ASML Holding to Issue Quarterly Dividend of $1.64 (NASDAQ:ASML)

ASML Holding (NASDAQ:ASML) announced 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 0.89%. The ex-dividend date is Monday, April 28th.

ASML has raised its dividend payment 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. Research analysts expect ASML to earn $31.76 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 20.0%.

ASML Trading Up 0.3 %

Shares of NASDAQ:ASML opened at $739.31 on Monday. The company has a debt-to-equity ratio of 0.29, a current ratio of 1.55 and a quick ratio of 0.84. The firm has a market capitalization of $290.86 billion, a P/E ratio of 35.54, a P/E/G ratio of 2.25 and a beta of 1.47. The business’s 50-day moving average is $719.37 and its 200 day moving average is $773.48. ASML has a 1 year low of $645.45 and a 1 year high of $1,110.09.

ASML (NASDAQ:ASML) last announced its quarterly earnings data on Wednesday, January 29th. The semiconductor company reported $7.30 EPS 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 50.53%. On average, research analysts predict that ASML will post 25.07 earnings per share for the current fiscal year.

Analyst Upgrades and Downgrades

ASML has been the subject of a number of research reports. BNP Paribas assumed coverage on ASML in a research report on Tuesday, December 3rd. They set an “outperform” rating and a $858.00 price target for the company. JPMorgan Chase & Co. cut their price target on shares of ASML from $1,148.00 to $1,100.00 and set an “overweight” rating on the stock in a report on Thursday. Susquehanna decreased their price objective on shares of ASML from $1,300.00 to $1,100.00 and set a “positive” rating for the company in a research note on Friday, October 11th. Sanford C. Bernstein cut their price objective on shares of ASML from $815.00 to $767.00 and set an “outperform” rating on the stock in a research note on Friday, November 29th. Finally, Wells Fargo & Company raised their target price on shares of ASML from $790.00 to $860.00 and gave the stock an “overweight” rating in a report on Monday, January 13th. Three analysts have rated the stock with a hold rating, nine have given a buy rating and one has issued a strong buy rating to the company’s stock. According to data from MarketBeat.com, ASML has a consensus rating of “Moderate Buy” and a consensus 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.