Is Nokia Oyj a good dividend stock?

Nokia Oyj (NOK) is a dividend-paying stock with a current dividend yield of 1.46%. Review its dividend history, payout consistency and growth to judge whether it fits your income strategy.

What is NOK's dividend yield?

The dividend yield for NOK stock is currently 1.46%.

How much does NOK pay in dividends per year?

Nokia Oyj pays an annual dividend of $0.1639 per share over the trailing twelve months.

How often does NOK pay dividends?

NOK stock pays dividends quarterly.

Is NOK's dividend growing?

Nokia Oyj's 3-year dividend CAGR is 20.14%.

NOK Stock Price, Chart, Stats & News

Nokia Oyj

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Overview Dividend safety Dividends Fundamentals

Nokia Oyj (NOK) is a dividend-paying stock with a current dividend yield of 1.46% as of Jul 15, 2026. It pays $0.1639 per share over the trailing twelve months and distributes quarterly.

60.73B

Market cap

28.83x

Current P/E

31.15x

Forward P/E

1.46%

Dividend yield

$0.1639

NOK dividend

Dividend safety

Strong

Dividend coverage looks healthy — NOK pays out about 42% of earnings.

See the safety analysis

NOK chart

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Fundamentals

Gross margin	42.08%
Operating margin	8.28%
Pretax margin	4.60%
Net margin	3.16%
Effective tax rate	30.27%
ROA	1.61%
ROE	2.98%
D/E	0.25x
Interest coverage ratio	–

All financials

NOK valuation

P/E	28.83x
P/S	1.96x
P/B	1.79x
P/CF	17.14x
P/FCF	24.11x
P/OCF	17.14x
PEG	-2.29x
EV multiple	19.42x

About

Technology

Sector

Communication Equipment

Industry

Nokia Oyj stands as a global technology leader, delivering comprehensive network infrastructure and solutions across mobile, fixed, and cloud domains. Its operations are structured into four primary divisions: Mobile Networks, Network Infrastructure, Cloud and Network Services, and Nokia Technologies. The Mobile Networks segment furnishes radio access network technologies, spanning from 2G to 5G, alongside crucial microwave radio links for transport.