SmarterDividends
ERIC

Telefonaktiebolaget LM Ericsson (publ)

ERIC

Technology · Stock · semiannual payer

Forward Yield

2.34%

Annual Dividend

$0.31

Payout Ratio

39%

5-Yr Growth

11.3%

Ex-Date

Apr 2, 2026

Frequency

Semiannual

ERIC Dividend Safety Score

73/ 100
Grade B

Safe

Dividend-growth streak6 consecutive years of growth
Cut historyCut its dividend in 2020
Earnings payout coverage39% of earnings paid out
Free-cash-flow coverage3% of free cash flow
Balance-sheet strengthDebt/equity of 0.38
Yield vs its historyYield in line with its history

SmarterDividends' proprietary score, backtested against which dividends were actually cut over 15+ years (0.78 AUC). It blends a validated cut-risk model (growth streak, cut history) with current payout, cash-flow and debt. Higher is safer · not investment advice.

Dividend Growth

Total dividends per share by year

Is ERIC a good dividend stock?

Yes, with caveats

Telefonaktiebolaget LM Ericsson (publ) (ERIC) pays a semiannual dividend yielding 2.34% ($0.31/yr), with 5 years of growth and a dividend-safety grade of B. It's a solid income payer, but check the caveats below before buying.

Advantages

  • Comfortable payout ratio (39%)
  • Strong 11.3% 5-yr dividend growth

Risks

  • Cut its dividend in 2020

Key Data

Dividend Yield
2.34%
Payout Ratio
39%
Annual Dividend
$0.31
5-Yr Avg Growth
11.3%
Ex-Dividend Date
Apr 2, 2026
Years of Growth
5
Frequency
semiannual
Beta
0.52
Market Cap
$44.4B
P/E Ratio
16.5
5-Yr Total Return
3%
52-Week Range
$7.16 – $13.77
Dividend Safety
B · 73/100
Ever Cut?
Yes (2020)
ERIC ex-dividend date & scheduleNext ex-date Apr 2, 2026 · full ex-dividend historyView →

Frequently Asked Questions

Income Calculator

At $0.31 / yr per share

Per payment (semiannual)$15.50
Annual$31.00
Monthly avg$2.58