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Neste Oyj (NESTE.HE) logo
NESTE.HE|Energy|Oil & Gas Refining & Marketing||P/E 30.2|MCap 15.1B|NASDAQ Helsinki

Last update: May 9, 2026 at 09:32

Dividend Safety Rating

66/ 100Safe

NESTE.HE's dividend appears safe and well-supported. Strengths include a 21.5% earnings payout ratio & 11.6% fcf payout ratio. Areas of concern: 2.3x interest coverage & 19.4% gross margin.

Based on 15 of 15 metrics

Strengths

  • Earnings Payout Ratio: 21.5%Low earnings payout ratio leaves room to grow the dividend.
  • FCF Payout Ratio: 11.6%Free cash flow comfortably covers the dividend.
  • CFO Payout Ratio: 27.9%Operating cash flow strongly supports the payout.

Risks

  • 5-Year Dividend CAGR: -27.8%Dividend growth has been weak or negative.
  • Interest Coverage: 2.3xInterest coverage is thin relative to debt servicing.
  • Gross Margin: 19.4%Gross margin is low and limits flexibility.

Payout & Coverage

Safe
Earnings Payout Ratio
21.5%Very Safe
FCF Payout Ratio
11.6%Very Safe
CFO Payout Ratio
27.9%Very Safe
Interest Coverage
2.3xWarning

Balance Sheet

Safe
Net Debt / Total Assets
24.2%Safe
Current Ratio
1.6xSafe
Debt-to-Equity
67.7Safe

Profitability

Caution
Return on Equity
9.6%Caution
Operating Margin
13.3%Caution
Gross Margin
19.4%Warning
Profit Margin Stability
VolatileWarning

Dividend Track Record

Safe
Dividend Streak
11+ yrsVery Safe
Dividend Cut
NoneVery Safe
5-Year Dividend CAGR
-27.8%Danger
Earnings Stability
Mostly StableCaution

About Neste Oyj

Neste Oyj is a Finnish refining and marketing company headquartered in Espoo, renowned as the world's leading producer of sustainable aviation fuel and renewable diesel. It refines waste, residues, and other renewable raw materials—such as used cooking oils, animal fats, and vegetable oil residues—into high-quality renewable fuels and feedstock for polymers and chemicals at refineries in Finland, the Netherlands, Singapore, and through a joint venture in the United States. With an annual nameplate capacity of approximately 5.5 million tons for renewable products, Neste plans to expand to 6.8 million tons by 2027, including transformations at its Porvoo and Rotterdam sites. The company operates nearly 1,000 service stations across Finland and the Baltic states, supports customers in reducing greenhouse gas emissions by up to 20 million tons of CO2e annually by 2030, and maintains a strong commitment to safety and sustainability. Founded in 1948 to secure Finland's oil supply, Neste has evolved from a traditional oil refiner into a global leader in renewable and circular economy solutions, employing around 5,800 people worldwide.

Dividend Overview

Dividend Yield

1.46%

Annual Dividend

€0.40

Frequency

Semi-Annual

Payout Ratio

21.51%

FCF Payout Ratio

11.55%

Stock Price

52-Week Range

€6.79 €30.40

Dividend History (2016–2025)

NESTE.HE annual dividend per share and yield history

Earnings & Profitability

NESTE.HE earnings per share and net profit margin

Key Dates

Last Ex-Dividend Date

March 26, 2026

Next Payment Date

Dividend Growth

3-Year Dividend CAGR

-37.52%

5-Year Dividend CAGR

-27.81%

10-Year Dividend CAGR

10.73%

3-Year Total Growth

-75.61%

5-Year Total Growth

-80.39%

10-Year Total Growth

177.01%

Income Calculator

NESTE.HE Dividend Calculator

Total Investment

€0.00

Annual Income

€40.00

Quarterly Income

€10.00

Monthly Income

€3.33

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Frequently Asked Questions

What is NESTE.HE's current dividend yield?
Neste Oyj (NESTE.HE) currently has a dividend yield of 1.46%, based on a stock price of — and an annual dividend of €0.40.
When is NESTE.HE's next dividend payment date?
NESTE.HE's next ex-dividend date is 2026-03-26 and the next payment date is —. You must own the stock before the ex-dividend date to receive the upcoming payment.
How much does NESTE.HE pay in dividends per year?
Neste Oyj paid €0.20 per share in annual dividends in 2025. The dividends are paid semi-annual.
Has NESTE.HE been increasing its dividend?
Neste Oyj has grown its dividend at a 5-year CAGR of -27.81% and a 10-year CAGR of 10.73%.
Is NESTE.HE's dividend safe?
Neste Oyj has a payout ratio of 21.51%. Its free cash flow payout ratio is 11.55%. A payout ratio below 60% is generally considered sustainable.
How is NESTE.HE's Dividend Safety Rating calculated?
The Dividend Safety Rating evaluates Neste Oyj's dividend sustainability across four categories: Payout & Coverage (30%), Balance Sheet (20%), Profitability (20%), and Dividend Track Record (30%). Each metric is rated from "Very Safe" to "Danger" based on industry-standard thresholds, with sector-specific adjustments for energy companies. The overall score ranges from 0 to 100.

Want to understand how we rate dividend safety? Read our full methodology

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This page is not investment advice. The content is for informational purposes only and should not be construed as a recommendation to buy, sell, or hold any security. Always do your own research and consult a qualified financial advisor before making investment decisions.

Financial data, including dividend history, earnings, balance sheet metrics, and the Dividend Safety Rating, is provided for informational purposes only. Data may be delayed or differ from official filings. Past performance does not guarantee future results. Always verify with official sources before making investment decisions.

Market data provided by Twelve Data.