NetApp, Inc. (NTAP) Dividends

NetApp, Inc. (NTAP)

Today's Latest Price: $46.89 USD

0.19 (0.41%)

Updated Oct 23 4:00pm

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Overall POWR Rating


POWR Components:

 Trade Grade  Buy & Hold Grade  Peer Grade  Industry Rank


Industry Rank:

Ranked of 8 in Technology - Storage

See all "A" rated Strong Buy stocks

Dividend Yield and Dividend History Highlights

  • If you care about predictable cash flow, note that NTAP reports less variability in its free cash flow than 89.31% of the dividend stocks we're tracking.
  • In terms of debt burden relative to earnings, NTAP has an EBITDA to net debt ratio of 1,186,000,000, ranking above 97.5% 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: POOL, UMC, HX, GME and CHD.
NTAP Ex-Dividend Date
NTAP Dividend Yield
4.09%
NTAP Annual Dividend
$1.92
NTAP Payout Ratio

NTAP Price Forecast Based on Dividend Discount Model

Current PriceDDM Fair Value Target: Forecasted Gain:
$46.89$73.6 55.76%

For dividend yielding stocks, the Dividend Discount Model (DDM) is a common valuation tool; it attempts to extrapolate a fair share price based primarily on the dividend the stock provides relative to a number of other quantiative aspects of its business. As for NTAP, the DDM model, as implemented by StockNews, implies a positive return of 55.76% relative to its current price. To help understand and contextualize the model's evaluation of NTAP, investors may wish to consider are:

  • As for its position relative to other Technology stocks that issue dividends, NetApp Inc offers a higher dividend yield than 90.32% of them.
  • If we compare the valuation opportunity a dividend discount model provides relative to other dividend stocks in the Technology sector, NetApp Inc's expected return of 55.76% is higher than 86.29% of its fellow sector mates.
  • Out of all stocks in our universe of US-listed dividend-issuing stocks, NTAP has a discount rate lower than 86.29% of them (a lower discount rate is associated with lower risk).

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 #2 of 9 vs. its peers in the Technology - Storage category.
Rank Symbol Name Dividend Yield
1 STX Seagate Technology PLC - Ordinary Shares (Ireland) 5.33%
2 NTAP NetApp, Inc. 4.49%
3 BRCD Brocade Communications Systems, Inc. 1.75%
4 TDC Teradata Corporation 0.00%
5 WDC Western Digital Corporation 0.00%
6 TNTR Tintri, Inc. 0.00%
7 QTM Quantum Corporation 0.00%
8 PSTG Pure Storage, Inc. 0.00%
9 IOTS Adesto Technologies Corporation 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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