NetApp, Inc. (NTAP) to Distribute Quarterly Dividend of $0.52 on July 29th

Posted by Stuart Ham on Jul 8th, 2026

NetApp, Inc. (NASDAQ:NTAP – Get Free Report) declared a quarterly dividend on Thursday, May 28th. Stockholders of record on Friday, July 10th will be paid a dividend of 0.52 per share by the data storage provider on Wednesday, July 29th. This represents a c) annualized dividend and a dividend yield of 1.3%. The ex-dividend date of this dividend is Friday, July 10th.

NetApp has raised its dividend payment by an average of 0.0%annually over the last three years and has increased its dividend every year for the last 1 years. NetApp has a dividend payout ratio of 24.6% indicating that its dividend is sufficiently covered by earnings. Research analysts expect NetApp to earn $7.95 per share next year, which means the company should continue to be able to cover its $2.08 annual dividend with an expected future payout ratio of 26.2%.

NetApp Stock Up 1.4%

NetApp stock opened at $165.78 on Wednesday. The firm has a market cap of $32.48 billion, a price-to-earnings ratio of 26.07, a price-to-earnings-growth ratio of 2.99 and a beta of 1.46. NetApp has a 52 week low of $93.69 and a 52 week high of $192.83. The business’s 50-day moving average price is $144.54 and its 200 day moving average price is $117.47. The company has a quick ratio of 1.39, a current ratio of 1.44 and a debt-to-equity ratio of 1.84.

NetApp (NASDAQ:NTAP – Get Free Report) last announced its quarterly earnings results on Thursday, May 28th. The data storage provider reported $2.03 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $2.27 by ($0.24). NetApp had a net margin of 18.43% and a return on equity of 117.23%. The company had revenue of $1.95 billion during the quarter, compared to analyst estimates of $1.87 billion. During the same period in the previous year, the firm posted $1.93 earnings per share. The company’s revenue was up 12.5% compared to the same quarter last year. NetApp has set its FY 2027 guidance at 8.700-9.000 EPS and its Q1 2027 guidance at 2.050-2.150 EPS. As a group, sell-side analysts anticipate that NetApp will post 7.16 earnings per share for the current year.

NetApp Company Profile

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NetApp, Inc (NASDAQ: NTAP) is a data management and storage company that delivers hybrid cloud data services for applications and data. Founded in 1992 as Network Appliance and rebranded as NetApp in 2008, the company is headquartered in Sunnyvale, California. NetApp’s offering focuses on enabling organizations to store, manage, protect and move data across on-premises environments and major public clouds.

The company’s product portfolio centers on the ONTAP data management software and a range of storage systems and services built around it.