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Dividend-minded investors may be enamored with Nokia's current attractive 6.93% dividend yield. However, this yield is a bit deceiving. It is easy for a company to show a high dividend yield when its share price falls below $5 (as price falls, yield goes up, assuming a constant dividend payout). Investors must realize that maintaining this dividend might be difficult for Nokia moving forward.
The company has a dividend payback period of 18 years. Their dividend has been growing by 2.9% a year for the last 5 years (on average). 4/6/2017 is the ex-dividend date for Verizon Communications, while 5/1/2017 is the dividend pay date. 178,500 people work for them (a US company) and it has been founded back in 1983. The stock belongs to the telecom services - domestic industry in the technology sector.