3 Reasons to Buy This Undervalued Dividend Stock
German industrial giant Siemens (OTC: SIEGY) stands out as a beacon of value in an increasingly expensive market. The stock offers investors a compelling mix of exposure to growth industries (automation, industrial software, smart infrastructure, electrification) balanced by earnings from its majority holding in a world-class healthcare company, Siemens Healthineers. Sporting a dividend that at current share prices yields 2.6% and trading at attractive valuations, Siemens would make a strong addition to many portfolios.
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Here's a quick look at the key industrial businesses that provide the bulk of Siemens earnings. For reference, the total company numbers differ from the total industrial businesses numbers for a few reasons.
Source Fool.com
