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 instalments, in accordance with the schedule below. In addition, Nokia has implemented a dividend fee of USD 0.0025 per quarterly instalment 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 instalment for 2018 |
|
28.10.2019* |
29.10.2019* |
7.11.2019* |
[]** |
3rd instalment for 2018 |
|
29.7.2019 |
30.7.2019 |
8.8.2019 |
0.05 |
2nd instalment for 2018 |
|
22.5.2019 |
23.5.2019 |
6.6.2019 |
0.05 |
1st instalment 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 instalment for 2018 |
|
10/28/2019** |
10/29/2019** |
11/13/2019** |
[]*** |
3rd instalment for 2018 |
|
7/29/2019 |
7/30/2019 |
8/13/2019 |
[]*** |
2nd instalment for 2018 |
|
5/22/2019 |
5/23/2019 |
6/11/2019 |
0.056 |
1st instalment 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