ASML Holding N.V. (ASML) To Go Ex-Dividend on July 28th

ASML Holding N.V. (NASDAQ:ASML) declared a quarterly dividend on Wednesday, July 15th. Shareholders of record on Tuesday, July 28th will be given a dividend of 2.1507 per share by the semiconductor company on Wednesday, August 5th. This represents a c) dividend on an annualized basis and a yield of 0.5%. The ex-dividend date is Tuesday, July 28th.

ASML has raised its dividend by an average of 0.2%per year over the last three years. ASML has a dividend payout ratio of 24.1% meaning its dividend is sufficiently covered by earnings. Equities analysts expect ASML to earn $57.42 per share next year, which means the company should continue to be able to cover its $7.31 annual dividend with an expected future payout ratio of 12.7%.

ASML Stock Performance

Shares of NASDAQ ASML opened at $1,757.09 on Friday. The company has a market cap of $691.03 billion, a PE ratio of 54.67, a price-to-earnings-growth ratio of 0.90 and a beta of 1.78. ASML has a 12 month low of $683.48 and a 12 month high of $1,999.96. The company has a debt-to-equity ratio of 0.09, a current ratio of 1.33 and a quick ratio of 0.80. The company has a 50-day simple moving average of $1,754.95 and a 200-day simple moving average of $1,524.62.

ASML (NASDAQ:ASML) last announced its quarterly earnings data on Sunday, June 28th. The semiconductor company reported $8.65 earnings per share (EPS) for the quarter. The business had revenue of $10.64 billion for the quarter. ASML had a net margin of 30.11% and a return on equity of 52.71%. On average, equities analysts anticipate that ASML will post 43.6 earnings per share for the current year.

Analyst Upgrades and Downgrades

Several brokerages have weighed in on ASML. Jefferies Financial Group reiterated a “neutral” rating on shares of ASML in a report on Monday, June 1st. Morningstar cut ASML to a “sell” rating in a report on Wednesday, May 27th. Royal Bank Of Canada lifted their price objective on ASML from $1,700.00 to $2,000.00 and gave the company an “outperform” rating in a research report on Tuesday, July 14th. Berenberg Bank reiterated a “buy” rating on shares of ASML in a research note on Friday, May 8th. Finally, Zacks Research downgraded ASML from a “strong-buy” rating to a “hold” rating in a research report on Friday, July 3rd. Four analysts have rated the stock with a Strong Buy rating, twenty-one have assigned a Buy rating, four have issued a Hold rating and three have assigned a Sell rating to the stock. Based on data from MarketBeat, the company presently has an average rating of “Moderate Buy” and an average target price of $1,970.33.

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.