Nokia Stock Dividends Overview

NOK pays dividends biannually. Last paid amount was $0.0212 at Feb 13, 2024. As of today, dividend yield (TTM) is 3.58%.

Dividend Yield Range

The Dividend Yield Range is the range of values in which a stock’s dividend yield has fluctuated within a specified period, often a year. It represents the variation between the highest and lowest dividend yields observed during that time frame.
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Dividend Analysis

Key Stats

Dividend Yield (TTM) 3.58%
Frequency Biannually
1Y Growth 25.44%
Payout Ratio 0
Amount Per Share $0.0426
Next Ex-Dividend Date Apr 22, 2024
Next Payment Date May 08, 2024

NOK Dividend Payout History

To ensure a understanding of NOK's dividend performance, consider examining the historical payout ratios and how they align with the company's earnings. Fluctuations in payout amounts may reflect changes in the company's dividend policy or earnings stability.


# Declaration Date Ex-Date Pay Date Amount Yield
1 Jan 26, 2024 Apr 22, 2024 May 08, 2024 $0.0426 1.17%
2 Feb 06, 2023 Jan 29, 2024 Feb 13, 2024 $0.0212 0.609%
3 Feb 06, 2023 Oct 23, 2023 Nov 07, 2023 $0.0320 0.93%
4 Feb 06, 2023 Jul 24, 2023 Aug 08, 2023 $0.0340 0.87%
5 Feb 06, 2023 Apr 24, 2023 May 09, 2023 $0.0990 2.43%
6 Dec 13, 2022 Jan 30, 2023 May 09, 2023 $0.0220 0.541%
7 Oct 20, 2022 Oct 24, 2022 Nov 08, 2022 $0.0200 0.448%
8 Apr 29, 2022 May 02, 2022 May 17, 2022 $0.0210 0.417%
9 Mar 29, 2019 Jul 29, 2019 Aug 13, 2019 $0.0560 1.05%
10 Mar 29, 2019 May 22, 2019 Jun 11, 2019 $0.0560 1.09%

Dividend Sustainability

The company's low Dividend Sustainability Score (DSS) highlights potential challenges in upholding its current dividend levels. Unfortunately, its low Dividend Growth Potential Score (DGPS) suggests limited prospects for dividend growth. In conclusion, a more vigilant stance is recommended given the company's tentative dividend landscape.

Sustainability score

Low (47.97%)

Growth potential

Decrease likely (27.78%)

NOK Dividend Calculator

Dividend Calculator is designed to forecast the potential returns from NOK dividends based on your individual investment size or the number of shares you own. Simply enter your total investment amount to see the cumulative dividend payment you could receive over a specified period.
Read how to invest in NOK stock here.

Comparing NOK to Sector and Country

NOK pays a solid dividend yield of 3.58%, which is higher than the average of the bottom 25% of dividend payers in the US market (0.368%). NOK’s dividend yield is lower than the average of the top 25% of dividend payers in the Technology sector in the US market (7.29%), which means that there are more attractive dividend stocks to consider.

FAQ

What factors can affect the amount of NOK's dividend payments?
The amount of NOK's dividends can fluctuate based on several factors, including the company's financial performance, earnings, cash flow, capital requirements, and overall market conditions. Changes in NOK sector's trends, interest rate shifts, and the company's operational adjustments can also influence dividend decisions.

Can dividends from NOK stock be automatically reinvested?
If NOK offers a Dividend Reinvestment Plan (DRIP), shareholders may have the option to automatically reinvest dividends to purchase additional shares. Please check with your brokerage for the availability and details of such a plan. Here's an easy guide on how to buy NOK stock.

How often does NOK pay dividend?
Nokia (NOK) pays dividends biannually. The most recent payout was on Feb 13, 2024. The upcoming dividend Ex Date is Apr 22, 2024, with an amount of $0.0426.

How much does NOK pays per share?
The last recorder (Jan 29, 2024) dividend per share was $0.0212.

What is NOK dividend growth rate?
Over the last year, Nokia has witnessed growth rate of 25.44% . Looking back over the past 3 years, this growth rate has been 26.64%. Furthermore, examining the past 5 years, Nokia has maintained an average Dividends Per Share Growth Rate of -5.30%.
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About Nokia Corporation

Nokia 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 infrastr... NOK Profile

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