NetApp Inc. (NTAP) Dividends

NetApp Inc. (NTAP): $88.92

1.69 (+1.94%)

POWR Rating

Component Grades

Momentum

B

Stability

C

Sentiment

Quality

A

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Industry: Technology - Hardware

Industry

A

Ranked

#12 of 36

in industry

Dividend Yield and Dividend History Highlights

  • In terms of debt burden relative to earnings, NTAP has an EBITDA to net debt ratio of 1,221,000,000, ranking above 96.57% stocks in our set (note that its net debt is negative, meaning it has more cash than debt).
  • As for stocks whose price is uncorrelated with NTAP's price and thus may be suitable peers for a diversified dividend portfolio, check out the following: MRTN, PRPL, JP, FENG and CL.
NTAP Ex-Dividend Date
NTAP Dividend Yield
2.29%
NTAP Annual Dividend
$2.00
NTAP Payout Ratio

NTAP Price Forecast Based on Dividend Discount Model

Current PriceDDM Fair Value Target: Forecasted Gain:
$88.92$61.78 -29.16%

A technique commonly used by dividend investors to value dividend-issuing stocks is the Dividend Discount Model (DDM), which seeks to determine a fair share price based on the dividend provided by the company relative to a number of other company-specific factors. In the case of NTAP, the dividend discount model StockNews created for the company implies a negative return of 29.16%. Some interesting points we thought investors may wish to consider regarding the dividend discount model forecast for NetApp Inc are:

  • In comparison to other stocks in the Technology sector, NTAP provides shareholders with a dividend yield greater than 73.23% such stocks.
  • Beta tells us how volatile a stock's price is relative to the broader equity index; as for NTAP, approximately 28% of US-listed dividend issuers had a higher beta, and thus may have greater price volatility.
  • Based on dividend growth rate, NetApp Inc has been increasing its dividends at a faster rate than 75.89% of US-listed dividend-issuing stocks we observed.


NTAP Dividend History

Ex-Dividend Date Type Payout Amount Change
2024-01-04Dividend$0.50--
2023-10-05Dividend$0.50--
2023-07-06Dividend$0.50--
2023-04-05Dividend$0.50--
2023-01-05Dividend$0.50--
2022-10-06Dividend$0.50--
2022-07-07Dividend$0.50--
2022-04-07Dividend$0.50--
2022-01-06Dividend$0.50--
2021-10-07Dividend$0.50--
2021-07-08Dividend$0.50+4.17%
2021-04-08Dividend$0.48--
2021-01-07Dividend$0.48--
2020-10-08Dividend$0.48--
2020-07-09Dividend$0.48--
2020-04-02Dividend$0.48--
2020-01-02Dividend$0.48--
2019-10-03Dividend$0.48--
2019-07-03Dividend$0.48+20.00%
2019-04-04Dividend$0.40--
2019-01-03Dividend$0.40--
2018-10-04Dividend$0.40--
2018-07-05Dividend$0.40+100.00%
2018-04-05Dividend$0.20--
2018-01-04Dividend$0.20--
2017-10-05Dividend$0.20--
2017-07-05Dividend$0.20+5.26%
2017-04-05Dividend$0.19--
2017-01-04Dividend$0.19--
2016-10-05Dividend$0.19--
2016-07-14Dividend$0.19+5.56%
2016-04-06Dividend$0.18--
2016-01-06Dividend$0.18--
2015-10-07Dividend$0.18--
2015-07-08Dividend$0.18+9.09%
2015-04-08Dividend$0.17--
2015-01-07Dividend$0.17--
2014-10-08Dividend$0.17--
2014-07-08Dividend$0.17+10.00%
2014-04-08Dividend$0.15--
2014-01-07Dividend$0.15--
2013-10-17Dividend$0.15--
2013-07-09Dividend$0.15--
2000-03-23Split
1999-12-21Split
1998-12-22Split
1997-12-19Split


NTAP Dividends vs. Peers

NTAP's dividend yield currently ranks #12 of 67 vs. its peers in the Technology - Hardware category.
Rank Symbol Name Dividend Yield
1 VISL Vislink Technologies, Inc. 0.00%
2 NEON Neonode Inc. 0.00%
3 VSBGF VSBLTY Groupe Technologies Corp. 0.00%
4 SPMYY Spirent Communications plc 0.00%
5 RGTI Rigetti Computing Inc. 0.00%
6 CMTL Comtech Telecommunications Corp. 0.00%
7 TECD Tech Data Corporation 0.00%
8 LOGI Logitech International S.A. 0.00%
9 EFII Electronics for Imaging, Inc. 0.00%
10 MNBEY MINEBEA MITSUMI INC. 0.00%
11 WDC Western Digital Corp. 0.00%
12 NTAP NetApp Inc. 0.00%
13 DVMT Dell Technologies Inc. Class V 0.00%
14 ALOT AstroNova, Inc. 0.00%
15 MRAAY Murata Manufacturing Co. Ltd. ADR 0.00%
16 LPTH LightPath Technologies, Inc. - 0.00%
17 SGMA SigmaTron International, Inc. 0.00%
18 ELSE Electro-Sensors, Inc. 0.00%
19 LTRX Lantronix, Inc. 0.00%
20 PCRFY Panasonic Holdings Corp. ADR 0.00%
21 SCKT Socket Mobile, Inc. 0.00%
22 TTDKY TDK Corp. ADR 0.00%
23 CRAY Cray Inc 0.00%
24 NXTD NXT-ID Inc. 0.00%
25 DELL Dell Technologies Inc 0.00%
26 HPQ HP Inc. 0.00%
27 NJDCY Nidec Corp. ADR 0.00%
28 TOSYY Toshiba Corp. ADR 0.00%
29 MSDI Monster Digital, Inc. 0.00%
30 KODK Eastman Kodak Co. 0.00%
31 OLED Universal Display Corporation 0.00%
32 SMIT Schmitt Industries, Inc. 0.00%
33 SEKEY Seiko Epson Corporation 0.00%
34 GPRO GoPro, Inc. - 0.00%
35 GRMN Garmin Ltd. 0.00%
36 KYO Kyocera Corporation 0.00%
37 CRCT Cricut, Inc. 0.00%
38 MICT MICT, Inc. 0.00%
39 FCUV Focus Universal Inc. 0.00%
40 MIND Mitcham Industries, Inc. 0.00%
41 CYBE CyberOptics Corporation 0.00%
42 LNVGY Lenovo Group Ltd. ADR 0.00%
43 SOBR SOBR Safe Inc. 0.00%
44 DAKT Daktronics, Inc. 0.00%
45 AAPL Apple Inc. 0.00%
46 STRC Sarcos Technology and Robotics Corporation 0.00%
47 CAJPY Canon Inc. ADR 0.00%
48 WISA Summit Wireless Technologies, Inc. 0.00%
49 IONQ IonQ, Inc. 0.00%
50 MSN Emerson Radio Corporation 0.00%
51 CAJ Canon Inc. ADR 0.00%
52 PBI Pitney Bowes Inc. 0.00%
53 KOPN Kopin Corporation 0.00%
54 ACFN Acorn Energy 0.00%
55 VTKLY VTech Holdings Limited 0.00%
56 ICG Intchains Group Ltd. ADR 0.00%
57 FATH Fathom Digital Manufacturing Corp. 0.00%
58 VWDRY Vestas Wind Systems A/S ADR 0.00%
59 KVHI KVH Industries, Inc. 0.00%
60 CAN Canaan Inc. ADR 0.00%
61 STX Seagate Technology Holdings PLC 0.00%
62 SHCAY Sharp Corporation 0.00%
63 CRSR Corsair Gaming, Inc. 0.00%
64 QMCO Quantum Corporation 0.00%
65 ITI Iteris, Inc. 0.00%
66 RICOY Ricoh Company, Ltd. 0.00%
67 TACT TransAct Technologies Incorporated 0.00%

Looking for More Information on NTAP dividends?

Want to do more research on NetApp Inc's dividends? Try the links below:

NetApp Inc Common Stock (NTAP) Dividend History | Nasdaq
Dividend History for NetApp Inc (NTAP) - Dividend Investor
NetApp Inc (NTAP) Dividend History - Seeking Alpha

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