SmarterDividends
NOK

Nokia Oyj

NOK

Technology · Stock · quarterly payer

Forward Yield

0.99%

Annual Dividend

$0.16

Payout Ratio

100%

5-Yr Growth

Ex-Date

Apr 28, 2026

Frequency

Quarterly

NOK Dividend Safety Score

61/ 100
Grade C

Borderline

Dividend-growth streak3 consecutive years of growth
Cut historyCut its dividend in 2022
Earnings payout coverage100% of earnings paid out
Free-cash-flow coverage56% of free cash flow
Balance-sheet strengthDebt/equity of 0.16
Yield vs its historyYield in line with its history

SmarterDividends' proprietary score, backtested against which dividends were actually cut over 15+ years (0.78 AUC). It blends a validated cut-risk model (growth streak, cut history) with current payout, cash-flow and debt. Higher is safer · not investment advice.

Dividend Growth

Total dividends per share by year

Is NOK a good dividend stock?

Yes, with caveats

Nokia Oyj (NOK) pays a quarterly dividend yielding 0.99% ($0.16/yr), with 3 years of growth and a dividend-safety grade of C. It's a solid income payer, but check the caveats below before buying.

Advantages

  • 190% total price return over 5 years

Risks

  • Cut its dividend in 2022
  • Elevated payout ratio (100%)

Key Data

Dividend Yield
0.99%
Payout Ratio
100%
Annual Dividend
$0.16
5-Yr Avg Growth
Ex-Dividend Date
Apr 28, 2026
Years of Growth
3
Frequency
quarterly
Beta
0.78
Market Cap
$92.8B
P/E Ratio
103.9
5-Yr Total Return
190%
52-Week Range
$4.00 – $17.45
Dividend Safety
C · 61/100
Ever Cut?
Yes (2022)
NOK ex-dividend date & scheduleNext ex-date Apr 28, 2026 · full ex-dividend historyView →

Frequently Asked Questions

Income Calculator

At $0.16 / yr per share

Per payment (quarterly)$4.00
Annual$16.00
Monthly avg$1.33