Nokia Oyj Dividend
Dividend criteria checks 4/6
Nokia Oyj is a dividend paying company with a current yield of 3.77% that is well covered by earnings.
Key information
3.8%
Dividend yield
88%
Payout ratio
Industry average yield | 2.8% |
Next dividend pay date | n/a |
Ex dividend date | n/a |
Dividend per share | n/a |
Earnings per share | US$0.15 |
Dividend yield forecast in 3Y | 4.9% |
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: NOK's dividend payments have been volatile in the past 10 years.
Growing Dividend: NOK's dividend payments have increased over the past 10 years.
Dividend Yield vs Market
Nokia Oyj Dividend Yield vs Market |
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Segment | Dividend Yield |
---|---|
Company (NOK) | 3.8% |
Market Bottom 25% (US) | 1.5% |
Market Top 25% (US) | 4.7% |
Industry Average (Communications) | 2.8% |
Analyst forecast in 3 Years (NOK) | 4.9% |
Notable Dividend: NOK's dividend (3.77%) is higher than the bottom 25% of dividend payers in the US market (1.54%).
High Dividend: NOK's dividend (3.77%) is low compared to the top 25% of dividend payers in the US market (4.74%).
Earnings Payout to Shareholders
Earnings Coverage: At its current payout ratio (88.4%), NOK's payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonably low cash payout ratio (40.6%), NOK's dividend payments are well covered by cash flows.