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

ASML Holding (NASDAQ:ASML) declared a quarterly dividend on Friday, January 26th, Wall Street Journal reports. Investors of record on Monday, April 29th will be paid a dividend of 1.5794 per share by the semiconductor company on Tuesday, May 7th. This represents a $6.32 annualized dividend and a 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. Equities 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 Stock Performance

NASDAQ:ASML opened at $892.32 on Thursday. The company has a debt-to-equity ratio of 0.33, a current ratio of 1.54 and a quick ratio of 0.88. The firm has a market cap of $352.10 billion, a PE ratio of 45.57, a P/E/G ratio of 2.25 and a beta of 1.48. The firm has a 50 day simple moving average of $956.36 and a 200-day simple moving average of $801.54. ASML has a 1-year low of $563.99 and a 1-year high of $1,056.34.

ASML (NASDAQ:ASML) last issued its quarterly earnings results on Wednesday, January 24th. The semiconductor company reported $5.60 earnings per share for the quarter, beating the consensus estimate of $5.12 by $0.48. ASML had a return on equity of 56.99% and a net margin of 27.23%. The company had revenue of $7.79 billion during the quarter, compared to the consensus estimate of $7.34 billion. On average, equities analysts expect that ASML will post 20.04 EPS for the current year.

Analyst Upgrades and Downgrades

ASML has been the topic of several recent analyst reports. Evercore ISI began coverage on ASML in a research report on Tuesday, April 16th. They set an “outperform” rating on the stock. Wells Fargo & Company raised their target price on shares of ASML from $1,050.00 to $1,150.00 and gave the stock an “overweight” rating in a research report on Tuesday, April 2nd. Sanford C. Bernstein dropped 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. HSBC started coverage on shares of ASML in a report on Thursday, February 22nd. They issued a “buy” rating on the stock. Finally, Redburn Atlantic raised ASML from a “sell” rating to a “neutral” rating in a research report on Tuesday, February 20th. Five equities research 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. According to data from MarketBeat.com, the stock 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.