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 2023

Nokian Tyres' Annual General Meeting 2024 decided that a dividend of EUR 0.35 per share shall be paid for the financial year 2023. The dividend shall be paid on May 15, 2024 to shareholders who are registered in the Company’s shareholders’ register maintained by Euroclear Finland Oy on the dividend record date on May 2, 2024.

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 2024. The Board of Directors will resolve on the matter in its meeting scheduled for October 29, 2024. 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

  2023 2022 2021 2020 2019
Dividend per share, eur 0.55 0.55 0.55 1.20 1.14
Dividend pay out ratio, % -23% -43% 89% 193% 40%