Dividend
Dividend policy
We target recurring, stable and over time growing ordinary dividend payments, taking into account the previous year’s earnings as well as the company’s financial position and business outlook.
Dividend from the financial year 2024
Under the authorization by the Annual General Meeting held on 29 April 2025, the Board of Directors is authorized to resolve on the distribution of an aggregate maximum of EUR 0.14 per share as dividend from the retained earnings and/or as assets from the reserve for invested unrestricted equity.
The authorization is valid until the opening of the next Annual General Meeting. The Board will resolve separately on the amount and timing of each distribution of the dividend and/or assets from the reserve for invested unrestricted equity so that the preliminary record and payment dates will be as set out below. The Company shall make a separate announcement of each such Board resolution confirming the relevant record and payment dates.
Preliminary record date |
Preliminary payment date |
|---|---|
5 May 2025 |
12 May 2025 |
29 July 2025 |
7 August 2025 |
28 October 2025 |
6 November 2025 |
3 February 2026 |
12 February 2026 |
Dividend resolutions
On 29 April 2025, the Board resolved to distribute a dividend of EUR 0.04 per share. The dividend record date was on 5 May 2025 and the dividend was paid on 12 May 2025.
Following this announced dividend, the Board’s remaining asset distribution authorization is a maximum of EUR 0.10 per share
Nasdaq Helsinki and Euronext Paris
Installment |
Ex-date |
Record date |
Payment date |
Dividend paid |
|---|---|---|---|---|
1st |
2 May 2025 |
5 May 2025 |
12 May 2025 |
EUR 0.04 |
New York Stock Exchange
Installment |
Ex-date |
Record date |
Payment date |
Dividend paid* |
|---|---|---|---|---|
1st |
2 May 2025 |
5 May 2025 |
15 May 2025 |
USD 0.0445 |
* Amounts in the table are gross rates before any withhold taxes, tax relief fees, or cash dividend fees.
The actual dividend payment date outside Finland will be determined by the practices of the intermediary banks transferring the dividend payments.
Withholding taxation of dividends in Finland concerning nominee registered shares
The OECD Treaty Relief and Compliance Enhancement (“TRACE”) procedure must be applied to dividends paid by Finnish publicly listed companies to nominee-registered shares, the beneficiaries of which are non-resident taxpayers. Accordingly, a withholding tax of 35%, as a starting point, must be applied to dividend payments made on nominee registered shares as of 1.1.2021.
A lower withholding tax rate can be applied, if custodian is registered with the Tax Administration’s Register of Authorised Intermediaries and has advised of lower withholding based on the required additional information collected by them.
Any tax withheld in excess can be reclaimed after the year of the dividend payment by submitting a refund application to the Finnish Tax Administration. Please find further instructions and forms for applying tax refunds available on the website of the Finnish Tax Administration, either on paper (form for corporate entities here, and for individuals here), or electronically.
You may also be able to receive a refund already during the year of dividend payment via your custodian if registered as Authorized Intermediary. Please contact your custodian for further information.
Please note that Nokia does not process withholding tax reclaims.
Additional information on withholding tax reclaims can be obtained from the Tax Administration by e-mail whtreclaims@vero.fi (for corporations only); or via the Tax Administration general telephone and chat helplines (for both individuals and corporations).
Dividend history
Nasdaq Helsinki and Euronext Paris
Ex-date |
Record Date |
Payment date |
Amount (EUR)* |
|---|---|---|---|
3.2.2025 |
4.2.2025 |
13.2.2025 |
0.03 (Quarterly) |
21.10.2024 |
22.10.2024 |
31.10.2024 |
0.03 (Quarterly) |
22.7.2024 |
23.7.2024 |
1.8.2024 |
0.03 (Quarterly) |
22.4.2024 |
23.4.2024 |
3.5.2024 |
0.04 (Quarterly) |
29.1.2024 |
30.1.2024 |
8.2.2024 |
0.03 (Quarterly) |
23.10.2023 |
24.10.2023 |
2.11.2023 |
0.03 (Quarterly) |
24.7.2023 |
25.7.2023 |
3.8.2023 |
0.03 (Quarterly) |
24.4.2023 |
25.4.2023 |
4.5.2023 |
0.03 (Quarterly) |
30.1.2023 |
31.1.2023 |
9.2.2023 |
0.02 (Quarterly) |
24.10.2022 |
25.10.2022 |
3.11.2022 |
0.02 (Quarterly) |
25.7.2022 |
26.7.2022 |
4.8.2022 |
0.02 (Quarterly) |
2.5.2022 |
3.5.2022 |
12.5.2022 |
0.02 (Quarterly) |
2021 |
(-) |
||
2020 |
(-) |
||
29.7.2019 |
30.7.2019 |
8.8.2019 |
0.05 (Quarterly) |
22.5.2019 |
23.5.2019 |
6.6.2019 |
0.05 (Quarterly) |
31.5.2018 |
1.6.2018 |
13.6.2018 |
0.19 |
24.5.2017 |
26.5.2017 |
9.6.2017 |
0.17 |
17.6.2016 |
20.6.2016 |
5.7.2016 |
0.26 |
6.5.2015 |
7.5.2015 |
21.5.2015 |
0.14 |
18.6.2014 |
23.6.2014 |
3.7.2014 |
0.37 |
2013 |
(-) |
||
4.5.2012 |
8.5.2012 |
23.5.2012 |
0.20 |
4.5.2011 |
6.5.2011 |
20.5.2011 |
0.40 |
7.5.2010 |
11.5.2010 |
25.5.2010 |
0.40 |
24.4.2009 |
28.4.2009 |
13.5.2009 |
0.40 |
9.5.2008 |
13.5.2008 |
27.5.2008 |
0.53 |
4.5.2007 |
8.5.2007 |
24.5.2007 |
0.43 |
31.3.2006 |
4.4.2006 |
21.4.2006 |
0.37 |
8.4.2005 |
12.4.2005 |
22.4.2005 |
0.33 |
26.3.2004 |
30.3.2004 |
16.4.2004 |
0.30 |
28.3.2003 |
1.4.2003 |
16.4.2003 |
0.28 |
22.3.2002 |
26.3.2002 |
9.4.2002 |
0.27 |
22.3.2001 |
26.3.2001 |
3.4.2001 |
0.28 |
23.3.2000 |
27.3.2000 |
4.4.2000 |
0.20 |
* Dividend amounts split adjusted and converted, as applicable, into Euros by using fixed exchange rate 1 Euro = 5.94573 FIM
New York Stock Exchange
US ex-date |
Record Date |
Payment date |
Amount (USD)** |
|---|---|---|---|
07/22/2024 |
02/04/2025 |
02/18/2025 |
0.0312 (Quarterly) |
10/21/2024 |
10/22/2024 |
11/05/2024 |
0.0326 (Quarterly) |
07/22/2024 |
07/23/2024 |
08/06/2024 |
0.0324 (Quarterly) |
04/22/2024 |
04/23/2024 |
05/08/2024 |
0.0431 (Quarterly) |
1/29/2024 |
1/30/2024 |
2/13/2024 |
0.032 (Quarterly) |
10/23/2023 |
10/24/2023 |
11/7/2023 |
0.032 (Quarterly) |
7/24/2023 |
7/25/2023 |
8/8/2023 |
0.033 (Quarterly) |
4/24/2023 |
4/25/2023 |
5/9/2023 |
0.033 (Quarterly) |
1/30/2023 |
1/31/2023 |
2/14/2023 |
0.022 (Quarterly) |
10/24/2022 |
10/25/2022 |
11/8/2022 |
0.019 (Quarterly) |
7/25/2022 |
7/26/2022 |
8/9/2022 |
0.020 (Quarterly) |
5/2/2022 |
5/3/2022 |
5/17/2022 |
0.021 (Quarterly) |
2021 |
(-) |
||
2020 |
(-) |
||
7/29/2019 |
7/30/2019 |
8/13/2022 |
0.056 (Quarterly) |
5/22/2019 |
5/23/2019 |
6/11/2019 |
0.056 (Quarterly) |
5/31/2018 |
6/1/2018 |
6/18/2018 |
0.220 |
5/23/2017 |
5/26/2017 |
6/14/2017 |
0.190 |
6/16/2016 |
6/20/2016 |
7/12/2016 |
0.290 |
5/5/2015 |
5/7/2015 |
5/27/2015 |
0.159 |
6/18/2014 |
6/23/2014 |
7/9/2014 |
0.500 |
2013 |
(-) |
||
5/4/2012 |
5/8/2012 |
5/29/2012 |
0.255 |
5/4/2011 |
5/6/2011 |
5/20/2011 |
0.567 |
5/7/2010 |
5/11/2010 |
5/28/2010 |
0.488 |
4/24/2009 |
4/28/2009 |
5/18/2009 |
0.540 |
5/9/2008 |
5/13/2008 |
5/30/2008 |
0.834 |
5/4/2007 |
5/8/2007 |
5/30/2007 |
0.580 |
3/31/2006 |
4/4/2006 |
4/26/2006 |
0.456 |
4/8/2005 |
4/12/2005 |
4/29/2005 |
0.430 |
3/26/2004 |
3/30/2004 |
4/23/2004 |
0.358 |
3/28/2003 |
4/1/2003 |
4/23/2003 |
0.304 |
3/22/2002 |
3/26/2002 |
4/16/2002 |
0.237 |
3/22/2001 |
3/26/2001 |
4/10/2001 |
0.248 |
3/23/2000 |
3/27/2000 |
4/10/2000 |
0.192 |
** Amounts in the table are gross rates before any withhold taxes, tax relief fees, or cash dividend fees. All the amounts are also adjusted for stock splits.