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NTAP

NetApp, Inc.

S&P 500
NTAP|Technology|Software - Infrastructure|$104.31|P/E 16.6|MCap 20.2B|NASDAQ

Last update: Mar 25, 2026 at 04:53

About 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

2.03%

Annual Dividend

$2.08

Frequency

Quarterly

Payout Ratio

34.90%

FCF Payout Ratio

25.79%

Stock Price

$104.31

52-Week Range

$71.84 $126.66

Dividend Health Score

85/ 100Very Safe

NTAP's dividend appears very safe. Strengths include a 34.9% earnings payout ratio & 25.8% fcf payout ratio. Areas of concern: 236.1 debt-to-equity & 1.6% 5-year dividend cagr.

Based on 15 of 15 metrics

Payout & Coverage

Very Safe
Earnings Payout Ratio
34.9%Very Safe
FCF Payout Ratio
25.8%Very Safe
CFO Payout Ratio
25.7%Very Safe
Interest Coverage
22.6xVery Safe

Balance Sheet

Caution
Net Debt / Total Assets
6.9%Very Safe
Current Ratio
1.4xCaution
Debt-to-Equity
236.1Warning

Profitability

Very Safe
Return on Equity
112.6%Very Safe
Operating Margin
25.2%Very Safe
Gross Margin
70.6%Very Safe
Profit Margin Stability
StableSafe

Dividend Track Record

Safe
Dividend Streak
11+ yrsVery Safe
Dividend Cut
NoneVery Safe
5-Year Dividend CAGR
1.6%Warning
Earnings Stability
GrowingVery Safe

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

April 2, 2026

Next Payment Date

April 22, 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

NTAP Dividend Calculator

Total Investment

$10,431.00

Annual Income

$208.00

Quarterly Income

$52.00

Monthly Income

$17.33

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Frequently Asked Questions

What is NTAP's current dividend yield?
NetApp, Inc. (NTAP) currently has a dividend yield of 2.03%, based on a stock price of $104.31 and an annual dividend of $2.08.
When is NTAP's next dividend payment date?
NTAP's next ex-dividend date is 2026-04-02 and the next payment date is 2026-04-22. You must own the stock before the ex-dividend date to receive the upcoming payment.
How much does NTAP pay in dividends per year?
NetApp, Inc. paid $2.08 per share in annual dividends in 2025. The dividends are paid quarterly.
Has NTAP been increasing its dividend?
NetApp, Inc. has grown its dividend at a 5-year CAGR of 1.61% and a 10-year CAGR of 11.67%.
Is NTAP's dividend safe?
NetApp, Inc. has a payout ratio of 34.90%. Its free cash flow payout ratio is 25.79%. A payout ratio below 60% is generally considered sustainable.
How is NTAP's Dividend Health Score calculated?
The Dividend Health Score evaluates NetApp, Inc.'s dividend sustainability across four categories: Payout & Coverage (40%), Balance Sheet (20%), Profitability (20%), and Dividend Track Record (20%). Each metric is rated from "Very Safe" to "Danger" based on industry-standard thresholds, with sector-specific adjustments for technology companies. The overall score ranges from 0 to 100.

Want to understand how we rate dividend safety? Read our full methodology

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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 Health Score, 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.