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NTAP NetApp dividend history, payout ratio & dates

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%.

Key dates

  • NTAP last dividend date: Apr 4, 2024
  • NTAP next dividend date: Not announced
NTAP dividend stats
DPS
$2
Dividend yield
2.04%
Payout ratio
44.5%
vs. Technology sector
Dividend yield
1.58%
Payout ratio
33.5%

Dividend yield

What is NetApp current dividend yield

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 1.58%, NetApp's dividend yield is 29% higher. The historical 5-year average of NTAP's dividend yield is 3.0%, which is above the current yield.

Dividend history

What is NTAP dividend payout history and dates

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%.

Recent dividends

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 dividend payout ratio

What is NetApp dividend payout ratio compared to the sector

Payout ratio

NetApp's payout ratio of 44.5% is above the Technology sector average. Compared to its Technology sector average of 33.5%, NetApp's payout ratio is 33% higher.

Total amount of dividends paid per financial year (from cash flow)

NTAP dividend vs peer dividends

How does NTAP dividend compare to its peers' dividends
Name Dividend yield DPS Payout ratio
HPQ Hp Inc 3.87% $1.08 31.1%
STX Seagate Technology plc 3.4% $2.8 N/A
NTAP NetApp Inc 2.04% $2 44.5%

Frequently asked questions

Does NetApp pay a dividend?

Yes, NetApp has been paying dividends for the last ten years.

When is NetApp's next dividend?

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.

When was NTAP's last dividend?

NetApp's last dividend ex-date was on Apr 4, 2024. The dividend amount was $0.5 per share.

How much dividend does NetApp pay (per share)?

NTAP's annualized dividend per share is $2.

What is NetApp's dividend yield?

NetApp's current dividend yield is 2.04%.

How often does NetApp pay dividends?

NetApp has a quarterly dividend frequency.

What is NetApp's dividend payout ratio?

The dividend payout ratio of NetApp is 44.5%.

Does NetApp pay a good dividend?

NetApp's dividend yield is above the Technology sector average.