Nokia Oyj provides mobile, fixed, and cloud network solutions worldwide. The company operates through four segments: Mobile Networks, Network Infrastructure, Cloud and Network Services, and Nokia Technologies. It offers products and services for radio access networks covering technologies from 2G to 5G, and microwave radio links for transport networks. The company provides fixed networking solutions, such as fiber and copper-based access infrastructure, and cloud and virtualization services, as well as wi-fi portfolio, including mesh solutions and cloud-based controllers; IP routing solutions for IP aggregation, and edge and core applications for residential, business, mobile, and industrial services; a portfolio of optical networks comprising portfolio coherent optical transponders, optical transport network switchers, wavelength-division multiplexers, reconfigurable optical add-drop multiplexer solutions, and optical line systems for metro access and aggregation, data center interconnect, regional, and long-haul/ultra-long-haul applications; and submarine networks. In addition, it offers business applications software, cloud and cognitive services, core networks software, and enterprise solutions. Further, the company provides hardware, software, and services, as well as licensing of intellectual property, including patents, technologies, and the Nokia brand. It serves communications service providers, webscales, hyperscalers, digital industries, and government. Nokia Oyj was founded in 1865 and is headquartered in Espoo, Finland.
Nokia Dividend Announcement
• Nokia announced a quarterly dividend of $0.03 per ordinary share which will be made payable on 2024-11-05. Ex dividend date: 2024-10-22
• Nokia annual dividend for 2024 was $0.15
• Nokia annual dividend for 2023 was $0.20
• Nokia's trailing twelve-month (TTM) dividend yield is 3.74%
• Nokia's payout ratio for the trailing twelve months (TTM) is 173.43%
Nokia Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-10-22 | $0.03 | quarterly | 2024-11-05 |
2024-07-23 | $0.04 | quarterly | 2024-08-06 |
2024-04-22 | $0.05 | quarterly | 2024-05-08 |
2024-01-29 | $0.04 | quarterly | 2024-02-13 |
2023-10-23 | $0.03 | quarterly | 2023-11-07 |
2023-07-24 | $0.04 | quarterly | 2023-08-08 |
2023-04-24 | $0.11 | quarterly | 2023-05-09 |
2023-01-30 | $0.02 | quarterly | 2023-02-14 |
2022-10-24 | $0.02 | quarterly | 2022-11-08 |
2022-05-02 | $0.02 | quarterly | 2022-05-17 |
2019-07-29 | $0.06 | quarterly | 2019-08-13 |
2019-05-22 | $0.06 | quarterly | 2019-06-11 |
2018-05-31 | $0.24 | quarterly | 2018-06-18 |
2017-05-24 | $0.18 | quarterly | 2017-06-14 |
2016-06-16 | $0.30 | quarterly | 2016-07-12 |
2015-05-05 | $0.16 | quarterly | 2015-05-27 |
2014-06-19 | $0.69 | quarterly | 2014-07-09 |
2012-05-04 | $0.25 | quarterly | 2012-05-29 |
2011-05-04 | $0.83 | quarterly | 2011-05-25 |
2010-05-07 | $0.49 | quarterly |
Nokia Dividend per year
Nokia Dividend growth
Nokia Dividend Yield
Nokia current trailing twelve-month (TTM) dividend yield is 3.74%. Interested in purchasing Nokia stock? Use our calculator to estimate your expected dividend yield:
Nokia Financial Ratios
Nokia Dividend FAQ
Other factors to consider when evaluating Nokia as a dividend stock include its dividend yield, dividend growth, payout ratio, and the sustainability of its dividend payments given its earnings and cash flow. These factors can provide insight into the company's ability to maintain or increase its dividend in the future.
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1. Determination of Dividend: Nokia's board of directors reviews the company's financial performance, cash flow, future investment needs, and other relevant factors to determine the amount and timing of dividend payments.
2. Dividend Declaration: Once the board approves a dividend, Nokia publicly announces the dividend amount, currency, and the ex-dividend date. The ex-dividend date is the date on or after which the buyer of the stock will not be eligible to receive the upcoming dividend payment.
3. Record Date: The record date is the date on which the company checks its records to identify shareholders who are eligible to receive the dividend. Only shareholders on record as of this date will receive the dividend.
4. Payment Date: On the designated payment date, Nokia distributes the dividend to eligible shareholders. The dividend is usually paid in the form of cash directly into the shareholder's brokerage account or through other designated payment methods.
5. Tax Implications: Dividends received from Nokia are generally taxable as income. Shareholders may need to report dividend income on their tax returns and pay applicable taxes according to their jurisdiction's tax regulations.
1. Record Date: Nokia sets a record date, which is the date on which the company checks its records to determine the eligible shareholders. Only those who are shareholders on record as of this date will receive the dividend.
2. Payment Date: On the designated payment date, Nokia distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: Nokia declares the currency in which the dividend will be paid. Depending on the shareholder's location and the currency election made by the shareholder, the dividend will be converted to the appropriate currency during the payment process.
To assess the safety of Nokia's dividend, it is crucial to analyze the company's financial health, debt levels, cash flow generation, and ability to sustain dividend payments over the long term. Additionally, monitoring the company's future earnings, cash flow projections, and management's commitment to dividend policies can provide valuable insights.
It is recommended to review Nokia's financial reports, official announcements, and consult with financial advisors or experts who have access to the most current and comprehensive information about the company's financial situation.