SMAWF - Siemens: Good FY19 And Dividend Boost Strengthens 2020
(Author's Note: Investors should be mindful of the risks of transacting in securities with limited liquidity, such as SIEGY and SMAWF. Siemens's listing in Frankfurt, XTRA:SIE, offers stronger liquidity.)
Siemens (SIEGY) (SMAWF) had an excellent run going into the late end of 2019. The company's share vastly outperformed the broader S&P 500 indices, in no small part due to a very strong 4Q19/FY19. At the beginning of 2019, I was "Very bullish" on Siemens - and that rating and "BUY" stance turned into a slightly market-beating performance on an annualized basis,