Dividend

Distribution target

The dividend is the principal method of distributing earnings to shareholders. Over the long term, Nokia targets to deliver an earnings-based growing dividend by distributing approximately 40% to 70% of non-IFRS diluted EPS, taking into account Nokia’s cash position and expected cash flow generation.

 

Distribution of funds for the fiscal year 2018

The Annual General Meeting (AGM) of Nokia Corporation was held on May 21, 2019. The AGM authorized the Board of Directors to resolve on the distribution of an aggregate maximum of EUR 0.20 per share as dividend. Beginning with the distribution for 2018, Nokia plans to pay dividends in quarterly installments, in accordance with the schedule below. In addition, Nokia has implemented a dividend fee of USD 0.0025 per quarterly installment for American Depository Receipt (ADR) holders.
 

Helsinki Stock Exchange

Ex-date

Record Date

Payable date in Finland

Amount (EUR)

 

3.2.2020*

4.2.2020*

13.2.2020*

[]**

4th installment for 2018

28.10.2019*

29.10.2019*

7.11.2019*

[]**

3rd installment for 2018

29.7.2019*

30.7.2019*

8.8.2019*

[]**

2nd installment for 2018

22.5.2019

23.5.2019

6.6.2019

0.05

1st installment for 2018 

* Preliminary dates
** The Board will make separate resolutions on each distribution and such resolutions will be separately disclosed in connection with our financial reports for Q2/19, Q3/19, and Q4/19

 

New York Stock Exchange

US ex-date*

Record Date

Payable date

Amount (USD)**

 

2/3/2020**

2/4/2020**

2/19/2020**

[]***

4th installment for 2018

10/28/2019**

10/29/2019**

11/13/2019**

[]***

3rd installment for 2018

7/29/2019**

7/30/2019**

8/13/2019**

[]***

2nd installment for 2018

5/22/2019

5/23/2019

6/11/2019

0.056

1st installment for 2018 

* The ex-date for shares listed in the New York Stock Exchange is set by the New York Stock Exchange Rules
 ** Preliminary dates
*** The Board will make separate resolutions on each distribution and such resolutions will be separately disclosed in connection with our financial reports for Q2/19, Q3/19, and Q4/19

 

Dividend history

Helsinki Stock Exchange

Ex-date

Record Date

Payable date in Finland

Amount (EUR)*

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

0.260

6.5.2015

7.5.2015

21.5.2015

0.140

18.6.2014

23.6.2014

3.7.2014

0.370

2013

 

 

0.000

4.5.2012

8.5.2012

23.5.2012

0.200

4.5.2011

6.5.2011

20.5.2011

0.400

7.5.2010

11.5.2010

25.5.2010

0.400

24.4.2009

28.4.2009

13.5.2009

0.400

9.5.2008

13.5.2008

27.5.2008

0.530

4.5.2007

8.5.2007

24.5.2007

0.430

31.3.2006

4.4.2006

21.4.2006

0.370

8.4.2005

12.4.2005

22.4.2005

0.330

26.3.2004

30.3.2004

16.4.2004

0.300

28.3.2003

1.4.2003

16.4.2003

0.280

22.3.2002

26.3.2002

9.4.2002

0.270

22.3.2001

26.3.2001

3.4.2001

0.280

23.3.2000

27.3.2000

4.4.2000

0.200

18.3.1999

22.3.1999

30.3.1999

0.121

25.3.1998

27.3.1998

3.5.1998

0.079

26.3.1997

2.4.1997

7.4.1997

0.037

3.4.1996

9.4.1996

16.4.1996

0.032

31.3.1995

5.4.1995

10.4.1995

0.026

18.4.1994

13.4.1994

18.4.1994

0.007

19.4.1993

7.4.1993

19.4.1993

0.005

3.4.1992

3.4.1992

3.4.1992

0.005

5.4.1991

5.4.1991

5.4.1991

0.007

3.4.1990

3.4.1990

3.4.1990

0.007

5.4.1989

5.4.1989

5.4.1989

0.008

* 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 Payable date

Amount (USD)**

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

 

 

0.000

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

3/18/1999

3/22/1999

4/7/1999

0.129

3/25/1998

3/27/1998

4/10/1998

0.083

3/27/1997

4/1/1997

4/15/1997

0.043

4/4/1996

4/9/1996

4/23/1996

0.040

3/30/1995

4/5/1995

4/17/1995

0.036

* The ex-date for shares listed in the New York Stock Exchange is set by the New York Stock Exchange Rules
** Dividend amounts split adjusted