Google doesn’t pass PageRank on nofollow links

[imriakapoor]

Despite showing nofollow links in Search Console, Google does not transfer PageRank to those links, explained Webmaster Trends Analyst John Mueller on the August 15 edition of #AskGoogleWebmasters.

[WoodsPainting]

In general, we don't follow them. This means that Google does not transfer PageRank or anchor text across these links. Essentially, using nofollow causes us to drop the target links from our overall graph of the web.

[RH-Calvin]

Google page rank is no more important as they have stopped updating their page rank algorithm for more than 4 years now.