ASML Holding (NASDAQ:ASML) Announces Quarterly Dividend of $1.64

ASML Holding (NASDAQ:ASML) declared a quarterly dividend on Monday, February 3rd,Wall Street Journal reports. Stockholders of record on Monday, April 28th will be given a dividend of 1.6414 per share by the semiconductor company on Tuesday, May 6th. This represents a $6.57 annualized dividend and a dividend yield of 0.90%. The ex-dividend date of this dividend is Monday, April 28th.

ASML has raised its dividend payment by an average of 19.8% per year over the last three years. ASML has a payout ratio of 21.3% indicating that its dividend is sufficiently covered by earnings. Equities analysts expect ASML to earn $30.80 per share next year, which means the company should continue to be able to cover its $6.34 annual dividend with an expected future payout ratio of 20.6%.

ASML Price Performance

ASML opened at $731.05 on Tuesday. The company has a debt-to-equity ratio of 0.20, a quick ratio of 0.99 and a current ratio of 1.53. ASML has a 52-week low of $645.45 and a 52-week high of $1,110.09. The stock has a market capitalization of $287.61 billion, a PE ratio of 35.15, a price-to-earnings-growth ratio of 1.62 and a beta of 1.47. The stock’s 50 day moving average price is $719.37 and its 200-day moving average price is $772.37.

ASML (NASDAQ:ASML) last posted its earnings results on Wednesday, January 29th. The semiconductor company reported $7.30 earnings per share (EPS) for the quarter, missing the consensus estimate of $7.67 by ($0.37). ASML had a net margin of 26.78% and a return on equity of 47.73%. On average, equities research analysts predict that ASML will post 25.31 EPS for the current year.

Analyst Upgrades and Downgrades

A number of equities research analysts have recently commented on the company. DZ Bank raised ASML from a “hold” rating to a “buy” rating in a research note on Thursday, January 30th. JPMorgan Chase & Co. cut their target price on ASML from $1,148.00 to $1,100.00 and set an “overweight” rating on the stock in a research note on Thursday, January 30th. Susquehanna cut their target price on ASML from $1,300.00 to $1,100.00 and set a “positive” rating on the stock in a research note on Friday, October 11th. BNP Paribas assumed coverage on ASML in a research note on Tuesday, December 3rd. They issued an “outperform” rating and a $858.00 target price on the stock. Finally, Sanford C. Bernstein cut their target price on ASML from $815.00 to $767.00 and set an “outperform” rating on the stock in a research note on Friday, November 29th. Three analysts have rated the stock with a hold rating, nine have issued a buy rating and one has assigned a strong buy rating to the company. According to data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and a consensus price target of $937.00.

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.