This is a long argued topic and increasingly dismissed by residents of debtor nations to whom money is worthless and should be inflated away to discharge their debts. First of all, for those that don't like dividends, - don't invest in dividend stocks. Shorts don't like dividends either, since they don't have to pay it. If the dividend were somehow stopped (after 10 years+), that would simply free up about $250M for them to bet against and drive short interest up 50-75M shares.
Next, while the div is subtracted from the share price on the ex date, the reverse is not true, so the price won't be adjusted up.
More than "old farts" want their money back eventually once they loan it to a company. IT's called return on investment.
If you are a trader that moves in and out of stocks and takes advantage ( and causes) wild price swings, you are not an "investor" at all. You are a gambler. There is nothing wrong with that, except to say, if you are going to take profits on a stock after a .29 cent price move Then what's the difference? One thing for sure , this whole dividend thing was started by some short onCNBC who cares?
Agree, however if there is a dividend than it will be at the end of May 2013. By than Nokia wll know if China and India and the rest of the world likes Lumia line of phones. Go Nokia, I'll take the didvidend next time.
1 Year Target: $5.48
Today's High/Low: $ 4.49 / $ 4.35 - 90 Day Avg. Daily Volume 55,368,496
Previous Close:$ 4.53
52 Week High /Low:$ 5.87 / $ 1.63
Market cap 16,439,614,820 Nice move up last few weeks.
Earnings Per Share (EPS) $ -1.51- this has to come down to the plus side.
Annualized dividend $ 0.2632
Ex Dividend Date May 4, 2012
Dividend Payment Date May 29, 2012 Current Yield 5.81 %
Retired old faarts? Why do we need a dividend when haven't made a profit in like 2 years?
Hmm, think, think hard what you really really want you may regret it if the boat does not turn and losses keep up, with last year's dividend and this year Nokia could have funded a few quarters of losses...if need it....