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 for the financial year 2022. The dividend was paid on May 11, 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. In October 2023, the Board of Directors decided that a second dividend installment of EUR 0.20 per share will be paid to shareholders who are registered in the company’s shareholders’ register maintained by Euroclear Finland Oy on the dividend record date of November 2, 2023. The dividend payment date is December 5, 2023.
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% |