Is Siemens (ADR) Stock a Buy?
The case for buying stock in the German industrial giant is based on two pillars. First is its hefty dividend -- current yield is around 3.6%. Second is that the diversification in its mix of businesses should ensure its earnings and dividend can grow throughout the economic cycle.
Let's take a look at these factors in the context of the latest first-quarter earnings report from Siemens (OTC: SIEGY).
On the first marker, there was slightly disappointing news. Siemens plans to pay out 40% to 60% of its net income in dividends, and here the news was mixed. In this article, I will refer to Siemens' numbers in euros, but holders of the ADR will trade the stock (and receive dividends) in U.S. dollars.
Source Fool.com
