ASML Holding N.V. (ASML) To Go Ex-Dividend on April 27th

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) dividend on an annualized basis and a dividend yield of 0.9%. The ex-dividend date is Monday, April 27th. This is a 68.8% increase from ASML’s previous quarterly dividend of $1.88.

ASML has increased its dividend payment by an average of 0.1%annually over the last three years. ASML has a payout ratio of 20.9% meaning its dividend is sufficiently covered by earnings. Equities 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 Stock Up 2.3%

NASDAQ:ASML opened at $1,455.16 on Friday. The company has a quick ratio of 0.70, a current ratio of 1.31 and a debt-to-equity ratio of 0.14. ASML has a 12-month low of $578.51 and a 12-month high of $1,493.47. The stock’s fifty day simple moving average is $1,169.55 and its 200-day simple moving average is $979.35. The firm has a market capitalization of $572.29 billion, a P/E ratio of 56.36, a P/E/G ratio of 1.93 and a beta of 1.86.

Institutional Investors Weigh In On ASML

A number of hedge funds and other institutional investors have recently made changes to their positions in ASML. Daymark Wealth Partners LLC increased its holdings in ASML by 25.3% during the second quarter. Daymark Wealth Partners LLC now owns 4,664 shares of the semiconductor company’s stock worth $3,738,000 after buying an additional 941 shares during the last quarter. Vanguard Personalized Indexing Management LLC lifted its stake in ASML by 6.9% in the second quarter. Vanguard Personalized Indexing Management LLC now owns 18,899 shares of the semiconductor company’s stock valued at $15,153,000 after acquiring an additional 1,225 shares during the last quarter. Exchange Traded Concepts LLC grew its position in shares of ASML by 30.1% in the 3rd quarter. Exchange Traded Concepts LLC now owns 13,919 shares of the semiconductor company’s stock valued at $13,475,000 after acquiring an additional 3,217 shares during the period. Venturi Wealth Management LLC increased its stake in shares of ASML by 9.1% during the 2nd quarter. Venturi Wealth Management LLC now owns 7,197 shares of the semiconductor company’s stock worth $5,767,000 after purchasing an additional 600 shares during the last quarter. Finally, ST Germain D J Co. Inc. raised its holdings in shares of ASML by 3.8% in the 3rd quarter. ST Germain D J Co. Inc. now owns 31,851 shares of the semiconductor company’s stock valued at $30,835,000 after purchasing an additional 1,171 shares during the period. 26.07% of the stock is currently owned by institutional investors and hedge funds.

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.