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. The annual distribution would be paid as quarterly dividends.
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 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) |
|
|
- |
- |
- |
0.00* |
4th instalment for 2018 |
|
- |
- |
- |
0.00* |
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 |
* On October 24, 2019, the Board resolved to not distribute the third and fourth quarterly instalments of the dividend for the financial year 2018. Further details in Nokia´s Interim Report for Q3 and January-September 2019.
New York Stock Exchange
|
US ex-date* |
Record Date |
Payable date |
Amount (USD) |
|
|
- |
- |
- |
0.00* |
4th instalment for 2018 |
|
- |
- |
- |
0.00* |
3rd instalment for 2018 |
|
7/29/2019 |
7/30/2019 |
8/13/2019 |
0.056 |
2nd instalment for 2018 |
|
5/22/2019 |
5/23/2019 |
6/11/2019 |
0.056 |
1st instalment for 2018 |
* On October 24, 2019, the Board resolved to not distribute the third and fourth quarterly instalments of the dividend for the financial year 2018. Further details in Nokia´s Interim Report for Q3 and January-September 2019.
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