NetApp, Inc. (NASDAQ:NTAP) Plans $0.52 Quarterly Dividend

Posted by Geri Gentry on May 29th, 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 given 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 1.5%. The ex-dividend date of this dividend is Friday, July 10th.

NetApp has increased 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 $7.14 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 29.1%.

NetApp Stock Performance

NTAP opened at $142.40 on Friday. NetApp has a 52-week low of $93.69 and a 52-week high of $143.65. The company has a quick ratio of 1.36, a current ratio of 1.39 and a debt-to-equity ratio of 2.15. The company has a market cap of $28.10 billion, a P/E ratio of 23.81, a price-to-earnings-growth ratio of 2.60 and a beta of 1.28. The firm’s 50-day moving average price is $110.99 and its 200-day moving average price is $107.48.

NetApp (NASDAQ:NTAP – Get Free Report) last issued its quarterly earnings results on Thursday, May 28th. The data storage provider reported $2.03 EPS for the quarter, missing analysts’ consensus estimates of $2.27 by ($0.24). The firm had revenue of $1.95 billion for the quarter, compared to analyst estimates of $1.87 billion. NetApp had a return on equity of 118.11% and a net margin of 18.07%.The business’s revenue was up 12.5% compared to the same quarter last year. During the same period in the prior year, the firm posted $1.93 EPS. 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, equities analysts anticipate that NetApp will post 6.48 EPS for the current fiscal year.

Key NetApp News

Here are the key news stories impacting NetApp this week:

Positive Sentiment: NetApp beat revenue expectations with $1.95 billion in quarterly sales, up 12.5% year over year, and management said execution remained strong. Article Title
Positive Sentiment: NetApp raised its FY2027 EPS guidance to $8.70-$9.00 and revenue guidance to $7.3 billion-$7.6 billion, both above consensus, which supports the longer-term outlook. Article Title
Positive Sentiment: The board authorized a new $1 billion share repurchase program and the company announced a quarterly dividend of $0.52 per share, both of which can help support the stock. Article Title
Positive Sentiment: Bank of America’s Wamsi Mohan reiterated a Hold rating but lifted his price target to $150, signaling improved confidence in the shares’ upside. Article Title
Neutral Sentiment: NetApp’s Q4 EPS of $2.03 missed the consensus estimate of $2.27, which likely limited the stock’s reaction despite the revenue beat.
Neutral Sentiment: Recent earnings-call coverage highlighted record revenue and AI-related expansion efforts, but investors are still weighing valuation and margin concerns. Article Title
Negative Sentiment: Analyst commentary also pointed to valuation and margin headwinds, suggesting the market may be reluctant to bid the stock much higher after its recent run. Article Title

NetApp Company Profile

(Get Free Report)

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.