What is the total return of ERIC over the past year?
Telefonaktiebolaget LM Ericsson (publ) (ERIC) delivered a total return of 15.75% over the past year when dividends are reinvested. The price-only return was 12.29%, meaning dividends contributed an additional 3.45 percentage points to total returns.
How much would $10,000 invested in ERIC be worth today?
A $10,000 investment in Telefonaktiebolaget LM Ericsson (publ) one year ago would be worth $11,575 today with dividends reinvested (DRIP). Without reinvesting dividends, the same investment would be worth $11,229. Dividend reinvestment added $345 to the portfolio value.
Does ERIC pay dividends?
Yes, Telefonaktiebolaget LM Ericsson (publ) (ERIC) pays dividends. Over the past year, ERIC paid 2 dividends totaling $0.2430 per share. Reinvesting these dividends through a DRIP can significantly boost long-term returns.