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Data last updated: Oct 12, 2026
Snapshot (as of Oct 12, 2026): NetApp, Inc. (NTAP) pays a $2.08 annual dividend ($0.52 quarterly), yielding 0.88% at $237.15/share. Next ex-dividend date 2026-10-09. 11+ consecutive years of dividend growth. Source: Yahoo Finance, aggregated by MerryDiv.
Dividend Yield: 0.88%
Annual Dividend: $2.08 per share
Payout Ratio: 29.3%
Ex-Dividend Date: 2026-10-09
Dividend Frequency: quarterly
Sector: Technology
Years of Dividend History: 14
NetApp, Inc. dividend income comes from a technology company that helps businesses manage data across on-premises infrastructure, private cloud, and public cloud platforms, with products like NetApp ONTAP, Cloud Volumes ONTAP, and Amazon FSx for NetApp ONTAP at the center of its offering. NTAP currently yields 1.09%, with a trailing annual dividend rate of $2.08 per share paid quarterly. The next ex-dividend date is October 9, 2026. With a beta of 1.432, NTAP carries above-average price volatility, making it a better fit for growth-and-income investors focused on dividend expansion than for those seeking a steady, low-risk income stream.
NetApp, Inc. pays out 29.0% of earnings as dividends, a payout ratio classified as conservative (below 40%). That low payout leaves substantial room to sustain and grow the dividend even if earnings face pressure, and the company's expanding cloud services portfolio, spanning hybrid cloud and public cloud segments, points to ongoing demand for its data management software and infrastructure. NetApp, Inc. dividend safety faces its most credible test from the stock's beta of 1.432: earnings in the technology sector can swing sharply, and a meaningful drop in revenue from cloud or hybrid cloud customers would reduce the earnings base that currently makes the payout look comfortable.
NetApp, Inc. dividend history shows a CAGR of 11.5% per year from 2014 to 2025. The per-share dividend grew from $0.63 in 2014 to $2.08 in 2025 (with 2026 data still partial as of the current year). The largest annual increase in the window was 53.8% in 2018, while more recent years have seen much smaller step-ups, with the 2024-to-2025 increase amounting to roughly 2% — growth is slow at the current pace, and that limits upside for investors counting on rapid income compounding going forward.
| Period | CAGR | From | To |
|---|---|---|---|
| 3-Year | +1.3% | $2.00 (2022) | $2.08 (2025) |
| 5-Year | +1.6% | $1.92 (2020) | $2.08 (2025) |
| 10-Year | +11.7% | $0.69 (2015) | $2.08 (2025) |
NTAP stock fits growth-and-income investors who want a dividend that has expanded meaningfully over time and are willing to accept a low current yield in exchange for that history of increases. The yield of 1.09% is classified as low (below 2%), and it sits only slightly above the 5-year average of 1.05%, so there is no meaningful yield discount on offer today. Eleven consecutive years of dividend increases and an 11.5% CAGR over the full history window are the real draw here, not the income level itself. The trade-off is straightforward: investors get a well-covered, growing dividend from a cloud and data management business, but the current income is modest and recent annual increases have slowed to the low single digits.
| Payment Date | Amount per Share |
|---|---|
| 2026-10-09 | $0.5200 |
| 2026-07-10 | $0.5200 |
| 2026-04-02 | $0.5200 |
| 2026-01-02 | $0.5200 |
| 2025-10-03 | $0.5200 |
| 2025-07-03 | $0.5200 |
| 2025-04-04 | $0.5200 |
| 2025-01-03 | $0.5200 |
| 2024-10-04 | $0.5200 |
| 2024-07-05 | $0.5200 |
| Year | Total Dividends |
|---|---|
| 2026 | $2.0800 |
| 2025 | $2.0800 |
| 2024 | $2.0400 |
| 2023 | $2.0000 |
| 2022 | $2.0000 |
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