ASML Holding (NASDAQ:ASML) Announces Quarterly Dividend of $1.58

ASML Holding (NASDAQ:ASML) announced a quarterly dividend on Thursday, January 25th, Wall Street Journal reports. Stockholders of record on Monday, April 29th will be given a dividend of 1.5794 per share by the semiconductor company on Tuesday, May 7th. This represents a $6.32 annualized dividend and a dividend yield of 0.70%. The ex-dividend date of this dividend is Friday, April 26th. This is a positive change from ASML’s previous quarterly dividend of $1.53.

ASML has a payout ratio of 24.0% meaning its dividend is sufficiently covered by earnings. Equities research analysts expect ASML to earn $30.43 per share next year, which means the company should continue to be able to cover its $7.60 annual dividend with an expected future payout ratio of 25.0%.

ASML Price Performance

Shares of ASML opened at $901.57 on Wednesday. The company has a 50 day moving average price of $957.00 and a 200-day moving average price of $800.90. ASML has a fifty-two week low of $563.99 and a fifty-two week high of $1,056.34. The stock has a market capitalization of $355.75 billion, a PE ratio of 46.05, a PEG ratio of 2.11 and a beta of 1.49. The company has a debt-to-equity ratio of 0.33, a quick ratio of 0.88 and a current ratio of 1.54.

ASML (NASDAQ:ASML) last posted its earnings results on Wednesday, January 24th. The semiconductor company reported $5.60 EPS for the quarter, beating analysts’ consensus estimates of $5.12 by $0.48. The company had revenue of $7.79 billion during the quarter, compared to analysts’ expectations of $7.34 billion. ASML had a net margin of 27.23% and a return on equity of 56.99%. Equities analysts predict that ASML will post 20.31 earnings per share for the current fiscal year.

Analyst Ratings Changes

A number of research analysts have issued reports on ASML shares. Redburn Atlantic raised shares of ASML from a “sell” rating to a “neutral” rating in a report on Tuesday, February 20th. Evercore ISI started coverage on shares of ASML in a report on Tuesday, April 16th. They issued an “outperform” rating for the company. Raymond James raised their price target on shares of ASML from $850.00 to $1,000.00 and gave the stock a “strong-buy” rating in a report on Thursday, January 25th. HSBC started coverage on shares of ASML in a report on Thursday, February 22nd. They issued a “buy” rating for the company. Finally, Sanford C. Bernstein decreased their price target on shares of ASML from $1,072.00 to $1,052.00 and set an “outperform” rating for the company in a report on Friday, April 12th. Five equities research analysts have rated the stock with a hold rating, nine have given a buy rating and one has given a strong buy rating to the company’s stock. According to MarketBeat.com, ASML presently has an average rating of “Moderate Buy” and an average target price of $1,036.00.

ASML Company Profile

ASML Holding N.V. develops, produces, markets, sells, and services advanced semiconductor equipment systems for chipmakers. It offers advanced semiconductor equipment systems, including lithography, metrology, and inspection systems. The company also provides extreme ultraviolet lithography systems; and deep ultraviolet lithography systems comprising immersion and dry lithography solutions to manufacture various range of semiconductor nodes and technologies.