NTAP dividend analysis

NTAP dividend deep dive

NTAP pays $7.78 per share annually, a 3.60% yield against the current price. The 36% payout sits inside the 60% threshold that's the conventional comfort zone for ongoing distribution growth.

Quality + Risk pillar breakdown on the NTAP dividend: Quality 41, Risk 16, composite safety 47/100. The Risk pillar specifically captures balance-sheet leverage and earnings volatility, both of which weigh on the distribution's durability through cycles.

NTAP reinvested-yield math, holding TTM yield (3.60%) and 5y CAGR (0.6%) constant: 5/10/20-year cumulative income totals 19.5% / 42.7% / 103.7%.

Sector dividend comp for NTAP: KO (5.00%), PG (1.50%), PEP (2.90%) (mean 3.13%). On the trailing TTM line, NTAP pays 3.60% — a +0.47-pp gap to the cohort mean.

NTAP dividend calendar: ex-date 2026-03-01, pay date 2026-03-15. The pattern is quarterly, which means four payments per year at the current $1.945 per quarter run-rate.

Bottom line on NTAP: 3.60% TTM yield + 0.6% growth + 47/100 safety. The forward question is whether the 36% payout ratio leaves enough free cash flow for continued growth at the current pace.