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:
Dividend pay out
On January 29, 2025 ASML announced that it intends to declare a total dividend for the year 2024 of €6.40 per ordinary share, which is a 4.9% increase compared to 2023. An interim dividend of €1.52 per ordinary share will be made payable on February 19, 2025.
Recognizing this interim dividend and the two interim dividends of €1.52 per ordinary share paid in 2024, this leads to a final dividend proposal to the General Meeting of €1.84 per ordinary share.
Interim dividend
Ex-dividend date Euronext: February 10, 2025
Ex-dividend date Nasdaq: February 11, 2025
Fixing date EUR/USD conversion for NY shares: February 11, 2025 (4.00 PM CET)
Record date: February 11, 2025
Payment date: February 19, 2025
On February 11, 2025 at 4.00 PM CET the EUR/USD conversion rate for the payment of the final dividend on February 19, 2025 to ASML’s New York Shareholders in USD was fixed at 1.033200.
Final dividend
Ex-dividend date Euronext: April 25, 2025
Ex-dividend date Nasdaq: April 28, 2025
Fixing date EUR/USD conversion for NY shares: April 28, 2025 (4.00 PM CET)
Record date: April 28, 2025
Payment date: May 6, 2025
The intended timetable for ASML Holding N.V. quarterly dividends (to be) paid in 2025 will be as follows:
| Event | Announcement date | Ex-dividend date Euronext | Ex-dividend date Nasdaq | Fixing date (and time) EUR/USD conversion for New York shares | Record date | Payment date |
|---|---|---|---|---|---|---|
Interim dividend | 29 January 2025 | 10 February 2025 | 11 February 2025 | 11 February 2025 (4.00 PM CET) | 11 February 2025 | 19 February 2025 |
Final dividend 2024* | 29 January 2025* | 25 April 2025 | 28 April 2025 | 28 April 2025 (4.00 PM CET) | 28 April 2025 | 6 May 2025 |
| Interim dividend | 16 July 2025 | 28 July 2025 | 29 July 2025 | 29 July 2025 (4.00 PM CET) | 29 July 2025 | 6 August 2025 |
| Interim dividend | 15 October 2025 | 28 October 2025 | 29 October 2025 | 29 October 2025 (4.00 PM CET) | 29 October 2025 | 6 November 2025 |
* Voting item General Meeting of Shareholders 23 April 2025
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:
Find out more about previous and current share buyback programs.
Bonds
The following graph shows the current debt maturity schedule in EUR millions:
Bond Information
The following table shows the bond information for each debt type:
| Debt type | Issuer | Maturity | Currency | Volume Outstanding (mln €) | ISIN code |
|---|---|---|---|---|---|
| 3.500% EUR bond | ASML Holding N.V. | 6 Dec 2025 | EUR | 1,000 | XS2631416950 |
| 1.375% EUR Bond | ASML Holding N.V. | 7 Jul 2026 | EUR | 1,000 | XS1405780963 |
| 1.625% EUR Bond | ASML Holding N.V. | 28 May 2027 | EUR | 750 | XS1527556192 |
| 0.625% EUR Bond | ASML Holding N.V. | 7 May 2029 | EUR | 750 | XS2166219720 |
| 0.250% EUR Bond | ASML Holding N.V. | 25 Feb 2030 | EUR | 750 | XS2010032378 |
Green bond Information
The following table shows the green bond information for each green debt type:
| Debt type | Issuer | Maturity | Currency | Volume Outstanding (mln €) | ISIN code |
|---|---|---|---|---|---|
| 2.250% EUR bond | ASML Holding N.V. | 17 May 2032 | EUR | 500 | XS2473687106 |
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 agency | Long-term rating | Short-term rating | Outlook | Related links |
|---|---|---|---|---|
| Moody's* | A2 | P-1 | positive | Moody’s credit opinion May 2, 2024 |
| Fitch** | A+ | - | stable | Fitch rating action commentary, May 17, 2024 |
*Rating upgraded to A2 from A3 on August 30, 2021
**Rating upgraded to A+ from A on May 17, 2024
Standby Facility
| Borrower | Facility amount | Maturity |
|---|---|---|
| ASML Holding N.V. | € 1,500 million | 2029 |
Commercial paper
| Type | Amount |
|---|---|
| Euro Commercial Paper (ECP) Programme | € 1,500 million |
