ASML Holding N.V. (NASDAQ:ASML) Announces Quarterly Dividend of $1.86

Key Points

• ASML Holding N.V. announced a quarterly dividend of $1.86 per share, which will be paid on November 6th to stockholders of record on October 29th.
• The company's annualized dividend yield is currently 0.7%, reflecting a slight increase from the previous quarterly dividend.
• ASML has a solid payout ratio of 27.6%, indicating sufficient earnings coverage for its expected $8.36 annual dividend amidst projected earnings of $29.27 per share for the next year.

ASML Holding N.V. (NASDAQ:ASML - Get Free Report) announced a quarterly dividend on Wednesday, October 15th. Stockholders of record on Wednesday, October 29th will be paid a dividend of 1.857 per share by the semiconductor company on Thursday, November 6th. This represents a c) annualized dividend and a dividend yield of 0.7%. The ex-dividend date of this dividend is Wednesday, October 29th. This is a 0.1% increase from ASML's previous quarterly dividend of $1.86.

ASML has a payout ratio of 27.6% indicating that its dividend is sufficiently covered by earnings. Equities analysts expect ASML to earn $29.27 per share next year, which means the company should continue to be able to cover its $8.36 annual dividend with an expected future payout ratio of 28.6%.

ASML Trading Up 2.7%

Shares of ASML opened at $1,009.81 on Thursday. The company has a debt-to-equity ratio of 0.21, a quick ratio of 0.81 and a current ratio of 1.43. The company has a market cap of $397.14 billion, a price-to-earnings ratio of 42.15, a PEG ratio of 1.66 and a beta of 1.87. The stock has a fifty day moving average price of $852.01 and a two-hundred day moving average price of $768.34. ASML has a 52-week low of $578.51 and a 52-week high of $1,059.00.

ASML (NASDAQ:ASML - Get Free Report) last posted its quarterly earnings data on Wednesday, July 16th. The semiconductor company reported $4.55 earnings per share (EPS) for the quarter, missing the consensus estimate of $5.94 by ($1.39). The firm had revenue of $8.94 billion for the quarter, compared to analyst estimates of $8.72 billion. ASML had a return on equity of 49.47% and a net margin of 26.95%.The firm's quarterly revenue was up 23.2% compared to the same quarter last year. During the same period in the prior year, the company posted $4.01 EPS. Analysts predict that ASML will post 25.17 EPS for the current fiscal year.

Institutional Investors Weigh In On ASML

Institutional investors have recently made changes to their positions in the company. UMB Bank n.a. boosted its position in shares of ASML by 4.3% in the second quarter. UMB Bank n.a. now owns 317 shares of the semiconductor company's stock valued at $254,000 after acquiring an additional 13 shares during the period. Rossmore Private Capital grew its position in shares of ASML by 0.3% during the 1st quarter. Rossmore Private Capital now owns 4,347 shares of the semiconductor company's stock worth $2,880,000 after purchasing an additional 14 shares in the last quarter. Baring Financial LLC boosted its stake in shares of ASML by 2.8% in the second quarter. Baring Financial LLC now owns 510 shares of the semiconductor company's stock valued at $409,000 after buying an additional 14 shares during the period. Sage Mountain Advisors LLC grew its position in ASML by 2.6% during the first quarter. Sage Mountain Advisors LLC now owns 602 shares of the semiconductor company's stock worth $399,000 after buying an additional 15 shares in the last quarter. Finally, Manchester Capital Management LLC increased its stake in ASML by 15.2% during the 1st quarter. Manchester Capital Management LLC now owns 114 shares of the semiconductor company's stock worth $76,000 after acquiring an additional 15 shares during the period. Institutional investors own 26.07% of the company's stock.

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.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.