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

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

Siemens Aktiengesellschaft Stock Up 0.7 %

Shares of OTCMKTS SIEGY traded up $0.75 during mid-day trading on Tuesday, hitting $104.71. 253,775 shares of the stock traded hands, compared to its average volume of 232,603. The stock has a fifty day moving average price of $100.83 and a 200-day moving average price of $96.73. The company has a debt-to-equity ratio of 0.73, a quick ratio of 1.15 and a current ratio of 1.40. The company has a market cap of $167.54 billion, a price-to-earnings ratio of 18.60, a PEG ratio of 3.59 and a beta of 1.28. Siemens Aktiengesellschaft has a 52 week low of $83.64 and a 52 week high of $109.88.

Wall Street Analyst Weigh In

Several equities analysts have recently issued reports on the stock. Bank of America lowered shares of Siemens Aktiengesellschaft from a “buy” rating to a “neutral” rating in a 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.