Capital return & financing

Dividend, share buyback, bonds, credit rating, standby facility and commercial paper

Dividend

ASML aims to distribute a dividend that will be growing over time, paid quarterly.

On an annual basis, the Board of Management, upon prior approval from the Supervisory Board, submits a proposal to the AGM with respect to the amount of dividend to be declared with respect to the prior year, taking into account any interim dividend distributions. The dividend proposal in any given year will be subject to availability of distributable profits, retained earnings and cash, and may be affected by, among other things, our view of potential future liquidity requirements including for investments in production capacity, working capital requirements, the funding of our R&D programs and acquisition opportunities that may arise from time to time.


The following graph shows the last five years of dividend, in EUR:

Dividends (€ per ordinary share)
Chart values per label: 2021: Total dividend: 5.5. 2022: Total dividend: 5.8. 2023: Total dividend: 6.1. 2024: Total dividend: 6.4. 2025: Interim dividend: 1.6, Interim dividend: 1.6, Interim dividend: 1.6, Final dividend: 2.7.
Dividend pay out

On April 22, 2026 the Annual General Meeting of Shareholders has approved the proposal to adopt a final dividend payment of €2.70 per ordinary share, which, together with the two interim dividends paid through the 2025 financial year and the interim dividend paid in February 2026, each €1.60 per ordinary share, leads to a total dividend for 2025 of €7.50 per ordinary share (17% increase compared to 2024).

Final dividend
Ex-dividend date Euronext: April 24, 2026
Ex-dividend date Nasdaq: April 27, 2026
Fixing date EUR/USD conversion for NY shares: April 27, 2026 (4.00 PM CET)
Record date: April 27, 2026
Payment date: May 5, 2026
 

The intended timetable for ASML Holding N.V. quarterly dividends (to be) paid in 2026 will be as follows:

EventAnnouncement date
Ex-dividend date Euronext
Ex-dividend date Nasdaq
Fixing date (and time) EUR/USD
conversion for New York shares
Record datePayment date
Interim dividend
28 January 2026
9 February 2026
10 February 2026
10 February 2026 (4.00 p.m. CET)
10 February 2026
18 February 2026
Final dividend 2025*
28 January 2026*
24 April 2026
27 April 2026
27 April 2026 (4.00 p.m. CET)
27 April 2026
5 May 2026
Interim dividend
15 July 2026
27 July 2026
28 July 2026
28 July 2026 (4.00 p.m. CET)
28 July 2026
5 August 2026
Interim dividend
14 October 2026
26 October 2026
27 October 2026
27 October 2026 (4.00 p.m. CET)
27 October 2026
4 November 2026

* Voting item General Meeting of Shareholders 22 April 2026

Share buyback

In addition to dividend payments, we intend to return cash to our shareholders on a regular basis through share buybacks or capital repayment, subject to our actual and anticipated level of liquidity requirements and other relevant factors.


The following graph shows the last five years of share buyback repurchased, cumulative from initial start in 2006, in million EUR:

Cumulative share buyback (€ million)
Chart values per label: 2021: 2021: 17160. 2022: 2022: 21800. 2023: 2023: 22800. 2024: 2024: 23300. 2025: 2025: 29250.

Find out more about previous and current share buyback programs.

Bonds

The following graph shows the current debt maturity schedule in EUR millions:

€ bonds (€ million)
Chart values per label: 2026: 2026: 1000. 2027: 2027: 750. 2028: 2029: 2029: 750. 2030: 2030: 750. 2031: 2032: 2032: 500.
Bond Information

The following table shows the bond information for each debt type:

Debt typeIssuerMaturityCurrencyVolume Outstanding (mln €)ISIN code
1.375% EUR BondASML Holding N.V.7 Jul 2026EUR
1,000
XS1405780963
1.625% EUR BondASML Holding N.V.28 May 2027EUR
750
XS1527556192
0.625% EUR BondASML Holding N.V.7 May 2029 EUR
750
 XS2166219720
0.250% EUR BondASML Holding N.V.25 Feb 2030EUR
750
XS2010032378
Green bond Information

The following table shows the green bond information for each green debt type:

Head 1 Head 2
Green Bond FrameworkDownloadSecond party opinionDownload
Allocation Report 2022DownloadImpact Report 2022 Download
Allocation Report 2023DownloadImpact Report 2023 Download
Allocation Report 2024DownloadImpact Report 2024Download
Debt typeIssuerMaturityCurrencyVolume Outstanding (mln €)ISIN code
2.250% EUR bondASML Holding N.V.
17 May 2032EUR
500
XS2473687106
Euro Medium Term Notes

As per March 20, 2026, ASML Holding N.V. has established a Euro Medium Term Note (EMTN) programme. The programme allows ASML Holding N.V. to issue notes for a total amount of up to EUR 10 billion.

Credit Rating

ASML is committed to maintain a capital structure that supports a solid investment grade credit rating. Regular review meetings are held between rating agencies and ASML senior management. See table for present rating and outlook:

Rating agencyLong-term ratingShort-term ratingOutlookRelated links
Moody's*A1
P-1stableMoody’s credit opinion November 6, 2025
Fitch**A+-stableFitch rating action commentary, May 17, 2024

*Rating upgraded to A1 from A2 on November 3, 2025

**Rating upgraded to A+ from A on May 17, 2024

Standby Facility
BorrowerFacility amountMaturity
ASML Holding N.V.
€ 1,500 million
2031
Commercial paper
TypeAmount
Euro Commercial Paper (ECP) Programme€ 1,500 million