ASML Holding N.V. (NASDAQ:ASML) Increases Dividend to $1.86 Per Share

ASML Holding N.V. (NASDAQ:ASML - Get Free Report) announced a quarterly dividend on Thursday, July 17th, Wall Street Journal reports. Shareholders of record on Tuesday, July 29th will be given a dividend of 1.856 per share by the semiconductor company on Wednesday, August 6th. This represents a $7.42 dividend on an annualized basis and a dividend yield of 1.01%. The ex-dividend date is Tuesday, July 29th. This is a 13.1% increase from ASML's previous quarterly dividend of $1.64.

ASML has a dividend payout ratio of 27.6% indicating that its dividend is sufficiently covered by earnings. Equities research 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 Price Performance

NASDAQ:ASML traded down $7.30 during midday trading on Friday, hitting $737.61. 1,574,878 shares of the stock were exchanged, compared to its average volume of 1,752,344. The business has a 50-day moving average price of $769.05 and a two-hundred day moving average price of $727.48. The company has a current ratio of 1.52, a quick ratio of 0.91 and a debt-to-equity ratio of 0.21. The company has a market capitalization of $290.19 billion, a price-to-earnings ratio of 30.76, a P/E/G ratio of 1.58 and a beta of 1.73. ASML has a one year low of $578.51 and a one year high of $957.21.

ASML (NASDAQ:ASML - Get Free Report) last issued its quarterly earnings results on Wednesday, July 16th. The semiconductor company reported $4.55 earnings per share for the quarter, missing analysts' consensus estimates of $5.94 by ($1.39). ASML had a net margin of 26.95% and a return on equity of 50.31%. The business had revenue of $8.94 billion during the quarter, compared to analyst estimates of $8.72 billion. During the same period in the previous year, the company posted $4.01 earnings per share. ASML's revenue was up 23.2% compared to the same quarter last year. Sell-side analysts predict that ASML will post 25.17 EPS for the current year.

Analyst Ratings Changes

ASML has been the subject of several research analyst reports. Barclays restated an "equal weight" rating on shares of ASML in a research report on Tuesday, June 3rd. Sanford C. Bernstein assumed coverage on ASML in a research report on Tuesday, June 17th. They set a "market perform" rating and a $806.00 target price for the company. Susquehanna dropped their target price on shares of ASML from $1,100.00 to $965.00 and set a "positive" rating on the stock in a report on Thursday, April 17th. Wells Fargo & Company lifted their price objective on ASML from $840.00 to $890.00 and gave the stock an "overweight" rating in a research note on Tuesday, July 8th. Finally, Jefferies Financial Group cut shares of ASML from a "buy" rating to a "hold" rating in a research note on Thursday, June 26th. Five analysts have rated the stock with a hold rating, six have given a buy rating and one has assigned a strong buy rating to the company's stock. According to data from MarketBeat, ASML currently has an average rating of "Moderate Buy" and an average target price of $923.80.

Institutional Trading of ASML

Several institutional investors have recently bought and sold shares of ASML. Capstone Wealth Management Group LLC lifted its holdings in shares of ASML by 5.2% during the first quarter. Capstone Wealth Management Group LLC now owns 2,511 shares of the semiconductor company's stock valued at $1,664,000 after acquiring an additional 124 shares during the period. AQR Capital Management LLC increased its position in shares of ASML by 141.1% during the 1st quarter. AQR Capital Management LLC now owns 6,871 shares of the semiconductor company's stock worth $4,553,000 after purchasing an additional 4,021 shares in the last quarter. Finally, UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC lifted its holdings in ASML by 153.1% during the 1st quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 17,210 shares of the semiconductor company's stock valued at $11,404,000 after purchasing an additional 10,411 shares during the last quarter. Institutional investors and hedge funds own 26.07% of the company's stock.

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.