Telefonaktiebolaget LM Ericsson is a dividend paying company with a current yield of 4.29%. Next payment date is on 7th October, 2024 with an ex-dividend date of 1st October, 2024.
Key information
4.3%
Dividend yield
-35%
Payout ratio
Industry average yield
3.9%
Next dividend pay date
07 Oct 24
Ex dividend date
01 Oct 24
Dividend per share
n/a
Earnings per share
-kr7.62
Dividend yield forecast in 3Y
4.9%
Recent dividend updates
Recent updates
Upcoming Dividend Payment
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: ERIC A's dividend payments have been volatile in the past 10 years.
Growing Dividend: ERIC A's dividend payments have fallen over the past 10 years.
Dividend Yield vs Market
Telefonaktiebolaget LM Ericsson Dividend Yield vs Market
How does ERIC A dividend yield compare to the market?
Segment
Dividend Yield
Company (ERIC A)
4.3%
Market Bottom 25% (SE)
1.4%
Market Top 25% (SE)
4.3%
Industry Average (Communications)
3.9%
Analyst forecast in 3 Years (ERIC A)
4.9%
Notable Dividend: ERIC A's dividend (4.29%) is higher than the bottom 25% of dividend payers in the Swedish market (1.43%).
High Dividend: ERIC A's dividend (4.29%) is in the top 25% of dividend payers in the Swedish market (4.26%)
Earnings Payout to Shareholders
Earnings Coverage: ERIC A is paying a dividend but the company is unprofitable.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonable cash payout ratio (67.1%), ERIC A's dividend payments are covered by cash flows.