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NetApp (NTAP) Dividend Yield, Date & History

NetApp logo
$118.45 +1.87 (+1.60%)
(As of 12/20/2024 05:31 PM ET)

NetApp Dividend Summary

Dividend Yield
1.76%
Annual Dividend
$2.08
Next
Dividend Payment
Jan. 22
Annualized 3-Year
Dividend Growth
1.37%
Dividend Payout Ratio
38.24%

NetApp (NTAP) pays an annual dividend of $2.08 per share, with a dividend yield of 1.76%. The next quarterly payment of $0.52 per share is scheduled for Wednesday, January 22, to investors who own the stock before the ex-dividend date of Friday, January 3. The company currently pays out 38.24% of its earnings and 33.14% of its cash flow as dividends.

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NTAP Dividend Payments by Quarter

The chart below displays up to four years of NetApp's dividend payment history by quarter. The blue bars represent historical dividend payments, while the gray bars indicate future payments.

NTAP Dividend Yield Over Time

The chart below tracks NetApp's dividend yield over the past four years. The line represents changes in yield by quarter, providing a clear view of trends over time.

NetApp vs. The Competition

Compare NetApp's annual dividend, yield, and 3-year growth rate with averages for Computer and NASDAQ companies to evaluate its performance against the market.

TypeNetAppComputer CompaniesNASDAQ Companies
Annual Dividend$2.08$0.03$1.31
Dividend Yield1.76%2.76%4.21%
Annualized 3-Year Dividend Growth1.37%12.57%14.22%

NetApp Dividend Payout Ratio

Dividend payout ratios express the dividend as a percentage of another metric, such as earnings or cash flow, and can be used to assess dividend sustainability.

TypePayout Ratio
Based on Trailing 12 Months of Earnings38.24%
Based on This Year's Estimate35.68%
Based on Next Year's Estimate33.02%
Based on Cashflow33.14%

NetApp Dividend History by Quarter

AnnouncedPeriodPaymentPayment ChangeYieldEx-Dividend DateRecord DatePayable Date
11/21/2024quarterly$0.52 - 1.64%1/3/20251/3/20251/22/2025
8/28/2024quarterly$0.52 - 1.58%10/4/202410/4/202410/23/2024
5/30/2024quarterly$0.52+$0.02
4.00%
1.78%7/5/20247/5/20247/24/2024
2/29/2024quarterly$0.50 - 2.24%4/4/20244/5/20244/24/2024
11/28/2023quarterly$0.50 - 2.56%1/4/20241/5/20241/24/2024
8/23/2023Quarterly$0.50 - 2.65%10/5/202310/6/202310/25/2023
5/31/2023Quarterly$0.50 - 2.78%7/6/20237/7/20237/26/2023
2/22/2023quarterly$0.50 - 3.04%4/5/20234/6/20234/26/2023

This table shows NetApp's quarterlydividend history, including payout amounts, yield, dividend changes, and key dates. Use the date filter to explore data as far back as 2013 to analyze trends over time.

NetApp Dividend - Frequently Asked Questions

The current dividend yield for NetApp is 1.76%. Learn more on NTAP's dividend yield history.

The annual dividend for NTAP shares is $2.08. Learn more on NTAP's annual dividend history.

NetApp pays quarterly dividends to shareholders.

NetApp's next quarterly dividend payment of $0.52 per share will be made to shareholders on Wednesday, January 22, 2025.

NetApp's most recent quarterly dividend payment of $0.52 per share was made to shareholders on Wednesday, October 23, 2024.

NetApp's next ex-dividend date is Friday, January 3, 2025.

NetApp's most recent ex-dividend date was Friday, October 4, 2024.

Over the past three years, the company's dividend has grown by an average of 1.37% per year.

The most recent change in the company's dividend was an increase of $0.02 on Thursday, May 30, 2024.

The dividend payout ratio for NTAP is:
  • 38.24% based on the trailing year of earnings
  • 35.68% based on this year's estimates
  • 33.02% based on next year's estimates
  • 33.14% based on cash flow

NetApp's dividend yield of 1.76% is lower than the average Computer and Technology company that issues a dividend. NetApp's dividend payout ratio of 38.24% is at a healthy, sustainable level, below 75% of its earnings.

Looking at the stock as a whole, market analysts rate NetApp stock as a Hold, forecasting limited upside or downside, with the stock seen as fairly valued at this time.


This page (NASDAQ:NTAP) was last updated on 12/21/2024 by MarketBeat.com Staff
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