The former industrial conglomerate now turned communication technology company Nokia (NOK 4.75%) has suspended its dividend. While shares were down initially on the news as Nokia's earnings report was released, investors have to remember that shares popped earlier this month when we got a sneak peek at what would be in that earnings report. This pullback still leaves shares up for the month. In this video, Motley Fool tech and telecom analyst Eric Bleeker tells us why he supports Nokia's decision to suspend its dividend as it focuses on reinventing itself in the increasingly competitive smartphone landscape.
Nokia: Another Dividend Monster Rolls Over
By Eric Bleeker and austin smith – Jan 24, 2013 at 2:53PM
NYSE: NOK
Nokia Oyj
Market Cap
$38B
Today's Change
(-4.75%) $0.34
Current Price
$6.81
Price as of November 4, 2025 at 4:00 PM ET
After 143 years, Nokia suspends its dividend.
About the Author
Eric Bleeker, CFA joined The Motley Fool at the height of the financial crisis in 2008. For the next four years he led the Fool's Tech & Telecom sector, both writing articles and providing feedback and ideas to writers. Today, Eric is the General Manager of Fool.com, but still enjoys writing a tech article or two from time to time. Follow @bleekertech