NOK Dividend History & Analysis | 3.4% Yield

NOK has a dividend yield of 3.4% and paid 0.14 USD per share in the last 12M. Complete payout history, full analyses and peer comparison.

Yield 12m 3.42%
Payout Ratio 42.4%
Growth Rate CAGR 5y 34.67%
Consistency Lifetime 75.5%
Yield on Cost 5y 3.80%
Payout FCF 51.1%
Streak Years 4
Dividend Rating 60.94%

Dividends Cash Amount per Share Yearly

This chart shows the yearly cash amount paid as dividends per share. The exact values for each year can be found in the structured dataset with the html-id #yearly_dividend_dataset below.
Dividend Growth Year over Year This chart shows the annual dividend growth rate compared to the previous year.
5 Years Chart with Price and Dividend Yield This chart shows the dividend yield and price over time. Price is displayed as gray area (left axis), yield as dark blue line (right axis), and average yield as orange dashed line.

Top Dividend Payers in Communications Equipment

Top 5 Dividend Yields of Peer-Group
Symbol Market Cap USD Dividend Yield TTM Yield on Cost 5y
ITRN 904 M 5.37% 11.5%
TWEKA 1,855 M 4.04% 4.39%
CSCO 335,132 M 2.45% 3.87%
IDCC 8,499 M 0.97% 4.26%
MSI 70,337 M 1.09% 2.61%
Top 5 Dividend Growth Rates of Peer-Group
Symbol Market Cap USD Growth Rate Consistency
ITRN 904 M 22.1% 76.9%
IDCC 8,499 M 13.8% 93.5%
MSI 70,337 M 11.3% 93.5%
CSCO 335,132 M 2.62% 100%
UI 34,848 M 8.78% 59.3%

Quality Dividend Peers in Communications Equipment

ITRN
CSCO
Cisco Systems
2.45% Yield
ERIC

NOK Dividend History: Last 41 Payments (USD) as of February 2026

Ex-Dividend Date Record Date Payment Date Period Dividend per Share Dividend Growth Rate QoQ Payout Yield
2026-02-03 2026-02-03 2026-02-18 Quarterly 0.0261 3.3% 0.4%
2025-10-28 2025-10-28 2025-11-12 Quarterly 0.0253 -46.2% 0.39%
2025-07-29 2025-07-29 2025-08-12 Quarterly 0.047 2.2% 1.12%
2025-05-05 2025-05-05 2025-05-15 Quarterly 0.046 48.4% 0.92%
2025-02-04 2025-02-04 2025-02-18 Quarterly 0.031 -6.1% 0.67%
2024-10-22 2024-10-22 2024-11-05 Quarterly 0.033 3.1% 0.7%
2024-07-23 2024-07-23 2024-08-06 Quarterly 0.032 -25.6% 0.86%
2024-04-22 2024-04-23 2024-05-08 Quarterly 0.043 34.4% 1.17%
2024-01-29 2024-01-30 2024-02-13 Quarterly 0.032 0% 0.84%
2023-10-23 2023-10-24 2023-11-07 Quarterly 0.032 -5.9% 1%
2023-07-24 2023-07-25 2023-08-08 Quarterly 0.034 3% 0.87%
2023-04-24 2023-04-25 2023-05-09 Quarterly 0.033 50% 0.78%
2023-01-30 2023-01-31 2023-02-14 Quarterly 0.022 10% 0.46%
2022-10-24 2022-10-25 2022-11-08 Quarterly 0.02 0% 0.47%
2022-07-25 2022-07-26 2022-08-09 Other 0.02 -4.8% 0.39%
2022-05-02 2022-05-03 2022-05-17 Other 0.021 -62.5% 0.42%
2019-07-29 2019-07-30 2019-08-13 Annual 0.056 0% N/A
2019-05-22 2019-05-23 2019-06-11 Quarterly 0.056 -76.3% N/A
2018-05-31 2018-06-01 2018-06-18 Annual 0.236 29.7% N/A
2017-05-24 2017-05-26 2017-06-14 Annual 0.182 -39.1% N/A
2016-06-16 2016-06-20 2016-07-12 Annual 0.299 88.1% N/A
2015-05-05 2015-05-07 2015-05-27 Annual 0.159 -68.9% N/A
2014-06-19 2014-06-23 2014-07-09 Other 0.511 102% N/A
2012-05-04 2012-05-08 2012-05-29 Annual 0.253 -55.7% N/A
2011-05-04 2011-05-06 2011-05-25 Annual 0.571 17% N/A
2010-05-07 2010-05-11 2010-05-28 Annual 0.488 -10.6% N/A
2009-04-24 2009-04-28 2009-05-18 Annual 0.546 -34.5% N/A
2008-05-09 2008-05-13 2008-05-30 Annual 0.834 47.6% N/A
2007-05-04 2007-05-08 2007-05-30 Annual 0.565 23.9% N/A
2006-03-31 2006-04-04 2006-04-26 Annual 0.456 5.8% N/A
2005-04-08 2005-04-12 2005-04-29 Annual 0.431 20.4% N/A
2004-03-26 2004-03-30 2004-04-23 Annual 0.358 17.8% N/A
2003-03-28 2003-04-01 2003-04-23 Annual 0.304 28.3% N/A
2002-03-22 2002-03-26 2002-04-16 Annual 0.237 -7.1% N/A
2001-03-22 2001-03-26 2001-04-10 Annual 0.255 -66.8% N/A
2000-03-23 2000-03-27 2000-04-10 Annual 0.767 -25.8% N/A
1999-03-18 1999-03-22 1999-04-07 Annual 1.034 -22.3% N/A
1998-03-25 1998-03-27 1998-04-10 Annual 1.331 93.7% N/A
1997-03-27 1997-04-01 1997-04-15 Annual 0.687 8.5% N/A
1996-04-04 1996-04-09 1996-04-23 Annual 0.633 -45.7% N/A
1995-03-30 1995-04-05 1995-04-14 Annual 1.1651 0% N/A

NOK Dividend FAQ

Nokia Oyj (NYSE:NOK) is a Finnish communications-equipment provider that designs, manufactures, and services mobile, fixed, and cloud network solutions for a global client base that includes carriers, enterprises, governments, and hyperscalers. The firm is organized into four operating segments-Network Infrastructure, Mobile Networks, Cloud & Network Services, and Nokia Technologies-covering fiber and copper access, IP routing, optical transport, 5G radio and core, private-wireless/edge offerings, and IP-based licensing of patents and the Nokia brand.

What is the Dividend Yield of NOK?

As of February 2026, NOK`s dividend yield is 3.42%. This is calculated by dividing the trailing 12-month dividend rate (TTM rate) of 0.14 USD by the current share price of 7.07.

Does NOK pay a dividend?

As of February 2026, NOK paid a dividend of 0.14 USD in the last 12 months. The last dividend was paid on 2026-02-03 and the payout was 0.02613 USD.

How often does NOK pay dividends?

NOK pays dividends quarterly. Over the last 12 months, NOK has issued 4 dividend payments. The last dividend payment was made on 2026-02-03.

NOK dividend forecast

Based on historical data, the forecasted dividends per share for NOK for the next 4 payments are between 0 (-100.0%) and 0 (-100.0%).
This represents a significant dividend cut compared to the last payment.

Will NOK pay dividends in 2026?

The latest dividend paid per share was 0.02613 USD with an Ex-Dividend Date of 2026-02-03. The next Ex-Dividend date for Nokia (NOK) is currently unknown.

What is the next Ex-Dividend Date for NOK?

The next Ex-Dividend date for Nokia (NOK) is currently unknown. We automatically update the next Ex-Dividend date when it is announced.

What is the Dividend Growth of NOK?

NOK's average dividend growth rate over the past 5 years is 34.7% per year.
Strong growth: NOK's Dividend growth is outpacing inflation.

What is the Yield on Cost of NOK?

NOK's 5-Year Yield on Cost is 3.80%. If you bought NOK's shares at 3.80 USD five years ago, your current annual dividend income (0.14 USD per share, trailing 12 months) equals 3.80% of your original purchase price.

What is the Payout Consistency of NOK?

NOK Payout Consistency is 75.5%. The payout consistency is a proprietary measure of how consistently a company has paid dividends over its lifetime and blends growth rate, number of dividend payments, interruptions or lowering dividends into one number.
Moderately consistent: Nokia has a good track record of consistent dividend payments over its lifetime.

Does NOK have a good Dividend Yield?

NOK`s 3.42% Dividend Yield is considered as moderate. This is usually a sign of a value company.

What is the Dividend Payout Ratio of NOK?

The Dividend Payout Ratio of NOK is 42.4%. Healthy - Leaves room for growth and provides some protection to maintain dividends even in a recession.

What is the Dividend Rating of NOK?

NOK`s Overall Dividend Rating is 60.94%. Ratings surpassing 65% are regarded as acceptable, exceeding 75% are favorable and surpassing 85% are strong.

NOK Outstanding Shares Analysis

What is the Trend in NOK's Outstanding Shares?

Nokia's outstanding shares have decreased by approximately 0.19% annually over the past 3 years (Trend Reliability: -33.3%).

Slightly positive: The company is modestly reducing its share count through buybacks. This provides a small tailwind to earnings per share and dividend sustainability.

Has NOK ever had a Stock Split?

Yes, the last stock split was on Apr 11, 2000 with a ratio of 4:1.

This was a forward split: Each share became 4 shares, lowering the price proportionally. The dividend per share was also adjusted downward by the same ratio, so total dividend income remained unchanged.

Year Number of Shares Annual Growth Rate
1995 4,792,800,000
1996 4,792,800,000
1997 4,013,240,000 -16.27%
1998 3,620,000,000 -9.8%
1999 1,188,398,500 -67.17%
2000 4,679,976,000 +293.81%
2001 4,701,821,000 +0.47%
2002 4,754,155,000 +1.11%
2003 4,755,656,000 +0.03%
2004 4,564,585,000 -4.02%
2005 4,394,025,000 -3.74%
2006 4,037,146,000 -8.12%
2007 3,865,207,000 -4.26%
2008 3,700,704,000 -4.26%
2009 3,707,535,000 +0.18%
2010 3,708,888,000 +0.04%
2011 3,710,158,000 +0.03%
2012 3,710,982,000 +0.02%
2013 3,712,233,000 +0.03%
2014 3,986,613,000 +7.39%
2015 3,947,477,000 -0.98%
2016 5,778,332,000 +46.38%
2017 5,592,614,000 -3.21%
2018 5,615,353,000 +0.41%
2019 5,622,823,000 +0.13%
2020 5,617,463,000 -0.1%
2021 5,713,089,000 +1.7%
2022 5,651,112,000 -1.08%
2023 5,523,785,000 -2.25%
2024 5,532,241,000 +0.15%
2025 5,502,781,000 -0.53%

Key Metric Definitions

Dividend Yield
Annual dividend per share divided by current share price.
Payout Ratio
Percentage of earnings paid as dividends. Below 60% = safe, above 100% = unsustainable.
Payout FCF
Percentage of Free Cash Flow paid as dividends. More reliable than Payout Ratio since it measures actual cash.
Growth Rate (CAGR)
Compound annual growth rate of dividends over the last 5 years.
Consistency
Reliability of dividend payments over lifetime. Penalizes cuts and pauses.
Yield on Cost
Your effective yield if you bought 5 years ago. Shows dividend growth impact over time.
Streak
Consecutive years of dividend payments. 25+ years = Dividend Aristocrat.
Dividend Rating
Proprietary score (0-100) combining yield, growth, safety and consistency.

Last update: 2026-02-08 02:15