Nokia (NOK) Dividend Coverage Ratio (2009 - 2024)
Nokia's (NOK) quarterly Dividend Coverage Ratio came in at 1.93 in Q2 2024, down 11.08% year-over-year from 2.17 in Q3 2023, and down 117.0% quarter-over-quarter from 0.89 in Q4 2023.
Analysis
Nokia (NOK) Dividend Coverage Ratio (2009 - 2024) Analysis & Trends
Nokia has disclosed Dividend Coverage Ratio across 16 years of filings, most recently posting 1.93 for Q2 2024.
- In Q2 2024, Dividend Coverage Ratio fell 11.08% year-over-year to 1.93; the TTM figure through Jun 2024 stood at 1.35 (up 65.81% YoY), while the FY2025 annual figure was 0.86, up 51.44% from the prior year.
- Dividend Coverage Ratio came in at 1.93 for Q2 2024 at Nokia, down from 0.89 in the prior quarter.
- In the past five years, Dividend Coverage Ratio ranged from a high of 24.35 in Q4 2020 to a low of 454.0 in Q3 2021.
- Average Dividend Coverage Ratio over 5 years is 89.9, with a median of 2.21 recorded in 2024.
- Year-over-year, Dividend Coverage Ratio slumped 29994.57% in 2020 and surged 95.77% in 2022.
- Over 5 years, Dividend Coverage Ratio stood at 24.35 in 2020, then plunged by 342.79% to 59.11 in 2021, then surged by 95.77% to 2.5 in 2022, then surged by 64.42% to 0.89 in 2023, then slumped by 117.0% to 1.93 in 2024.
- Per Business Quant data, the three most recent Dividend Coverage Ratio figures were 1.93 in Q2 2024, 0.89 in Q4 2023, and 1.74 in Q2 2023.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Div. Cover (Qtr) |
|---|---|---|---|---|---|
| 1 | Asml Holding | 660.95 Bn | 645.44 Bn | 5.90 Bn | - |
| 2 | Hsbc Holdings | 367.89 Bn | 367.94 Bn | - | - |
| 3 | General Electric | 349.68 Bn | 340.56 Bn | 6.95 Bn | 4.82 |
| 4 | Astrazeneca | 252.14 Bn | 246.93 Bn | 12.86 Bn | -2,507.00 |
| 5 | Citigroup | 231.03 Bn | -2,068.84 Bn | 24.75 Bn | - |
| 6 | Bhp | 229.70 Bn | 211.16 Bn | - | 0.16 |
| 7 | Diageo | 216.99 Bn | 217.04 Bn | - | - |
| 8 | Rio Tinto | 206.31 Bn | 201.93 Bn | - | - |
| 9 | Ferrari | 152.22 Bn | 150.47 Bn | 1.18 Bn | - |
| 10 | Nokia | 57.71 Bn | 51.06 Bn | 3.40 Bn | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2024 | -1.93 |
| Dec 31, 2023 | -0.89 |
| Jun 30, 2023 | -1.74 |
| Dec 31, 2022 | -2.50 |
| Dec 31, 2021 | -59.11 |
| Sep 30, 2021 | -454.00 |
| Dec 31, 2020 | 24.35 |
| Sep 30, 2020 | -100.00 |
| Jun 30, 2020 | -311.00 |
| Mar 31, 2020 | 7.80 |
| Sep 30, 2019 | -0.82 |
| Jun 30, 2019 | 1.04 |
| Mar 31, 2019 | 446.00 |
| Sep 30, 2018 | 2.36 |
| Jun 30, 2018 | 0.29 |
| Mar 31, 2018 | 23.40 |
| Sep 30, 2017 | 0.07 |
| Jun 30, 2017 | -0.02 |
| Sep 30, 2016 | 0.00 |
| Jun 30, 2015 | -0.04 |