NetApp Dividend yield

 Price  76.70
 Dividend  2.00
 Earnings  6.29
 Cash-flow  5.18
 Book value  5.40
 Equity  0.00

NetApp is part of Technology Hardware and Equip. business, which is part of Technology industry. NetApp is a company from USA, and his stocks are publicly traded.

NetApp stock dividend

NetApp paid a total dividend of 428 million USD last year, for a market value of 16,414 millions (Market Cap 16,370 millions). NetApp dividend per share is 2.00 USD, and his stock market price 76.70 USD.

According to the chart below, where dividend yield is displayed, NetApp has a dividend yield of 2.61%, which is lower than the amount offered by the market average , but bigger than Technology industry. Dividend yields are similar among companies from the same industry, so it is a positive sign for the company.

In addition, you should compare NetApp stocks dividend with other Technology Hardware and Equip. companies or other of the highest USA dividend stocks list.

Dividend yield of NetApp

NetApp Dividend Payout

About the ability of NetApp to maintain his current dividend of USD 2.00 per share, an amount that accounts for 2.61%, we should study its payout ratio both on earnings and on cash-flows (see chart below). NetApp payout on ernings is currently 31.80%, which is lower than the market average and companies of Technology industry, which are 39.34% and 35.32% respectively. Both figures lead us to believe that there is confidence that NetAppcan maintain his current dividend.

The payout on earnings should be complemented with the payout on cash flow since it is this last amount the one which can be distributed to shareholders. Cash flow per share of NetApp is USD 5.18 per share, which is higher than the dividend per share paid by the company of USD 2.00, so the company generates enough cash to maintain his dividend in the future.

The following figure shows payout ratios over earnings and cashflow of NetApp, compared againt world market average, USA companies, Technology industry and Technology Hardware and Equip. sector companies.

NetApp payout

NetApp Dividend History

Below you will find a table with the historical evolution of NetApp's dividend stock, both in percentage and in USD, its Payout on Earnings and the number of shares (in case there is an split, number shares altered the dividend per share).

Year Yield  USD  Paypout  Shares* 

*In millions

Then you can see the evolution of NetApp dividend stock, and compare it with the average of USA stocks and that of the Technology Hardware and Equip. stocks.

NetApp stock dividend history

NetApp Stock performance

Finally, last moth NetApp showed a return of -1.70% compared to a worldwide -2.49% average, and a -1.32% of Technology firms. Over the last year, the company obtained a 6.30% versus a worldwide performance of a 8.71%. More detailed information can be seen in the following graph for USA and Technology Hardware and Equip. firms.

NetApp stock and market return