NetApp, Inc. (NTAP) Dividends



NetApp, Inc. (NTAP)

Today's Latest Price: $64.76 USD

0.21 (-0.32%)

Updated Jan 22 4:00pm

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Overall POWR Rating


POWR Components:

 Trade Grade  Buy & Hold Grade  Peer Grade  Industry Rank


Industry Rank:

Ranked of 5 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 89.63% of the dividend stocks we're tracking.
  • In terms of debt burden relative to earnings, NTAP has an EBITDA to net debt ratio of 1,081,000,000, ranking above 97.4% stocks in our set (note that its net debt is negative, meaning it has more cash than debt).
  • If you want to include this stock in your dividend portfolio, here are some dividend stocks that are NOT correlated with NTAP that may be suitable potential portfolio mates: CTIB, ADT, FMS, MBT and CSPI.
NTAP Ex-Dividend Date
NTAP Dividend Yield
2.96%
NTAP Annual Dividend
$1.92
NTAP Payout Ratio

NTAP Price Forecast Based on Dividend Discount Model

Current PriceDDM Fair Value Target: Forecasted Gain:
$64.76$71.63 8.24%

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. As for NTAP, the dividend discount model StockNews created for the company implies a positive return of 8.24%. Digging deeper, the aspects of NetApp Inc's dividend discount model that we found most interesting were:

  • In comparison to other stocks in the Technology sector, NetApp Inc offers a higher dividend yield than 83.33% of them.
  • If we compare the valuation opportunity a dividend discount model provides relative to other dividend stocks in the Technology sector, the expected return of 8.24%, based on the stock's current share price and target price based on a dividend discount model, is greater than 80.16% of the DDM-forecasted return of its its sector peers.
  • Out of all stocks in our universe of US-listed dividend-issuing stocks, NetApp Inc bears a discount rate, according to our calculations, lower than 80.16% of them (lower discount rates are generally perceived as positive, and a sign of 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) 4.47%
2 NTAP NetApp, Inc. 2.96%
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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