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 2020
Nokian Tyres’ Annual General Meeting decided on March 30, 2021 that a dividend of EUR 1.20 per share shall be paid from the financial year January 1–December 31, 2020. The dividend will be paid in two instalments as follows:
- The first instalment of EUR 0.60 per share was paid on April 15, 2021 to the shareholders who were registered in the company’s shareholders’ register maintained by Euroclear Finland Oy on the dividend record date on April 1, 2021.
- The second instalment of EUR 0.60 per share shall be paid in December 2021 to shareholders who are registered in the Company’s shareholders’ register maintained by Euroclear Finland Oy on the dividend record date, which, together with the payment date, will be decided by the Board of Directors in its meeting scheduled for November 2, 2021. The dividend record date for the second instalment would be November 4, 2021 and the dividend payment date December 9, 2021 at the latest. The company will announce the decision by the Board of Directors on the record date and payment date of the second instalment separately.
|Dividend per share, eur||1.20||1.14||1.58||1.56||1.53||1.50|
|Dividend pay out ratio, %||193%||40%||74%||97%||83%||84%|