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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.

NetApp, Inc. logo
NetApp

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

Historical Dividend Yield

Dividend Growth

CAGR (per year)1Y: 1.96%5Y: 1.61%10Y: 11.67%→ Stable

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.

YearPrevious DPSNew DPSChange
2026$2.0800
2025$2.0400$2.0800+2.0%
2024$2.0000$2.0400+2.0%
2023$2.0000$2.00000.0%
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 yearPeriod endedReportedDividends PaidYoYYoY 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.

CompanyDividends PaidSector
TSMC (TSM)$471.61BTechnology
Microsoft (MSFT)$24.08BTechnology
Apple (AAPL)$15.42BTechnology
Broadcom (AVGO)$11.14BTechnology
ASML (ASML)$2.45BTechnology
NVIDIA (NVDA)$974.00MTechnology
Micron Technology (MU)$522.00MTechnology
AMD (AMD)$0Technology

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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