That is unfortunate LT. Maybe the dividend was already distributed in Europe? And that's where the PR originates I assume. I doubt they consider the PR timing with dividends. It's probably something they didn't even think of, and had they distributed on time or even a few days late, it would have been a non-issue anyway.

I take solace in my firm conviction that at these prices NOK is still a bargain given the prospects in the future.  I still expect low teens for this stock over the next 3 to 4 years

lt cap,

Bummer about NOK releasing the dividend and the Samsung news on the same day. They have really acted obliviously to shareholder's interests - and especially in the US - the whole idiotic deal where you sold your old ALU shares for an unwanted profit or loss and then buying NOK shares really teed me off - and likely everybody. I hope maybe you were able to catch the brokerage where the dividend was 'trickling in' and rescind your buy order.

My brokerage's info on NOK (not reliable at all - they suck as a brokerage) showed the payout date of July 12th. It also showed a .30 jump in price - which I assued it matched the dividend, which was .29 cents. Although I thought the dividend hit was on the ex- date, not the payout date. Then I read the Samsung news.

I understand that buying more NOK with a very sizeable dividend must feel terrible. But, as you say/imply, your holding are so large that the .30 goose to existing shares must be sizeable.  I've found holding a stock where a movement of even a few pennies moves the needle measurably unsettling, making for manic-depressive mood swings :-) Let's hope NOK has a lot more days like this. And where we're fully in charge of buying and selling. 

NOK should have all the bad news priced in, unless the world enters a terrible recession which given how there seems to be one crisis after another one, it cannot be counted out, but I digress, NOK should continue to deliver decent to good news.

Take for example the disappointment of last Feb (I think) when the arbitration was originally announced, NOK took a beating because Suri was conservative.  Today, he announces that the Technologies division will indeed produce more revenue.  He always under-promises.  I expect him to have under-promised on gross margins, revenues and synergies.  He has some two years of potential earnings surprises, which can only be derailed if the global economy tanks.

When 5G begins to ramp, it will be huge from a revenue perspective.  It will be divided by only three players, NOK stands to make out like a bandit. Keep in mind that 5G will be a global roll out that will take several years for all telecoms around the world to deploy.