Telefon AB L.M. Ericsson ADR (ERIC) Dividends
Dividend Yield and Dividend History Highlights
- ERIC has an EBITDA to net debt ratio of 27,668,000,000; for context, that's better than 99.4% stocks in our set (note that its net debt is negative, meaning it has more cash than debt).
- To help you reduce price risk in your dividend portfolio, here are the dividend stocks that are least correlated with ERIC's price: WPG, AWK, PINC, HTLD and CMS.
ERIC Price Forecast Based on Dividend Discount Model
| Current Price | DDM Fair Value Target: | Forecasted Gain: |
| $8.06 | $10.34 | 11.53% |
The Dividend Discount Model (DDM) is a valuation model that attempts to determine a fair share price for a stock, based on the dividend it provides in comparison to several company-specific metrics indicative of the riskiness of the stock and the financial health of the company. As for ERIC, the DDM model, as implemented by StockNews, implies a positive return of 11.53% relative to its current price. To help understand and contextualize the model's evaluation of ERIC, investors may wish to consider are:
- In comparison to other US listed dividend yielding stocks in the Technology sector, Ericsson Lm Telephone Co's expected return of 11.53% is higher than 85.04% of its fellow sector mates.
- Out of all stocks in our universe of US-listed dividend-issuing stocks, ERIC has a discount rate lower than 85.04% of them (a lower discount rate is associated with lower risk).
- Based on dividend growth rate, Ericsson Lm Telephone Co has been increasing its dividends at a faster rate than 7.74% of US-listed dividend-issuing stocks we observed.
- In comparison to its fellow dividend issuing stocks in the Technology sector, Ericsson Lm Telephone Co has an equity discount rate lower than 84.25% of them.
ERIC Dividend History
| Ex-Dividend Date | Type | Payout Amount | Change |
|---|---|---|---|
| 2024-10-02 | Dividend | $0.09 | +2.38% |
| 2024-04-04 | Dividend | $0.08 | +3.70% |
| 2023-09-28 | Dividend | $0.08 | -5.81% |
| 2023-03-30 | Dividend | $0.09 | +16.22% |
| 2022-09-29 | Dividend | $0.07 | -15.91% |
| 2022-03-30 | Dividend | $0.09 | +17.33% |
| 2021-09-30 | Dividend | $0.08 | -2.60% |
| 2021-03-31 | Dividend | $0.08 | +42.59% |
| 2020-10-01 | Dividend | $0.05 | +14.89% |
| 2020-04-01 | Dividend | $0.05 | -27.69% |
| 2019-03-28 | Dividend | $0.07 | -12.16% |
| 2018-04-02 | Dividend | $0.07 | -5.13% |
| 2018-03-30 | Dividend | $0.08 | +14.71% |
| 2017-03-30 | Dividend | $0.07 | -77.33% |
| 2016-04-14 | Dividend | $0.30 | -23.29% |
| 2015-04-15 | Dividend | $0.39 | +52.77% |
| 2015-04-14 | Dividend | $0.26 | -44.23% |
| 2014-04-14 | Dividend | $0.46 | +9.23% |
| 2013-04-10 | Dividend | $0.42 | +13.97% |
| 2011-04-14 | Dividend | $0.37 | +90.64% |
| 2010-04-14 | Dividend | $0.19 | +25.02% |
| 2009-04-23 | Dividend | $0.15 | -47.37% |
| 2008-06-10 | Split | 2-1-for-1 Stock Split | N/A |
| 2008-04-10 | Dividend | $0.57 | +14.23% |
| 2007-04-12 | Dividend | $0.50 | +23.16% |
| 2006-04-11 | Dividend | $0.41 | +62.07% |
| 2005-04-07 | Dividend | $0.25 | +2,400.00% |
| 2002-10-23 | Split | 1-10-for-1 Stock Split | N/A |
| 2002-08-09 | Dividend | $0.01 | -71.35% |
| 2001-03-29 | Dividend | $0.03 | -25.00% |
| 2000-05-08 | Split | 4-1-for-1 Stock Split | N/A |
| 2000-04-03 | Dividend | $0.16 | +223.00% |
| 2000-03-24 | Dividend | $0.05 | -76.43% |
| 1999-03-24 | Dividend | $0.21 | +10.53% |
| 1998-05-22 | Split | 2-1-for-1 Stock Split | N/A |
| 1998-03-31 | Dividend | $0.38 | +35.63% |
| 1997-04-28 | Dividend | $0.28 | +26.20% |
| 1996-05-09 | Dividend | $0.22 | +37.50% |
| 1995-06-16 | Split | 4-1-for-1 Stock Split | N/A |
| 1995-05-09 | Dividend | $0.64 | +31.64% |
| 1994-05-10 | Dividend | $0.48 | +24.50% |
| 1993-05-10 | Dividend | $0.39 | -21.43% |
| 1992-05-08 | Dividend | $0.50 | +2.21% |
| 1991-05-09 | Dividend | $0.48 | +23.08% |
| 1990-09-20 | Split | 5-1-for-1 Stock Split | N/A |
| 1990-05-07 | Dividend | $1.95 | -- |
ERIC Dividends vs. Peers
ERIC's dividend yield currently ranks #32 of 95 vs. its peers in the Technology - Communication/Networking category.
Looking for More Information on ERIC dividends?
Want to do more research on Ericsson Lm Telephone Co's dividends? Try the links below:Ericsson Lm Telephone Co Common Stock (ERIC) Dividend History | Nasdaq
Dividend History for Ericsson Lm Telephone Co (ERIC) - Dividend Investor
Ericsson Lm Telephone Co (ERIC) Dividend History - Seeking Alpha