Siemens Aktiengesellschaft (OTCMKTS:SIEGY) Increases Dividend to $1.67 Per Share

Siemens Aktiengesellschaft (OTCMKTS:SIEGY – Get Rating) announced a dividend on Wednesday, January 25th, investing.com reports. Shareholders of record on Monday, February 13th will be given a dividend of 1.6706 per share by the technology company on Tuesday, February 21st. This represents a yield of 2.19%. The ex-dividend date of this dividend is Friday, February 10th. This is a boost from Siemens Aktiengesellschaft’s previous dividend of $1.67.

Siemens Aktiengesellschaft Price Performance

SIEGY opened at $77.87 on Wednesday. The company has a fifty day moving average price of $70.81 and a two-hundred day moving average price of $59.31. The company has a debt-to-equity ratio of 0.80, a quick ratio of 1.13 and a current ratio of 1.38. Siemens Aktiengesellschaft has a 52 week low of $46.37 and a 52 week high of $83.59. The firm has a market capitalization of $132.38 billion, a PE ratio of 31.62, a P/E/G ratio of 1.66 and a beta of 1.16.

Siemens Aktiengesellschaft (OTCMKTS:SIEGY – Get Rating) last announced its quarterly earnings results on Thursday, November 17th. The technology company reported $1.69 earnings per share for the quarter, topping analysts’ consensus estimates of $1.50 by $0.19. The company had revenue of $20.74 billion for the quarter, compared to analysts’ expectations of $19.20 billion. Siemens Aktiengesellschaft had a net margin of 5.14% and a return on equity of 6.98%. As a group, analysts anticipate that Siemens Aktiengesellschaft will post 4.45 earnings per share for the current year.

Analyst Upgrades and Downgrades

Several equities research analysts have commented on the stock. Societe Generale cut shares of Siemens Aktiengesellschaft from a “buy” rating to a “hold” rating in a research report on Friday, October 14th. Barclays boosted their price target on shares of Siemens Aktiengesellschaft from €90.00 ($97.83) to €94.00 ($102.17) and gave the stock an “underweight” rating in a research report on Friday, November 18th. Sanford C. Bernstein raised shares of Siemens Aktiengesellschaft from an “underperform” rating to a “market perform” rating in a research report on Wednesday, January 4th. Finally, Deutsche Bank Aktiengesellschaft lowered their price objective on shares of Siemens Aktiengesellschaft from €160.00 ($173.91) to €145.00 ($157.61) in a research note on Wednesday, October 5th. One investment analyst has rated the stock with a sell rating, two have issued a hold rating and three have assigned a buy rating to the stock. According to data from MarketBeat.com, the stock currently has a consensus rating of “Hold” and an average price target of $152.50.

Siemens Aktiengesellschaft Company Profile

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Siemens Aktiengesellschaft, a technology company, focuses in the areas of automation and digitalization in Europe, Commonwealth of Independent States, Africa, the Middle East, the Americas, Asia, and Australia. It operates through Digital Industries, Smart Infrastructure, Mobility, Siemens Healthineers, and Siemens Financial Services segments.