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 proposal for the year 2023

The Board of Directors proposes to the Nokian Tyres Annual General meeting to be held on April 30, 2024 that a dividend of EUR 0.35 per share shall be paid to the shareholders who are registered in the shareholder register maintained by Euroclear Finland Oy on the dividend record date of May 2, 2024. The payment date proposed by the Board of Directors is May 15, 2024.

In addition, it is proposed that the Annual General Meeting would authorize the Board of Directors to decide on dividend payment of a maximum of EUR 0.20 per share to be distributed in December. This shall be decided by the Board of Directors in its meeting scheduled for October 29, 2024. The company will publish the Board decision on the possible second dividend payment separately, and at the same time confirm the pertinent record and payment dates.

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%