NetApp Dividend
Dividend criteria checks 4/6
NetApp is a dividend paying company with a current yield of 1.57% that is well covered by earnings.
Key information
1.6%
Dividend yield
42%
Payout ratio
| Industry average yield | 0% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | Mex$2.080 |
| Earnings per share | Mex$4.79 |
| Dividend yield forecast in 3Y | 1.7% |
Recent dividend updates
No updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: NTAP *'s dividends per share have been stable in the past 10 years.
Growing Dividend: NTAP *'s dividend payments have increased over the past 10 years.
Dividend Yield vs Market
| NetApp Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (NTAP *) | 1.6% |
| Market Bottom 25% (MX) | 0% |
| Market Top 25% (MX) | 0% |
| Industry Average (Tech) | 0% |
| Analyst forecast in 3 Years (NTAP *) | 1.7% |
Notable Dividend: NTAP *'s dividend (1.57%) isn’t notable compared to the bottom 25% of dividend payers in the MX market (2.15%).
High Dividend: NTAP *'s dividend (1.57%) is low compared to the top 25% of dividend payers in the MX market (7.15%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (42.2%), NTAP *'s dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonably low cash payout ratio (28%), NTAP *'s dividend payments are well covered by cash flows.