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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.
Nokia is a public limited liability company and is the oldest company listed under the same name on the Helsinki Stock Exchange, beginning in 1915. Nokia has had a secondary listing on the New York Stock Exchange since 1994.