Nokia Declares €0.03 Quarterly Dividend with 2.1% Yield
Written by Emily J. Thompson, Senior Investment Analyst
Updated: 1h ago
0mins
Source: seekingalpha
- Quarterly Dividend Announcement: Nokia has declared a quarterly dividend of €0.03 per share, payable on February 12, with a record date of February 3 and an ex-dividend date also on February 3, demonstrating the company's ongoing commitment to maintaining stable cash flows.
- Dividend Yield: The forward yield of 2.1% reflects Nokia's commitment to shareholder returns in the current market environment, providing investors with a relatively stable income source amidst market fluctuations.
- Financial Performance: Nokia reported a non-GAAP EPS of €0.16, missing expectations by €0.01, while revenue reached €6.13 billion, exceeding forecasts by €40 million, indicating strong revenue growth despite slightly disappointing profitability metrics.
- Future Outlook: Nokia has initiated its FY26 outlook, signaling momentum in its AI and cloud strategies, which are expected to drive future growth and enhance profitability as the company adapts to evolving market demands.
Analyst Views on NOK
Wall Street analysts forecast NOK stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for NOK is 7.36 USD with a low forecast of 6.50 USD and a high forecast of 8.50 USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
7 Analyst Rating
5 Buy
2 Hold
0 Sell
Moderate Buy
Current: 6.940
Low
6.50
Averages
7.36
High
8.50
Current: 6.940
Low
6.50
Averages
7.36
High
8.50
About NOK
Nokia Oyj is a Finland-based company engaged in the network and Internet protocol (IP) infrastructure, software, and related services market. The Company's businesses include Nokia Networks and Nokia Technologies. The Company's segments include Ultra Broadband Networks, IP Networks and Applications, and Nokia Technologies. The Ultra Broadband Networks segment comprises Mobile Networks and Fixed Networks operating segments. The IP Networks and Applications segment comprises IP/Optical Networks and Applications & Analytics operating segments. The Applications & Analytics operating segment offers software solutions spanning customer experience management, network operations and management, communications and collaboration, policy and charging, as well as Cloud, Internet of things (IoT), security, and analytics platforms that enable digital services providers and enterprises to accelerate and optimize their customer experience. The Company has Comptel Oyj among its subsidiaries.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
