ASML Holding (NASDAQ:ASML) Announces Dividend of $1.59

ASML Holding (NASDAQ:ASML - Get Free Report) announced a dividend on Wednesday, January 29th,NASDAQ Dividends reports. Stockholders of record on Tuesday, February 11th will be given a dividend of 1.5855 per share by the semiconductor company on Wednesday, February 19th. The ex-dividend date is Tuesday, February 11th. This is a positive change from ASML's previous dividend of $1.08.

ASML has increased its dividend payment by an average of 19.8% per year over the last three years. ASML has a payout ratio of 21.2% meaning its dividend is sufficiently covered by earnings. Analysts expect ASML to earn $29.27 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 21.7%.

ASML Stock Up 2.3 %

Shares of ASML stock traded up $16.38 on Monday, hitting $744.08. The stock had a trading volume of 985,663 shares, compared to its average volume of 1,899,555. ASML has a 52-week low of $645.45 and a 52-week high of $1,110.09. The firm has a market capitalization of $292.74 billion, a price-to-earnings ratio of 35.77, a P/E/G ratio of 1.63 and a beta of 1.47. The company has a debt-to-equity ratio of 0.20, a quick ratio of 0.99 and a current ratio of 1.53. The stock's 50 day moving average is $725.13 and its 200-day moving average is $766.07.

ASML (NASDAQ:ASML - Get Free Report) last announced its earnings results on Wednesday, January 29th. The semiconductor company reported $7.30 earnings per share 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%. As a group, research analysts expect that ASML will post 25.17 earnings per share for the current year.

Analyst Upgrades and Downgrades

ASML has been the topic of a number of recent analyst reports. DZ Bank raised ASML from a "hold" rating to a "buy" rating in a research report on Thursday, January 30th. JPMorgan Chase & Co. cut their price target on shares of ASML from $1,148.00 to $1,100.00 and set an "overweight" rating on the stock in a report on Thursday, January 30th. Wells Fargo & Company raised their price objective on shares of ASML from $790.00 to $860.00 and gave the stock an "overweight" rating in a report on Monday, January 13th. BNP Paribas assumed coverage on shares of ASML in a research report on Tuesday, December 3rd. They set an "outperform" rating and a $858.00 price target on the stock. Finally, Sanford C. Bernstein lowered their price objective on ASML from $815.00 to $767.00 and set an "outperform" rating for the company in a report on Friday, November 29th. Three equities research analysts have rated the stock with a hold rating, nine have assigned a buy rating and one has assigned a strong buy rating to the company's stock. According to data from MarketBeat.com, the stock currently has a consensus rating of "Moderate Buy" and an average 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.