SAP and Siemens Boast Dividend Increases and Robust Exchange Opportunities for their Shares
Shares of SAP and Siemens see continuous growth, promising substantial dividends for investors
SAP and Siemens stocks continue to soar, with investors anticipating generous dividends as early as February. Siemens AG's Annual General Meeting is scheduled for the 13th of February, shortly followed by a considerable dividend payout. Meanwhile, SAP is poised to join the ranks of high-dividend German stocks.
SAP's Steady Dividend Growth
In the past decade, SAP has seen its dividend per share more than double, climbing from €1.10 in 2015 to €2.20 in 2024. Analysts predict an upcoming dividend of at least €2.30 per share, scheduled for February 20th. This trend of consistent dividend growth at SAP is set to persist.
The rising profits of a company such as SAP enable it to distribute these earnings as dividends. Although the dividend yield hasn't increased due to the substantial rise in the stock price, the SAP share still presents an attractive option for investors, given its stock price has quadrupled.
Complementing SAP's optimistic price targets, analysts are bullish on its projections, with BNP Paribas suggesting potential up to €300 and Goldman Sachs foreseeing as high as €320.
Siemens' Upcoming Dividend
As one of the first German companies to hold its Annual General Meeting in February, Siemens is expected to approve a dividend of €5.20 per share. Investors holding Siemens shares on the day of the AGM can expect to receive the dividend a few banking days later. The annual dividend has increased from €3.30 in 2015 to the €5.20 expected this year. While the growth rate is slightly slower compared to SAP, Siemens offers a higher dividend amount per share.
The Siemens share presents a stable combination of promising price gains, a low valuation with a P/E ratio of 18.1, and further upside potential. BÖRSE ONLINE sets the price target for Siemens shares at €230, maintaining its recommendation to buy.
As for SAP's dividend payable in February 202X, it is uncertain, as the exact timing is usually decided after the annual general shareholders meeting, which typically takes place in May or June. Investors are encouraged to stay updated on SAP's official announcements or financial calendar for the specific year to obtain precise dividend details.
In light of SAP's steady dividend growth, savvy investors might consider it a viable opportunity for long-term personal-finance gains, given its consistent dividend increases and potential for future per-share dividends. The upcoming Siemens dividend, expected at €5.20 per share, positions it as a strong choice for business-minded individuals, despite a slightly slower growth rate compared to SAP, due to its higher dividend amount per share and promising price gains.