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Telefonaktiebolaget L M Ericsson (Telefonaktiebolaget L M Ericsson) 5-Year Dividend Growth Rate : 25.70% (As of Mar. 2024)


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What is Telefonaktiebolaget L M Ericsson 5-Year Dividend Growth Rate?

Telefonaktiebolaget L M Ericsson's Dividends per Share for the three months ended in Mar. 2024 was $0.13.

During the past 12 months, Telefonaktiebolaget L M Ericsson's average Dividends Per Share Growth Rate was 3.80% per year. During the past 3 years, the average Dividends Per Share Growth Rate was 21.60% per year. During the past 5 years, the average Dividends Per Share Growth Rate was 25.70% per year. During the past 10 years, the average Dividends Per Share Growth Rate was -3.80% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the average dividends per share growth rate.

During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of Telefonaktiebolaget L M Ericsson was 35.70% per year. The lowest was -37.00% per year. And the median was 4.60% per year.

Telefonaktiebolaget L M Ericsson's Dividend Payout Ratio for the three months ended in Mar. 2024 was 1.64. As of today, Telefonaktiebolaget L M Ericsson's Dividend Yield % is 4.84%.

For more information regarding to dividend, please check our Dividend Page.


Competitive Comparison of Telefonaktiebolaget L M Ericsson's 5-Year Dividend Growth Rate

For the Communication Equipment subindustry, Telefonaktiebolaget L M Ericsson's 5-Year Dividend Growth Rate, along with its competitors' market caps and 5-Year Dividend Growth Rate data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Telefonaktiebolaget L M Ericsson's 5-Year Dividend Growth Rate Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Telefonaktiebolaget L M Ericsson's 5-Year Dividend Growth Rate distribution charts can be found below:

* The bar in red indicates where Telefonaktiebolaget L M Ericsson's 5-Year Dividend Growth Rate falls into.



Telefonaktiebolaget L M Ericsson 5-Year Dividend Growth Rate Calculation

This is the average annual rate that a company has been raising its dividends. The growth rate is calculated with least square regression.

Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the average dividends per share growth rate.


Telefonaktiebolaget L M Ericsson  (NAS:ERIC) 5-Year Dividend Growth Rate Explanation

1. Dividend Payout Ratio measures the percentage of the company's earnings paid out as dividends.

Telefonaktiebolaget L M Ericsson's Dividend Payout Ratio for the quarter that ended in Mar. 2024 is calculated as

Dividend Payout Ratio=Dividends per Share (Q: Mar. 2024 )/ EPS without NRI (Q: Mar. 2024 )
=0.131/ 0.08
=1.64

During the past 13 years, the highest Dividend Payout Ratio of Telefonaktiebolaget L M Ericsson was 3.70. The lowest was 0.26. And the median was 0.72.

2. Dividend Yield % measures how much a company pays out in dividends each year relative to its share price.

Telefonaktiebolaget L M Ericsson Recent Full-Year* Dividend History

Amount Ex-date Record Date Pay Date Type Frequency Forex Rate
USD 0.1272024-04-042024-04-050000-00-00Cash Dividendsemi-annuallyUSD:USD 1.000000
USD 0.1222023-09-282023-09-292023-10-12Cash Dividendsemi-annuallyUSD:USD 1.000000

* GuruFocus has an internal rule that if the most recent dividend payment frequency is at least 4 times a year, then the full year will be calculated according to the frequency of payment or the one-year time frame, whichever is stricter.
* GuruFocus converts dividend currency to local traded share price currency in order to calculate dividend yield. Please refer to the last column "Forex Rate" in the above table.

Telefonaktiebolaget L M Ericsson's Dividend Yield (%) for Today is calculated as

Dividend Yield %=Most Recent Full Year Dividend/Current Share Price
=0.249/5.18
=4.81 %

Current Share Price is $5.18.
Telefonaktiebolaget L M Ericsson's Dividends per Share for the trailing twelve months (TTM) ended in Today is $0.249.

During the past 13 years, the highest Dividend Yield of Telefonaktiebolaget L M Ericsson was 8.44%. The lowest was 0.74%. And the median was 3.07%.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Telefonaktiebolaget L M Ericsson 5-Year Dividend Growth Rate Related Terms

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Telefonaktiebolaget L M Ericsson (Telefonaktiebolaget L M Ericsson) Business Description

Address
Torshamnsgatan 21, Kista, Stockholm, SWE, SE-164 83
Ericsson provides telecom equipment and services that are primarily used to build and facilitate mobile networks through operations in three segments: networks, cloud and software services, and enterprises. The firm's customers have historically been primarily wireless carriers, but the firm is making a push to cater more to other enterprises as well, both as they try to take advantage of 5G capabilities and on other "as-a-service" communications platforms. The company also licenses its patents to handset manufacturers so their devices are compatible with wireless networks.