ASML Holding (NASDAQ:ASML) Announces Quarterly Dividend of $1.64

ASML Holding (NASDAQ:ASML) declared a quarterly dividend on Monday, February 3rd,Wall Street Journal reports. Stockholders of record on Monday, April 28th will be paid a dividend of 1.6414 per share by the semiconductor company on Tuesday, May 6th. This represents a $6.57 annualized dividend and a dividend yield of 0.90%. The ex-dividend date is Monday, April 28th.

ASML has raised its dividend by an average of 19.8% annually over the last three years. ASML has a payout ratio of 21.3% meaning its dividend is sufficiently covered by earnings. 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 Price Performance

Shares of NASDAQ ASML opened at $731.05 on Tuesday. The stock has a market cap of $287.61 billion, a PE ratio of 35.15, a price-to-earnings-growth ratio of 1.62 and a beta of 1.47. ASML has a fifty-two week low of $645.45 and a fifty-two week high of $1,110.09. 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 fifty day moving average of $719.37 and a 200-day moving average of $772.37.

ASML (NASDAQ:ASML) last announced its quarterly 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 net margin of 26.78% and a return on equity of 47.73%. Equities research analysts anticipate that ASML will post 25.31 earnings per share for the current year.

Analysts Set New Price Targets

ASML has been the subject of several research analyst reports. DZ Bank raised ASML from a “hold” rating to a “buy” rating in a research note on Thursday, January 30th. Wells Fargo & Company lifted their price objective on ASML from $790.00 to $860.00 and gave the company an “overweight” rating in a research note on Monday, January 13th. BNP Paribas started coverage on ASML in a research note on Tuesday, December 3rd. They set an “outperform” rating and a $858.00 price objective for the company. JPMorgan Chase & Co. dropped their price target on ASML from $1,148.00 to $1,100.00 and set an “overweight” rating for the company in a research note on Thursday, January 30th. Finally, Sanford C. Bernstein dropped their price target on ASML from $815.00 to $767.00 and set an “outperform” rating for the company in a research note on Friday, November 29th. Three 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. According to data from MarketBeat, the stock has an average rating of “Moderate Buy” and an average price target 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.