ASM International NV (OTCMKTS:ASMIY) Declares Dividend of $2.65

ASM International NV (OTCMKTS:ASMIY - Get Free Report) declared a dividend on Tuesday, May 13th, investing.com reports. Stockholders of record on Friday, May 16th will be paid a dividend of 2.6456 per share on Wednesday, May 21st. This represents a dividend yield of 0.49%. The ex-dividend date of this dividend is Thursday, May 15th. This is a 3.5% increase from ASM International's previous dividend of $2.56.

ASM International Price Performance

OTCMKTS ASMIY traded down $3.63 during mid-day trading on Friday, hitting $546.05. The stock had a trading volume of 11,733 shares, compared to its average volume of 7,462. The firm's 50 day moving average is $478.33 and its 200 day moving average is $536.21. ASM International has a twelve month low of $372.61 and a twelve month high of $813.23. The stock has a market capitalization of $26.81 billion, a price-to-earnings ratio of 45.17 and a beta of 1.82.

ASM International (OTCMKTS:ASMIY - Get Free Report) last released its earnings results on Tuesday, April 29th. The company reported $4.11 earnings per share for the quarter, missing the consensus estimate of $4.23 by ($0.12). The firm had revenue of $955.30 million during the quarter, compared to analyst estimates of $1 billion. ASM International had a net margin of 19.98% and a return on equity of 17.10%. As a group, equities research analysts expect that ASM International will post 14.46 earnings per share for the current year.

Analyst Upgrades and Downgrades

ASMIY has been the topic of several recent research reports. Hsbc Global Res upgraded ASM International from a "hold" rating to a "strong-buy" rating in a research report on Friday, May 2nd. HSBC upgraded ASM International to a "buy" rating in a research report on Friday, May 2nd. One equities research analyst has rated the stock with a hold rating, two have assigned a buy rating and three have issued a strong buy rating to the company's stock. Based on data from MarketBeat, ASM International has an average rating of "Buy" and a consensus price target of $561.00.

About ASM International

ASM International NV, together with its subsidiaries, engages in the research, development, manufacture, marketing, and servicing of equipment and materials used to produce semiconductor devices in Europe, the United States, and Asia. The company's products include wafer processing deposition systems for atomic layer deposition (ALD), epitaxy, silicon carbide, plasma enhanced chemical vapor deposition (PECVD), and vertical furnace systems, including low pressure chemical vapor deposition (LPCVD), diffusion, and oxidation products, as well as provides spare parts and support services.