June 20, 2021
Business News

Danaos Corporation Announces Implementation of Dividend Reinvestment Plan


ATHENS, Greece–()–Danaos Corporation (“Danaos”) (NYSE: DAC) announced today that its Board of Directors (the “Board”) has approved a dividend reinvestment plan (the “plan”). The plan offers holders of Danaos common stock the opportunity to purchase additional shares by having their cash dividends automatically reinvested in Danaos common stock. Participation in the plan is optional, and stockholders who decide not to participate in the plan will receive cash dividends, as declared and paid. All dividends with respect to Danaos’s common stock are payable only when, as and if declared by the Board.

The following is a summary of the key attributes of the plan. The terms and conditions of the plan are…



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