Telefonaktiebolaget LM Ericsson (publ)
ERIXFTechnology · Stock · semiannual payer
Forward Yield
3.33%
Annual Dividend
$0.33
Payout Ratio
40%
5-Yr Growth
-1.9%
Ex-Date
Sep 28, 2026
Frequency
Semiannual
Summary
As of September 2026, Telefonaktiebolaget LM Ericsson (publ) (ERIXF) yields 3.33% ($0.33 per share annually), with a blended fair-value estimate of $15.39 — +55% upside, so it screens as undervalued. Dividend safety grade: C (65/100).
Is ERIXF a good dividend stock?
Yes, with caveatsTelefonaktiebolaget LM Ericsson (publ) (ERIXF) pays a semiannual dividend yielding 3.33% ($0.33/yr), with 0 years of growth and a dividend-safety grade of C. It's a solid income payer, but check the caveats below before buying.
Advantages
- Comfortable payout ratio (40%)
Risks
- Cut its dividend in 2025
- Dividend has been shrinking, not growing
- Share price is down over the past 5 years
Key Data
- Dividend Yield
- 3.33%
- Payout Ratio
- 40%
- Annual Dividend
- $0.33
- 5-Yr Avg Growth
- -1.9%
- Ex-Dividend Date
- Sep 28, 2026
- Years of Growth
- 0
- Frequency
- semiannual
- Beta
- 0.50
- Market Cap
- $32.7B
- P/E Ratio
- 13.0
- 5-Yr Total Return
- -12%
- 52-Week Range
- $7.68 – $13.60
- Dividend Safety
- C · 65/100
- Ever Cut?
- Yes (2025)
Frequently Asked Questions
ERIXF Price — Last 12 Months
Daily close
Price Return
1 Year
+26%
3 Years
+107%
5 Years
-12%
52-Week Range
$7.68 – $13.60
Price change over each period (excludes dividends). Past performance doesn't guarantee future results.
What is ERIXF worth?
Undervaluedmedium confidenceOur blended fair-value estimate for Telefonaktiebolaget LM Ericsson (publ) is $15.39 per share, versus a market price of $9.95. That implies 55% of upside — a margin of safety of about 35%.
Fair Value
$15.39
Current Price
$9.95
Upside
+55%
Margin of Safety
35%
How we get there
Dividend discount
Discounts the future dividend stream back to today.
Earnings multiple (Graham)
Graham's earnings-multiple formula, anchored to bond yields.
At today's price, the market is pricing in about -10.0% annual free-cash-flow growth. We model 10.5% — below our estimate, leaving room for upside if the business executes.
Assumptions: 7.0% discount rate (CAPM), 10.5% stage-1 growth, 2.5% terminal growth, $0.78 EPS, $0.33 annual dividend. Updated weekly.
Fair-value estimates are model output for educational purposes only — not investment advice or a price target.
ERIXF Dividend Safety Score
Borderline
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
Dividend History
| Ex-Date | Pay Date | Amount | Type |
|---|---|---|---|
| Apr 1, 2026 | — | $0.0020 | regular |
| Sep 26, 2025 | — | $0.0020 | regular |
| Mar 26, 2025 | — | $0.1430 | regular |
| Oct 1, 2024 | — | $0.1330 | regular |
| Apr 4, 2024 | — | $0.1270 | regular |
| Sep 28, 2023 | — | $0.1220 | regular |
| Mar 30, 2023 | — | $0.1300 | regular |
| Sep 29, 2022 | — | $0.1120 | regular |
| Mar 30, 2022 | — | $0.1340 | regular |
| Sep 30, 2021 | — | $0.1140 | regular |
| Mar 31, 2021 | — | $0.1140 | regular |
| Oct 1, 2020 | — | $0.0840 | regular |
| Apr 1, 2020 | — | $0.0760 | regular |
| Mar 28, 2019 | — | $0.1080 | regular |
Income Calculator
At $0.33 / yr per share
