Nokia Dividend yield

Nokia is part of Technology Hardware and Equip. business, which is part of Technology industry. Nokia is a company from Finland, and his stocks are publicly traded.

Nokia stock dividend

Nokia paid a total dividend of 558 million EUR last year, for a market value of 20,572 millions (Market Cap 19,384 millions). Nokia dividend per share is 0.10 EUR, and his stock market price 3.69 EUR.

According to the chart below, where dividend yield is displayed, Nokia has a dividend yield of 2.71%, which is lower than the amount offered by the market average , but bigger than Technology industry. Dividend yields are similar among companies from the same industry, so it is a positive sign for the company.

In addition, you should compare Nokia stocks dividend with other Technology Hardware and Equip. companies or other of the highest Finland dividend stocks list.

Nokia Dividend Payout

About the ability of Nokia to maintain his current dividend of EUR 0.10 per share, an amount that accounts for 2.71%, we should study its payout ratio both on earnings and on cash-flows (see chart below). Nokia payout on ernings is currently 11.90%, which is lower than the market average and companies of Technology industry, which are 39.34% and 35.32% respectively. Both figures lead us to believe that there is confidence that Nokiacan maintain his current dividend.

The payout on earnings should be complemented with the payout on cash flow since it is this last amount the one which can be distributed to shareholders. Cash flow per share of Nokia is EUR 0.27 per share, which is higher than the dividend per share paid by the company of EUR 0.10, so the company generates enough cash to maintain his dividend in the future.

The following figure shows payout ratios over earnings and cashflow of Nokia, compared againt world market average, Finland companies, Technology industry and Technology Hardware and Equip. sector companies.

Nokia Dividend History

Below you will find a table with the historical evolution of Nokia's dividend stock, both in percentage and in EUR, its Payout on Earnings and the number of shares (in case there is an split, number shares altered the dividend per share).

Year	Yield	EUR	Paypout	Shares*
Present	2.71%	0.10	11.90%	5,575
2022	1.39%	0.06	16.22%	5,634
2021	0.00%	0.00	0.00%	5,629
2020	0.00%	0.00	0.00%	5,610
2019	3.03%	0.10	90.91%	5,599
2018	3.78%	0.19	-237.50%	5,588
2017	4.37%	0.17	425.00%	5,652
2016	3.94%	0.16	35.56%	5,716
2015	2.05%	0.14	41.18%	3,745

*In millions

Then you can see the evolution of Nokia dividend stock, and compare it with the average of Finland stocks and that of the Technology Hardware and Equip. stocks.

Nokia Stock performance

Finally, last moth Nokia showed a return of 3.00% compared to a worldwide -2.49% average, and a -1.32% of Technology firms. Over the last year, the company obtained a -26.40% versus a worldwide performance of a 8.71%. More detailed information can be seen in the following graph for Finland and Technology Hardware and Equip. firms.