Dividends, share buyback, bonds and credit rating

Dividend proposals

ASML aims to pay an annual dividend that will grow over time.

Annually, the Board of Management will, upon prior approval from the Supervisory Board, submit a proposal to the Annual General Meeting of shareholders with respect to the amount of dividend to be declared with respect to the prior year. The dividend proposal in any given year will be subject to the availability of distributable profits or retained earnings and may be affected by, among other factors, the Board of Management's views on our potential future liquidity requirements, including for investments in production capacity; the funding of our R&D programs and for acquisition opportunities that may arise from time to time; and by future changes in applicable income tax and corporate laws. Accordingly, it may be decided to propose not to pay a dividend or to pay a lower dividend with respect to any particular year in the future.

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

Dividend proposal

Dividend pay out

On April 22, 2020 the Annual General Meeting of Shareholders has declared a total dividend for 2019 of EUR 2.40 per ordinary share (final dividend of EUR 1.35).

Ex-dividend date and fixing date EUR/USD conversion for NY shares: April 24, 2020

Record date Euronext & Nasdaq: April 27, 2020

Dividend payment date: May 6, 2020

Bond and credit rating

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