Nokia is an international dividend achiever. From the end of 1999 up until September 2008 this dividend stock has delivered an annual average total return of 5.00 % to its shareholders. Nokia’s share price has not recovered yet form its all time highs in the early 2000. The stock has lost over 45% of its value so far in 2008. In addition the company recently gave a warning that its third quarter market share will be negatively affected by the global slowdown.

At the same time company has managed to deliver a 22.30% average annual increase in its EPS since 1998.

The ROE has recovered in recent years from its lower levels around 20% to rise over 60% in 2007.

Annual dividend payments have increased by an average of 23.40% annually since 1999, which is almost the same as the growth in EPS.