NetApp Inc. (NTAP) Dividends

NetApp Inc. (NTAP): $65.24

-0.12 (-0.18%)

POWR Rating

Component Grades

Growth

S

Value

I

Momentum

G

Stability

N

Sentiment

U

Quality

P

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
3.06%
NTAP Annual Dividend
$2.00
NTAP Payout Ratio

NTAP Price Forecast Based on Dividend Discount Model

Current PriceDDM Fair Value Target: Forecasted Gain:
$65.24$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 Chart


NTAP Dividend History

Ex-Dividend Date Type Payout Amount Change
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NTAP Dividends vs. Peers

NTAP's dividend yield currently ranks #7 of 64 vs. its peers in the Technology - Hardware category.
Rank Symbol Name Dividend Yield
1 PBI Pitney Bowes Inc. 5.46%
2 SHCAY Sharp Corporation 4.87%
3 CMTL Comtech Telecommunications Corp. 4.40%
4 STX Seagate Technology Holdings PLC 3.92%
5 TOSYY Toshiba Corporation 3.65%
6 CAJ Canon Inc. ADR 3.30%
7 NTAP NetApp Inc. 3.06%
8 HPQ HP Inc. 2.98%
9 GRMN Garmin Ltd. 2.95%
10 DELL Dell Technologies Inc 2.79%
11 SPMYY Spirent Communications plc 2.49%
12 PCRFY Panasonic Corporation 2.10%
13 LNVGY Lenovo Group Limited 1.90%
14 SEKEY Seiko Epson Corporation 1.40%
15 OLED Universal Display Corporation 1.16%
16 RICOY Ricoh Company, Ltd. 0.97%
17 KYO Kyocera Corporation 0.84%
18 TTDKY TDK Corporation 0.76%
19 MNBEY MINEBEA MITSUMI INC. 0.71%
20 AAPL Apple Inc. 0.66%
21 MRAAY Murata Manufacturing Co., Ltd. 0.58%
22 NJDCY Nidec Corporation 0.52%
23 VWDRY Vestas Wind Systems A/S 0.14%
24 VISL Vislink Technologies, Inc. 0.00%
25 NEON Neonode Inc. 0.00%
26 RGTI Rigetti Computing Inc. 0.00%
27 TECD Tech Data Corporation 0.00%
28 LOGI Logitech International S.A. 0.00%
29 EFII Electronics for Imaging, Inc. 0.00%
30 WDC Western Digital Corp. 0.00%
31 DVMT Dell Technologies Inc. Class V 0.00%
32 ALOT AstroNova, Inc. 0.00%
33 LPTH LightPath Technologies, Inc. - 0.00%
34 SGMA SigmaTron International, Inc. 0.00%
35 ELSE Electro-Sensors, Inc. 0.00%
36 LTRX Lantronix, Inc. 0.00%
37 SCKT Socket Mobile, Inc. 0.00%
38 CRAY Cray Inc 0.00%
39 NXTD NXT-ID Inc. 0.00%
40 MSDI Monster Digital, Inc. 0.00%
41 KODK Eastman Kodak Co. 0.00%
42 SMIT Schmitt Industries, Inc. 0.00%
43 GPRO GoPro, Inc. - 0.00%
44 CRCT Cricut, Inc. 0.00%
45 MICT MICT, Inc. 0.00%
46 FCUV Focus Universal Inc. 0.00%
47 MIND Mitcham Industries, Inc. 0.00%
48 CYBE CyberOptics Corporation 0.00%
49 DAKT Daktronics, Inc. 0.00%
50 STRC Sarcos Technology and Robotics Corporation 0.00%
51 WISA Summit Wireless Technologies, Inc. 0.00%
52 IONQ IonQ, Inc. 0.00%
53 MSN Emerson Radio Corporation 0.00%
54 KOPN Kopin Corporation 0.00%
55 ACFN Acorn Energy 0.00%
56 FATH Fathom Digital Manufacturing Corp. 0.00%
57 KVHI KVH Industries, Inc. 0.00%
58 CAN Canaan Inc. ADR 0.00%
59 CRSR Corsair Gaming, Inc. 0.00%
60 QMCO Quantum Corporation 0.00%
61 ITI Iteris, Inc. 0.00%
62 TACT TransAct Technologies Incorporated 0.00%
63 VSBGF VSBLTY Groupe Technologies Corp. 0.00%
64 VTKLY VTech Holdings Limited 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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