Siemens to End Seesaw Returns With Dividend Pledge
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Siemens AG Chief Executive Officer Peter Loescher may strive to hand investors the same reliability as its power-plant turbines and trains.
The German company will disclose a dividend policy for the first time tomorrow that pledges a payout based on annual earnings, according to an analyst survey by Bloomberg. Loescher is also set to introduce more ambitious return on capital targets, as he seeks to sustain growth rates that helped him boost profitability and cash since taking the helm in mid-2007.