600% Dividend Alert: Record Date Set for January 30—Should You Buy Siemens Shares?

Siemens Ltd., a major player in the electrical equipment sector with a market capitalization of Rs 2,17,391.83 crore, has announced the record date for an impressive 600% dividend for the fiscal year 2024-25.

Dividend Payout Record Date

The record date for the dividend has been set for January 30, 2025. As per the company's announcement, the dividend will be paid starting on February 14, 2025, to eligible shareholders. Investors who hold shares in physical form and are listed in the company's Register of Members on January 30, 2025, will be entitled to the dividend. For shareholders holding shares in demat (electronic) form, the dividend will be credited to the beneficial owners as per the close of business on January 30, 2025, as per the company's exchange filing.

Siemens Dividend Details

Siemens Ltd. has declared a dividend of Rs 12 per share, which corresponds to a 600% payout based on the face value of Rs 2 per share. This payout is a clear indication of the company's solid financial health and its commitment to rewarding its investors.

Siemens Ltd Shares: Performance Overview

Siemens Ltd shares ended the trading session on Friday, January 10, 2025, in negative territory, closing at Rs. 6,100 per share, after recording a decline of 2.25%. The recent trend in the stock has been bearish, with short-term losses observed. Over the last five trading sessions, Siemens shares have seen a 7.64% decline in value. The 30-day movement shows a significant loss of 22.98%, reflecting a downward trend in recent weeks. In the past six months, the stock has fallen by 19.88%, indicating ongoing weakness in the market sentiment.

Over the past year, Siemens shares have gained 46.84%, and in the last five years, the stock has delivered a remarkable 303.91% return, rewarding long-term investors handsomely. Since its listing on the Bombay Stock Exchange (BSE), Siemens shares have skyrocketed by a whopping 26,677%, making it one of the most successful long-term investments in the Indian stock market.

To better understand Siemens' incredible long-term performance, consider this example:
If an investor had purchased 10,000 Siemens shares in 1999, when the stock was trading at Rs. 22.78 per share, the total investment would have been approximately Rs. 2,27,800. Fast forward to 2025, the value of those shares would have grown to a staggering Rs. 6,07,70,206 at the current market price of Rs. 6,100 per share.

About Siemens

Established in 1957, Siemens Ltd., a subsidiary of the German multinational Siemens AG, is one of India's leading engineering and technology companies. Siemens is headquartered in Mumbai and has a significant presence in multiple sectors, including industrial automation, digitalization, electrification, and healthcare.