
Nokia (NOKBF) Dividend
Nokia Oyj · Technology · Communication Equipment · quarterly payer
As of Nov 5, 2026, Nokia (NOKBF) pays a quarterly dividend, or $0.16 a year, a 1.94% yield at its $7.50 share price. It pays every quarter, usually in May, August and November. It has raised its dividend 3 years in a row and has a dividend safety grade of C.
Forward Yield
1.94%
Annual Dividend
$0.16
Payout Ratio
100%
5-Yr Growth
—
Ex-Date
Oct 26, 2026
Frequency
Quarterly
Key facts about NOKBF's dividend
Data as of · Source: SmarterDividends data
- As of Nov 5, 2026, Nokia Oyj (NOKBF) has a forward dividend yield of 1.94%, based on an annual dividend of $0.16 per share and a share price of $7.50.
- As of Nov 5, 2026, NOKBF's dividend safety grade from SmarterDividends is C (57 out of 100), which rates the dividend as borderline.
- By SmarterDividends' count, Nokia Oyj (NOKBF) has raised its dividend for 3 consecutive years as of Nov 5, 2026.
- NOKBF last cut its regular dividend in 2022.
- NOKBF's most recent ex-dividend date was Oct 26, 2026, for a dividend of $0.0340 per share.
- As of Nov 5, 2026, NOKBF pays out 100% of its trailing 12-month earnings as dividends (its payout ratio).
- As of Nov 5, 2026, NOKBF's 1.94% yield is 23% below its five-year average yield of 2.53%.
- As of Nov 5, 2026, SmarterDividends' blended fair-value estimate for NOKBF is $6.13 per share, 18% below the $7.50 share price, so NOKBF screens as overvalued.
- Nokia Oyj (NOKBF) pays its dividend quarterly, 4 times a year.
Cite this page
SmarterDividends, "NOKBF Dividend: Yield, Safety Grade & Next Ex-Date," updated Nov 5, 2026, https://smarterdividends.com/stocks/NOKBF
Is NOKBF a good dividend stock?
MixedNokia Oyj (NOKBF) pays a quarterly dividend yielding 1.94% ($0.16/yr), with 3 years of growth and a dividend-safety grade of C. The picture is mixed — the dividend pays, but safety or growth signals are weaker than ideal.
Advantages
- 54% total price return over 5 years
Risks
- Cut its dividend in 2022
- Elevated payout ratio (100%)
Key Data
- Dividend Yield
- 1.94%
- Payout Ratio
- 100%
- Annual Dividend
- $0.16
- 5-Yr Avg Growth
- —
- Ex-Dividend Date
- Oct 26, 2026
- Years of Growth
- 3
- Frequency
- quarterly
- Beta
- 0.75
- Market Cap
- $42.0B
- P/E Ratio
- 46.9
- 5-Yr Total Return
- 54%
- 52-Week Range
- $5.91 – $17.40
- Dividend Safety
- C · 57/100
- Ever Cut?
- Yes (2022)
NOKBF dividend changes
Nokia Oyj (NOKBF) pays a variable dividend: across the 24 payments on record since 2014, 7 were higher than the one before and 5 lower. The latest change was down 26.1% to $0.0340 per share, going ex-dividend on Oct 26, 2026.
| Ex-date | Change | Old → new | Move |
|---|---|---|---|
| Oct 26, 2026 | Lower | $0.0460 → $0.0340 | −26.1% |
| Jul 27, 2026 | Lower | $0.0470 → $0.0460 | −2.1% |
| Jul 28, 2025 | Higher | $0.0450 → $0.0470 | +4.4% |
| May 2, 2025 | Higher | $0.0310 → $0.0450 | +45.2% |
| Feb 3, 2025 | Lower | $0.0330 → $0.0310 | −6.1% |
| Jan 29, 2024 | Higher | $0.0320 → $0.0330 | +3.1% |
| Oct 23, 2023 | Lower | $0.0330 → $0.0320 | −3.0% |
| Apr 24, 2023 | Higher | $0.0220 → $0.0330 | +50.0% |
| Jan 30, 2023 | Higher | $0.0200 → $0.0220 | +10.0% |
| May 22, 2019 | Lower | $0.222 → $0.0560 | −74.8% |
| May 31, 2018 | Higher | $0.190 → $0.222 | +16.8% |
| May 24, 2017 | Higher | $0.157 → $0.190 | +21.0% |
Frequently Asked Questions
Is NOKBF a good dividend stock?
Mixed. Nokia Oyj (NOKBF) pays a quarterly dividend yielding 1.94% ($0.16/yr), with 3 years of growth and a dividend-safety grade of C. The picture is mixed — the dividend pays, but safety or growth signals are weaker than ideal.
Is NOKBF undervalued?
Based on a blend of discounted cash flow, a dividend-discount model and an earnings-multiple estimate, NOKBF's fair value is about $6.13 versus a $7.50 share price — so it looks overvalued (-18% vs. fair value).
Is NOKBF's dividend safe?
NOKBF has a dividend-safety grade of C (57/100), based on its payout coverage, free-cash-flow, 3-year growth streak, a dividend cut in 2022, debt and yield-versus-history.
What is NOKBF's fair value?
Our blended fair-value estimate for NOKBF is about $6.13 per share, about 18% below the current $7.50 price — combining a discounted cash flow, a dividend-discount model and an earnings multiple.
Is NOKBF a buy, hold, or sell?
We don't issue formal ratings, but on the data NOKBF screens as "mixed" and overvalued. Nokia Oyj (NOKBF) pays a quarterly dividend yielding 1.94% ($0.16/yr), with 3 years of growth and a dividend-safety grade of C. The picture is mixed — the dividend pays, but safety or growth signals are weaker than ideal. This is research for your own analysis, not investment advice.
Will NOKBF cut its dividend?
NOKBF earns a dividend-safety grade of C (57/100), and has cut its dividend before (last in 2022). A higher score means lower cut risk based on payout coverage, cash flow and history — but no score guarantees a dividend.
Does NOKBF pay a dividend?
Yes. Nokia Oyj pays a quarterly dividend of about $0.16 per share annually, a forward yield of roughly 1.94%.
How much dividend does 100 shares of NOKBF pay?
At $0.16 per share a year, 100 shares of NOKBF pay $16.00 a year in dividends before tax, about $4.00 each quarter. Buying them costs about $750 at the Nov 5, 2026 price.
What is NOKBF's dividend yield?
As of Nov 5, 2026, NOKBF's forward dividend yield is 1.94%, based on a $0.16 annual dividend and a $7.50 share price.
What is NOKBF's dividend per share?
As of Nov 5, 2026, NOKBF pays $0.16 per share per year, distributed on a quarterly basis.
What is NOKBF's dividend payout ratio?
As of Nov 5, 2026, NOKBF's payout ratio is 100% of trailing 12-month earnings — an elevated level worth watching, as it leaves less cushion if earnings dip.
How many years has NOKBF grown its dividend?
As of Nov 5, 2026, NOKBF has increased its dividend for 3 consecutive years.
When is the next NOKBF ex-dividend date?
As of Nov 5, 2026, NOKBF's next ex-dividend date hasn't been announced. The most recent was Oct 26, 2026, for $0.0340 per share.
NOKBF Price — Last 12 Months
Daily close
Price Return
1 Year
+42%
3 Years
+147%
5 Years
+54%
52-Week Range
$5.91 – $17.40
Price change over each period (excludes dividends). Past performance doesn't guarantee future results.
What is NOKBF worth?
Overvaluedmedium confidenceOur blended fair-value estimate for Nokia Oyj is $6.13 per share, versus a market price of $7.50. That implies 18% of downside.
Fair Value
$6.13
Current Price
$7.50
Downside
-18%
Margin of Safety
-22%
How we get there
Discounted cash flow
Discounts projected free cash flow back to today.
Dividend discount
Discounts the future dividend stream back to today.
Earnings multiple (Graham)
Graham's earnings-multiple formula, anchored to bond yields.
At today's price, the market is pricing in about 12.7% annual free-cash-flow growth. We model 12.0% — so the price already assumes faster growth than we think is likely.
Assumptions: 8.0% discount rate (CAPM), 12.0% growth for five years fading to 2.5% over the next five, $0.16 EPS, $0.16 annual dividend. Updated weekly.
Fair-value estimates are model output for educational purposes only — not investment advice or a price target.
NOKBF Dividend Safety Score
Borderline
SmarterDividends' proprietary score, backtested against which dividends were actually cut over 15+ years (0.78 AUC). It blends a validated cut-risk model (growth streak, cut history) with current payout, cash-flow and debt. Higher is safer · not investment advice.
Dividend Growth
Total dividends per share by year
Dividend History
Full NOKBF dividend history →| Ex-Date | Pay Date | Amount | Type |
|---|---|---|---|
| Oct 26, 2026 | Nov 5, 2026 | $0.0340 | regular |
| Jul 27, 2026 | — | $0.0460 | regular |
| Apr 27, 2026 | — | $0.0470 | regular |
| Jul 28, 2025 | — | $0.0470 | regular |
| May 2, 2025 | — | $0.0450 | regular |
| Feb 3, 2025 | — | $0.0310 | regular |
| Oct 21, 2024 | — | $0.0330 | regular |
| Jul 22, 2024 | — | $0.0330 | regular |
| Apr 22, 2024 | May 3, 2024 | $0.0430 | regular |
| Jan 29, 2024 | Feb 8, 2024 | $0.0330 | regular |
| Oct 23, 2023 | Nov 2, 2023 | $0.0320 | regular |
| Jul 24, 2023 | Aug 3, 2023 | $0.0330 | regular |
| Apr 24, 2023 | May 4, 2023 | $0.0330 | regular |
| Jan 30, 2023 | Feb 9, 2023 | $0.0220 | regular |
Income Calculator
At $0.16 / yr per share
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