ASML Holding N.V. (NASDAQ:ASML) Shareholders to Get $2.11 Quarterly Dividend

ASML Holding N.V. (NASDAQ:ASML) declared a quarterly dividend on Thursday, October 15th. Shareholders of record on Tuesday, October 27th will be given a dividend of $2.1077 per share by the semiconductor company on Wednesday, November 4th. This represents a $8.43 annualized dividend and a yield of 0.5%. The ex-dividend date is Tuesday, October 27th. This is a 2.0% decrease from ASML’s previous quarterly dividend of $2.1507.

ASML has increased its dividend by an average of 0.2% per year over the last three years. ASML has a payout ratio of 23.9% meaning its dividend is sufficiently covered by earnings. Equities research analysts expect ASML to earn $58.27 per share next year, which means the company should continue to be able to cover its $7.26 annual dividend with an expected future payout ratio of 12.5%.

ASML Stock Performance

ASML stock opened at $1,657.44 on Friday. The firm has a 50 day simple moving average of $1,741.10 and a 200 day simple moving average of $1,670.87. ASML has a 52 week low of $946.11 and a 52 week high of $1,999.96. The stock has a market cap of $651.84 billion, a P/E ratio of 40.80, a P/E/G ratio of 0.74 and a beta of 1.77. The company has a debt-to-equity ratio of 0.09, a quick ratio of 0.80 and a current ratio of 1.33.

ASML (NASDAQ:ASML) last posted its quarterly earnings results on Sunday, September 27th. The semiconductor company reported $14.71 EPS for the quarter. The business had revenue of $13.27 billion for the quarter. ASML had a net margin of 34.10% and a return on equity of 65.18%. Research analysts anticipate that ASML will post 43.56 earnings per share for the current fiscal year.

Analyst Upgrades and Downgrades

Several analysts have commented on the stock. Weiss Ratings raised shares of ASML from a “hold (c+)” rating to a “buy (b-)” rating in a research report on Friday, October 2nd. Jefferies Financial Group restated a “neutral” rating on shares of ASML in a report on Wednesday, September 30th. Bank of America lifted their price objective on shares of ASML from $2,268.00 to $2,345.00 and gave the company a “buy” rating in a research note on Monday, June 22nd. DZ Bank raised shares of ASML from a “hold” rating to a “strong-buy” rating in a research report on Thursday, July 16th. Finally, UBS Group reissued a “buy” rating on shares of ASML in a research report on Monday, September 28th. Three equities research analysts have rated the stock with a Strong Buy rating, eighteen have given a Buy rating, two have issued a Hold rating and three have given a Sell rating to the stock. According to MarketBeat, ASML has a consensus rating of “Moderate Buy” and an average price target of $2,079.12.

ASML Company Profile

ASML Holding N.V. is a Netherlands-based technology company that develops and manufactures advanced lithography systems used by semiconductor manufacturers to produce integrated circuits. Its equipment projects patterns onto silicon wafers, enabling the creation of increasingly smaller and more powerful semiconductor features.

ASML’s product portfolio includes extreme ultraviolet (EUV) lithography systems, deep ultraviolet (DUV) lithography systems, and related metrology and inspection solutions.