NetApp (LTS:0K6F) Dividend Payout Ratio : 0.32 (As of Jan. 2024)

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What is NetApp Dividend Payout Ratio?

NetApp's dividend payout ratio for the months ended in Jan. 2024 was 0.32.

The historical rank and industry rank for NetApp's Dividend Payout Ratio or its related term are showing as below:

During the past 13 years, the highest Dividend Payout Ratio of NetApp was 1.91. The lowest was 0.29. And the median was 0.44.

LTS:0K6F's Dividend Payout Ratio is not ranked ^*
in the Hardware industry.
Industry Median: 0.45
* Ranked among companies with meaningful Dividend Payout Ratio only.

As of today (2024-04-25), the Dividend Yield % of NetApp is 0.00%.

During the past 13 years, the highest Trailing Annual Dividend Yield of NetApp was 5.08%. The lowest was 0.00%. And the median was 2.20%.

NetApp's Dividends per Share for the months ended in Jan. 2024 was $0.50.

During the past 3 years, the average Dividends Per Share Growth Rate was 1.40% per year. During the past 5 years, the average Dividends Per Share Growth Rate was 16.20% per year.

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 1.40% per year. And the median was 8.20% per year.

The growth rate is calculated with least square regression.

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

NetApp Dividend Payout Ratio Historical Data

The historical data trend for NetApp's Dividend Payout Ratio can be seen below:

* 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.

* Premium members only.

NetApp Dividend Payout Ratio Chart

NetApp Annual Data

Trend

Apr14

Apr15

Apr16

Apr17

Apr18

Apr19

Apr20

Apr21

Apr22

Apr23

Dividend Payout Ratio

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0.50

0.47

0.32

NetApp Quarterly Data
	Apr19	Jul19	Oct19	Jan20	Apr20	Jul20	Oct20	Jan21	Apr21	Jul21	Oct21	Jan22	Apr22	Jul22	Oct22	Jan23	Apr23	Jul23	Oct23	Jan24
Dividend Payout Ratio	Get a 7-Day Free Trial															0.80	0.33	0.44	0.32	0.32

Competitive Comparison of NetApp's Dividend Payout Ratio

For the Computer Hardware subindustry, NetApp's Dividend Payout Ratio, along with its competitors' market caps and Dividend Payout Ratio 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 Dividend Payout Ratio Distribution in the Hardware Industry

For the Hardware industry and Technology sector, NetApp's Dividend Payout Ratio distribution charts can be found below:

* The bar in red indicates where NetApp's Dividend Payout Ratio falls into.

NetApp Dividend Payout Ratio Calculation

Dividend payout ratio measures the percentage of the company's earnings paid out as dividends.

NetApp's Dividend Payout Ratio for the fiscal year that ended in Apr. 2023 is calculated as

Dividend Payout Ratio	=	Dividends per Share (A: Apr. 2023 )	/	EPS without NRI (A: Apr. 2023 )
	=	2	/	6.296
	=	0.32

NetApp's Dividend Payout Ratio for the quarter that ended in Jan. 2024 is calculated as

Dividend Payout Ratio	=	Dividends per Share (Q: Jan. 2024 )	/	EPS without NRI (Q: Jan. 2024 )
	=	0.5	/	1.542
	=	0.32

NetApp (LTS:0K6F) Dividend Payout Ratio Explanation

In dividends investing, Payout Ratio and Dividend Growth Rate are the two most important variables for consideration. A lower payout ratio may indicate that the company has more room to increase its dividends.

NetApp Dividend Payout Ratio Related Terms

Thank you for viewing the detailed overview of NetApp's Dividend Payout Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.

NetApp (LTS:0K6F) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » NetApp Inc (LTS:0K6F) » Definitions » Dividend Payout Ratio

Comparable Companies

Traded in Other Exchanges

NTAP:USA NTA:Germany

Address

3060 Olsen Drive, San Jose, CA, USA, 95128

Website

https://www.netapp.com

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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