ASML Holding (NASDAQ:ASML) to Issue Dividend Increase – $1.58 Per Share

ASML Holding (NASDAQ:ASML) declared a quarterly dividend on Thursday, January 25th, Wall Street Journal reports. Shareholders of record on Monday, April 29th will be paid a dividend of 1.5794 per share by the semiconductor company on Tuesday, May 7th. This represents a $6.32 annualized dividend and a yield of 0.71%. The ex-dividend date of this dividend is Friday, April 26th. This is a positive change from ASML’s previous quarterly dividend of $1.53.

ASML has a dividend payout ratio of 24.0% indicating that its dividend is sufficiently covered by earnings. Research analysts expect ASML to earn $30.62 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 24.8%.

ASML Stock Performance

Shares of NASDAQ ASML opened at $892.32 on Thursday. The stock has a market cap of $352.10 billion, a PE ratio of 45.57, a price-to-earnings-growth ratio of 2.25 and a beta of 1.48. ASML has a 1 year low of $563.99 and a 1 year high of $1,056.34. The firm has a fifty day moving average price of $956.36 and a 200-day moving average price of $801.54. The company has a debt-to-equity ratio of 0.33, a current ratio of 1.54 and a quick ratio of 0.88.

ASML (NASDAQ:ASML) last issued its quarterly earnings results on Wednesday, January 24th. The semiconductor company reported $5.60 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $5.12 by $0.48. ASML had a return on equity of 56.99% and a net margin of 27.23%. The business had revenue of $7.79 billion during the quarter, compared to analyst estimates of $7.34 billion. Equities analysts anticipate that ASML will post 20.04 earnings per share for the current fiscal year.

Analyst Upgrades and Downgrades

Several analysts recently issued reports on the company. Kepler Capital Markets raised ASML from a “hold” rating to a “buy” rating in a research note on Monday, January 8th. Cantor Fitzgerald began coverage on shares of ASML in a research report on Tuesday, January 23rd. They set an “overweight” rating on the stock. HSBC started coverage on shares of ASML in a research note on Thursday, February 22nd. They set a “buy” rating for the company. Evercore ISI assumed coverage on shares of ASML in a report on Tuesday, April 16th. They set an “outperform” rating for the company. Finally, Sanford C. Bernstein cut their price target on ASML from $1,072.00 to $1,052.00 and set an “outperform” rating for the company in a report on Friday, April 12th. Five analysts have rated the stock with a hold rating, nine have given a buy rating and one has assigned a strong buy rating to the company’s stock. According to MarketBeat, the stock has an average rating of “Moderate Buy” and an average target price of $1,036.00.

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.