NetApp, Inc. (NTAP) Dividends

NetApp, Inc. (NTAP): $92.07

0.55 (+0.60%)

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
2.19%
NTAP Annual Dividend
$2.00
NTAP Payout Ratio

NTAP Price Forecast Based on Dividend Discount Model

Current PriceDDM Fair Value Target: Forecasted Gain:
$92.07$42.87 -51.99%

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 DDM model, as implemented by StockNews, implies a negative return of 51.99% relative to its current price. Some interesting points we thought investors may wish to consider regarding the dividend discount model forecast for NetApp Inc are:

  • NetApp Inc's dividend growth rate is higher than 79.81% of stocks in its sector (Technology).
  • NetApp Inc's market cap of $20 billion US dollars puts it in the large-sized market cap class; amongst this group of stocks, its equity discount rate is lower than just 22.43% of them.
  • A stock's beta generally indicates its volatility relative to the broader equity market; as for NTAP, approximately just 20.12% of US-listed dividend issuers had a higher beta, and thus may have greater price volatility.

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 #1 of 7 vs. its peers in the Technology - Storage category.
Rank Symbol Name Dividend Yield
1 NTAP NetApp, Inc. 2.26%
2 BRCD Brocade Communications Systems, Inc. 1.75%
3 TDC Teradata Corporation 0.00%
4 TNTR Tintri, Inc. 0.00%
5 QTM Quantum Corporation 0.00%
6 PSTG Pure Storage, Inc. 0.00%
7 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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