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Is Nokia paying dividend in 2022?

Is Nokia paying dividend in 2022?

On 28 April 2022, the Board resolved to distribute a dividend of EUR 0.02 per share. The dividend record date is on 3 May 2022 and the dividend will be paid on 12 May 2022….New York Stock Exchange.

Preliminary ex-date Preliminary record date Preliminary payment date
24 October 2022 25 October 2022 8 November 2022

Did Nokia declare a dividend in 2021?

Nokia is proposing 0.08 euro dividend per share for 2021 and a share buyback of up to 600 million euros.

What is the dividend yield of Nokia?

The current dividend yield for Nokia as of April 14, 2022 is 0.00%.

When did Nokia last pay a dividend?

NOKIA’s last dividend payment date was on 2019-08-13, when NOKIA shareholders who owned NOK shares before 2019-07-29 received a dividend payment of $0.0560 per share.

Did Nokia suspend its dividend?

Nokia, which suspended its dividend in 2019 even before the Covid-19 pandemic, said it will now provide shareholders with 8 euro cents per share for 2021. The company also announced plans to repurchase 600 million euros worth of its own stock in the coming year.

Is NOK a good stock to buy 2022?

Jefferies has started coverage of Nokia (NOK +0.6%) at a Buy, expecting a strong year for European telecom equipment even with some pressure easing off global wireless spending further in the future.

Did Nokia reinstate dividend?

Nokia on Thursday reinstated its quarterly dividend, launched a share buyback program and introduced new, long-term goals as the Finnish telecom equipment maker starts to see its turnaround strategy pay off.

Is Nokia a good stock to buy now?

Nokia (NOK) is a stock many investors are watching right now. NOK is currently sporting a Zacks Rank of #2 (Buy) and an A for Value. The stock holds a P/E ratio of 11.97, while its industry has an average P/E of 14.25.

Should I invest in Nokia?

When paired with a high Zacks Rank, “A” grades in the Value category are among the strongest value stocks on the market today. Nokia (NOK) is a stock many investors are watching right now. NOK is currently sporting a Zacks Rank of #2 (Buy) and an A for Value.

Does Nokia have a future?

Nokia has set a long-term target to boost revenue faster than the market. Analysts expect the company to post sales of €23.3 billion this year and €23.7 billion in 2023, both beating revenue of €22.2 billion last year.

What is Nokia target price?

Consensus Analyst Price Target

High Price Target $8.00
Average Price Target $7.23
Low Price Target $5.42

Should you invest in Nokia?

Is Nokia a good stock to buy?

Why is Nokia buying back shares?

Some want to get cash, and others want to stay invested in Nokia. Combination of dividends and share buybacks is used to strike the right balance. A share buyback reduces the number of shares outstanding and increases the proportional rights of any single share.

Is Nokia a long term stock?

Therefore, NOK stock is an excellent long-term investment in the 5G space.

Does Nokia stock pay a dividend?

Nokia pays a dividend 1 times a year. The payment month is May. The dividend calendar shows you for more than 1,000 dividend stocks in which month which company distributes its dividends.

What does Nokia’s update to its dividend policy say?

Today, Nokia also updated its dividend policy. It is 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.

What is the dividend yield of Nokia Oyj?

Nokia Oyj (NYSE:NOK) Dividend Information. Nokia Oyj pays an annual dividend of $0.05 per share, with a dividend yield of 0.96%.

Why did Nokia restart its dividend and buyback programme?

HELSINKI (Reuters) – Nokia on Thursday restarted its quarterly dividend and initiated a share buyback programme after reporting fourth-quarter comparable operating earnings above markets estimates as the Finnish telecoms equipment maker kept costs in check.

Why did Nokia change its CEO in 2020?

A slew of technology missteps in the early stages of 5G rollout pushed Nokia behind its rivals, prompting a change in management. Since Pekka Lundmark took over as CEO in 2020, he found ways to cut costs and increase spending on research.