Capital return & financing

Dividends, share buyback, bonds and credit rating, standby facility

Dividend proposals

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 paid, in EUR:

Dividend pay out

On July 20, 2022 ASML announced that it has revised its dividend policy to provide for dividend payments on a quarterly basis, starting with an interim dividend of € 1.37 per ordinary share that will be made payable on August 12, 2022.

 

Ex-dividend date: August 4, 2022

Fixing date (and time) EUR/USD conversion for NY shares: August 4, 2022 (16:00 CET)

Record date Euronext & Nasdaq: August 5, 2022


On August 4, 2022 at 4.00 p.m. CET the EUR/USD conversion rate for the payment of the Q3 2022 interim dividend on August 12, 2022 to ASML’s New York Shareholders in USD was fixed at 1.018930.

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.

Bond and credit rating

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
3.375% EUR Bond ASML Holding N.V. 19 Sep 2023 EUR 750 XS0972530561
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:

Green Bond Framework        Download        Second party opinion        Download       
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 Outlook Related links
Moody's* A2 stable Moody's credit opinion, September 1, 2021
Fitch** A stable Fitch rating action commentary, April 19, 2022

*Rating  upgraded to A2 from A3 on August 30, 2021

**Rating upgraded to A from A- on April 19, 2022

 

Standby Facility

EUR 700 million syndicated revolving credit facility - not used.

Key terms & conditions:

Borrower Facility amount Maturity
ASML Holding N.V. € 700 million 2026