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Data last updated: Jul 13, 2026
Snapshot (as of Jul 13, 2026): NetApp, Inc. (NTAP) pays a $2.08 annual dividend ($0.52 quarterly), yielding 1.27% at $163.93/share. Next ex-dividend date 2026-07-10. 11+ consecutive years of dividend growth. Source: Yahoo Finance, aggregated by MerryDiv.
Dividend Yield: 1.27%
Annual Dividend: $2.08 per share
Payout Ratio: 32.4%
Ex-Dividend Date: 2026-07-10
Dividend Frequency: quarterly
Sector: Technology
Years of Dividend History: 14
NetApp, Inc. pays a dividend backed by a business built around cloud data management, serving industries from financial services to life sciences through products like NetApp ONTAP and Cloud Volumes ONTAP. The current NetApp, Inc. dividend yield stands at 1.35%, with a trailing annual rate of $2.08 per share paid quarterly. The next ex-dividend date is July 10, 2026, with the last dividend amount at $0.52 per quarter. NTAP stock carries a beta of 1.451, making it a better fit for growth-and-income investors comfortable with above-average price volatility in exchange for a dividend that has grown at double-digit rates.
NetApp, Inc. pays out 32.4% 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 NTAP's broad portfolio of recurring data management software and cloud services, including NetApp Cloud Backup and NetApp Cloud Insights, supports ongoing demand across its customer base. The primary risk to NetApp, Inc. dividend safety is the stock's beta of 1.451: earnings in the technology sector can swing sharply, and a meaningful earnings decline would test even a conservative payout ratio.
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 (2026 is a partial year and excluded from the growth calculation, per NetApp, Inc. dividend 2026 data available so far). The largest single-year increase in the window was 53.8% in 2018, while more recent years have seen much smaller steps, with 2024 delivering a roughly 2% increase from $2.00 to $2.04.
| 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 compounds meaningfully over time rather than a high current payout. The yield is low (below 2%), sitting at 1.35% today, just above the 5-year average of 1.31%, so income-focused investors seeking immediate cash flow will find it modest. What NetApp, Inc. offers instead is an 11-year streak of consecutive increases and an 11.5% annual growth rate over the past decade, driven by a business with broad exposure to cloud infrastructure and data management. The trade-off is clear: investors accept a low starting yield and a beta above 1.4 in exchange for a dividend that has more than tripled since 2014.
| Payment Date | Amount per Share |
|---|---|
| 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 |
| 2024-04-04 | $0.5000 |
| Year | Total Dividends |
|---|---|
| 2026 | $1.5600 |
| 2025 | $2.0800 |
| 2024 | $2.0400 |
| 2023 | $2.0000 |
| 2022 | $2.0000 |
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