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 2025
The Board of Directors proposes to the Annual General Meeting, which is scheduled on Thursday 9 April 2026, to be authorized to resolve in its discretion 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 would be used to distribute dividend and/or assets from the reserve for invested unrestricted equity in four installments during the period of validity of the authorization unless the Board of Directors decides otherwise for a justified reason. The authorization would be valid until the opening of the next Annual General Meeting.
The Board would make separate resolutions on the amount and timing of each distribution of the dividend and/or assets from the reserve for invested unrestricted equity with the preliminary record and payment dates set out below. The Company shall make a separate announcement of each such Board resolution and, in connection therewith, confirm the record and payment date for such distribution.
Preliminary record date |
Preliminary payment date |
|---|---|
28 April 2026 |
7 May 2026 |
28 July 2026 |
6 August 2026 |
27 October 2026 |
5 November 2026 |
2 February 2027 |
9 February 2027 |
Dividend from the financial year 2024
Under the authorization by the Annual General Meeting held on 29 April 2025, the Board of Directors was 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.
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.
On 24 July 2025, the Board resolved to distribute a dividend of EUR 0.04 per share. The dividend record date was 29 July 2025 and the dividend was paid on 7 August 2025.
On 23 October 2025, the Board resolved to distribute a dividend of EUR 0.03 per share. The dividend record date was 28 October 2025 and the dividend was paid on 6 November 2025.
On 29 January 2026, the Board resolved to distribute a dividend of EUR 0.03 per share. The dividend record date is 3 February 2026 and the dividend will be paid on 12 February 2026.
Following this announced distribution of the fourth installment and executed payments of the previous installments, the Board has no remaining distribution authorization.
Nasdaq Helsinki
Installment |
Ex-date |
Record date |
Payment date |
Dividend paid |
|---|---|---|---|---|
1st |
2 May 2025 |
5 May 2025 |
12 May 2025 |
EUR 0.04 |
2nd |
28 July 2025 |
29 July 2025 |
7 August 2025 |
EUR 0.04 |
3rd |
27 October 2025 |
28 October 2025 |
6 November 2025 |
EUR 0.03 |
4th |
2 February 2026 |
3 February 2026 |
12 February 2026 |
EUR 0.03 |
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 |
2nd |
28 July 2025 |
29 July 2025 |
12 August 2025 |
USD 0.0466 |
3rd |
27 October 2025 |
28 October 2025 |
12 November 2025 |
USD 0.0346 |
4th |
2 February 2026 |
3 February 2026 |
18 February 2026 |
USD 0.03588 |
* 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).
Nasdaq Helsinki
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)** |
|---|---|---|---|
02/03/2025 |
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.