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NetApp (BSP:N1TA34) 5-Year Yield-on-Cost % : 2.90 (As of May. 16, 2024)


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What is NetApp 5-Year Yield-on-Cost %?

NetApp's yield on cost for the quarter that ended in Jan. 2024 was 2.90.


The historical rank and industry rank for NetApp's 5-Year Yield-on-Cost % or its related term are showing as below:

BSP:N1TA34' s 5-Year Yield-on-Cost % Range Over the Past 10 Years
Min: 0.72   Med: 4.64   Max: 10.76
Current: 2.9


During the past 13 years, NetApp's highest Yield on Cost was 10.76. The lowest was 0.72. And the median was 4.64.


BSP:N1TA34's 5-Year Yield-on-Cost % is ranked better than
60.66% of 1360 companies
in the Hardware industry
Industry Median: 2.715 vs BSP:N1TA34: 2.90

Competitive Comparison of NetApp's 5-Year Yield-on-Cost %

For the Computer Hardware subindustry, NetApp's 5-Year Yield-on-Cost %, along with its competitors' market caps and 5-Year Yield-on-Cost % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


NetApp's 5-Year Yield-on-Cost % Distribution in the Hardware Industry

For the Hardware industry and Technology sector, NetApp's 5-Year Yield-on-Cost % distribution charts can be found below:

* The bar in red indicates where NetApp's 5-Year Yield-on-Cost % falls into.



NetApp 5-Year Yield-on-Cost % Calculation

Dividend Yield % and dividend growth of a stock is an important factor for income investors. But if company A raises its dividend constantly faster than company B, company A's future dividend yield might be much higher than Company B's even if their yields are the same now and their stock prices do not change.

Yield on Cost assumes that you buy and the stock today, and hold it for 5 years. If the company raises it dividends at the same rate as it did over the past 5 years, the dividends investors receive annually in 5 years relative to the stock price today.

Therefore, Yield-on-Cost of NetApp is calculated as

Yield-on-Cost=Dividend Yield %*(1+Dividend Growth Rate)^5

NetApp  (BSP:N1TA34) 5-Year Yield-on-Cost % Explanation

Of course the risk here is that the company may not raise its dividends as it did before. The key is to select the companies that can consistently raise its dividends. Usually companies with long history of raising dividends tend to do so.


NetApp 5-Year Yield-on-Cost % Related Terms

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NetApp (BSP:N1TA34) Business Description

Industry
Traded in Other Exchanges
Address
3060 Olsen Drive, San Jose, CA, USA, 95128
NetApp Inc is a leading provider of enterprise data management and storage solutions. The company's segments include Hybrid Cloud and Public Cloud. It generates maximum revenue from the Hybrid Cloud segment. The Hybrid Cloud segment offers a portfolio of storage management and infrastructure solutions that help customers recast their traditional data centers with the power of cloud. This portfolio is designed to operate with public clouds to unlock the potential of hybrid, multi-cloud operations. Hybrid Cloud is composed of software, hardware, and related support, as well as professional and other services.

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