Siemens Aktiengesellschaft (OTCMKTS:SIEGY) Announces Dividend Increase – $2.69 Per Share

Siemens Aktiengesellschaft (OTCMKTS:SIEGY) declared a dividend on Monday, February 3rd,NASDAQ Dividends reports. Stockholders of record on Friday, February 14th will be given a dividend of 2.6907 per share by the technology company on Tuesday, February 25th. The ex-dividend date of this dividend is Friday, February 14th. This is a positive change from Siemens Aktiengesellschaft’s previous dividend of $1.88.

Siemens Aktiengesellschaft Stock Up 0.7 %

Shares of OTCMKTS SIEGY traded up $0.75 during midday trading on Tuesday, reaching $104.71. The company’s stock had a trading volume of 253,775 shares, compared to its average volume of 232,603. The company has a current ratio of 1.40, a quick ratio of 1.15 and a debt-to-equity ratio of 0.73. Siemens Aktiengesellschaft has a fifty-two week low of $83.64 and a fifty-two week high of $109.88. The stock has a 50 day simple moving average of $100.83 and a 200-day simple moving average of $96.73. The stock has a market capitalization of $167.54 billion, a price-to-earnings ratio of 18.60, a PEG ratio of 3.59 and a beta of 1.28.

Wall Street Analysts Forecast Growth

A number of equities analysts have recently weighed in on the company. Bank of America cut shares of Siemens Aktiengesellschaft from a “buy” rating to a “neutral” rating in a research report on Tuesday, November 19th. Hsbc Global Res upgraded Siemens Aktiengesellschaft from a “moderate sell” rating to a “hold” rating in a research note on Thursday, December 5th.

About Siemens Aktiengesellschaft

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 (SFS) segments.