At the share price before the announcement, this would imply a DY of 7.6%. This relates to a regular dividend payment of EUR 10 DPS, as well as an extraordinary dividend of EUR 5 DPS. The ex-date is set for 2 July 2024.

On Friday, Ericsson NT published a dividend proposal for 2024. According to Ericsson NT, due to the solid business results achieved in the last year, a stable financial situation, and the high level of cash available, the SB and MB of the Company proposed a dividend payment for 2024. 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.

In the absolute amount, this represents a dividend payment of EUR 19.9m, implying a payout ratio of 89.7% of the consolidated 2023 net income. At the share price before the announcement, this would imply a DY of 7.6%. The ex-date is set for 2 July 2024, while the payment date is set to be announced.

Of course, the dividend proposal is subject to approval by the GSM, which will be held on 27 June 2024. Below we provide you with the historical dividends per share and dividend yields of the Company.

Ericsson NT dividends per share (2013 – 2024, EUR, left), dividend yield (2013 – 2024, %, right)