ASML Holding (NASDAQ:ASML) to Issue Quarterly Dividend of $1.64

ASML Holding (NASDAQ:ASML - Get Free Report) announced a quarterly dividend on Monday, February 3rd,Wall Street Journal reports. Shareholders of record on Monday, April 28th will be paid a dividend of 1.6414 per share by the semiconductor company on Tuesday, May 6th. This represents a $6.57 dividend on an annualized basis and a yield of 0.89%. The ex-dividend date is Monday, April 28th.

ASML has raised its dividend 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 $31.76 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 20.0%.

ASML Stock Up 0.3 %

Shares of ASML opened at $739.31 on Monday. The company has a quick ratio of 0.84, a current ratio of 1.55 and a debt-to-equity ratio of 0.29. The business has a fifty day moving average of $719.37 and a 200 day moving average of $773.48. The company has a market cap of $290.86 billion, a PE ratio of 35.54, a P/E/G ratio of 2.25 and a beta of 1.47. ASML has a 52-week low of $645.45 and a 52-week high of $1,110.09.

ASML (NASDAQ:ASML - Get Free Report) last released 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 return on equity of 50.53% and a net margin of 26.78%. On average, sell-side analysts expect that ASML will post 25.07 EPS for the current year.

Analyst Ratings Changes

Several brokerages have recently weighed in on ASML. BNP Paribas initiated coverage on ASML in a report on Tuesday, December 3rd. They issued an "outperform" rating and a $858.00 price target on the stock. Sanford C. Bernstein lowered their target price on shares of ASML from $815.00 to $767.00 and set an "outperform" rating for the company in a research note on Friday, November 29th. Susquehanna reduced their price target on shares of 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. Wells Fargo & Company boosted their price objective on shares of ASML from $790.00 to $860.00 and gave the company an "overweight" rating in a research report on Monday, January 13th. Finally, JPMorgan Chase & Co. decreased their price target on shares of ASML from $1,148.00 to $1,100.00 and set an "overweight" rating for the company in a research note on Thursday. Three research 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's stock. According to data from MarketBeat, ASML currently has a consensus rating of "Moderate Buy" and an average price target of $937.00.

ASML Company Profile

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.

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