First Gen (PHS:FGEN) 3-Year Dividend Growth Rate: 1.30% (As of Jun. 2026) — 87% Below Median

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

PHS:FGEN First Gen Corp PHS:FGEN
65 GF Score
Price ₱25.15
GF Value ₱6.97
Valuation Significantly Overvalued
! 16 Warning Signs
View Full Analysis

What is First Gen 3-Year Dividend Growth Rate?

First Gen PHS:FGEN -5.09% 65 3-Year Dividend Growth Rate is 1.30% as of Jun. 2026, which is 87% below its 10-year median of 10.30. GuruFocus rates PHS:FGEN with a GF Score™ of 65/100 and a GF Value™ of ₱6.97 (Significantly Overvalued). The stock has 16 warning signs investors should review. Among 149 Utilities - Independent Power Producers companies, First Gen ranks worse than 62.42% on this metric.

First Gen's Dividends per Share for the three months ended in Jun. 2026 was ₱0.40.

The historical rank and industry rank for First Gen's 3-Year Dividend Growth Rate or its related term are showing as below:

PHS:FGEN' s 3-Year Dividend Growth Rate Range Over the Past 10 Years
Min: -11.2   Med: 10.3   Max: 26
Current: 1.3

During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of First Gen was 26.00% per year. The lowest was -11.20% per year. And the median was 10.30% per year.

PHS:FGEN's 3-Year Dividend Growth Rate is ranked worse than
62.42% of 149 companies
in the Utilities - Independent Power Producers industry
Industry Median: 5.6 vs PHS:FGEN: 1.30

During the past 12 months, First Gen's average Dividends Per Share Growth Rate was -5.90% per year. During the past 3 years, the average Dividends Per Share Growth Rate was 1.30% per year. During the past 5 years, the average Dividends Per Share Growth Rate was 8.00% per year. During the past 10 years, the average Dividends Per Share Growth Rate was 12.10% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the average dividends per share growth rate.

First Gen's Dividend Payout Ratio for the three months ended in Jun. 2026 was 0.29. As of today, First Gen's Dividend Yield % is 3.02%.

Warning Sign:

If a company's dividend payout ratio is too high, its dividend may not be sustainable. The dividend payout ratio of First Gen Corp is 1.87, which seems too high.

Warning Sign:

First Gen Corp stock Dividend Yield % is close to 3-year low.

For more information regarding to dividend, please check our Dividend Page.


First Gen  (PHS:FGEN) 3-Year Dividend Growth Rate Explanation

1. Dividend Payout Ratio measures the percentage of the company's earnings paid out as dividends.

First Gen's Dividend Payout Ratio for the quarter that ended in Jun. 2026 is calculated as

Dividend Payout Ratio=Dividends per Share (Q: Jun. 2026 )/ EPS without NRI (Q: Jun. 2026 )
=0.4/ 1.364
=0.29

During the past 13 years, the highest Dividend Payout Ratio of First Gen was 3.32. The lowest was 0.14. And the median was 0.21.

Warning Sign:

If a company's dividend payout ratio is too high, its dividend may not be sustainable. The dividend payout ratio of First Gen Corp is 1.87, which seems too high.

2. Dividend Yield % measures how much a company pays out in dividends each year relative to its share price.

First Gen Recent Full-Year* Dividend History

Amount Ex-date Record Date Pay Date Type Frequency Forex Rate
PHP 0.4000002026-06-102026-06-112026-06-30Cash Dividendsemi-annuallyPHP:PHP 1.000000
PHP 0.4000002025-12-122025-12-152025-12-22Cash Dividendsemi-annuallyPHP: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.

First Gen's Dividend Yield (%) for Today is calculated as

Dividend Yield %=Most Recent Full Year Dividend/Current Share Price
=0.8/25.15
=3.18 %

Current Share Price is ₱25.15.
First Gen's Dividends per Share for the trailing twelve months (TTM) ended in Today is ₱0.8.

During the past 13 years, the highest Dividend Yield of First Gen was 5.92%. The lowest was 0.94%. And the median was 3.10%.

Warning Sign:

First Gen Corp stock Dividend Yield % is close to 3-year low.

* 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.


First Gen 3-Year Dividend Growth Rate Related Terms>


First Gen 3-Year Dividend Growth Rate Competitor Comparison

For the Utilities - Renewable subindustry, First Gen's 3-Year Dividend Growth Rate, along with its competitors' market caps and 3-Year Dividend Growth Rate 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.


First Gen 3-Year Dividend Growth Rate vs Utilities - Independent Power Producers Industry

For the Utilities - Independent Power Producers industry and Utilities sector, First Gen's 3-Year Dividend Growth Rate distribution charts can be found below:

* The bar in red indicates where First Gen's 3-Year Dividend Growth Rate falls into.


PHS:FGEN
65GF Score
First Gen Corp PHS:FGEN
3-Year Dividend Growth Rate is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

First Gen 3-Year Dividend Growth Rate Calculation

This is the average annual rate that a company has been raising its dividends. The growth rate is calculated with expontential compound based on the latest four year annual data.

Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the average dividends per share growth rate.

What does a 3-Year Dividend Growth Rate of 1.30% mean?
First Gen (PHS:FGEN) has a 3-Year Dividend Growth Rate of 1.30% as of Jun. 2026. 3-Year Dividend Growth Rate is the company's three-year average growth of dividend payout. View historical data on First Gen and its competitors. This is 87% below median its historical median of 10.30. According to the industry distribution chart, First Gen ranks #93 out of 149 companies in the Utilities - Independent Power Producers industry, placing it in the top 62.4%.
Is First Gen's 3-Year Dividend Growth Rate too high?
First Gen's current 3-Year Dividend Growth Rate of 1.30% is 87% below median its 10-year median of 10.30. The Utilities - Independent Power Producers industry median 3-Year Dividend Growth Rate is 5.60. First Gen's value of 1.30% is 76.8% below this industry median. Based on the distribution chart, First Gen ranks #93 out of 149 companies in the Utilities - Independent Power Producers industry, which is below the industry midpoint. Overall, First Gen has a GF Score™ of 65/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does First Gen's 3-Year Dividend Growth Rate compare to competitors?
According to the Utilities - Independent Power Producers industry distribution chart, First Gen ranks #93 out of 149 companies for 3-Year Dividend Growth Rate. This places First Gen in the lower half of its industry. The industry median 3-Year Dividend Growth Rate is 5.60. First Gen's value of 1.30% is 76.8% below this benchmark. While the company's 10-year median is 10.30 vs. the industry median of 5.60, First Gen has consistently been below the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good 3-Year Dividend Growth Rate for an Utilities - Independent Power Producers company?
The median 3-Year Dividend Growth Rate among Utilities - Independent Power Producers companies is 5.60, based on 149 companies in the industry. Companies in the top quartile (top 25%) have a 3-Year Dividend Growth Rate significantly above this median, while those in the bottom quartile fall well below. However, 3-Year Dividend Growth Rate should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. First Gen's current 3-Year Dividend Growth Rate of 1.30% is 76.8% below 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 3-Year Dividend Growth Rate mean?
A high 3-Year Dividend Growth Rate can signal that a stock is expensive relative to its fundamentals. 3-Year Dividend Growth Rate is the company's three-year average growth of dividend payout. View historical data on First Gen and its competitors. For the Utilities - Independent Power Producers industry, the median 3-Year Dividend Growth Rate is 5.60 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. First Gen's current 3-Year Dividend Growth Rate is 1.30%, which is 87% below median its own 10-year median of 10.30. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is First Gen stock overvalued right now?
Based on GuruFocus' analysis, First Gen (PHS:FGEN) is currently considered Significantly Overvalued. The stock's GF Value™ is ₱6.97, compared to a current price of ₱25.15 — trading 260.8% above its estimated fair value. The current 3-Year Dividend Growth Rate is 1.30%, which is 87% below median its 10-year median of 10.30 and 76.8% below the Utilities - Independent Power Producers industry median of 5.60. First Gen's overall GF Score™ is 65/100 with 16 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is 3-Year Dividend Growth Rate calculated?
3-Year Dividend Growth Rate is calculated from a company's financial statements. For First Gen (PHS:FGEN), the current 3-Year Dividend Growth Rate is 1.30% as of Jun. 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 First Gen (PHS:FGEN) Overvalued in 2026?

Based on GuruFocus' analysis, First Gen stock appears to be overvalued. The current stock price of ₱25.15 is trading 260.8% above its estimated GF Value™ of ₱6.97. GuruFocus considers First Gen to be Significantly Overvalued.

Key valuation signals for PHS:FGEN:

  • 3-Year Dividend Growth Rate: 1.30% (87% below median its 10-year median of 10.30)
  • GF Value™: ₱6.97 vs. price of ₱25.15 (260.8% above fair value)
  • GF Score™: 65/100 with 16 warning signs
  • Industry Position: 76.8% below the Utilities - Independent Power Producers median (#93 of 149)

No single metric tells the full story. See the PHS:FGEN stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


First Gen Business Description

Other Exchanges FSGCY:USA
Address Ortigas Avenue, 6th Floor, Rockwell Business Center, Tower 3, Pasig, PHL, 1604
First Gen Corp is an independent electric utility company operating in the Philippines. First Gen develops, finances, builds, bids for, and operate power generation projects. The company generates a amount of Filipino energy needs through its portfolio of natural gas, wind, solar, hydro, and geothermal power plants located in the country. Majority of the power generated by First Gen is produced through natural gas and geothermal fuel sources. It operates in six segments: FGPC, FGP, EDC and Subsidiaries, FGEN LNG, FNPC, and Prime Meridian. The company only operates in Philippines.
65GF Score

Get the complete analysis for PHS:FGEN

3-Year Dividend Growth Rate is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

₱25.15
Price
₱6.97
GF Value