Ex-Div Reminder For NetApp (NTAP)

Looking at the universe of stocks we cover at Dividend Channel, on 10/17/13, NetApp, Inc. ( NTAP) will trade ex-dividend, for its quarterly dividend of $0.15, payable on 10/25/13. As a percentage of NTAP's recent stock price of $41.19, this dividend works out to approximately 0.36%.

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Below is a dividend history chart for NTAP, showing historical dividends prior to the most recent $0.15 declared by NetApp, Inc.:

NTAP+Dividend+History+Chart

In general, dividends are not always predictable; but looking at the history above can help in judging whether the most recent dividend from NTAP is likely to continue, and whether the current estimated yield of 1.46% on annualized basis is a reasonable expectation of annual yield going forward. The chart below shows the one year performance of NTAP shares, versus its 200 day moving average:

NetApp, Inc. 200 Day Moving Average Chart

Looking at the chart above, NTAP's low point in its 52 week range is $26.26 per share, with $44.65 as the 52 week high point — that compares with a last trade of $41.11.
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According to the ETF Finder at ETF Channel, NTAP makes up 3.11% of the First Trust ISE Cloud Computing Index Fund ETF ( SKYY) which is trading lower by about 0.7% on the day Tuesday.

In Tuesday trading, NetApp, Inc. shares are currently off about 1.3% on the day.

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