NetApp, Inc.
S&P 500NTAP/Technology · Software - Infrastructure/NASDAQ
Dividend Yield
1.31%
$2.08 · Annual Dividend
Dividend Safety Rating
NTAP's dividend appears very safe. Strengths include a 32.8% earnings payout ratio & 22.1% fcf payout ratio. Areas of concern: 202.3 debt-to-equity & 1.6% 5-year dividend cagr.
Based on 15 of 15 metrics
Strengths
- Earnings Payout Ratio: 32.8%Low earnings payout ratio leaves room to grow the dividend.
- FCF Payout Ratio: 22.1%Free cash flow comfortably covers the dividend.
- CFO Payout Ratio: 25.7%Operating cash flow strongly supports the payout.
Risks
- Debt-to-Equity: 202.3Debt-to-equity is elevated for the sector.
- 5-Year Dividend CAGR: 1.6%Dividend growth has been weak or negative.
Payout & Coverage
Very SafeBalance Sheet
CautionProfitability
Very SafeDividend Track Record
SafeAbout NetApp, Inc.
NetApp, Inc. provides software, systems, and services for managing and sharing data across on-premises environments, private clouds, and public clouds worldwide. It operates through two primary segments: Hybrid Cloud, which delivers unified data storage solutions including hardware like All-Flash FAS systems, Fabric Attached Storage, and StorageGRID for object storage, powered by the flagship ONTAP operating system with features for ransomware protection, data transport, and efficiency; and Public Cloud, offering as-a-service products such as Azure NetApp Files, Amazon FSx for NetApp ONTAP, and Google Cloud NetApp Volumes, alongside CloudOps tools like Cloud Insights for monitoring and Spot by NetApp for cost optimization. The company recently launched an enterprise-grade AI data platform featuring exabyte-scale AFX systems and an AI Data Engine developed with NVIDIA to enhance storage, observability, resilience, and intelligence for AI workloads. NetApp generates revenue via hardware sales, software licenses, subscriptions, and professional services, serving sectors like healthcare, financial services, and enterprises through direct sales and a partner ecosystem of resellers and cloud providers. Founded in 1992 and headquartered in San Jose, California, NetApp plays a key role in modernizing data infrastructure across hybrid and multi-cloud environments.
Dividend Overview
Dividend Yield
1.31%
Annual Dividend
$2.08
Frequency
Quarterly
Payout Ratio
32.76%
FCF Payout Ratio
22.10%
52-Week Range
$93.69 - $192.83
Dividend History (2016–2025)
NTAP annual dividend per share and yield history
Earnings & Profitability
NTAP earnings per share and net profit margin
Key Dates
Next Ex-Dividend Date
July 10, 2026
Next Payment Date
July 29, 2026
Dividend Growth
3-Year Dividend CAGR
1.32%
5-Year Dividend CAGR
1.61%
10-Year Dividend CAGR
11.67%
3-Year Total Growth
4.00%
5-Year Total Growth
8.33%
10-Year Total Growth
201.45%
Income Calculator
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Frequently Asked Questions
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This page is not investment advice. The content is for informational purposes only and should not be construed as a recommendation to buy, sell, or hold any security. Always do your own research and consult a qualified financial advisor before making investment decisions.
Financial data, including dividend history, earnings, balance sheet metrics, and the Dividend Safety Rating, is provided for informational purposes only. Data may be delayed or differ from official filings. Past performance does not guarantee future results. Always verify with official sources before making investment decisions.
Market data provided by Twelve Data.