Ericsson B Dividend yield

Ericsson B is part of Technology Hardware and Equip. business, which is part of Technology industry. Ericsson B is a company from Sweden, and his stocks are publicly traded.

Ericsson B stock dividend

Ericsson B paid a total dividend of 7,977 million SEK last year, for a market value of 172,820 millions (Market Cap 164,452 millions). Ericsson B dividend per share is 2.60 SEK, and his stock market price 56.33 SEK.

According to the chart below, where dividend yield is displayed, Ericsson B has a dividend yield of 4.62%, which is higher than the amount offered by both the market average and companies from Sweden. It is also bigger than average of Technology industry. This high dividend yield might be a sign to worry about the future of the company so deeper analysis is needed.

In addition, you should compare Ericsson B stocks dividend with other Technology Hardware and Equip. companies or other of the highest Sweden dividend stocks list.

Ericsson B Dividend Payout

About the ability of Ericsson B to maintain his current dividend of SEK 2.60 per share, an amount that accounts for 4.62%, we should study its payout ratio both on earnings and on cash-flows (see chart below). Ericsson B payout on ernings is currently 38.75%, which is lower than the market average, but higher than companies of Technology industry, which are 39.34% and 35.32% respectively. Both figures show that Ericsson B is in a good position to keep maintaining his dividend.

The payout on earnings should be complemented with the payout on cash flow since it is this last amount the one which can be distributed to shareholders. Cash flow per share of Ericsson B is SEK 9.23 per share, which is higher than the dividend per share paid by the company of SEK 2.60, so the company generates enough cash to maintain his dividend in the future.

The following figure shows payout ratios over earnings and cashflow of Ericsson B, compared againt world market average, Sweden companies, Technology industry and Technology Hardware and Equip. sector companies.

Ericsson B Dividend History

Below you will find a table with the historical evolution of Ericsson B's dividend stock, both in percentage and in SEK, its Payout on Earnings and the number of shares (in case there is an split, number shares altered the dividend per share).

Year	Yield	SEK	Paypout	Shares*
Present	4.62%	2.60	38.75%	3,068
2022	4.11%	2.50	32.85%	3,068
2021	2.00%	2.00	34.25%	3,066
2020	1.54%	1.50	104.17%	3,057
2019	1.23%	1.00	0.00%	3,040
2018	1.28%	1.00	-10.65%	3,026
2017	1.86%	1.00	52.63%	3,011
2016	7.79%	3.70	63.14%	2,980
2015	4.00%	3.40	64.03%	2,980

*In millions

Then you can see the evolution of Ericsson B dividend stock, and compare it with the average of Sweden stocks and that of the Technology Hardware and Equip. stocks.

Ericsson B Stock performance

Finally, last moth Ericsson B showed a return of 6.50% compared to a worldwide -2.49% average, and a -1.32% of Technology firms. Over the last year, the company obtained a -29.60% versus a worldwide performance of a 8.71%. More detailed information can be seen in the following graph for Sweden and Technology Hardware and Equip. firms.