ASML Holding N.V. (NASDAQ:ASML) Declares Quarterly Dividend of $3.18

ASML Holding N.V. (NASDAQ:ASML) declared a quarterly dividend on Wednesday, January 28th. Stockholders of record on Monday, April 27th will be given a dividend of 3.1771 per share by the semiconductor company on Tuesday, May 5th. This represents a c) annualized dividend and a dividend yield of 0.9%. The ex-dividend date of this dividend is Monday, April 27th. This is a 68.8% increase from ASML’s previous quarterly dividend of $1.88.

ASML has raised its dividend payment by an average of 0.1%per year over the last three years. ASML has a dividend payout ratio of 20.9% indicating that its dividend is sufficiently covered by earnings. Analysts expect ASML to earn $29.27 per share next year, which means the company should continue to be able to cover its $6.33 annual dividend with an expected future payout ratio of 21.6%.

ASML Trading Up 1.6%

NASDAQ ASML traded up $23.01 during trading hours on Thursday, reaching $1,445.93. The company’s stock had a trading volume of 1,949,752 shares, compared to its average volume of 2,324,148. The firm has a fifty day simple moving average of $1,160.07 and a 200-day simple moving average of $976.02. The company has a debt-to-equity ratio of 0.14, a current ratio of 1.31 and a quick ratio of 0.70. ASML has a 52 week low of $578.51 and a 52 week high of $1,493.47. The stock has a market cap of $568.66 billion, a P/E ratio of 58.81, a P/E/G ratio of 1.98 and a beta of 1.86.

Institutional Inflows and Outflows

A number of institutional investors have recently modified their holdings of ASML. Family Capital Management Inc. boosted its position in shares of ASML by 0.8% during the 4th quarter. Family Capital Management Inc. now owns 919 shares of the semiconductor company’s stock worth $983,000 after purchasing an additional 7 shares in the last quarter. Sky Investment Group LLC lifted its stake in shares of ASML by 2.1% in the fourth quarter. Sky Investment Group LLC now owns 384 shares of the semiconductor company’s stock valued at $411,000 after buying an additional 8 shares in the last quarter. BOS Asset Management LLC grew its holdings in shares of ASML by 2.4% during the fourth quarter. BOS Asset Management LLC now owns 377 shares of the semiconductor company’s stock valued at $403,000 after buying an additional 9 shares during the last quarter. Foster Victor Wealth Advisors LLC lifted its position in shares of ASML by 1.2% during the fourth quarter. Foster Victor Wealth Advisors LLC now owns 765 shares of the semiconductor company’s stock valued at $818,000 after purchasing an additional 9 shares in the last quarter. Finally, HBK Sorce Advisory LLC grew its position in ASML by 1.0% in the 3rd quarter. HBK Sorce Advisory LLC now owns 1,057 shares of the semiconductor company’s stock worth $1,067,000 after purchasing an additional 10 shares in the last quarter. Institutional investors and hedge funds own 26.07% of the company’s stock.

About ASML

ASML Holding N.V. (NASDAQ: ASML) is a Dutch company that develops, manufactures and services advanced photolithography systems used to produce semiconductor chips. Headquartered in Veldhoven, Netherlands, ASML supplies capital equipment and associated software and services that enable semiconductor manufacturers to pattern the intricate circuits on silicon wafers. The company is widely recognized for its leadership in extreme ultraviolet (EUV) lithography as well as its deep ultraviolet (DUV) platforms used across multiple process nodes.

ASML’s product portfolio includes EUV and DUV lithography machines, light sources, imaging optics and control software, together with spare parts, upgrades and field services.