ASML Holding N.V. (ASML) to Distribute Quarterly Dividend of $2.15 on August 5th

ASML Holding N.V. (NASDAQ:ASML) announced a quarterly dividend on Wednesday, July 15th. Investors of record on Tuesday, July 28th will be given a dividend of 2.1507 per share by the semiconductor company on Wednesday, August 5th. This represents a c) annualized dividend and a yield of 0.5%. The ex-dividend date of this dividend is Tuesday, July 28th.

ASML has raised its dividend payment by an average of 0.2%annually over the last three years. ASML has a payout ratio of 35.5% meaning its dividend is sufficiently covered by earnings. Equities analysts expect ASML to earn $49.45 per share next year, which means the company should continue to be able to cover its $10.77 annual dividend with an expected future payout ratio of 21.8%.

ASML Trading Down 1.7%

NASDAQ ASML opened at $1,784.87 on Friday. The company has a market capitalization of $701.95 billion, a price-to-earnings ratio of 55.53, a price-to-earnings-growth ratio of 1.38 and a beta of 1.78. The company has a debt-to-equity ratio of 0.13, a current ratio of 1.36 and a quick ratio of 0.78. ASML has a 12 month low of $683.48 and a 12 month high of $1,999.96. The company’s fifty day moving average price is $1,728.88 and its two-hundred day moving average price is $1,498.68.

ASML (NASDAQ:ASML) last released its earnings results on Monday, March 30th. The semiconductor company reported $8.28 earnings per share for the quarter. The company had revenue of $10.15 billion during the quarter. ASML had a net margin of 30.11% and a return on equity of 54.12%. As a group, research analysts predict that ASML will post 36.6 earnings per share for the current fiscal year.

Institutional Trading of ASML

Hedge funds have recently bought and sold shares of the company. Gradient Investments LLC increased its stake in shares of ASML by 424.3% during the fourth quarter. Gradient Investments LLC now owns 14,388 shares of the semiconductor company’s stock valued at $15,393,000 after acquiring an additional 11,644 shares during the period. Bingham Private Wealth LLC acquired a new stake in ASML in the fourth quarter worth approximately $1,444,000. Cambridge Investment Research Advisors Inc. lifted its position in ASML by 3.5% in the fourth quarter. Cambridge Investment Research Advisors Inc. now owns 22,467 shares of the semiconductor company’s stock worth $24,036,000 after purchasing an additional 760 shares during the period. Ervin Investment Management LLC boosted its stake in ASML by 1,236.4% during the 4th quarter. Ervin Investment Management LLC now owns 33,037 shares of the semiconductor company’s stock valued at $35,000 after purchasing an additional 30,565 shares in the last quarter. Finally, Keybank National Association OH boosted its stake in ASML by 21.3% during the 4th quarter. Keybank National Association OH now owns 65,354 shares of the semiconductor company’s stock valued at $69,920,000 after purchasing an additional 11,459 shares in the last quarter. 26.07% of the stock is currently owned by institutional investors.

About ASML

ASML Holding N.V. (NASDAQ: ASML) is a Dutch company that develops, manufactures and services advanced photolithography systems used to produce semiconductor chips. Headquartered in Veldhoven, Netherlands, ASML supplies capital equipment and associated software and services that enable semiconductor manufacturers to pattern the intricate circuits on silicon wafers. The company is widely recognized for its leadership in extreme ultraviolet (EUV) lithography as well as its deep ultraviolet (DUV) platforms used across multiple process nodes.

ASML’s product portfolio includes EUV and DUV lithography machines, light sources, imaging optics and control software, together with spare parts, upgrades and field services.