NetApp Dividend yield




   USD/share 
 Price  72.67
 Dividend  1.92
 Earnings  3.89
 Cash-flow  4.78
 Book value  1.09
 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 paid a total dividend of 424 million USD last year, for a market value of 16,060 millions (Market Cap 16,034 millions). Dividend per share of NetApp is 1.92 USD, and his stock market price 72.67 USD.

According to the chart below, where dividend yield is displayed, NetApp has a dividend yield of 2.64%, which is higher than the amount offered by both the market average and companies from USA. It is also bigger than average of Technology industry. This high dividend yield might be a sign to worry about the future of the company so deeper analysis is needed.

In addition, you should compare NetApp dividend yield with other Technology Hardware and Equip. companies or firms from USA.

Dividend yield of NetApp

NetApp Dividend Payout

About the ability of NetApp to maintain his current dividend of USD 1.92 per share, an amount that accounts for 2.64%, we should study its payout ratio both on earnings and on cash-flows (see chart below). NetApp payout on ernings is currently 49.36%, which is higher than the market average, and companies of Technology industry, which are 38.16% and 34.90% respectively. Both figures show that NetApp can have problems to keep with his present dividend yield.

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 4.78 per share, which is higher than the dividend per share paid by the company of USD 1.92, 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

Year Yield  USD  Paypout  Shares* 
Present2.64%1.9249.36%221
20202.90%1.9249.61%221
20193.08%1.9237.65%239
20182.68%1.6042.33%262
20171.45%0.8038.83%271
20162.08%0.7671.70%278
20152.35%0.7234.45%300

*In millions

NetApp Stock performance

Finally, last moth NetApp showed a return of 16.10% compared to a worldwide 4.25% average, and a 3.79% of Technology firms. Over the last year, the company obtained a 74.30% versus a worldwide performance of a 53.42%. More detailed information can be seen in the following graph for USA and Technology Hardware and Equip. firms.

NetApp stock and market return