Overview

• The Bundestag Budget Committee authorized a dividend payout for the fiscal year ending September despite previous restrictions tied to state guarantees.
• Siemens Energy repaid its government-backed guarantees in June and secured a €9 billion syndicated bank facility to support its financing needs.
• The company forecasts up to €1 billion in net profit and intends to distribute 40–60% of earnings to shareholders.
• A final decision on dividend size and payment timing will be made in November once full-year results are confirmed.
• Since its 2021 spin-off, Siemens Energy paid only a €0.10 per share dividend before a loss-making crisis suspended distributions.