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Siemens Energy More Than Triples Dividend After Record Year

Siemens Energy More Than Triples Dividend After Record Year

Siemens Energy proposes to more than triple its dividend for the fiscal year 2026 ended on September 30 after booking record revenues and orders, driven by the grid and gas turbine businesses amid soaring electricity demand. The Germany-based Siemens Energy on Wednesday said it delivered a record fiscal year 2026, meeting or exceeding all targets that it had raised earlier this year.

2 billion euros, with capacity expansions at existing Gas Services and Grid Technologies sites already contributing to higher output. Both businesses reported their highest quarterly revenue to date. 5%. 8% on a group level. 54, taking the total global order backlog to a new record of $183 billion 164 billion euros.

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