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:

Dividend pay out

On January 28, 2026 ASML announced that it intends to declare a total dividend for the year 2025 of €7.50 per ordinary share, which is a 17% increase compared to 2024. An interim dividend of €1.60 per ordinary share will be made payable on February 18, 2026.

Recognizing this interim dividend and the two interim dividends of €1.60 per ordinary share paid in 2025, this leads to a final dividend proposal to the General Meeting of €2.70 per ordinary share.

Interim dividend

Ex-dividend date Euronext: February 9, 2026
Ex-dividend date Nasdaq: February 10, 2026
Fixing date EUR/USD conversion for NY shares: February 10, 2026 (4.00 PM CET)
Record date: February 10, 2026
Payment date: February 18, 2026

On February 10th, 2026 at 4.00 PM CET the EUR/USD conversion rate for the payment of the interim dividend on February 18th, 2026 to ASML’s New York Shareholders in USD was fixed at 1.1915.

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:

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 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
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
2030
Commercial paper
TypeAmount
Euro Commercial Paper (ECP) Programme€ 1,500 million