At the price before the proposal, this would amount to a DY of 7.6%. The ex-date is set for 2 July 2024.
At the GSM meeting held yesterday, 27 June 2024, Ericsson NT shareholders voted for the approval of the distribution of profit. EUR 15 DPS will be paid out from the consolidated 2023 net income. This actually includes two dividends, a regular dividend of EUR 10 DPS, and an extraordinary dividend of EUR 5 DPS, together resulting in an overall dividend of EUR 15 DPS. Finally, the dividend payment represents a dividend yield of 7.6%.
The ex-date for the dividend is set for 2 July 2024, while the payment date is set for 17 July 2024. Below we provide you with a historical overview of the dividends per share and dividend yields of the Company.
Ericsson NT dividends per share (2013 – 2024, EUR, left), dividend yield (2013 – 2024, %, right)
Source: ZSE, InterCapital Research