Ericsson Nikola Tesla d.d.

ZGSE:ERNT Stock Report

Market Cap: €271.8m

Ericsson Nikola Tesla d.d Dividend

Dividend criteria checks 3/6

Ericsson Nikola Tesla d.d is a dividend paying company with a current yield of 2.93% that is well covered by earnings.

Key information

2.9%

Dividend yield

50%

Payout ratio

Industry average yield4.1%
Next dividend pay daten/a
Ex dividend date02 Jul 24
Dividend per sharen/a
Earnings per share€15.66
Dividend yield forecast in 3Y4.4%

Recent dividend updates

Ericsson Nikola Tesla d.d's (ZGSE:ERNT) Shareholders Will Receive A Bigger Dividend Than Last Year

May 30
Ericsson Nikola Tesla d.d's (ZGSE:ERNT) Shareholders Will Receive A Bigger Dividend Than Last Year

Recent updates

Ericsson Nikola Tesla d.d's (ZGSE:ERNT) Shareholders Will Receive A Bigger Dividend Than Last Year

May 30
Ericsson Nikola Tesla d.d's (ZGSE:ERNT) Shareholders Will Receive A Bigger Dividend Than Last Year

Estimating The Fair Value Of Ericsson Nikola Tesla d.d. (ZGSE:ERNT)

Aug 12
Estimating The Fair Value Of Ericsson Nikola Tesla d.d. (ZGSE:ERNT)

Ericsson Nikola Tesla d.d (ZGSE:ERNT) Knows How To Allocate Capital

May 02
Ericsson Nikola Tesla d.d (ZGSE:ERNT) Knows How To Allocate Capital

Is Ericsson Nikola Tesla d.d (ZGSE:ERNT) A Risky Investment?

Mar 25
Is Ericsson Nikola Tesla d.d (ZGSE:ERNT) A Risky Investment?

Ericsson Nikola Tesla d.d. (ZGSE:ERNT) On An Uptrend: Could Fundamentals Be Driving The Stock?

Feb 22
Ericsson Nikola Tesla d.d. (ZGSE:ERNT) On An Uptrend: Could Fundamentals Be Driving The Stock?

How Much Of Ericsson Nikola Tesla d.d. (ZGSE:ERNT) Do Institutions Own?

Feb 07
How Much Of Ericsson Nikola Tesla d.d. (ZGSE:ERNT) Do Institutions Own?

Will Ericsson Nikola Tesla d.d (ZGSE:ERNT) Multiply In Value Going Forward?

Jan 21
Will Ericsson Nikola Tesla d.d (ZGSE:ERNT) Multiply In Value Going Forward?

Ericsson Nikola Tesla d.d. (ZGSE:ERNT) Is Yielding 3.2% - But Is It A Buy?

Jan 06
Ericsson Nikola Tesla d.d. (ZGSE:ERNT) Is Yielding 3.2% - But Is It A Buy?

Here's Why We Think Ericsson Nikola Tesla d.d's (ZGSE:ERNT) Statutory Earnings Might Be Conservative

Dec 22
Here's Why We Think Ericsson Nikola Tesla d.d's (ZGSE:ERNT) Statutory Earnings Might Be Conservative

Here's Why Ericsson Nikola Tesla d.d (ZGSE:ERNT) Can Manage Its Debt Responsibly

Dec 02
Here's Why Ericsson Nikola Tesla d.d (ZGSE:ERNT) Can Manage Its Debt Responsibly

Upcoming Dividend Payment

TodayMay 01 2024Ex Dividend DateJul 02 20240Buy in the next 61 days to receive the upcoming dividend0

Stability and Growth of Payments

Fetching dividends data

Stable Dividend: ERNT's dividend payments have been volatile in the past 10 years.

Growing Dividend: ERNT's dividend payments have fallen over the past 10 years.


Dividend Yield vs Market

Ericsson Nikola Tesla d.d Dividend Yield vs Market
How does ERNT dividend yield compare to the market?
SegmentDividend Yield
Company (ERNT)2.9%
Market Bottom 25% (HR)2.1%
Market Top 25% (HR)4.2%
Industry Average (Communications)4.1%
Analyst forecast in 3 Years (ERNT)4.4%

Notable Dividend: ERNT's dividend (2.93%) is higher than the bottom 25% of dividend payers in the HR market (2.13%).

High Dividend: ERNT's dividend (2.93%) is low compared to the top 25% of dividend payers in the HR market (4.25%).


Earnings Payout to Shareholders

Earnings Coverage: With its reasonable payout ratio (50.2%), ERNT's dividend payments are covered by earnings.


Cash Payout to Shareholders

Cash Flow Coverage: With its reasonably low cash payout ratio (35.6%), ERNT's dividend payments are well covered by cash flows.


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