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NetApp (NetApp) Dividend Payout Ratio

: 0.32 (As of Jan. 2024)
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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:

NTAP' s Dividend Payout Ratio Range Over the Past 10 Years
Min: 0.29   Med: 0.44   Max: 1.91
Current: 0.34


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.

NTAP's Dividend Payout Ratio is ranked better than
63.01% of 1184 companies
in the Hardware industry
Industry Median: 0.45 vs NTAP: 0.34

As of today (2024-04-16), the Dividend Yield % of NetApp is 1.94%.

During the past 13 years, the highest Trailing Annual Dividend Yield of NetApp was 5.08%. The lowest was 0.34%. 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 Annual Data
Trend Apr14 Apr15 Apr16 Apr17 Apr18 Apr19 Apr20 Apr21 Apr22 Apr23
Dividend Payout Ratio
Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.37 0.56 0.66 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.80 0.33 0.44 0.32 0.32

Competitive Comparison

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 Dividend Payout Ratio Distribution

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

* 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 (NAS:NTAP) 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 (NetApp) 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.
Executives
Michael J Berry officer: EVP Finance & Operations, CFO C/O INFORMATICA CORPORATION, 2100 SEAPORT BOULEVARD, REDWOOD CITY CA 94063
Elizabeth M O'callahan officer: EVP, GC and Secretary NETAPP, INC, 3060 OLSEN DRIVE, SAN JOSE CA 95128
Cesar Cernuda officer: President 1395 CROSSMAN AVENUE, SUNNYVALE CA 94089
George Kurian director, officer: Chief Executive Officer C/O NETAPP, 495 E. JAVA DRIVE, SUNNYVALE CA 94089
Thomas Michael Nevens director C/O BORLAND SOFTWARE CORPORATION, 20450 STEVENS CREEK BLVD, SUITE 800, CUPERTINO CA 95014
Gerald Held director
Robert Parks officer: Chief Accounting Officer C/O SYNEOS HEALTH, INC., 1030 SYNC STREET, MORRISVILLE NC 27560
Carrie Palin director 1801 CALIFORNIA STREET, SUITE 500, DENVER CO 80202
Deepak Ahuja director C/O TESLA MOTORS, INC., 3500 DEER CREEK ROAD, PALO ALTO CA 94304
Kathryn Hill director 7 WORLD TRADE CENTER, 250 GREENWICH STREET, NEW YORK NY 10007
Scott F. Schenkel director C/O EBAY INC., 2025 HAMILTON AVE., SAN JOSE CA 95125
George T Shaheen director
Deborah Kerr director 901 MARQUETTE AVENUE, SUITE 3200, MINNEAPOLIS MN 55402
Harvinder S Bhela officer: EVP, Chief Product Officer NETAPP, INC, 3060 OLSEN DRIVE, SAN JOSE CA 95128
Matthew K Fawcett officer: Senior VP, General Counsel 495 EAST JAVA DRIVE, SUNNYVALE CA 94089

NetApp (NetApp) Headlines

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