Telefonaktiebolaget LM Ericsson Dividend
Dividend criteria checks 3/6
Telefonaktiebolaget LM Ericsson is a dividend paying company with a current yield of 4.8%. Next payment date is on 7th October, 2024 with an ex-dividend date of 1st October, 2024.
Key information
4.8%
Dividend yield
-35%
Payout ratio
| Industry average yield | 4.2% |
| 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 | 5.5% |
Upcoming Dividend Payment
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: ERIC B's dividend payments have been volatile in the past 10 years.
Growing Dividend: ERIC B'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 (ERIC B) | 4.8% |
| Market Bottom 25% (SE) | 1.6% |
| Market Top 25% (SE) | 4.4% |
| Industry Average (Communications) | 4.2% |
| Analyst forecast in 3 Years (ERIC B) | 5.5% |
Notable Dividend: ERIC B's dividend (4.8%) is higher than the bottom 25% of dividend payers in the Swedish market (1.62%).
High Dividend: ERIC B's dividend (4.8%) is in the top 25% of dividend payers in the Swedish market (4.44%)
Earnings Payout to Shareholders
Earnings Coverage: ERIC B 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 B's dividend payments are covered by cash flows.