ASML Holding (NASDAQ:ASML) Declares $1.64 Quarterly Dividend

ASML Holding (NASDAQ:ASML) declared a quarterly dividend on Monday, February 3rd,Wall Street Journal reports. Shareholders of record on Monday, April 28th will be given a dividend of 1.6414 per share by the semiconductor company on Tuesday, May 6th. This represents a $6.57 annualized dividend and a yield of 0.90%. The ex-dividend date of this dividend 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 dividend payout ratio of 21.3% indicating that its dividend is sufficiently covered by earnings. Equities research analysts expect ASML to earn $30.80 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 20.6%.

ASML Trading Up 0.0 %

ASML opened at $731.41 on Wednesday. The company has a debt-to-equity ratio of 0.20, a quick ratio of 0.99 and a current ratio of 1.53. The stock has a market capitalization of $287.75 billion, a PE ratio of 35.16, a P/E/G ratio of 1.62 and a beta of 1.47. The business’s 50 day moving average price is $720.30 and its 200 day moving average price is $771.01. ASML has a one year low of $645.45 and a one year high of $1,110.09.

ASML (NASDAQ:ASML) last announced its earnings results on Wednesday, January 29th. The semiconductor company reported $7.30 earnings per share for the quarter, missing the consensus estimate of $7.67 by ($0.37). ASML had a return on equity of 47.73% and a net margin of 26.78%. As a group, equities research analysts expect that ASML will post 25.31 EPS for the current year.

Analyst Upgrades and Downgrades

Several research firms recently commented on ASML. DZ Bank raised ASML from a “hold” rating to a “buy” rating in a research note on Thursday, January 30th. BNP Paribas started coverage on ASML in a research report on Tuesday, December 3rd. They set an “outperform” rating and a $858.00 price objective for the company. Susquehanna reduced their target price on shares of ASML from $1,300.00 to $1,100.00 and set a “positive” rating on the stock in a report on Friday, October 11th. JPMorgan Chase & Co. lowered 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 report on Thursday, January 30th. Finally, Wells Fargo & Company raised their price objective on shares of ASML from $790.00 to $860.00 and gave the company an “overweight” rating in a report on Monday, January 13th. Three research analysts have rated the stock with a hold rating, nine have assigned a buy rating and one has issued a strong buy rating to the company’s stock. According to MarketBeat.com, the company has a consensus rating of “Moderate Buy” and an average target price of $937.00.

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.