Dividend policy

Nokian Tyres’ target is to deliver good returns to its shareholders and pay a dividend of at least 50% of its net earnings.

Dividend for the year 2022

The General Meeting decided that a dividend of EUR 0.35 per share shall be paid. The dividend was paid on May 11, 2023 to shareholders who were registered in the company’s shareholders’ register maintained by Euroclear Finland Oy on the dividend record date on April 28, 2023.

In addition, the General Meeting decided to authorize the Board of Directors to resolve on a dividend of a maximum of EUR 0.20 to be paid in December 2023. The Board of Directors will resolve on the matter in its meeting scheduled for October 31, 2023. The company will announce the Board of Directors’ decision on the possible second instalment and simultaneously confirm the relevant dividend record and payment date.  

Dividend history

  2022 2021 2020 2019 2018 2017
Dividend per share, eur 0.55 0.55 1.20 1.14  1.58  1.56
Dividend pay out ratio, % -43% 89% 193% 40% 74%  97%