ASML Holding N.V. (NASDAQ:ASML) to Issue Quarterly Dividend of $2.11

Key Points

• ASML declared a quarterly dividend of $2.1077 per share, payable November 4 to shareholders of record on October 27. The annualized dividend is $8.43, yielding 0.5%, and is 2% below the previous quarterly payment.
• The dividend appears well covered, with a current payout ratio of 23.9%; analysts expect an even lower future payout ratio of 12.5% based on projected earnings.
• Wall Street maintains a “Moderate Buy” consensus on ASML, with an average price target of $2,079.12 versus an opening price of $1,657.44.

ASML Holding N.V. (NASDAQ:ASML - Get Free Report) announced a quarterly dividend on Thursday, October 15th. Shareholders of record on Tuesday, October 27th will be paid a dividend of $2.1077 per share by the semiconductor company on Wednesday, November 4th. This represents a $8.43 annualized dividend and a dividend yield of 0.5%. The ex-dividend date is Tuesday, October 27th. This is a 2.0% decrease from ASML's previous quarterly dividend of $2.1507.

ASML has increased its dividend payment by an average of 0.2% per year over the last three years. ASML has a dividend payout ratio of 23.9% indicating that its dividend is sufficiently covered by earnings. Analysts expect ASML to earn $58.27 per share next year, which means the company should continue to be able to cover its $7.26 annual dividend with an expected future payout ratio of 12.5%.

ASML Stock Performance

ASML opened at $1,657.44 on Friday. The business's 50 day moving average is $1,741.10 and its 200-day moving average is $1,670.87. The stock has a market cap of $651.84 billion, a PE ratio of 40.80, a price-to-earnings-growth ratio of 0.74 and a beta of 1.77. The company has a current ratio of 1.33, a quick ratio of 0.80 and a debt-to-equity ratio of 0.09. ASML has a twelve month low of $946.11 and a twelve month high of $1,999.96.

ASML (NASDAQ:ASML - Get Free Report) last issued its quarterly earnings data on Sunday, September 27th. The semiconductor company reported $14.71 earnings per share (EPS) for the quarter. The business had revenue of $13.27 billion during the quarter. ASML had a return on equity of 65.18% and a net margin of 34.10%. On average, analysts predict that ASML will post 43.56 earnings per share for the current year.

Wall Street Analyst Weigh In

A number of equities research analysts recently weighed in on ASML shares. Citigroup restated a "buy" rating on shares of ASML in a research note on Thursday. Sanford C. Bernstein increased their target price on shares of ASML from $1,971.00 to $2,623.00 and gave the company an "outperform" rating in a research report on Monday, July 6th. Jefferies Financial Group reissued a "neutral" rating on shares of ASML in a research note on Wednesday, September 30th. Royal Bank Of Canada reissued an "outperform" rating and set a $2,100.00 target price on shares of ASML in a research note on Wednesday, October 7th. Finally, Cantor Fitzgerald restated an "overweight" rating on shares of ASML in a research report on Monday, September 14th. Three investment analysts have rated the stock with a Strong Buy rating, eighteen have issued a Buy rating, two have issued a Hold rating and three have assigned a Sell rating to the company. Based on data from MarketBeat, the stock has a consensus rating of "Moderate Buy" and an average price target of $2,079.12.

About ASML

ASML Holding N.V. is a Netherlands-based technology company that develops and manufactures advanced lithography systems used by semiconductor manufacturers to produce integrated circuits. Its equipment projects patterns onto silicon wafers, enabling the creation of increasingly smaller and more powerful semiconductor features.

ASML's product portfolio includes extreme ultraviolet (EUV) lithography systems, deep ultraviolet (DUV) lithography systems, and related metrology and inspection solutions.

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