NetApp doubles dividend in 2018 Dividendhike.com | Dividend News and Statistics for US Equities

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Business	yield	Hike yrs	5 yr CAGR	freq.	paid since
Netapp As of October 10, 2023	ticker	dps (an.)	2024 hike	2023 hike	2022 hike
Netapp As of October 10, 2023	NTAP	$2.00	0.0%	0.0%	4.2%
Data Storage Equipment	2.6%	9	20.1%	Quarter	2013

NetApp hikes dividend by 100%

Wednesday 23 May 2018

NetApp (NTAP) will raise its quarterly dividend by 100 percent to $0.40 per share in 2018. This marks the fifth consecutive year of dividend increases by the technology company.

The quarterly dividend will be paid on July 25, 2018 to shareholders of record as of the close of business on July 6, 2018. The new dividend yield for NTAP is 2.4%.

NetApp, Inc. provides software, systems and services to manage and store customer data. Its data management and storage offerings help manage business productivity, performance and profitability, while providing investment protection and asset utilization. NetApp offers a portfolio of products and services that satisfy a range of customer workloads across different data types and deployment models. Its data management and storage offerings help manage business productivity, performance and profitability, while providing investment protection and asset utilization. In 2013 NetApp initiated a quarterly dividend.

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