Benzinga | Oct 15, 2021 12:11PM EDT

If You Invested $100 Over The Past 15 Years In This Dividend Stock, Here's How Much You Would Have Today

NetApp (NASDAQ:NTAP) has outperformed the market over the past 90 days by 16.28%, generating a 19.48% return for its investors over the time period. Now, given this information, it may seem like price appreciation alone is the best way to have made money on this stock, that's not actually the case.

This is because NetApp has been paying out a regular cash dividend every year over the past 15 years. Investors who fail to account for dividends are missing a key ingredient in calculating a stock's profitability over time.

Visualzing $100 Cash Growth Over Last 15

By looking at the price chart of NTAP's common stock one can see that price appreciation alone misses a fair bit of value if one's considering holding the stock for a long period of time. This is the case for other equities too; check out all Benzinga's dividend data here or in an enhanced view on Benzinga Pro.