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Data last updated: Oct 21, 2026
Snapshot (as of Oct 21, 2026): Nokia Oyj (NOK) pays a $0.14 annual dividend ($0.04 quarterly), yielding 1.81% at $9.02/share. Next ex-dividend date 2026-07-28. Source: Yahoo Finance, aggregated by MerryDiv.
Dividend Yield: 1.81%
Annual Dividend: $0.14 per share
Payout Ratio: 117.3%
Ex-Dividend Date: 2026-07-28
Dividend Frequency: quarterly
Sector: Technology
Years of Dividend History: 32
Nokia Oyj dividend income comes from a global network infrastructure company spanning mobile, fixed, and cloud domains. NOK currently pays a 1.47% dividend yield, with a trailing annual rate of $0.1400 per share paid quarterly. The next ex-dividend date is July 28, 2026. A beta of 0.794 means NOK stock moves less than the broader market, which appeals to income investors who prioritize lower volatility over a high headline yield.
Nokia Oyj pays out 81.7% of earnings as dividends, a payout ratio classified as high (above 75%). That level leaves limited cushion for earnings pressure, though Nokia's four operating divisions, including recurring licensing revenue through Nokia Technologies and software-driven Cloud and Network Services, provide some breadth of income sources. Nokia Oyj dividend safety is the key concern here: the payout ratio sits at the upper end of typical ranges, and any meaningful earnings decline would put the current $0.1400 annual rate under pressure.
Nokia Oyj dividend history shows a CAGR of -1.8% per year from 2002 to 2025. Per-share, that means the dividend moved from $0.2365 to $0.1569 over the full window (2026 is a partial year and excluded from this calculation). The largest annual increase in the window was 44.5% in 2008, but the history also contains at least one year-over-year decline exceeding 5%, which reflects how uneven the growth path has been. Three consecutive years of increases through 2025 represent the current positive streak, but the long-run trend is negative.
| Period | CAGR | From | To |
|---|---|---|---|
| 3-Year | +37.2% | $0.06 (2022) | $0.16 (2025) |
| 5-Year | -6.8% | $0.22 (2018) | $0.16 (2025) |
| 10-Year | -4.7% | $0.25 (2012) | $0.16 (2025) |
NOK stock fits dividend investors who want lower market sensitivity, not maximum income. The yield is low (below 2%), and at 1.47% it sits above the 5-year average of 1.12%, which means the current entry point offers a modestly better income rate than the historical norm. The trade-off is a payout ratio of 81.7% that leaves little room for error, paired with a long-run dividend CAGR of -1.8% that shows the per-share payment has shrunk over time. Nokia Oyj offers a below-market yield from a diversified technology infrastructure business, with the income level supported more by recent earnings than by a history of growth.
| Payment Date | Amount per Share |
|---|---|
| 2026-07-28 | $0.0462 |
| 2026-04-28 | $0.0471 |
| 2026-02-03 | $0.0356 |
| 2025-10-28 | $0.0346 |
| 2025-07-29 | $0.0466 |
| 2025-05-05 | $0.0445 |
| 2025-02-04 | $0.0312 |
| 2024-10-22 | $0.0326 |
| 2024-07-23 | $0.0324 |
| 2024-04-22 | $0.0431 |
| Year | Total Dividends |
|---|---|
| 2026 | $0.1289 |
| 2025 | $0.1569 |
| 2024 | $0.1404 |
| 2023 | $0.1195 |
| 2022 | $0.0607 |
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