NetApp Inc. (NASDAQ: NTAP) has passed a rigorous dividend longevity screen, making it an attractive option for income-oriented investors. The company demonstrates a solid earnings engine with high profitability, good returns on capital, and a consistent history of positive earnings and operating cash flow. Furthermore, NetApp offers a fair dividend yield with a low and steady payout ratio, supported by a healthy balance sheet and what appears to be a fair stock valuation.
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NETAPP INC (NASDAQ:NTAP) Passes a Rigorous Dividend Longevity Screen
NetApp Inc. (NASDAQ: NTAP) has passed a rigorous dividend longevity screen, making it an attractive option for income-oriented investors. The company demonstrates a solid earnings engine with high profitability, good returns on capital, and a consistent history of positive earnings and operating cash flow. Furthermore, NetApp offers a fair dividend yield with a low and steady payout ratio, supported by a healthy balance sheet and what appears to be a fair stock valuation.