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

ASML Holding N.V. (NASDAQ:ASML) announced a quarterly dividend on Thursday, October 15th. Stockholders 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 dividend 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 increased its dividend payment by an average of 0.2% annually over the last three years. ASML has a payout ratio of 23.9% meaning its dividend is sufficiently covered by earnings. Equities 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 Trading Down 1.0%

Shares of ASML traded down $15.92 during mid-day trading on Friday, hitting $1,641.52. 1,887,451 shares of the company’s stock traded hands, compared to its average volume of 1,516,126. The company has a quick ratio of 0.80, a current ratio of 1.49 and a debt-to-equity ratio of 0.09. ASML has a 1 year low of $946.11 and a 1 year high of $1,999.96. The firm has a market capitalization of $645.58 billion, a P/E ratio of 40.41, a PEG ratio of 0.73 and a beta of 1.77. The business’s 50-day moving average price is $1,739.12 and its 200-day moving average price is $1,670.66.

ASML (NASDAQ:ASML) last announced its earnings results on Sunday, September 27th. The semiconductor company reported $14.71 EPS for the quarter. The company had revenue of $13.27 billion during the quarter. ASML had a return on equity of 64.24% and a net margin of 34.10%. As a group, sell-side analysts forecast that ASML will post 43.86 EPS for the current fiscal year.

Institutional Investors Weigh In On ASML

A number of hedge funds and other institutional investors have recently bought and sold shares of ASML. Van ECK Associates Corp boosted its holdings in shares of ASML by 31.7% during the 2nd quarter. Van ECK Associates Corp now owns 2,459,420 shares of the semiconductor company’s stock valued at $4,892,869,000 after purchasing an additional 592,125 shares during the last quarter. Sei Investments Co. raised its holdings in ASML by 223.7% during the 1st quarter. Sei Investments Co. now owns 287,225 shares of the semiconductor company’s stock valued at $379,368,000 after buying an additional 198,505 shares during the period. Amundi lifted its holdings in shares of ASML by 498.0% in the 2nd quarter. Amundi now owns 156,791 shares of the semiconductor company’s stock worth $311,926,000 after acquiring an additional 130,573 shares during the last quarter. Arrowstreet Capital Limited Partnership raised its position in ASML by 6.3% in the 1st quarter. Arrowstreet Capital Limited Partnership now owns 1,641,565 shares of the semiconductor company’s stock worth $2,168,227,000 after purchasing an additional 96,860 shares during the period. Finally, Mariner Investment Group LLC purchased a new stake in ASML in the 4th quarter worth about $99,497,000. Hedge funds and other institutional investors 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.