NetApp, Inc. provides cloud-led and data-centric services to manage and share data on-premises, and private and public clouds worldwide. It operates in two segments, Hybrid Cloud and Public Could. The company offers intelligent data management software, such as NetApp ONTAP, NetApp Snapshot, NetApp SnapCenter Backup Management, NetApp SnapMirror Data Replication, NetApp SnapLock Data Compliance, NetApp ElementOS software, and NetApp SANtricity software; and storage infrastructure solutions, including NetApp All-Flash FAS series, NetApp Fabric Attached Storage, NetApp FlexPod, NetApp E/EF series, NetApp StorageGRID, and NetApp SolidFire. It also provides cloud storage and data services comprising NetApp Cloud Volumes ONTAP, Azure NetApp Files, Amazon FSx for NetApp ONTAP, NetApp Cloud Volumes Service for Google Cloud, NetApp Cloud Sync, NetApp Cloud Tiering, NetApp Cloud Backup, NetApp Cloud Data Sense, and NetApp Cloud Volumes Edge Cache; and cloud operations services, such as NetApp Cloud Insights, Spot Ocean Kubernetes Suite, Spot Security, Spot Eco, and Spot CloudCheckr. In addition, the company offers application-aware data management service under the NetApp Astra name; and professional and support services, such as strategic consulting, professional, managed, and support services. Further, it provides assessment, design, implementation, and migration services. The company serves the energy, financial service, government, technology, internet, life science, healthcare service, manufacturing, media, entertainment, animation, video postproduction, and telecommunication markets through a direct sales force and an ecosystem of partners. NetApp, Inc. was incorporated in 1992 and is headquartered in San Jose, California.
NetApp Dividend Announcement
• NetApp announced a quarterly dividend of $0.52 per ordinary share which will be made payable on 2024-10-23. Ex dividend date: 2024-10-04
• NetApp annual dividend for 2024 was $2.04
• NetApp annual dividend for 2023 was $2.00
• NetApp's trailing twelve-month (TTM) dividend yield is 1.66%
• NetApp's payout ratio for the trailing twelve months (TTM) is 38.43%
• NetApp's dividend growth over the last five years (2018-2023) was 10.76% year
• NetApp's dividend growth over the last ten years (2013-2023) was 20.89% year
NetApp Dividend History
| Ex-Div date | Dividend amount | Dividend type | Pay date |
|---|---|---|---|
| 2024-10-04 | $0.52 | quarterly | 2024-10-23 |
| 2024-07-05 | $0.52 | quarterly | 2024-07-24 |
| 2024-04-04 | $0.50 | quarterly | 2024-04-24 |
| 2024-01-04 | $0.50 | quarterly | 2024-01-24 |
| 2023-10-05 | $0.50 | quarterly | 2023-10-25 |
| 2023-07-06 | $0.50 | quarterly | 2023-07-26 |
| 2023-04-05 | $0.50 | quarterly | 2023-04-26 |
| 2023-01-05 | $0.50 | quarterly | 2023-01-25 |
| 2022-10-06 | $0.50 | quarterly | 2022-10-26 |
| 2022-07-07 | $0.50 | quarterly | 2022-07-27 |
| 2022-04-07 | $0.50 | quarterly | 2022-04-27 |
| 2022-01-06 | $0.50 | quarterly | 2022-01-26 |
| 2021-10-07 | $0.50 | quarterly | 2021-10-27 |
| 2021-07-08 | $0.50 | quarterly | 2021-07-28 |
| 2021-04-08 | $0.48 | quarterly | 2021-04-28 |
| 2021-01-07 | $0.48 | quarterly | 2021-01-27 |
| 2020-10-08 | $0.48 | quarterly | 2020-10-28 |
| 2020-07-09 | $0.48 | quarterly | 2020-07-29 |
| 2020-04-02 | $0.48 | quarterly | 2020-04-22 |
| 2020-01-02 | $0.48 | quarterly | 2020-01-22 |
| 2019-10-03 | $0.48 | quarterly | 2019-10-23 |
| 2019-07-03 | $0.48 | quarterly | 2019-07-24 |
| 2019-04-04 | $0.40 | quarterly | 2019-04-24 |
| 2019-01-03 | $0.40 | quarterly | 2019-01-23 |
| 2018-10-04 | $0.40 | quarterly | 2018-10-24 |
| 2018-07-05 | $0.40 | quarterly | 2018-07-25 |
| 2018-04-05 | $0.20 | quarterly | 2018-04-25 |
| 2018-01-04 | $0.20 | quarterly | 2018-01-24 |
| 2017-10-05 | $0.20 | quarterly | 2017-10-25 |
| 2017-07-05 | $0.20 | quarterly | 2017-07-26 |
| 2017-04-05 | $0.19 | quarterly | 2017-04-26 |
| 2017-01-04 | $0.19 | quarterly | 2017-01-25 |
| 2016-10-05 | $0.19 | quarterly | 2016-10-26 |
| 2016-07-14 | $0.19 | quarterly | 2016-07-27 |
| 2016-04-06 | $0.18 | quarterly | 2016-04-27 |
| 2016-01-06 | $0.18 | quarterly | 2016-01-20 |
| 2015-10-07 | $0.18 | quarterly | 2015-10-21 |
| 2015-07-08 | $0.18 | quarterly | 2015-07-23 |
| 2015-04-08 | $0.17 | quarterly | 2015-04-23 |
| 2015-01-07 | $0.17 | quarterly | 2015-01-22 |
| 2014-10-08 | $0.17 | quarterly | 2014-10-22 |
| 2014-07-08 | $0.17 | quarterly | 2014-07-22 |
| 2014-04-08 | $0.15 | quarterly | 2014-04-22 |
| 2014-01-07 | $0.15 | quarterly | 2014-01-22 |
| 2013-10-17 | $0.15 | quarterly | 2013-10-25 |
| 2013-07-09 | $0.15 | quarterly | 2013-07-23 |
NetApp Dividend per year
NetApp Dividend growth
NetApp Dividend Yield
NetApp current trailing twelve-month (TTM) dividend yield is 1.66%. Interested in purchasing NetApp stock? Use our calculator to estimate your expected dividend yield:
NetApp Financial Ratios
P/E ratio23.32
PEG ratio2.22
P/B ratio27.24
ROE113.05%
Payout ratio38.43%
Current ratio0.94
Quick ratio0.90
Cash Ratio0.37
NetApp Dividend FAQ
How much is the next NetApp dividend?
NetApp's board of directors will review the company's financial performance, cash flow, future investment needs, and other relevant factors to determine the next NetApp dividend. The next NetApp dividend will be released in January, April, July, or October.
When is NetApp dividend paid?
NetApp pays dividends on a quarterly basis. The specific dates may vary each year but are generally around January, April, July, and October. However, please note that the exact timing and amount can vary, and companies may also decide to change their dividend policy based on their financial health and other considerations.
What dividend does NetApp pay?
The specific amount of NetApp dividend can vary from quarter to quarter and year to year, based on a variety of factors including the company's financial performance, the global economic situation, and the decisions of its board of directors. In the above table you can find NetApp's dividend history.
Does NetApp stock pay dividends?
Yes, NetApp does pay dividends to its shareholders. However, the specific amount and frequency of these dividends can vary based on a variety of factors, including the company's financial performance, the global economic situation, and the decisions of its board of directors. In the above table you can find NetApp's dividend history.
How much dividend does NetApp pay?
NetApp paid $2.04 in 2024, $2.0 in 2023, $2.0 in 2022, $1.96 in 2021, and $1.92 in 2020.
How often does NetApp pay dividends?
NetApp typically pays dividends on a quarterly basis. This means that dividends are usually distributed 4 times a year. The specific payout dates may vary each year but generally fall around January, April, July, and October.
What is NetApp's dividend yield?
The current dividend yield for NetApp is 1.66%. The dividend yield is calculated by dividing the annual dividend payment by the price of the stock. Both of these numbers can fluctuate daily due to changes in the stock price and any updates to the dividend payment. Use the dividend calculator on this page to calculate NetApp's exact dividend yield.
When does NetApp go ex dividend?
NetApp's ex-dividend date for the latest dividend was on 2024-10-04. NetApp typically goes ex-dividend a few weeks before the payment date. The specific dates can vary each year and for each dividend payment.
When is the next NetApp dividend paid?
NetApp pays dividends on a quarterly basis, typically around January, April, July, or October, but the exact dates can vary each year.
Will NetApp increase its dividend?
Decisions about dividend payments are made by the company's board of directors and are based on a variety of factors. To understand whether NetApp will increase its dividend, it's beneficial to look at the company's earnings, financial health, future business prospects, and the overall economic environment.
How much is NetApp dividend per share?
NetApp paid $2.04 per share in 2024 and $2.0 per share in 2023. The amount of dividend per share that NetApp pays can vary each quarter based on a range of factors including the company's earnings, financial health, and decisions made by its board of directors.
Is NetApp a dividend aristocrat?
No, the term "Dividend Aristocrat" is typically used to describe a company in the S&P 500 index that has increased its dividend payouts for at least 25 consecutive years.
Is NetApp a dividend king?
No, a "Dividend King" is a company that has managed to increase its dividend payouts for 50 consecutive years or more, which is an even more selective group than the Dividend Aristocrats.
Is NetApp a dividend stock?
Yes, NetApp is considered a dividend stock. A dividend stock is a stock of a company that regularly pays out dividends to its shareholders.
Is NetApp a good dividend stock?
Whether NetApp is a good dividend stock depends on several factors and can vary depending on individual investment goals, risk tolerance, and the overall market conditions. NetApp has a history of paying regular dividends, which can make it attractive to income-focused investors.
Other factors to consider when evaluating NetApp as a dividend stock include its dividend yield, dividend growth, payout ratio, and the sustainability of its dividend payments given its earnings and cash flow. These factors can provide insight into the company's ability to maintain or increase its dividend in the future.
Other factors to consider when evaluating NetApp as a dividend stock include its dividend yield, dividend growth, payout ratio, and the sustainability of its dividend payments given its earnings and cash flow. These factors can provide insight into the company's ability to maintain or increase its dividend in the future.
Does NetApp pay dividends monthly?
NetApp typically pays dividends on a quarterly basis.
Does NetApp pay dividends quarterly?
NetApp currently pays dividends on a quarterly basis.
Has NetApp ever paid a dividend?
Yes, NetApp has a history of paying dividends to its shareholders. NetApp is known for its dividend payments, which have made it an attractive investment for income-focused investors.
How to buy NetApp dividend stocks?
To buy NetApp you need a brokerage account. Open an account with a reputable brokerage firm that offers access to the stock market. Consider factors such as fees, account minimums, and the availability of dividend reinvestment programs (DRIPs) if you wish to reinvest your dividends automatically.
Place an order: Use the brokerage's trading platform to place an order to buy NetApp stock.
Remember that buying stocks involves risk, and it's important to carefully consider your investment goals, risk tolerance, and conduct thorough research before making any investment decisions.
Place an order: Use the brokerage's trading platform to place an order to buy NetApp stock.
Remember that buying stocks involves risk, and it's important to carefully consider your investment goals, risk tolerance, and conduct thorough research before making any investment decisions.
When does NetApp pay dividends 2024?
NetApp pays dividends on a quarterly basis. 2024 dividend payments are in 2024-10-23. However, please note that the exact timing and amount can vary, and companies may also decide to change their dividend policy based on their financial health and other considerations.
Will NetApp increase its dividend in 2024?
Decisions regarding NetApp dividend increases are typically made by a company's board of directors based on various factors, including financial performance, cash flow, investment needs, and market conditions. For an up-to-date NetApp dividend overview you can look into the above table of dividend history.
How NetApp dividend works?
The NetApp dividend works by distributing a portion of the company's profits to its shareholders on a per-share basis. Here's a general overview of how NetApp's dividend process works:
1. Determination of Dividend: NetApp's board of directors reviews the company's financial performance, cash flow, future investment needs, and other relevant factors to determine the amount and timing of dividend payments.
2. Dividend Declaration: Once the board approves a dividend, NetApp publicly announces the dividend amount, currency, and the ex-dividend date. The ex-dividend date is the date on or after which the buyer of the stock will not be eligible to receive the upcoming dividend payment.
3. Record Date: The record date is the date on which the company checks its records to identify shareholders who are eligible to receive the dividend. Only shareholders on record as of this date will receive the dividend.
4. Payment Date: On the designated payment date, NetApp distributes the dividend to eligible shareholders. The dividend is usually paid in the form of cash directly into the shareholder's brokerage account or through other designated payment methods.
5. Tax Implications: Dividends received from NetApp are generally taxable as income. Shareholders may need to report dividend income on their tax returns and pay applicable taxes according to their jurisdiction's tax regulations.
1. Determination of Dividend: NetApp's board of directors reviews the company's financial performance, cash flow, future investment needs, and other relevant factors to determine the amount and timing of dividend payments.
2. Dividend Declaration: Once the board approves a dividend, NetApp publicly announces the dividend amount, currency, and the ex-dividend date. The ex-dividend date is the date on or after which the buyer of the stock will not be eligible to receive the upcoming dividend payment.
3. Record Date: The record date is the date on which the company checks its records to identify shareholders who are eligible to receive the dividend. Only shareholders on record as of this date will receive the dividend.
4. Payment Date: On the designated payment date, NetApp distributes the dividend to eligible shareholders. The dividend is usually paid in the form of cash directly into the shareholder's brokerage account or through other designated payment methods.
5. Tax Implications: Dividends received from NetApp are generally taxable as income. Shareholders may need to report dividend income on their tax returns and pay applicable taxes according to their jurisdiction's tax regulations.
How are NetApp dividends paid?
NetApp dividends are typically paid in cash directly to eligible shareholders. The payment process involves the following steps:
1. Record Date: NetApp sets a record date, which is the date on which the company checks its records to determine the eligible shareholders. Only those who are shareholders on record as of this date will receive the dividend.
2. Payment Date: On the designated payment date, NetApp distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: NetApp declares the currency in which the dividend will be paid. Depending on the shareholder's location and the currency election made by the shareholder, the dividend will be converted to the appropriate currency during the payment process.
1. Record Date: NetApp sets a record date, which is the date on which the company checks its records to determine the eligible shareholders. Only those who are shareholders on record as of this date will receive the dividend.
2. Payment Date: On the designated payment date, NetApp distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: NetApp declares the currency in which the dividend will be paid. Depending on the shareholder's location and the currency election made by the shareholder, the dividend will be converted to the appropriate currency during the payment process.
How many times does NetApp pay dividends?
NetApp typically pays dividends on a quarterly basis. The specific payment dates can vary each year and are usually announced when the company releases its financial results for each quarter.
What months does NetApp pay dividends?
The general pattern is that NetApp pays dividends around January, April, July, and October. However, the exact payment dates can vary each year and are typically announced when the company releases its financial results for each quarter.
Is NetApp dividend safe?
The safety of NetApp's dividend is subject to various factors and cannot be determined with certainty. It is influenced by the company's financial performance, cash flow, and the overall economic and industry conditions.
To assess the safety of NetApp's dividend, it is crucial to analyze the company's financial health, debt levels, cash flow generation, and ability to sustain dividend payments over the long term. Additionally, monitoring the company's future earnings, cash flow projections, and management's commitment to dividend policies can provide valuable insights.
It is recommended to review NetApp's financial reports, official announcements, and consult with financial advisors or experts who have access to the most current and comprehensive information about the company's financial situation.
To assess the safety of NetApp's dividend, it is crucial to analyze the company's financial health, debt levels, cash flow generation, and ability to sustain dividend payments over the long term. Additionally, monitoring the company's future earnings, cash flow projections, and management's commitment to dividend policies can provide valuable insights.
It is recommended to review NetApp's financial reports, official announcements, and consult with financial advisors or experts who have access to the most current and comprehensive information about the company's financial situation.