ASML Holding N.V. (NASDAQ:ASML) Shareholders to Get $2.11 Quarterly Dividend

ASML Holding N.V. (NASDAQ:ASML) announced a quarterly dividend on Thursday, October 15th. Shareholders of record on Tuesday, October 27th will be paid a dividend of $2.1077 per share by the semiconductor company on Wednesday, November 4th. This represents a $8.43 dividend on an annualized basis and a yield of 0.5%. The ex-dividend date of this dividend is Tuesday, October 27th. This is a 2.0% decrease from ASML’s previous quarterly dividend of $2.1507.

ASML has raised its dividend payment by an average of 0.2% annually over the last three years. ASML has a dividend payout ratio of 23.9% indicating that its dividend is sufficiently covered by earnings. Research analysts expect ASML to earn $58.27 per share next year, which means the company should continue to be able to cover its $7.26 annual dividend with an expected future payout ratio of 12.5%.

ASML Stock Performance

Shares of ASML stock opened at $1,657.44 on Friday. The company has a current ratio of 1.33, a quick ratio of 0.80 and a debt-to-equity ratio of 0.09. The business has a 50-day moving average price of $1,741.10 and a two-hundred day moving average price of $1,670.87. ASML has a 1-year low of $946.11 and a 1-year high of $1,999.96. The company has a market cap of $651.84 billion, a P/E ratio of 40.80, a PEG ratio of 0.74 and a beta of 1.77.

ASML (NASDAQ:ASML) last posted its quarterly earnings data on Sunday, September 27th. The semiconductor company reported $14.71 earnings per share for the quarter. The firm had revenue of $13.27 billion during the quarter. ASML had a return on equity of 65.18% and a net margin of 34.10%. As a group, analysts anticipate that ASML will post 43.56 EPS for the current year.

Hedge Funds Weigh In On ASML

Institutional investors have recently made changes to their positions in the stock. NBH Bank bought a new stake in ASML in the 2nd quarter valued at about $26,000. Field & Main Bank bought a new position in ASML in the second quarter worth approximately $30,000. Gilpin Wealth Management LLC boosted its holdings in ASML by 275.0% in the third quarter. Gilpin Wealth Management LLC now owns 15 shares of the semiconductor company’s stock worth $27,000 after acquiring an additional 11 shares in the last quarter. Tsfg LLC bought a new position in ASML in the second quarter worth approximately $44,000. Finally, Portus Wealth Advisors LLC acquired a new stake in ASML in the first quarter valued at approximately $32,000. Institutional investors and hedge funds own 26.07% of the company’s stock.

About ASML

ASML Holding N.V. is a Netherlands-based technology company that develops and manufactures advanced lithography systems used by semiconductor manufacturers to produce integrated circuits. Its equipment projects patterns onto silicon wafers, enabling the creation of increasingly smaller and more powerful semiconductor features.

ASML’s product portfolio includes extreme ultraviolet (EUV) lithography systems, deep ultraviolet (DUV) lithography systems, and related metrology and inspection solutions.