Siemens Limited manufactures and sells electric motors, generators, transformers, electricity distribution and control apparatus, general purpose machinery, and other electrical equipment in India and internationally. The company's Energy segment provides integrated products, solutions, and services for oil and gas production, and power generation and transmission. It serves oil and gas, utilities, independent power producers, and engineering, procurement, and construction companies. Its Smart Infrastructure segment supplies products, systems, solutions, and services for transmission and distribution of electrical energy for power utilities, industrial companies, and infrastructure segments. This segment offers systems for low and medium voltage distribution; solutions for smart grids and energy automation; and low voltage power supply systems, as well as intelligent and connected infrastructure for grids and buildings. The company's Mobility segment provides solutions for passenger and freight transportation, including rail vehicles, rail automation systems, rail electrification systems, road traffic technology, and IT solutions. Its Portfolio Companies segment provides products, services, and mining and minerals solutions to industry sector. The company's Digital Industries segment offers automation, drives, and software technologies covering the complete life cycle from product design and production execution to services for discrete and process industries. The company also engages in the lease rental business. Additionally, it manufactures electronic components and optical products, and industrial machinery and equipment, as well as engages in the repair of fabricated metal products, and machinery and equipment. The company was formerly known as Siemens India Limited and changed its name to Siemens Limited in March 1987. Siemens Limited was founded in 1867 and is based in Mumbai, India. Siemens Limited operates as a subsidiary of Siemens Aktiengesellschaft.
Siemens Dividend Announcement
• Siemens announced a annually dividend of ₹10.00 per ordinary share which will be made payable on 2024-03-14. Ex dividend date: 2024-01-30
• Siemens annual dividend for 2024 was ₹10.00
• Siemens annual dividend for 2023 was ₹10.00
• Siemens's trailing twelve-month (TTM) dividend yield is 0.13%
• Siemens's dividend growth over the last five years (2018-2023) was 7.39% year
• Siemens's dividend growth over the last ten years (2013-2023) was 5.24% year
Siemens Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-01-30 | ₹10.00 | annually | 2024-03-14 |
2023-01-30 | ₹10.00 | annually | 2023-03-16 |
2022-01-20 | ₹8.00 | annually | 2022-03-06 |
2021-01-27 | ₹7.00 | annually | 2021-03-14 |
2020-02-03 | ₹7.00 | annually | 2020-03-12 |
2019-01-28 | ₹7.00 | annually | 2019-03-08 |
2018-01-25 | ₹7.00 | annually | 2018-03-08 |
2017-01-31 | ₹6.00 | annually | 2017-03-10 |
2016-08-12 | ₹27.50 | annually | 2016-09-03 |
2016-01-21 | ₹4.00 | annually | 2016-02-05 |
2015-01-14 | ₹6.00 | annually | 2015-02-06 |
2014-01-15 | ₹5.00 | annually | 2014-02-06 |
2013-01-16 | ₹6.00 | annually | 2013-02-06 |
Siemens Dividend per year
Siemens Dividend growth
Siemens Dividend Yield
Siemens current trailing twelve-month (TTM) dividend yield is 0.13%. Interested in purchasing Siemens stock? Use our calculator to estimate your expected dividend yield:
Siemens Financial Ratios
Siemens Dividend FAQ
Other factors to consider when evaluating Siemens as a dividend stock include its dividend yield, dividend growth, payout ratio, and the sustainability of its dividend payments given its earnings and cash flow. These factors can provide insight into the company's ability to maintain or increase its dividend in the future.
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1. Determination of Dividend: Siemens's board of directors reviews the company's financial performance, cash flow, future investment needs, and other relevant factors to determine the amount and timing of dividend payments.
2. Dividend Declaration: Once the board approves a dividend, Siemens publicly announces the dividend amount, currency, and the ex-dividend date. The ex-dividend date is the date on or after which the buyer of the stock will not be eligible to receive the upcoming dividend payment.
3. Record Date: The record date is the date on which the company checks its records to identify shareholders who are eligible to receive the dividend. Only shareholders on record as of this date will receive the dividend.
4. Payment Date: On the designated payment date, Siemens distributes the dividend to eligible shareholders. The dividend is usually paid in the form of cash directly into the shareholder's brokerage account or through other designated payment methods.
5. Tax Implications: Dividends received from Siemens are generally taxable as income. Shareholders may need to report dividend income on their tax returns and pay applicable taxes according to their jurisdiction's tax regulations.
1. Record Date: Siemens sets a record date, which is the date on which the company checks its records to determine the eligible shareholders. Only those who are shareholders on record as of this date will receive the dividend.
2. Payment Date: On the designated payment date, Siemens distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: Siemens declares the currency in which the dividend will be paid. Depending on the shareholder's location and the currency election made by the shareholder, the dividend will be converted to the appropriate currency during the payment process.
To assess the safety of Siemens's dividend, it is crucial to analyze the company's financial health, debt levels, cash flow generation, and ability to sustain dividend payments over the long term. Additionally, monitoring the company's future earnings, cash flow projections, and management's commitment to dividend policies can provide valuable insights.
It is recommended to review Siemens's financial reports, official announcements, and consult with financial advisors or experts who have access to the most current and comprehensive information about the company's financial situation.