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

ASML Holding (NASDAQ:ASML) announced a quarterly dividend on Friday, January 26th, Wall Street Journal reports. Investors 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 dividend on an annualized basis and a dividend yield of 0.71%. The ex-dividend date is Friday, April 26th.

ASML has a payout ratio of 24.0% meaning its dividend is sufficiently covered by earnings. Research analysts expect ASML to earn $30.62 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 24.8%.

ASML Price Performance

Shares of NASDAQ:ASML opened at $892.32 on Thursday. 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 has a one year low of $563.99 and a one year high of $1,056.34. The company has a market capitalization of $352.10 billion, a PE ratio of 45.57, a price-to-earnings-growth ratio of 2.25 and a beta of 1.48. The stock has a fifty day moving average of $956.36 and a 200-day moving average of $801.54.

ASML (NASDAQ:ASML) last posted its quarterly earnings data on Wednesday, January 24th. The semiconductor company reported $5.60 EPS for the quarter, topping analysts’ consensus estimates of $5.12 by $0.48. ASML had a net margin of 27.23% and a return on equity of 56.99%. The firm had revenue of $7.79 billion during the quarter, compared to analyst estimates of $7.34 billion. As a group, equities analysts anticipate that ASML will post 20.04 EPS for the current fiscal year.

Analyst Ratings Changes

Several equities research analysts recently issued reports on ASML shares. Wells Fargo & Company increased their price objective on ASML from $1,050.00 to $1,150.00 and gave the stock an “overweight” rating in a research note on Tuesday, April 2nd. Sanford C. Bernstein reduced 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 research report on Friday, April 12th. Kepler Capital Markets raised shares of ASML from a “hold” rating to a “buy” rating in a research report on Monday, January 8th. HSBC assumed coverage on shares of ASML in a research note on Thursday, February 22nd. They issued a “buy” rating on the stock. Finally, Cantor Fitzgerald started coverage on shares of ASML in a research note on Tuesday, January 23rd. They set an “overweight” rating for the company. Five analysts have rated the stock with a hold rating, nine have assigned a buy rating and one has issued a strong buy rating to the company’s stock. Based on data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and a consensus price target of $1,036.00.

About ASML

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.