As of today (2026-06-24), the Forward Annual Dividend Yield of Manila Electric Co is 4.83%.
As of today (2026-06-24), the Trailing Annual Dividend Yield of Manila Electric Co is 4.83%.
PHS:MER's Forward Dividend Yield % is ranked better than 70.05% of 424
companies
in the Utilities - Regulated industry
Industry Median: 3.68
vs PHS:MER: 4.83
During the past 12 months, Manila Electric Co's average Dividends Per Share Growth Rate was 16.50% per year.
During the past 3 years, the average Dividends Per Share Growth Rate was 16.10% per year.
During the past 5 years, the average Dividends Per Share Growth Rate was 20.20% per year.
During the past 10 years, the average Dividends Per Share Growth Rate was 12.50% 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 14.50% per year.
The growth rate is calculated with least square regression.
For more information regarding to dividend, please check our Dividend Page.
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
PHS:MER vs NEE, SO, DUK: Forward Dividend Yield % Comparison
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 Forward Dividend Yield % vs 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 16.672000
2026-03-25
2026-03-26
2026-04-20
Cash Dividend
semi-annually
PHP:PHP 1.000000
PHP 11.328000
2025-08-26
2025-08-27
2025-09-22
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.
What does a Forward Dividend Yield % of 4.83% mean?
Manila Electric Co (PHS:MER) has a Forward Dividend Yield % of 4.83% as of Jun. 24, 2026. Forward dividend yield is the ratio of company's expected dividends to the share price. View historical data on Manila Electric Co and its competitors. According to the industry distribution chart, Manila Electric Co ranks #127 out of 424 companies in the Utilities - Regulated industry, placing it in the top 30%.
Is Manila Electric Co's Forward Dividend Yield % too high?
Manila Electric Co's current Forward Dividend Yield % is 4.83%. The Utilities - Regulated industry median Forward Dividend Yield % is 3.68. Manila Electric Co's value of 4.83% is 31.3% above this industry median. Based on the distribution chart, Manila Electric Co ranks #127 out of 424 companies in the Utilities - Regulated industry, which is above the industry midpoint. Overall, Manila Electric Co has a GF Score™ of 93/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Manila Electric Co's Forward Dividend Yield % compare to NEE and SO?
According to the Utilities - Regulated industry distribution chart, Manila Electric Co ranks #127 out of 424 companies for Forward Dividend Yield %. This puts Manila Electric Co in the upper half of its industry. The industry median Forward Dividend Yield % is 3.68. Manila Electric Co's value of 4.83% is 31.3% above this benchmark. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Forward Dividend Yield % for an Utilities - Regulated company?
The median Forward Dividend Yield % among Utilities - Regulated companies is 3.68, based on 424 companies in the industry. Companies in the top quartile (top 25%) have a Forward Dividend Yield % significantly above this median, while those in the bottom quartile fall well below. However, Forward Dividend Yield % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Manila Electric Co's current Forward Dividend Yield % of 4.83% is 31.3% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Forward Dividend Yield % mean?
A high Forward Dividend Yield % can signal that a stock is expensive relative to its fundamentals. Forward dividend yield is the ratio of company's expected dividends to the share price. View historical data on Manila Electric Co and its competitors. For the Utilities - Regulated industry, the median Forward Dividend Yield % is 3.68 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Manila Electric Co's current Forward Dividend Yield % is 4.83%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Manila Electric Co stock overvalued right now?
Based on GuruFocus' analysis, Manila Electric Co (PHS:MER) is currently considered Fairly Valued. The stock's GF Value™ is ₱528.22, compared to a current price of ₱573.00 — trading 8.5% above its estimated fair value. The current Forward Dividend Yield % is 4.83% and 31.3% above the Utilities - Regulated industry median of 3.68. Manila Electric Co's overall GF Score™ is 93/100 with 9 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Forward Dividend Yield % calculated?
Forward Dividend Yield % is calculated from a company's financial statements. For Manila Electric Co (PHS:MER), the current Forward Dividend Yield % is 4.83% as of Jun. 24, 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is Manila Electric Co (PHS:MER) Overvalued in 2026?
Based on GuruFocus' analysis, Manila Electric Co stock appears to be overvalued.
The current stock price of ₱573.00 is trading 8.5% above its estimated GF Value™ of ₱528.22.
GuruFocus considers Manila Electric Co to be Fairly Valued.
Key valuation signals for PHS:MER:
Forward Dividend Yield %: 4.83%
GF Value™: ₱528.22 vs. price of ₱573.00 (8.5% above fair value)
Industry Position: 31.3% above the Utilities - Regulated median (#127 of 424)
No single metric tells the full story. See the PHS:MER stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Manila Electric Co is an electric utility company operating in the Philippines. Along with its subsidiaries, it is mainly engaged in the distribution and sale of electric energy through the distribution network facilities in its franchise area. The company's market is categorized into four classes, namely, residential, commercial, industrial, and streetlights. Additionally, it is involved in certain unregulated activities, which consist of power generation; retail electricity supply (RES); energy infrastructure, payment fulfilment, bills collection, after-the-meter and energy management, telecommunications services, insurance and re-insurance, and other businesses. The group's reportable segments are: Power and Other Services. The majority of its revenue is derived from the Power segment.
93GF Score
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Forward Dividend Yield % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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