NetApp Dividends and Buybacks
Dividend criteria checks 4/6
NetApp is a dividend paying company with a current yield of 1.7% that is well covered by earnings. Next payment date is on 22nd January, 2025 with an ex-dividend date of 3rd January, 2025.
Key information
1.7%
Dividend yield
3.9%
Buyback Yield
| Total Shareholder Yield | 5.6% |
| Future Dividend Yield | 1.8% |
| Dividend Growth | 1.6% |
| Next dividend pay date | 22 Jan 25 |
| Ex dividend date | 03 Jan 25 |
| Dividend per share | US$2.080 |
| Payout ratio | 36% |
Recent dividend and buyback updates
Recent updates
Upcoming Dividend Payment
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: 0K6F's dividends per share have been stable in the past 10 years.
Growing Dividend: 0K6F's dividend payments have increased over the past 10 years.
Dividend Yield vs Market
| NetApp Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (0K6F) | 1.7% |
| Market Bottom 25% (GB) | 2.1% |
| Market Top 25% (GB) | 5.8% |
| Industry Average (Tech) | 1.6% |
| Analyst forecast (0K6F) (up to 3 years) | 1.8% |
Notable Dividend: 0K6F's dividend (1.7%) isn’t notable compared to the bottom 25% of dividend payers in the UK market (2.1%).
High Dividend: 0K6F's dividend (1.7%) is low compared to the top 25% of dividend payers in the UK market (5.83%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (36.4%), 0K6F's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonably low cash payout ratio (30.8%), 0K6F's dividend payments are well covered by cash flows.