NetApp Dividends and Buybacks
Dividend criteria checks 5/6
NetApp is a dividend paying company with a current yield of 1.75% 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
1.8%
Dividend yield
4.0%
Buyback Yield
| Total Shareholder Yield | 5.8% |
| Future Dividend Yield | 1.9% |
| Dividend Growth | 1.2% |
| 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
NetApp's (NASDAQ:NTAP) Upcoming Dividend Will Be Larger Than Last Year's
Jun 21
NetApp's (NASDAQ:NTAP) Upcoming Dividend Will Be Larger Than Last Year's
Jun 04NetApp (NASDAQ:NTAP) Will Pay A Dividend Of $0.50
Mar 19NetApp (NASDAQ:NTAP) Has Announced A Dividend Of $0.50
Mar 05Recent updates
Is NetApp, Inc. (NASDAQ:NTAP) Trading At A 37% Discount?
Dec 12Analysts Are Updating Their NetApp, Inc. (NASDAQ:NTAP) Estimates After Its Second-Quarter Results
Nov 27NetApp: ARR Growth And Margin Expansion Should Drive Further Upside
Nov 26NetApp's Q2 Earnings Preview: Profits, Partnerships, And The Path Forward
Nov 19Is NetApp (NASDAQ:NTAP) A Risky Investment?
Nov 04NetApp: Why Investors Should Remain Bullish For Fiscal 2025
Oct 22Unpleasant Surprises Could Be In Store For NetApp, Inc.'s (NASDAQ:NTAP) Shares
Oct 20NetApp: Trading At Great Value Despite AI Tailwinds
Sep 30What Does NetApp, Inc.'s (NASDAQ:NTAP) Share Price Indicate?
Sep 19NetApp, Inc.'s (NASDAQ:NTAP) CEO Looks Like They Deserve Their Pay Packet
Sep 04NetApp: No More Near-Term Good News Left - Downgrading To Hold
Sep 02Estimating The Intrinsic Value Of NetApp, Inc. (NASDAQ:NTAP)
Aug 26NetApp: Hold, The Margin Of Safety Has Been Exploited
Jul 30Returns On Capital At NetApp (NASDAQ:NTAP) Have Hit The Brakes
Jul 26We Think NetApp (NASDAQ:NTAP) Can Manage Its Debt With Ease
Jul 11NetApp's (NASDAQ:NTAP) Upcoming Dividend Will Be Larger Than Last Year's
Jun 21There May Be Reason For Hope In NetApp's (NASDAQ:NTAP) Disappointing Earnings
Jun 17NetApp, Inc. (NASDAQ:NTAP) Analysts Are Pretty Bullish On The Stock After Recent Results
Jun 13NetApp's (NASDAQ:NTAP) Upcoming Dividend Will Be Larger Than Last Year's
Jun 04Unpleasant Surprises Could Be In Store For NetApp, Inc.'s (NASDAQ:NTAP) Shares
May 21NetApp: A Long-Term Beneficiary Of AI
May 14Should You Think About Buying NetApp, Inc. (NASDAQ:NTAP) Now?
Apr 27Returns On Capital At NetApp (NASDAQ:NTAP) Have Stalled
Apr 09NetApp (NASDAQ:NTAP) Will Pay A Dividend Of $0.50
Mar 19NetApp: AI Could Support More Upside - Initiating With A Buy
Mar 05NetApp (NASDAQ:NTAP) Has Announced A Dividend Of $0.50
Mar 05Results: NetApp, Inc. Exceeded Expectations And The Consensus Has Updated Its Estimates
Mar 02NetApp Q3 Earnings Preview: Key Things To Consider
Feb 28Calculating The Fair Value Of NetApp, Inc. (NASDAQ:NTAP)
Feb 18NetApp, Inc. (NASDAQ:NTAP) Not Lagging Market On Growth Or Pricing
Jan 31Upcoming Dividend Payment
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) | 1.8% |
| Market Bottom 25% (US) | 1.4% |
| Market Top 25% (US) | 4.5% |
| Industry Average (Tech) | 0.4% |
| Analyst forecast (NTAP) (up to 3 years) | 1.9% |
Notable Dividend: NTAP's dividend (1.75%) is higher than the bottom 25% of dividend payers in the US market (1.43%).
High Dividend: NTAP's dividend (1.75%) is low compared to the top 25% of dividend payers in the US market (4.45%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (36.4%), NTAP's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonably low cash payout ratio (30.8%), NTAP's dividend payments are well covered by cash flows.
Discover strong dividend paying companies
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/26 13:55 |
| End of Day Share Price | 2024/12/24 00:00 |
| Earnings | 2024/10/25 |
| Annual Earnings | 2024/04/26 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
| |
| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
| |
| Ownership | 10 years |
| |
| Management | 10 years |
| |
| Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.
Learn about the world class team who designed and built the Simply Wall St analysis model.
Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
NetApp, Inc. is covered by 70 analysts. 19 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| James Kelleher | Argus Research Company |
| Josep Bori | Atlantic Equities LLP |
| Jayson Noland | Baird |