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Nokian Renkaat Oyj develops and manufactures tires in Finland, Nordics, Russia, the rest of Europe, Asia, the Americas, and internationally. It operates through Passenger Car Tyres, Heavy Tyres, and Vianor segments. The Passenger Car Tyres segment develops and produces summer and winter tires for cars and vans. The Heavy Tyres segment offers tires for forestry machinery; and special tires for agricultural machinery, tractors, and industrial machinery, as well as retreading materials and truck tires. The Vianor segment sells car and van tires, as well as truck tires under the Nokian brand, and other tire brands; and other automotive products and services. The company offers its products through its own Vianor service centers and service centers run by partners, the Nokian Tyres Authorized Dealer (NAD) partners, the N-Tyre retailers, and other tire and vehicle retailers, as well as online stores. As of December 31, 2021, it operated 1,047 Vianor service centers; 2,282 NAD stores; and 110 N-Tyre stores. Nokian Renkaat Oyj was founded in 1898 and is headquartered in Nokia, Finland.

Nokian Renkaat Dividend Announcement

Nokian Renkaat announced a semi annually dividend of $0.12 per ordinary share which will be made payable on 2024-12-19. Ex dividend date: 2024-10-31
Nokian Renkaat annual dividend for 2024 was $0.32
Nokian Renkaat annual dividend for 2023 was $0.32
Nokian Renkaat's trailing twelve-month (TTM) dividend yield is 8.42%
Nokian Renkaat's payout ratio for the trailing twelve months (TTM) is -2666.67%
Nokian Renkaat's dividend growth over the last five years (2018-2023) was -23.17% year
Nokian Renkaat's dividend growth over the last ten years (2013-2023) was -12.86% year

Nokian Renkaat Dividend History

Ex-Div dateDividend amountDividend typePay date
2024-10-31$0.12semi annually2024-12-19
2024-05-01$0.20semi annually2024-05-30
2023-11-03$0.11semi annually2023-12-20
2023-04-27$0.21semi annually2023-05-26
2022-11-02$0.32semi annually2022-12-27
2022-04-29$0.30semi annually2022-05-26
2021-11-03$0.40semi annually2021-12-27
2021-03-31$0.43semi annually2021-04-30
2020-11-05$0.24semi annually2020-12-24
2020-04-03$0.93semi annually2020-05-04
2019-04-10$1.00semi annually2019-05-09
2018-04-11$1.20semi annually2018-05-10
2017-04-10$0.88semi annually2017-05-12
2016-04-12$0.93semi annually
2015-04-08$0.88semi annually
2014-04-09$1.37semi annually
2013-04-12$1.27semi annually

Nokian Renkaat Dividend per year

Nokian Renkaat Dividend growth

Nokian Renkaat Dividend Yield

Nokian Renkaat current trailing twelve-month (TTM) dividend yield is 8.42%. Interested in purchasing Nokian Renkaat stock? Use our calculator to estimate your expected dividend yield:

Nokian Renkaat Financial Ratios

P/E ratio-192.52
PEG ratio-11.50
P/B ratio0.42
ROE-0.21%
Payout ratio-2666.67%
Current ratio2.23
Quick ratio1.34
Cash Ratio0.30

Nokian Renkaat Dividend FAQ

How much is the next Nokian Renkaat dividend?
Nokian Renkaat's board of directors will review the company's financial performance, cash flow, future investment needs, and other relevant factors to determine the next Nokian Renkaat dividend. The next Nokian Renkaat dividend will be released in April, or November.
When is Nokian Renkaat dividend paid?
Nokian Renkaat pays dividends on a semi annually basis. The specific dates may vary each year but are generally around April, and November. However, please note that the exact timing and amount can vary, and companies may also decide to change their dividend policy based on their financial health and other considerations.
What dividend does Nokian Renkaat pay?
The specific amount of Nokian Renkaat dividend can vary from quarter to quarter and year to year, based on a variety of factors including the company's financial performance, the global economic situation, and the decisions of its board of directors. In the above table you can find Nokian Renkaat's dividend history.
Does Nokian Renkaat stock pay dividends?
Yes, Nokian Renkaat does pay dividends to its shareholders. However, the specific amount and frequency of these dividends can vary based on a variety of factors, including the company's financial performance, the global economic situation, and the decisions of its board of directors. In the above table you can find Nokian Renkaat's dividend history.
How much dividend does Nokian Renkaat pay?
Nokian Renkaat paid $0.317 in 2024, $0.32 in 2023, $0.619 in 2022, $0.831 in 2021, and $1.174 in 2020.
How often does Nokian Renkaat pay dividends?
Nokian Renkaat typically pays dividends on a semi annually basis. This means that dividends are usually distributed 2 times a year. The specific payout dates may vary each year but generally fall around April, and November.
What is Nokian Renkaat's dividend yield?
The current dividend yield for Nokian Renkaat is 8.42%. The dividend yield is calculated by dividing the annual dividend payment by the price of the stock. Both of these numbers can fluctuate daily due to changes in the stock price and any updates to the dividend payment. Use the dividend calculator on this page to calculate Nokian Renkaat's exact dividend yield.
When does Nokian Renkaat go ex dividend?
Nokian Renkaat's ex-dividend date for the latest dividend was on 2024-10-31. Nokian Renkaat typically goes ex-dividend a few weeks before the payment date. The specific dates can vary each year and for each dividend payment.
When is the next Nokian Renkaat dividend paid?
Nokian Renkaat pays dividends on a semi annually basis, typically around April, or November, but the exact dates can vary each year.
Will Nokian Renkaat increase its dividend?
Decisions about dividend payments are made by the company's board of directors and are based on a variety of factors. To understand whether Nokian Renkaat will increase its dividend, it's beneficial to look at the company's earnings, financial health, future business prospects, and the overall economic environment.
How much is Nokian Renkaat dividend per share?
Nokian Renkaat paid $0.317 per share in 2024 and $0.32 per share in 2023. The amount of dividend per share that Nokian Renkaat pays can vary each quarter based on a range of factors including the company's earnings, financial health, and decisions made by its board of directors.
Is Nokian Renkaat a dividend aristocrat?
No, the term "Dividend Aristocrat" is typically used to describe a company in the S&P 500 index that has increased its dividend payouts for at least 25 consecutive years.
Is Nokian Renkaat a dividend king?
No, a "Dividend King" is a company that has managed to increase its dividend payouts for 50 consecutive years or more, which is an even more selective group than the Dividend Aristocrats.
Is Nokian Renkaat a dividend stock?
Yes, Nokian Renkaat is considered a dividend stock. A dividend stock is a stock of a company that regularly pays out dividends to its shareholders.
Is Nokian Renkaat a good dividend stock?
Whether Nokian Renkaat is a good dividend stock depends on several factors and can vary depending on individual investment goals, risk tolerance, and the overall market conditions. Nokian Renkaat has a history of paying regular dividends, which can make it attractive to income-focused investors.

Other factors to consider when evaluating Nokian Renkaat 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.
Does Nokian Renkaat pay dividends monthly?
Nokian Renkaat typically pays dividends on a semi annually basis.
Does Nokian Renkaat pay dividends quarterly?
Nokian Renkaat currently pays dividends on a semi annually basis.
Has Nokian Renkaat ever paid a dividend?
Yes, Nokian Renkaat has a history of paying dividends to its shareholders. Nokian Renkaat is known for its dividend payments, which have made it an attractive investment for income-focused investors.
How to buy Nokian Renkaat dividend stocks?
To buy Nokian Renkaat you need a brokerage account. Open an account with a reputable brokerage firm that offers access to the stock market. Consider factors such as fees, account minimums, and the availability of dividend reinvestment programs (DRIPs) if you wish to reinvest your dividends automatically.

Place an order: Use the brokerage's trading platform to place an order to buy Nokian Renkaat stock.

Remember that buying stocks involves risk, and it's important to carefully consider your investment goals, risk tolerance, and conduct thorough research before making any investment decisions.
When does Nokian Renkaat pay dividends 2024?
Nokian Renkaat pays dividends on a semi annually basis. 2024 dividend payments are in 2024-12-19. However, please note that the exact timing and amount can vary, and companies may also decide to change their dividend policy based on their financial health and other considerations.
Will Nokian Renkaat increase its dividend in 2024?
Decisions regarding Nokian Renkaat dividend increases are typically made by a company's board of directors based on various factors, including financial performance, cash flow, investment needs, and market conditions. For an up-to-date Nokian Renkaat dividend overview you can look into the above table of dividend history.
How Nokian Renkaat dividend works?
The Nokian Renkaat dividend works by distributing a portion of the company's profits to its shareholders on a per-share basis. Here's a general overview of how Nokian Renkaat's dividend process works:

1. Determination of Dividend: Nokian Renkaat'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, Nokian Renkaat 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, Nokian Renkaat 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 Nokian Renkaat 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.
How are Nokian Renkaat dividends paid?
Nokian Renkaat dividends are typically paid in cash directly to eligible shareholders. The payment process involves the following steps:

1. Record Date: Nokian Renkaat 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, Nokian Renkaat distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.

3. Currency: Nokian Renkaat 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.
How many times does Nokian Renkaat pay dividends?
Nokian Renkaat typically pays dividends on a semi annually basis. The specific payment dates can vary each year and are usually announced when the company releases its financial results for each quarter.
What months does Nokian Renkaat pay dividends?
The general pattern is that Nokian Renkaat pays dividends around April, and November. However, the exact payment dates can vary each year and are typically announced when the company releases its financial results for each quarter.
Is Nokian Renkaat dividend safe?
The safety of Nokian Renkaat's dividend is subject to various factors and cannot be determined with certainty. It is influenced by the company's financial performance, cash flow, and the overall economic and industry conditions.

To assess the safety of Nokian Renkaat'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 Nokian Renkaat'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.