Telefonaktiebolaget LM Ericsson Dividend
Dividend criteria checks 2/6
Telefonaktiebolaget LM Ericsson is a dividend paying company with a current yield of 3.47%. Next payment date is on 7th October, 2024 with an ex-dividend date of 1st October, 2024.
Key information
3.5%
Dividend yield
-25%
Payout ratio
| Industry average yield | 3.3% |
| Next dividend pay date | 07 Oct 24 |
| Ex dividend date | 01 Oct 24 |
| Dividend per share | SEK 2.700 |
| Earnings per share | -SEK 10.76 |
| Dividend yield forecast | 4.0% |
Recent dividend updates
Recent updates
Upcoming Dividend Payment
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: ERICAS's dividend payments have been volatile in the past 10 years.
Growing Dividend: ERICAS's dividend payments have fallen over the past 10 years.
Dividend Yield vs Market
| Telefonaktiebolaget LM Ericsson Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (ERICAS) | 3.5% |
| Market Bottom 25% (GB) | 2.0% |
| Market Top 25% (GB) | 5.5% |
| Industry Average (Communications) | 3.3% |
| Analyst forecast (ERICAS) (up to 3 years) | 4.0% |
Notable Dividend: ERICAS's dividend (3.47%) is higher than the bottom 25% of dividend payers in the UK market (2.06%).
High Dividend: ERICAS's dividend (3.47%) is low compared to the top 25% of dividend payers in the UK market (5.41%).
Earnings Payout to Shareholders
Earnings Coverage: ERICAS is paying a dividend but the company is unprofitable.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonably low cash payout ratio (34.7%), ERICAS's dividend payments are well covered by cash flows.