ERIC STOCK DIVIDEND AND STOCK SPLIT
The most common method for companies to distribute wealth among shareholders is to pay dividends in the form of cash or stock. When a company has a low level of liquid cash on hand, stock dividends are typically issued in lieu of cash dividends. It is the board of directors that decides whether a dividend should be declared and in what form it should be distributed. Dividend yield is also a financial ratio that shows how much a company pays out in dividends on its shares each year, which is something investors look for in a stock.
Dividend Rate
Trailing Annual Dividend Rate
$2.70
Forward Annual Dividend Rate
$0.26
Yield
Trailing Annual Dividend Yield
37%
Forward Annual Dividend Yield
2.91%
Dividend Date
Dividend Date
N/A
Ex-dividend Date
Oct 02, 2024
2.84 %
-667.40
ERIC Dividend History
ERIC Stock Split History
Frequently Asked Questions
Is Telefonaktiebolaget LM Ericsson (publ) (ERIC) a dividend paying company?
In a company, dividends are a portion of profits paid out to shareholders - investors getting a little bit back on their investment. In particular, dividends benefit investors, especially income-seeking investors, because they provide mutual benefits both to companies and investors. Dividends are a strong indicator for a company's ability to produce profits consistently and reflect favorably on its management. Telefonaktiebolaget LM Ericsson (publ) is also among the companies that regularly pay dividends.
What is ERIC's dividend yield?
Many factors affect dividend yields, including global market conditions, interest rates, and the financial status of an individual company.However, the average dividend yield for a good company is between 2% and 6%. ERIC's annual dividend yield for the trailing 12 months is 37.00.
When did ERIC last pay a dividend?
ERIC last paid dividends on null, with the ex-dividend date being 2024-10-02.
When was the last time ERIC stock split?
ERIC stock split took place on 2008-06-10.
How did ERIC's stock split work?
Its last split took place on Jun 10, 2008, when Telefonaktiebolaget LM Ericsson (publ) went through a 2:1 split leaving the shareholder with 2 share(s) who previously owned 1 ERIC share(s).