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NetApp 5-Year Dividend Growth Rate

: 27.00% (As of Oct. 2021)
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NetApp's Dividends per Share for the three months ended in Oct. 2021 was $0.50.

During the past 12 months, NetApp's average Dividends Per Share Growth Rate was 2.10% per year. During the past 3 years, the average Dividends Per Share Growth Rate was 33.90% per year. During the past 5 years, the average Dividends Per Share Growth Rate was 27.00% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the average dividends per share growth rate.

During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of NetApp was 36.20% per year. The lowest was 6.60% per year. And the median was 30.50% per year.

NetApp's Dividend Payout Ratio for the three months ended in Oct. 2021 was 0.51. As of today, NetApp's Dividend Yield % is 2.28%.

For more information regarding to dividend, please check our Dividend Page.


Competitive Comparison

For the Computer Hardware subindustry, NetApp's 5-Year Dividend Growth Rate, along with its competitors' market caps and 5-Year Dividend Growth Rate 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 5-Year Dividend Growth Rate Distribution

For the Hardware industry and Technology sector, NetApp's 5-Year Dividend Growth Rate distribution charts can be found below:

* The bar in red indicates where NetApp's 5-Year Dividend Growth Rate falls into.



NetApp 5-Year Dividend Growth Rate Calculation

This is the average annual rate that a company has been raising its dividends. The growth rate is calculated with least square regression.

Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the average dividends per share growth rate.


NetApp  (NAS:NTAP) 5-Year Dividend Growth Rate Explanation

1. Dividend Payout Ratio measures the percentage of the company's earnings paid out as dividends.

NetApp's Dividend Payout Ratio for the quarter that ended in Oct. 2021 is calculated as

Dividend Payout Ratio=Dividends per Share (Q: Oct. 2021 )/ EPS without NRI (Q: Oct. 2021 )
=0.5/ 0.98
=0.51

During the past 13 years, the highest Dividend Payout Ratio of NetApp was 1.91. The lowest was 0.33. And the median was 0.49.

2. Dividend Yield % measures how much a company pays out in dividends each year relative to its share price.

NetApp Recent Full-Year Dividend History

Amount Ex-date Record Date Pay Date Type Frequency Forex Rate
USD 0.5002022-01-062022-01-072022-01-26Cash DividendquarterlyUSD:USD 1.000000
USD 0.5002021-10-072021-10-082021-10-27Cash DividendquarterlyUSD:USD 1.000000
USD 0.5002021-07-082021-07-092021-07-28Cash DividendquarterlyUSD:USD 1.000000
USD 0.4802021-04-082021-04-092021-04-28Cash DividendquarterlyUSD:USD 1.000000

* GuruFocus converts dividend currency to local traded share price currency in order to calculate dividend yield. Please refer to the last column "Forex Rate" in the above table.

NetApp's Dividend Yield (%) for Today is calculated as

Dividend Yield %=Most Recent Full Year Dividend/Current Share Price
=1.98/86.52
=2.29 %

Current Share Price is $86.52.
NetApp's Dividends per Share for the trailing twelve months (TTM) ended in Today is $1.98.

During the past 13 years, the highest Dividend Yield of NetApp was 5.14%. The lowest was 0.34%. And the median was 2.08%.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


NetApp 5-Year Dividend Growth Rate Related Terms

Thank you for viewing the detailed overview of NetApp's 5-Year Dividend Growth Rate provided by GuruFocus.com. Please click on the following links to see related term pages.


NetApp Business Description

NetApp logo
Industry
Technology » Hardware NAICS : 334112 SIC : 3572
Traded in Other Exchanges
Address
1395 Crossman Avenue, Sunnyvale, CA, USA, 94089
NetApp is a leading provider of enterprise data management and storage solutions. The company's three operating business units are products, software maintenance, and hardware maintenance. NetApp transitioned from a data center storage firm to a company with software data management solutions for multicloud environments. The California-headquartered company sells globally and has approximately 10,000 employees.
Executives
Allen Scott R. officer: SVP, Chief Accounting Officer 11690 N.W. 105TH STREET MIAMI FL 33178
Anderson Brad officer: EVP, SSSBU and CIBU ONE DELL WAY ROUND ROCK TX 78682
Hill Kathryn director 7 WORLD TRADE CENTER 250 GREENWICH STREET NEW YORK NY 10007
Ahuja Deepak director C/O TESLA MOTORS, INC. 3500 DEER CREEK ROAD PALO ALTO CA 94304
Schenkel Scott F. director C/O EBAY INC. 2025 HAMILTON AVE. SAN JOSE CA 95125
Kerr Deborah director 901 MARQUETTE AVENUE SUITE 3200 MINNEAPOLIS MN 55402
Nevens Thomas Michael director C/O BORLAND SOFTWARE CORPORATION 20450 STEVENS CREEK BLVD, SUITE 800 CUPERTINO CA 95014
Shaheen George T director PUBLIC "-//W3C//DTD HTML 4.0 Transitional//EN"> Ownership Information: SHAHEEN GEORGE T a.header:link {color: #3b4fae; font-weight: bold; text-decoration: underline;} a.header:visited {color: #3b4fae; font-weight: bold; text-decoration: underline;} a.header:hover {color: #191970;}
Held Gerald director PUBLIC "-//W3C//DTD HTML 4.0 Transitional//EN"> Ownership Information: HELD GERALD a.header:link {color: #3b4fae; font-weight: bold; text-decoration: underline;} a.header:visited {color: #3b4fae; font-weight: bold; text-decoration: underline;} a.header:hover {color: #191970;}
Cernuda Cesar officer: President 1395 CROSSMAN AVENUE SUNNYVALE CA 94089
Berry Michael J officer: EVP Finance & Operations, CFO C/O INFORMATICA CORPORATION 2100 SEAPORT BOULEVARD REDWOOD CITY CA 94063
Fawcett Matthew K officer: SVP, GC & Secretary 495 EAST JAVA DRIVE SUNNYVALE CA 94089
Kurian George director, officer: CEO C/O NETAPP 495 E. JAVA DRIVE SUNNYVALE CA 94089
Pasek Ronald J officer: EVP Finance & Operations, CFO 101 INNOVATION DRIVE SAN JOSE CA 95134
Richard Henri P officer: EVP, Go To Market FREESCALE SEMICONDUCTOR, INC. 2680 ZANKER RD, SUITE 200 SAN JOSE CA 95134

NetApp Headlines

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