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Technology Stocks : Nokia (NOK)
NOK 6.055-0.6%Nov 25 3:59 PM EST

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To: waitwatchwander who wrote (28743)6/14/2011 11:12:50 PM
From: engineer  Read Replies (1) of 34857
 
Wall Street thinks NOK is a dividend play?

wallstcheatsheet.com

The issue with calling this stock a good dividend play is that with the relatively small amount of cash on the balance sheet, I am unsure that the board will allow the payment of a 9% yeild dividend rather than invest the cash in new R&D capabilites.

the reason the yeild is as high as it is, is due to poor stock price action.
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