ASML Holding (ASML) to Issue Quarterly Dividend of $1.58 on May 7th

ASML Holding (NASDAQ:ASML) declared a quarterly dividend on Friday, January 26th, Wall Street Journal reports. Stockholders of record on Monday, April 29th will be given a dividend of 1.5794 per share by the semiconductor company on Tuesday, May 7th. This represents a $6.32 dividend on an annualized basis and a dividend yield of 0.70%. The ex-dividend date is Friday, April 26th.

ASML has a payout ratio of 24.0% meaning its dividend is sufficiently covered by earnings. Analysts expect ASML to earn $30.43 per share next year, which means the company should continue to be able to cover its $7.60 annual dividend with an expected future payout ratio of 25.0%.

ASML Stock Performance

NASDAQ:ASML opened at $901.57 on Wednesday. The company has a quick ratio of 0.88, a current ratio of 1.54 and a debt-to-equity ratio of 0.33. ASML has a fifty-two week low of $563.99 and a fifty-two week high of $1,056.34. The stock has a market cap of $355.75 billion, a PE ratio of 46.05, a price-to-earnings-growth ratio of 2.11 and a beta of 1.49. The firm’s fifty day simple moving average is $957.00 and its 200-day simple moving average is $800.90.

ASML (NASDAQ:ASML) last posted its quarterly earnings results on Wednesday, January 24th. The semiconductor company reported $5.60 earnings per share for the quarter, topping analysts’ consensus estimates of $5.12 by $0.48. ASML had a net margin of 27.23% and a return on equity of 56.99%. The business had revenue of $7.79 billion for the quarter, compared to analysts’ expectations of $7.34 billion. Analysts expect that ASML will post 20.31 earnings per share for the current fiscal year.

Wall Street Analysts Forecast Growth

A number of equities analysts have recently weighed in on ASML shares. Redburn Atlantic raised shares of ASML from a “sell” rating to a “neutral” rating in a research note on Tuesday, February 20th. Sanford C. Bernstein lowered their price objective on shares of ASML from $1,072.00 to $1,052.00 and set an “outperform” rating on the stock in a research note on Friday, April 12th. Kepler Capital Markets raised shares of ASML from a “hold” rating to a “buy” rating in a research note on Monday, January 8th. Susquehanna increased their price objective on shares of ASML from $830.00 to $1,100.00 and gave the company a “positive” rating in a research note on Friday, January 26th. Finally, Evercore ISI initiated coverage on shares of ASML in a research note on Tuesday, April 16th. They issued an “outperform” rating on the stock. Five research analysts have rated the stock with a hold rating, nine have assigned a buy rating and one has given a strong buy rating to the company’s stock. According to data from MarketBeat.com, ASML currently has a consensus rating of “Moderate Buy” and a consensus target price of $1,036.00.

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.