NetApp Inc. (NTAP) Dividends
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 Price Forecast Based on Dividend Discount Model
| Current Price | DDM Fair Value Target: | Forecasted Gain: |
| $118.45 | $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 |
|---|---|---|---|
| 2024-10-04 | Dividend | $0.52 | -- |
| 2024-07-05 | Dividend | $0.52 | +4.00% |
| 2024-04-04 | Dividend | $0.50 | -- |
| 2024-01-04 | Dividend | $0.50 | -- |
| 2023-10-05 | Dividend | $0.50 | -- |
| 2023-07-06 | Dividend | $0.50 | -- |
| 2023-04-05 | Dividend | $0.50 | -- |
| 2023-01-05 | Dividend | $0.50 | -- |
| 2022-10-06 | Dividend | $0.50 | -- |
| 2022-07-07 | Dividend | $0.50 | -- |
| 2022-04-07 | Dividend | $0.50 | -- |
| 2022-01-06 | Dividend | $0.50 | -- |
| 2021-10-07 | Dividend | $0.50 | -- |
| 2021-07-08 | Dividend | $0.50 | +4.17% |
| 2021-04-08 | Dividend | $0.48 | -- |
| 2021-01-07 | Dividend | $0.48 | -- |
| 2020-10-08 | Dividend | $0.48 | -- |
| 2020-07-09 | Dividend | $0.48 | -- |
| 2020-04-02 | Dividend | $0.48 | -- |
| 2020-01-02 | Dividend | $0.48 | -- |
| 2019-10-03 | Dividend | $0.48 | -- |
| 2019-07-03 | Dividend | $0.48 | +20.00% |
| 2019-04-04 | Dividend | $0.40 | -- |
| 2019-01-03 | Dividend | $0.40 | -- |
| 2018-10-04 | Dividend | $0.40 | -- |
| 2018-07-05 | Dividend | $0.40 | +100.00% |
| 2018-04-05 | Dividend | $0.20 | -- |
| 2018-01-04 | Dividend | $0.20 | -- |
| 2017-10-05 | Dividend | $0.20 | -- |
| 2017-07-05 | Dividend | $0.20 | +5.26% |
| 2017-04-05 | Dividend | $0.19 | -- |
| 2017-01-04 | Dividend | $0.19 | -- |
| 2016-10-05 | Dividend | $0.19 | -- |
| 2016-07-14 | Dividend | $0.19 | +5.56% |
| 2016-04-06 | Dividend | $0.18 | -- |
| 2016-01-06 | Dividend | $0.18 | -- |
| 2015-10-07 | Dividend | $0.18 | -- |
| 2015-07-08 | Dividend | $0.18 | +9.09% |
| 2015-04-08 | Dividend | $0.17 | -- |
| 2015-01-07 | Dividend | $0.17 | -- |
| 2014-10-08 | Dividend | $0.17 | -- |
| 2014-07-08 | Dividend | $0.17 | +10.00% |
| 2014-04-08 | Dividend | $0.15 | -- |
| 2014-01-07 | Dividend | $0.15 | -- |
| 2013-10-17 | Dividend | $0.15 | -- |
| 2013-07-09 | Dividend | $0.15 | -- |
| 2000-03-23 | Split | ||
| 1999-12-21 | Split | ||
| 1998-12-22 | Split | ||
| 1997-12-19 | Split |
NTAP Dividends vs. Peers
NTAP's dividend yield currently ranks #13 of 68 vs. its peers in the Technology - Hardware category.
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