ASML Holding N.V. (ASML) to Issue Quarterly Dividend of $1.88 on February 18th

ASML Holding N.V. (NASDAQ:ASML) announced a quarterly dividend on Wednesday, January 28th. Investors of record on Tuesday, February 10th will be paid a dividend of 1.8827 per share by the semiconductor company on Wednesday, February 18th. This represents a c) dividend on an annualized basis and a yield of 0.5%. The ex-dividend date is Tuesday, February 10th. This is a 1.4% increase from ASML’s previous quarterly dividend of $1.86.

ASML has raised its dividend payment by an average of 0.1%annually over the last three years. ASML has a dividend payout ratio of 20.9% indicating that its dividend is sufficiently covered by earnings. Equities research analysts expect ASML to earn $29.27 per share next year, which means the company should continue to be able to cover its $6.33 annual dividend with an expected future payout ratio of 21.6%.

ASML Price Performance

NASDAQ ASML opened at $1,455.16 on Friday. The company has a quick ratio of 0.70, a current ratio of 1.31 and a debt-to-equity ratio of 0.14. The company has a market cap of $572.29 billion, a PE ratio of 56.36, a price-to-earnings-growth ratio of 1.93 and a beta of 1.86. ASML has a 52 week low of $578.51 and a 52 week high of $1,493.47. The firm’s 50-day simple moving average is $1,169.55 and its two-hundred day simple moving average is $979.35.

Wall Street Analysts Forecast Growth

Several research analysts recently commented on the stock. Berenberg Bank reaffirmed a “buy” rating on shares of ASML in a report on Friday, January 23rd. Deutsche Bank Aktiengesellschaft reiterated a “buy” rating on shares of ASML in a research report on Thursday. New Street Research reissued a “neutral” rating on shares of ASML in a report on Monday, October 6th. UBS Group restated a “buy” rating on shares of ASML in a research note on Thursday. Finally, HSBC reaffirmed a “buy” rating on shares of ASML in a report on Friday, October 17th. Three analysts have rated the stock with a Strong Buy rating, twenty-one have assigned a Buy rating, seven have given a Hold rating and two have assigned a Sell rating to the company. According to data from MarketBeat, ASML currently has a consensus rating of “Moderate Buy” and a consensus price target of $1,475.00.

ASML Company Profile

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.