Dividend Growth of Nokia Corporation(NOK)

Nokia Corporation(NOK) is having a Dividend Yield of 4.05% with the Annual cash Dividend per share of $0.2. Nokia Corporation has a 5 year average dividend yield of 3.08% and the stock has a Indicated annual dividend of $0.2. Nokia Corporation(NOK) formally announced its most recent dividend on July 6, 2016 with a Dividend per share of $0.2. The new indicated annual dividend based on announced dividend per share is $0.2. The dividend yield based on the forward looking indicated annual dividend is 4.06%. Nokia Corporation(NOK) has the most recent dividend payout ratio of 0.81 with a 5-year average payout ratio of 0.66. Companys change in pay out ratio when compared to the last 5 years average pay out ratio has been 0.15. The 5 year historical dividend growth of Nokia Corporation(NOK) is at the rate of -1.45% while the R-Squared dividend growth is 0. If the value of R-Square is close to one, it indicates a perfect fit and the higher value conforms to the regression line while data close to zero indicates the opposite.

Nokia Corporation (NYSE:NOK) rose 1.4% or 0.07 points on Thursday and made its way into the gainers of the day. After trading began at $5.05 the stock was seen hitting $5.09 as a peak level and $5.04 as the lowest level. The stock ended up at $5.07. The daily volume was measured at 14,644,480 shares. The 52-week high of the share price is $6.31 and the 52-week low is $4.04. The company has a market cap of $29,589 million. Shares of Nokia Corporation rose by 3.68% in the last five trading days and 8.1% for the last 4 weeks. Nokia Corporation is up 22.46% in the last 3-month period. Year-to-Date the stock performance stands at 5.41%.

Institutional Investors own 5.71% of Nokia Corporation shares. Several Stock Research Financial Advisors from Investment Banking firms have advised their client and investors on the stock.Nokia Corporation (ADR) was Upgraded by Charter Equity to Mkt Perform on Feb 13, 2017. Nokia Corporation (ADR) was Upgraded by Morgan Stanley to Overweight on Feb 7, 2017. Nokia Corporation (ADR) was Downgraded by Danske Bank to Sell on Jan 25, 2017. Nokia Corporation (ADR) was Upgraded by Natixis Bleichroeder to Buy on Jan 13, 2017. Nokia Corporation (ADR) was Downgraded by Oppenheimer to Perform on Jan 3, 2017.

Nokia Corporation (ADR) Last issued its quarterly earnings results on Feb 2, 2017. The company reported $0.12 EPS for the quarter, beating the analyst consensus estimate by $ 0.05. Analyst had a consensus of $0.07. The company had revenue of $6715.00 million for the quarter, compared to analysts expectations of $6764.97 million. The companys revenue was down -13.0 % compared to the same quarter last year.During the same quarter in the previous year, the company posted $0.15 EPS.

Nokia is the world leader in mobile communications. Backed by its experience, innovation, user-friendliness and secure solutions, the company has become the leading supplier of mobile phones and a leading supplier of mobile, fixed and IP networks. By adding mobility to the Internet Nokia creates new opportunities for companies and further enriches the daily lives of people. Nokia is a broadly held company with listings on six major exchanges.


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