Nokia share dividend and yield

  •   HARMANT Adeline

Nokia decided to suspend its dividend payment in 2020 and 2021 due to losses during the Covid-19 pandemic. Currently, although its yield remains relatively low, the company has decided to resume this dividend payment in 2022. In this article, we propose you to discover in more details what is the dividend of the Nokia share with different important information such as its amount, its yield but also its history over the last ten years or its dividend calendar with the dates of the last ex-dividend dates and payments.

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Nokia share dividend and yield
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What is the amount of the dividend paid by Nokia?

The last known full dividend for Nokia shares is the dividend that was paid in 2019 for the financial year 2018. This dividend was in the amount of €0.19 per share and was paid in one lump sum.

After a two-year suspension of its dividend, Nokia recently announced that it will again pay its shareholders this year 2022 with a dividend of €0.08 per share for the financial year 2021. An initial payment of €0.02 was made in May.

 

When is Nokia's dividend payment due?

The Nokia share dividend is paid each year for the previous year's financial year. The amount of the dividend is calculated according to the annual financial results and is voted on by the general meeting of shareholders.

Nokia pays its dividend in several instalments and a balance in different years. 

In 2022, for example, Nokia's first interim dividend was detached on 2 May and paid on 12 May, the second will be detached on 26 July and paid on 4 August, the third will be detached on 25 October and paid on 3 November and the fourth will be detached on 7 February and paid on 16 February.

 

What is the next expected dividend for Nokia shares?

Nokia suspended its dividend for two years due to the Covid pandemic but its general meeting has just voted to pay a total dividend of €0.08 per share for the year 2022. An initial payment of €0.02 was made in May to shareholders and three further payments will be made in August, November and February, each amounting to €0.02.

However, this new dividend is lower than the company's last known dividend of €0.19 per share in 2019, for the financial year 2018.

 

Nokia share dividend history:

Dividend payments from Nokia are not regular and there have been several suspensions in the past. We now take a look at how much has been paid out over the last ten years and how this amount has changed from year to year.

  • In 2021, Nokia's dividend was €0 with a 0% increase
  • In 2020, Nokia's dividend was €0 with a 100% decrease
  • In 2019, Nokia's dividend was €0.15 with a 21.05% decrease
  • In 2018, Nokia's dividend was €0.19 with an 11.76% increase
  • In 2017, Nokia's dividend was €0.17 with a 70% increase
  • In 2016, Nokia's dividend was €0.1 with a decrease of 28.57%.
  • In 2015, Nokia's dividend was €0.14 with a decrease of 46.15%
  • In 2014, Nokia's dividend was €0.26 with a 100% increase
  • In 2013, Nokia's dividend was €0 with a 100% decrease
  • In 2012, Nokia's dividend was €0.2 with a 50% decrease

Looking at this history, we can see that the dividend of the Nokia share has a tendency to go down over time. Over the last 5 years, the amount of the dividend has fallen by an average of 34.82% per year. Over the last ten years, this amount has lost an average of 20.57% per year. These average declines are however impacted by the three years of dividend suspension in 2013, 2020 and 2021.

 

What is the dividend yield on Nokia shares?

Nokia's dividend yield is actually its actual profitability by comparing the dividend to the share price. This is done by dividing the dividend amount by the share price. It is therefore important not to take into account only the amount of the dividend before buying a stock with a view to yield.

Nokia's dividend for 2022 has a yield of 1.64%.

Nokia's payout ratio is currently 6.77%, which tells us that Nokia is retaining a large portion of its profits to invest in growth.

 

What is the multi-year dividend yield on Nokia shares?

Over the past 10 years, Nokia Group has paid a dividend with an average yield of 2.03%, which is a little below its 2021 yield. Here is its history:

  • In 2021, the dividend yield was 0%.
  • In 2020, this dividend yield was 0%.
  • In 2019, the yield on this dividend was 1.39%.
  • In 2018, the dividend yield was 4.08%.
  • In 2017, the dividend yield was 2.97%.
  • In 2016, the dividend yield was 5.28%.
  • In 2015, the dividend yield was 2.44%.
  • In 2014, the dividend yield was 6.47%.
  • In 2013, the dividend yield was 0%.
  • In 2012, the dividend yield was 8.03%.
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