SmarterDividends
ERIC

Telefonaktiebolaget LM Ericsson (publ)

ERIC

Technology · Communication Equipment · Stock · semiannual payer

$10.89

Fairly valued · +7% Add to Portfolio

Forward Yield

2.93%

Annual Dividend

$0.32

Payout Ratio

52%

5-Yr Growth

11.3%

Ex-Date

Sep 29, 2026

Frequency

Semiannual

Key facts about ERIC's dividend

Data as of · Source: SmarterDividends data

  • As of Oct 27, 2026, Telefonaktiebolaget LM Ericsson (publ) (ERIC) has a forward dividend yield of 2.93%, based on an annual dividend of $0.32 per share and a share price of $10.89.
  • As of Oct 27, 2026, ERIC's dividend safety grade from SmarterDividends is B (72 out of 100), which rates the dividend as safe.
  • By SmarterDividends' count, Telefonaktiebolaget LM Ericsson (publ) (ERIC) has raised its dividend for 5 consecutive years as of Oct 27, 2026.
  • ERIC last cut its regular dividend in 2020.
  • ERIC's most recent ex-dividend date was Sep 29, 2026, for a dividend of $0.16 per share.
  • As of Oct 27, 2026, ERIC pays out 52% of its trailing 12-month earnings as dividends (its payout ratio).
  • ERIC's dividend has grown at an average rate of 11.3% a year over the past five years.
  • As of Oct 27, 2026, ERIC's 2.93% yield is 15% below its five-year average yield of 3.44%.
  • As of Oct 27, 2026, SmarterDividends' blended fair-value estimate for ERIC is $11.69 per share, 7% above the $10.89 share price, so ERIC screens as fairly valued.
  • Telefonaktiebolaget LM Ericsson (publ) (ERIC) pays its dividend semiannual, 2 times a year.
Cite this page

SmarterDividends, "ERIC Dividend: Yield, Safety Grade & Next Ex-Date," updated Oct 27, 2026, https://smarterdividends.com/stocks/ERIC

Summary

As of Oct 27, 2026, Telefonaktiebolaget LM Ericsson (publ) (ERIC) yields 2.93% ($0.32 a year per share), has a dividend safety grade of B (72/100) and has 5 consecutive years of dividend increases on record.

Is ERIC a good dividend stock?

Yes, with caveats

Telefonaktiebolaget LM Ericsson (publ) (ERIC) pays a semiannual dividend yielding 2.93% ($0.32/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 (52%)
  • Strong 11.3% 5-yr dividend growth

Risks

  • Cut its dividend in 2020

Key Data

Dividend Yield
2.93%
Payout Ratio
52%
Annual Dividend
$0.32
5-Yr Avg Growth
11.3%
Ex-Dividend Date
Sep 29, 2026
Years of Growth
5
Frequency
semiannual
Beta
0.51
Market Cap
$35.3B
P/E Ratio
17.6
5-Yr Total Return
7%
52-Week Range
$9.04 – $13.77
Dividend Safety
B · 72/100
Ever Cut?
Yes (2020)

ERIC dividend changes

Telefonaktiebolaget LM Ericsson (publ) (ERIC) pays a variable dividend: across the 40 payments on record since 1992, 21 were higher than the one before and 11 lower. The latest change was up 6.8% to $0.158 per share, going ex-dividend on Sep 29, 2026.

Ex-dateChangeOld → newMove
Sep 29, 2026Higher$0.148 → $0.158+6.8%
Apr 2, 2026Higher$0.131 → $0.166+26.7%
Sep 29, 2025Higher$0.133 → $0.148+11.3%
Mar 27, 2025Higher$0.129 → $0.131+1.6%
Oct 2, 2024Higher$0.125 → $0.133+6.4%
Sep 28, 2023Higher$0.116 → $0.125+7.8%
Mar 30, 2023Lower$0.135 → $0.130−3.7%
Mar 30, 2022Higher$0.121 → $0.135+11.6%
Sep 30, 2021Higher$0.0850 → $0.116+36.5%
Mar 31, 2021Higher$0.0780 → $0.121+55.1%
Oct 1, 2020Lower$0.109 → $0.0850−22.0%
Apr 1, 2020Lower$0.126 → $0.0780−38.1%
Every ERIC payment →Download every raise and cut (CSV)
ERIC ex-dividend date & scheduleNext ex-date Sep 29, 2026 · full ex-dividend historyView →ERIC dividend historyEvery payment, totals by year, raises and cutsView →

Frequently Asked Questions

Is ERIC a good dividend stock?

Yes, with caveats. Telefonaktiebolaget LM Ericsson (publ) (ERIC) pays a semiannual dividend yielding 2.93% ($0.32/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.

Is ERIC undervalued?

Based on a blend of discounted cash flow, a dividend-discount model and an earnings-multiple estimate, ERIC's fair value is about $11.69 versus a $10.89 share price — so it looks fairly valued (+7% vs. fair value).

Is ERIC's dividend safe?

ERIC has a dividend-safety grade of B (72/100), based on its payout coverage, free-cash-flow, 5-year growth streak, a dividend cut in 2020, debt and yield-versus-history.

What is ERIC's fair value?

Our blended fair-value estimate for ERIC is about $11.69 per share, roughly 7% above the current $10.89 price — combining a discounted cash flow, a dividend-discount model and an earnings multiple.

Is ERIC a buy, hold, or sell?

We don't issue formal ratings, but on the data ERIC screens as "yes, with caveats" and fairly valued. Telefonaktiebolaget LM Ericsson (publ) (ERIC) pays a semiannual dividend yielding 2.93% ($0.32/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. This is research for your own analysis, not investment advice.

Will ERIC cut its dividend?

ERIC earns a dividend-safety grade of B (72/100), and has cut its dividend before (last in 2020). A higher score means lower cut risk based on payout coverage, cash flow and history — but no score guarantees a dividend.

Does ERIC pay a dividend?

Yes. Telefonaktiebolaget LM Ericsson (publ) pays a semiannual dividend of about $0.32 per share annually, a forward yield of roughly 2.93%.

What is ERIC's dividend yield?

As of Oct 27, 2026, ERIC's forward dividend yield is 2.93%, based on a $0.32 annual dividend and a $10.89 share price.

What is ERIC's dividend per share?

As of Oct 27, 2026, ERIC pays $0.32 per share per year, distributed on a semiannual basis.

What is ERIC's dividend payout ratio?

As of Oct 27, 2026, ERIC's payout ratio is 52% of trailing 12-month earnings — a comfortable level that leaves room to keep raising the dividend.

How many years has ERIC grown its dividend?

As of Oct 27, 2026, ERIC has increased its dividend for 5 consecutive years.

When is the next ERIC ex-dividend date?

As of Oct 27, 2026, ERIC's next ex-dividend date hasn't been announced. The most recent was Sep 29, 2026, for $0.16 per share.

Income Calculator

At $0.32 / yr per share

Per payment (semiannual)$16.00
Annual$32.00
Monthly avg$2.67

Similar Dividend Stocks

NVDANVDANVIDIA Corporation0.46%TechnologyAAPLAAPLApple Inc.0.31%TechnologyMSFTMSFTMicrosoft Corporation0.74%20 yrTSMTSMTaiwan Semiconductor Manufacturing Company Limited0.89%Technology

Compare ERIC

ERIC vs NVDAERIC vs AAPLERIC vs MSFTERIC vs TSM

Explore more

Lists and tools related to ERIC