NetApp, Inc.
NTAPTechnology · Stock · quarterly payer
Forward Yield
1.27%
Annual Dividend
$2.08
Payout Ratio
33%
5-Yr Growth
1.6%
Ex-Date
Jul 10, 2026
Frequency
Quarterly
Summary
As of July 2026, NetApp, Inc. (NTAP) yields 1.27% ($2.08 per share annually), with a blended fair-value estimate of $153.31 — -6% downside, so it screens as fairly valued. Dividend safety grade: A (86/100). 2 years of dividend growth.
Is NTAP a good dividend stock?
YesNetApp, Inc. (NTAP) pays a quarterly dividend yielding 1.27% ($2.08/yr), with 2 years of growth and a dividend-safety grade of A. It scores well across payout coverage, growth history and safety — a dependable income holding.
Advantages
- Never cut its dividend on record
- Comfortable payout ratio (33%)
- 84% total price return over 5 years
- Top-tier dividend safety score
Risks
- Single-stock concentration risk — diversify
Key Data
- Dividend Yield
- 1.27%
- Payout Ratio
- 33%
- Annual Dividend
- $2.08
- 5-Yr Avg Growth
- 1.6%
- Ex-Dividend Date
- Jul 10, 2026
- Years of Growth
- 2
- Frequency
- quarterly
- Beta
- 1.45
- Market Cap
- $31.6B
- P/E Ratio
- 25.8
- 5-Yr Total Return
- 84%
- 52-Week Range
- $93.69 – $192.83
- Dividend Safety
- A · 86/100
- Ever Cut?
- No
Frequently Asked Questions
NTAP Price — Last 12 Months
Daily close
Price Return
1 Year
+45%
3 Years
+114%
5 Years
+84%
52-Week Range
$93.69 – $192.83
Price change over each period (excludes dividends). Past performance doesn't guarantee future results.
What is NTAP worth?
Fairly valuedmedium confidenceOur blended fair-value estimate for NetApp, Inc. is $153.31 per share, versus a market price of $163.88. That implies the stock is roughly fairly priced.
Fair Value
$153.31
Current Price
$163.88
Gap
-6%
Margin of Safety
-7%
How we get there
Discounted cash flow
Discounts projected free cash flow back to today.
Earnings multiple (Graham)
Graham's earnings-multiple formula, anchored to bond yields.
At today's price, the market is pricing in about 16.5% annual free-cash-flow growth. We model 11.6% — so the price already assumes faster growth than we think is likely.
Assumptions: 11.6% discount rate (CAPM), 11.6% stage-1 growth, 2.5% terminal growth, $6.34 EPS, $2.08 annual dividend. Updated weekly.
Fair-value estimates are model output for educational purposes only — not investment advice or a price target.
NTAP Dividend Safety Score
Very Safe
SmarterDividends' proprietary score, backtested against which dividends were actually cut over 15+ years (0.78 AUC). It blends a validated cut-risk model (growth streak, cut history) with current payout, cash-flow and debt. Higher is safer · not investment advice.
Dividend Growth
Total dividends per share by year
Dividend History
| Ex-Date | Pay Date | Amount | Type |
|---|---|---|---|
| Jul 10, 2026 | — | $0.5200 | regular |
| Apr 2, 2026 | — | $0.5200 | regular |
| Jan 2, 2026 | — | $0.5200 | regular |
| Oct 3, 2025 | — | $0.5200 | regular |
| Jul 3, 2025 | — | $0.5200 | regular |
| Apr 4, 2025 | — | $0.5200 | regular |
| Jan 3, 2025 | — | $0.5200 | regular |
| Oct 4, 2024 | — | $0.5200 | regular |
| Jul 5, 2024 | — | $0.5200 | regular |
| Apr 4, 2024 | — | $0.5000 | regular |
| Jan 4, 2024 | — | $0.5000 | regular |
| Oct 5, 2023 | — | $0.5000 | regular |
| Jul 6, 2023 | — | $0.5000 | regular |
| Apr 5, 2023 | — | $0.5000 | regular |
Income Calculator
At $2.08 / yr per share
