What is Manila Electric Co Forward Dividend Yield %?
As of today (2024-05-16), the Forward Annual Dividend Yield of Manila Electric Co is 5.30%.
As of today (2024-05-16), the Trailing Annual Dividend Yield of Manila Electric Co is 5.30%.
PHS:MER's Forward Dividend Yield % is ranked better than 67.45% of 427
companies
in the Utilities - Regulated industry
Industry Median: 4.01
vs PHS:MER: 5.30
During the past 12 months, Manila Electric Co's average Dividends Per Share Growth Rate was 21.90% per year.
During the past 3 years, the average Dividends Per Share Growth Rate was 25.90% per year.
During the past 5 years, the average Dividends Per Share Growth Rate was 15.80% per year.
During the past 10 years, the average Dividends Per Share Growth Rate was 10.70% per year.
During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of Manila Electric Co was 97.20% per year. The lowest was -23.40% per year. And the median was 9.60% per year.
The growth rate is calculated with least square regression.
For more information regarding to dividend, please check our Dividend Page.
Competitive Comparison of Manila Electric Co's Forward Dividend Yield %
For the Utilities - Regulated Electric subindustry, Manila Electric Co's Forward Dividend Yield %, along with its competitors' market caps and Forward Dividend Yield % data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
Manila Electric Co's Forward Dividend Yield % Distribution in the Utilities - Regulated Industry
For the Utilities - Regulated industry and Utilities sector, Manila Electric Co's Forward Dividend Yield % distribution charts can be found below:
* The bar in red indicates where Manila Electric Co's Forward Dividend Yield % falls into.
Manila Electric Co Forward Dividend Yield % Calculation
Dividend Yield measures how much a company pays out in dividends each year relative to its share price.
Manila Electric Co Recent Full-Year* Dividend History
Amount
Ex-date
Record Date
Pay Date
Type
Frequency
Forex Rate
PHP 11.235000
2024-03-26
2024-03-27
2024-04-24
Cash Dividend
semi-annually
PHP:PHP 1.000000
PHP 8.520000
2023-08-29
2023-08-30
2023-09-14
Cash Dividend
semi-annually
PHP:PHP 1.000000
* GuruFocus has an internal rule that if the most recent dividend payment frequency is at least 4 times a year, then the full year will be calculated according to the frequency of payment or the one-year time frame, whichever is stricter.
* GuruFocus converts dividend currency to local traded share price currency in order to calculate dividend yield. Please refer to the last column "Forex Rate" in the above table.
Manila Electric Co's Forward Annual Dividend Yield (%) for Today is calculated as
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Manila Electric Co (PHS:MER) Forward Dividend Yield % Explanation
Over the long term, the return from dividends has been a significant contributor to the total returns produced by equity securities. Studies by Elroy Dimson, Paul Marsh, and Mike Staunton of Princeton University (2002) found that a market-oriented portfolio, which included reinvested dividends, would have generated nearly 85 times the wealth generated by the same portfolio relying solely on capital gains.
Dividends may also qualify a lower tax rate for investors.
In dividends investing, Payout Ratio and Dividend Growth Rate are the two most important variables for consideration. A lower payout ratio may indicate that the company has more room to increase its dividends.
Manila Electric Co Forward Dividend Yield % Related Terms
Thank you for viewing the detailed overview of Manila Electric Co's Forward Dividend Yield % provided by GuruFocus.com. Please click on the following links to see related term pages.
Manila Electric Co, or Meralco, is an electric utility company serving the Philippines. Meralco generates, transmits, and distributes electricity through its portfolio of thermal power plants. The vast majority of the energy produced by the company comes from its natural gas and goal facilities. Meralco generates almost all of its revenue through the sale of electricity. While nearly all of the company's customers are residential entities, total energy sales are split fairly evenly between commercial, industrial, and residential customers. Meralco is the largest electric distribution company in the Philippines and serves dozens of cities and municipalities, including Metropolitan Manila.
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