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Siemens Energy ( (DE:ENR) ) just unveiled an announcement.
The German Federal Parliament’s Budget Committee has lifted Siemens Energy’s dividend restriction for the fiscal year 2025, a year earlier than planned. This change follows the early replacement of a guarantee facility, which led to the termination of a government counter-guarantee. The decision allows Siemens Energy to potentially distribute dividends between 40% to 60% of its net income to shareholders, impacting its financial operations and signaling a positive shift in its financial strategy.
The most recent analyst rating on (DE:ENR) stock is a Sell with a EUR13.00 price target. To see the full list of analyst forecasts on Siemens Energy stock, see the DE:ENR Stock Forecast page.
More about Siemens Energy
Siemens Energy AG is a company operating in the energy sector, primarily focusing on the production and distribution of energy solutions. The company offers a range of products and services including power generation, transmission, and renewable energy technologies. Siemens Energy is positioned in various markets, with a significant presence in the regulated markets of Frankfurt and other major German cities.
Average Trading Volume: 2,249,273
Technical Sentiment Signal: Buy
Current Market Cap: €75.08B
Find detailed analytics on ENR stock on TipRanks’ Stock Analysis page.