Nokia (NOK) Suspends Dividend for FY13; Approves 370M Buyback Plan
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Nokia (NOK) May Skip Dividend Payout Again for FY13, Analysts Say
February 4, 2013 7:46 AM ESTNokia (NYSE: NOK) may look to conserve cash again after suspending its dividend for 2012 as it looks to put more behind growing smartphone market share amid increasing competition.
According to Bloomberg analysts, Nokia might cut its dividend for 2013. The analysts were previously... More
Nokia (NOK) Cuts Dividend, Battens-Down Hatches, and Ekes Out Q4 Profit
January 24, 2013 9:35 AM ESTNokia (NYSE: NOK) reported strong fourth-quarter results earlier Thursday, though investors might be taking a little off the top following preliminary numbers released on January 10th. Since then, shares have risen over 23 percent.
In 2012 Nokias cash position declined by 1.2 billion to 4.4 billion, and in an effort to conserve cash the Finnish company today suspended its dividend for the first time in a more than a century.
In Q4 Nokia reported... More
