NetApp's most recent quarterly dividend payment of $0.5 per share was made to shareholders on record before Apr 4, 2024. The payout stands at $2 per share annually, which works out to a dividend yield of 2.04%.
NetApp's dividend yield of 2.04% is above the Technology sector average but below the industry average. Compared to its Technology sector average of 1.53%, NetApp's dividend yield is 33% higher. The historical 5-year average of NTAP's dividend yield is 3.0%, which is above the current yield.
NetApp has been paying dividends for the last ten years. According to our data NTAP has issued four quarterly dividends in the last twelve months. The annualized DPS has not changed for the last year. However since the stock price has gone up by 55% from a year ago, the dividend yield has decreased by 36%.
| Ex-date | Payment date | Declared on | Amount | Type |
|---|---|---|---|---|
| Apr 4, 2024 | Apr 24, 2024 | Feb 29, 2024 | $0.5 | normal |
| Jan 4, 2024 | Jan 24, 2024 | Nov 28, 2023 | $0.5 | normal |
| Oct 5, 2023 | Oct 25, 2023 | Aug 23, 2023 | $0.5 | normal |
| Jul 6, 2023 | Jul 26, 2023 | May 31, 2023 | $0.5 | normal |
| Apr 5, 2023 | Apr 26, 2023 | Feb 22, 2023 | $0.5 | normal |
| Jan 5, 2023 | Jan 25, 2023 | Nov 29, 2022 | $0.5 | normal |
| Oct 6, 2022 | Oct 26, 2022 | Aug 24, 2022 | $0.5 | normal |
| Jul 7, 2022 | Jul 27, 2022 | Jun 1, 2022 | $0.5 | normal |
| Apr 7, 2022 | Apr 27, 2022 | Feb 23, 2022 | $0.5 | normal |
| Jan 6, 2022 | Jan 26, 2022 | Nov 30, 2021 | $0.5 | normal |
| Oct 7, 2021 | Oct 27, 2021 | Aug 25, 2021 | $0.5 | normal |
| Jul 8, 2021 | Jul 28, 2021 | Jun 2, 2021 | $0.5 | normal |
| Apr 8, 2021 | Apr 28, 2021 | Feb 24, 2021 | $0.48 | normal |
| Jan 7, 2021 | Jan 27, 2021 | Dec 1, 2020 | $0.48 | normal |
| Oct 8, 2020 | Oct 28, 2020 | Aug 26, 2020 | $0.48 | normal |
| Jul 9, 2020 | Jul 29, 2020 | May 27, 2020 | $0.48 | normal |
| Apr 2, 2020 | Apr 22, 2020 | Feb 12, 2020 | $0.48 | normal |
| Jan 2, 2020 | Jan 22, 2020 | Nov 13, 2019 | $0.48 | normal |
| Oct 3, 2019 | Oct 23, 2019 | Aug 14, 2019 | $0.48 | normal |
| Jul 3, 2019 | Jul 24, 2019 | May 22, 2019 | $0.48 | normal |
| Apr 4, 2019 | Apr 24, 2019 | Feb 13, 2019 | $0.4 | normal |
| Jan 3, 2019 | Jan 23, 2019 | Nov 14, 2018 | $0.4 | normal |
| Oct 4, 2018 | Oct 24, 2018 | Aug 15, 2018 | $0.4 | normal |
| Jul 5, 2018 | Jul 25, 2018 | Apr 5, 2018 | $0.4 | normal |
| Apr 5, 2018 | Apr 25, 2018 | Feb 14, 2018 | $0.2 | normal |
| Jan 4, 2018 | Jan 24, 2018 | Nov 15, 2017 | $0.2 | normal |
| Oct 5, 2017 | Oct 25, 2017 | Aug 16, 2017 | $0.2 | normal |
| Jul 5, 2017 | Jul 26, 2017 | May 24, 2017 | $0.2 | normal |
| Apr 5, 2017 | Apr 26, 2017 | Feb 15, 2017 | $0.19 | normal |
| Jan 4, 2017 | Jan 25, 2017 | Nov 16, 2016 | $0.19 | normal |
| Oct 5, 2016 | Oct 26, 2016 | Aug 17, 2016 | $0.19 | normal |
| Jul 14, 2016 | Jul 27, 2016 | May 25, 2016 | $0.19 | normal |
| Apr 6, 2016 | Apr 27, 2016 | Feb 17, 2016 | $0.18 | normal |
| Jan 6, 2016 | Jan 20, 2016 | Nov 18, 2015 | $0.18 | normal |
| Oct 7, 2015 | Oct 21, 2015 | Aug 19, 2015 | $0.18 | normal |
NetApp's payout ratio of 44.5% is above the Technology sector average. Compared to its Technology sector average of 33.6%, NetApp's payout ratio is 32% higher.
| Name | Dividend yield | DPS | Payout ratio |
|---|---|---|---|
| HPQ Hp Inc | 3.88% | $1.08 | 31.1% |
| STX Seagate Technology plc | 3.23% | $2.8 | N/A |
| NTAP NetApp Inc | 2.03% | $2 | 44.5% |
Yes, NetApp has been paying dividends for the last ten years.
Currently NTAP's next dividend date is unknown, however based on the recent dividend frequency we project that it will likely be in July 2024.
NetApp's last dividend ex-date was on Apr 4, 2024. The dividend amount was $0.5 per share.
NTAP's annualized dividend per share is $2.
NetApp's current dividend yield is 2.04%.
NetApp has a quarterly dividend frequency.
The dividend payout ratio of NetApp is 44.5%.
NetApp's dividend yield is above the Technology sector average.