NetApp (NTAP) Dividend History & Yield
NetApp (NTAP) has increased its dividend for 3 consecutive years and currently yields 1.75%. The most recent dividend was $0.5200/share on Apr 22, 2026, paid Quarterly.

NTAP
Current Yield
1.75%
TTM Dividend/Share
$2.08
Payment Frequency
Quarterly
Payout Ratio
34.8%
Consecutive Growth Years
3
Div Growth (1Y CAGR)
1.96%
Div Growth (5Y CAGR)
1.61%
Div Growth (10Y CAGR)
11.67%
Dividend health
Chowder score
3.4%
FCF payout ratio
6.5%
Net debt / EBITDA
0.6x
Interest coverage
14.58x
ROIC (TTM)
32.7%
Dividend Safety Score
7 out of 8 checks passed
Payout ratio below 75%
Payout ratio is 34.8%, well below the 75% threshold.
Free cash flow covers dividend
FCF/share ($6.56) covers dividend/share ($2.08).
No dividend cuts in 10+ years
No dividend cuts in the last 10 years.
Positive earnings growth trend
Earnings per share have grown over the past 5 years.
10+ years of consecutive growth
Only 3 consecutive year(s) of dividend growth.
FCF payout ratio below 70%
FCF payout ratio is 6.5%, below the 70% threshold.
Net Debt/EBITDA below 3x
Net Debt/EBITDA is 0.6x.
Dividend growth ≤ earnings growth (5Y)
Dividend growth (1.6%) ≤ EPS growth (14.9%) — sustainable.
Per-payment dividend history
Ex-date Apr 2, 2026
- Payment date
- Apr 22, 2026
- Dividend
- $0.5200
- Adj. dividend
- $0.5200
Ex-date Jan 2, 2026
- Payment date
- Jan 21, 2026
- Dividend
- $0.5200
- Adj. dividend
- $0.5200
Ex-date Oct 3, 2025
- Payment date
- Oct 22, 2025
- Dividend
- $0.5200
- Adj. dividend
- $0.5200
Ex-date Jul 3, 2025
- Payment date
- Jul 23, 2025
- Dividend
- $0.5200
- Adj. dividend
- $0.5200
Ex-date Apr 4, 2025
- Payment date
- Apr 23, 2025
- Dividend
- $0.5200
- Adj. dividend
- $0.5200
Ex-date Jan 3, 2025
- Payment date
- Jan 22, 2025
- Dividend
- $0.5200
- Adj. dividend
- $0.5200
Ex-date Oct 4, 2024
- Payment date
- Oct 23, 2024
- Dividend
- $0.5200
- Adj. dividend
- $0.5200
Ex-date Jul 5, 2024
- Payment date
- Jul 24, 2024
- Dividend
- $0.5200
- Adj. dividend
- $0.5200
Ex-date Apr 4, 2024
- Payment date
- Apr 24, 2024
- Dividend
- $0.5000
- Adj. dividend
- $0.5000
Ex-date Jan 4, 2024
- Payment date
- Jan 24, 2024
- Dividend
- $0.5000
- Adj. dividend
- $0.5000
Ex-date Oct 5, 2023
- Payment date
- Oct 25, 2023
- Dividend
- $0.5000
- Adj. dividend
- $0.5000
Ex-date Jul 6, 2023
- Payment date
- Jul 26, 2023
- Dividend
- $0.5000
- Adj. dividend
- $0.5000
| Ex-Date | Payment Date | Dividend | Adj. Dividend |
|---|---|---|---|
| Apr 2, 2026 | Apr 22, 2026 | $0.5200 | $0.5200 |
| Jan 2, 2026 | Jan 21, 2026 | $0.5200 | $0.5200 |
| Oct 3, 2025 | Oct 22, 2025 | $0.5200 | $0.5200 |
| Jul 3, 2025 | Jul 23, 2025 | $0.5200 | $0.5200 |
| Apr 4, 2025 | Apr 23, 2025 | $0.5200 | $0.5200 |
| Jan 3, 2025 | Jan 22, 2025 | $0.5200 | $0.5200 |
| Oct 4, 2024 | Oct 23, 2024 | $0.5200 | $0.5200 |
| Jul 5, 2024 | Jul 24, 2024 | $0.5200 | $0.5200 |
| Apr 4, 2024 | Apr 24, 2024 | $0.5000 | $0.5000 |
| Jan 4, 2024 | Jan 24, 2024 | $0.5000 | $0.5000 |
| Oct 5, 2023 | Oct 25, 2023 | $0.5000 | $0.5000 |
| Jul 6, 2023 | Jul 26, 2023 | $0.5000 | $0.5000 |
Historical Dividend Yield
Dividend Growth
Dividend Increase Track Record
NetApp has raised its total annual dividend (split-adjusted, by ex-dividend calendar year) versus the prior year for 3 consecutive years — the same figure as the "Consecutive Growth Years" card above.
| Year | Previous DPS | New DPS | Change |
|---|---|---|---|
| 2026 | $2.0800 | — | — |
| 2025 | $2.0400 | $2.0800 | +2.0% |
| 2024 | $2.0000 | $2.0400 | +2.0% |
| 2023 | $2.0000 | $2.0000 | 0.0% |
| 2022 | $1.9600 | $2.0000 | +2.0% |
| 2021 | $1.9200 | $1.9600 | +2.1% |
| 2020 | $1.7600 | $1.9200 | +9.1% |
| 2019 | $1.2000 | $1.7600 | +46.7% |
| 2018 | $0.7800 | $1.2000 | +53.8% |
| 2017 | $0.7400 | $0.7800 | +5.4% |
| 2016 | $0.6900 | $0.7400 | +7.2% |
| 2015 | $0.6300 | $0.6900 | +9.5% |
| 2014 | — | $0.6300 | — |
DPS sums split-adjusted amounts (adj. dividend) by ex-dividend calendar year—the same basis as the Adj. Dividend column in Dividend Payment History. The Dividend column can differ after stock splits. This table uses four decimals per annual total so the Change column matches the shown amounts; each payment row in Dividend Payment History also uses four.
Cash dividends paid (USD) — TTM and history
Trailing-twelve-month and annual common dividends paid for NetApp (NTAP) from the consolidated cash flow statement, in USD as filed.
Latest period
$415.00M
YoY change
+1.9%
5Y CAGR
-0.7%
Peak year (2022)
$446.00M
Latest annual
$424.00M
Cash dividends paid over time for NetApp (NTAP)
Per-period cash dividends paid
Cash dividends paid annual + quarterly history for NetApp (NTAP)
| Fiscal year | Period ended | Reported | Dividends Paid | YoY | YoY change |
|---|---|---|---|---|---|
| 2025 | $424.00M | +1.9% | +$8.00M | ||
| 2024 | $416.00M | -3.7% | -$16.00M | ||
| 2023 | $432.00M | -3.1% | -$14.00M | ||
| 2022 | $446.00M | +4.4% | +$19.00M | ||
| 2021 | $427.00M | -2.7% | -$12.00M | ||
| 2020 | $439.00M | +8.9% | +$36.00M | ||
| 2019 | $403.00M | +88.3% | +$189.00M | ||
| 2018 | $214.00M | +2.9% | +$6.00M | ||
| 2017 | $208.00M | -1.0% | -$2.00M | ||
| 2016 | $210.00M | +1.3% | +$2.60M | ||
| 2015 | $207.40M | +2.5% | +$5.10M | ||
| 2014 | $202.30M | — | +$202.30M | ||
| 2013 | $0 | — | $0 | ||
| 2012 | $0 | — | $0 | ||
| 2011 | $0 | — | $0 | ||
| 2010 | $0 | — | $0 | ||
| 2009 | $0 | — | $0 | ||
| 2008 | $0 | — | $0 | ||
| 2007 | $0 | — | $0 | ||
| 2006 | $0 | — | $0 | ||
| 2005 | $0 | — | $0 | ||
| 2004 | $0 | — | $0 | ||
| 2003 | $0 | — | $0 | ||
| 2002 | $0 | — | $0 | ||
| 2001 | $0 | — | $0 | ||
| 2000 | $0 | — | $0 | ||
| 1999 | $0 | — | $0 | ||
| 1998 | $0 | — | $0 | ||
| 1997 | $0 | — | $0 | ||
| 1996 | $0 | — | — |
The 2025 reading of NetApp (NTAP) dividends paid is $424.00M – edged up 1.9% year-over-year.
Through 2020–2025 (5 years), NetApp dividends paid delivered a -0.7% annualised rate; with a net decline across the window.
NetApp dividends paid peaked at $446.00M in 2022; the latest annual figure is $424.00M in 2025 (4.9% below peak).
$446.00M stands as the all-time-high annual dividends paid, posted in 2022, against a low of $0 during 1996.
Among 8 Technology peers, NetApp (NTAP) ranks 8th; the peer median for dividends paid is $6.80B.
NetApp Dividends Paid 2025: $424.00M
NetApp dividends paid in 2025 was $424.00M, edged up 1.9% from 2024.
NetApp Dividends Paid 2024: $416.00M
NetApp dividends paid in 2024 was $416.00M, edged down 3.7% below 2023.
NetApp Dividends Paid 2023: $432.00M
NetApp dividends paid in 2023 was $432.00M, edged down 3.1% below 2022.
NetApp Dividends Paid 2022: $446.00M
NetApp dividends paid in 2022 was $446.00M, edged up 4.4% from 2021. This figure represents the highest annual value in the available history.
NetApp Dividends Paid 2021: $427.00M
NetApp dividends paid in 2021 was $427.00M.
See more financial history for NetApp (NTAP).
Sector peers by dividends paid
Companies in the same sector as NetApp, ranked by their latest dividends paid.
| Company | Dividends Paid | Sector |
|---|---|---|
| TSMC (TSM) | $471.61B | Technology |
| Microsoft (MSFT) | $24.08B | Technology |
| Apple (AAPL) | $15.42B | Technology |
| Broadcom (AVGO) | $11.14B | Technology |
| ASML (ASML) | $2.45B | Technology |
| NVIDIA (NVDA) | $974.00M | Technology |
| Micron Technology (MU) | $522.00M | Technology |
| AMD (AMD) | $0 | Technology |
Frequently asked questions
Does NetApp pay dividends?
Yes, NetApp (NTAP) pays quarterly dividends of approximately $2.08 per share annually, yielding 1.75%.
What is NetApp's dividend yield?
NetApp (NTAP) has a current dividend yield of 1.75%.
Is NetApp's dividend safe?
NetApp (NTAP) passes 7 out of 8 dividend safety checks. See the detailed breakdown above for each criterion.
How many consecutive years has NetApp increased its dividend?
NetApp (NTAP) has 3 consecutive years of dividend increases.
What is NetApp's dividend payout ratio?
NetApp (NTAP) has a dividend payout ratio of 34.8%. Trailing twelve months (GAAP): adjusted dividends over roughly 12 months aligned with the latest reported quarter, divided by the sum of diluted EPS from the last four fiscal quarters (not NII or taxable income for BDCs/REITs).
What is NetApp's dividends paid?
Latest reported dividends paid for NetApp (NTAP) is $415.00M (period ending January 23, 2026).
How has NetApp dividends paid changed year-over-year?
NetApp (NTAP) dividends paid changed +1.9% year-over-year on the latest annual filing.
What is the long-term growth rate of NetApp dividends paid?
NetApp (NTAP) dividends paid compound annual growth rate is -0.7% over the most recent 5 years available.
When did NetApp dividends paid hit its highest annual value?
NetApp dividends paid reached its highest annual value of $446.00M in 2022.
What was NetApp dividends paid in 2024?
NetApp (NTAP) dividends paid in 2024 was $416.00M.
What was NetApp dividends paid in 2025?
NetApp (NTAP) dividends paid in 2025 was $424.00M.
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