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.
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.
Manila Water CoPHS:MWC +1.84%87 3-Year Dividend Growth Rate is 64.10% as of Jun. 2026, which is 359% above its 10-year median of 13.95. GuruFocus rates PHS:MWC with a GF Score™ of 87/100 and a GF Value™ of ₱35.73 (Fairly Valued). The stock has 4 warning signs investors should review. Among 308 Utilities - Regulated companies, Manila Water Co ranks better than 95.45% on this metric.
The historical rank and industry rank for Manila Water Co's 3-Year Dividend Growth Rate or its related term are showing as below:
PHS:MWC'
s 3-Year Dividend Growth Rate Range Over the Past 10 Years
Min: -25.3 Med: 13.95 Max: 71
Current: 64.1
During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of Manila Water Co was 71.00% per year. The lowest was -25.30% per year. And the median was 13.95% per year.
PHS:MWC's 3-Year Dividend Growth Rate is ranked better than 95.45% of 308
companies
in the Utilities - Regulated industry
Industry Median: 5.55
vs PHS:MWC: 64.10
During the past 12 months, Manila Water Co'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 64.10% 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.
During the past 13 years, the highest Dividend Payout Ratio of Manila Water Co was 0.43. The lowest was 0.21. And the median was 0.35.
2. Dividend Yield % measures how much a company pays out in dividends each year relative to its share price.
Manila Water Co Recent Full-Year* Dividend History
Amount
Ex-date
Record Date
Pay Date
Type
Frequency
Forex Rate
PHP 1.772000
2026-03-12
2026-03-13
2026-03-27
Cash Dividend
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 Water Co's Dividend Yield (%) for Today is calculated as
Current Share Price is ₱35.95.
Manila Water Co's Dividends per Share for the trailing twelve months (TTM) ended in Today is ₱1.772.
During the past 13 years, the highest Dividend Yield of Manila Water Co was 11.87%. The lowest was 1.33%. And the median was 3.47%.
Good Sign:
Manila Water Co Inc stock Dividend Yield % is close to 2-year high.
* 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 Water Co 3-Year Dividend Growth Rate Related Terms>
PHS:MWC vs AWK, WTRG, AWR: 3-Year Dividend Growth Rate Comparison
For the Utilities - Regulated Water subindustry, Manila Water Co'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.
Manila Water Co 3-Year Dividend Growth Rate vs Utilities - Regulated Industry
For the Utilities - Regulated industry and Utilities sector, Manila Water Co's 3-Year Dividend Growth Rate distribution charts can be found below:
* The bar in red indicates where Manila Water Co's 3-Year Dividend Growth Rate falls into.
Manila Water Co 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 64.10% mean?
Manila Water Co (PHS:MWC) has a 3-Year Dividend Growth Rate of 64.10% as of Jun. 2026. 3-Year Dividend Growth Rate is the company's three-year average growth of dividend payout. View historical data on Manila Water Co and its competitors. This is 359% above median its historical median of 13.95. According to the industry distribution chart, Manila Water Co ranks #14 out of 308 companies in the Utilities - Regulated industry, placing it in the top 4.5%.
Is Manila Water Co's 3-Year Dividend Growth Rate too high?
Manila Water Co's current 3-Year Dividend Growth Rate of 64.10% is 359% above median its 10-year median of 13.95. The Utilities - Regulated industry median 3-Year Dividend Growth Rate is 5.55. Manila Water Co's value of 64.10% is 1055% above this industry median. Based on the distribution chart, Manila Water Co ranks #14 out of 308 companies in the Utilities - Regulated industry, which is in the top quartile — a strong position relative to peers. Overall, Manila Water Co has a GF Score™ of 87/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Manila Water Co's 3-Year Dividend Growth Rate compare to AWK and WTRG?
According to the Utilities - Regulated industry distribution chart, Manila Water Co ranks #14 out of 308 companies for 3-Year Dividend Growth Rate. This places Manila Water Co in the top 5% of its industry — outperforming the majority of peers. The industry median 3-Year Dividend Growth Rate is 5.55. Manila Water Co's value of 64.10% is 1055% above this benchmark. While the company's 10-year median is 13.95 vs. the industry median of 5.55, Manila Water Co has consistently been above 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 - Regulated company?
The median 3-Year Dividend Growth Rate among Utilities - Regulated companies is 5.55, based on 308 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. Manila Water Co's current 3-Year Dividend Growth Rate of 64.10% is 1055% 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 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 Manila Water Co and its competitors. For the Utilities - Regulated industry, the median 3-Year Dividend Growth Rate is 5.55 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Manila Water Co's current 3-Year Dividend Growth Rate is 64.10%, which is 359% above median its own 10-year median of 13.95. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Manila Water Co stock overvalued right now?
Based on GuruFocus' analysis, Manila Water Co (PHS:MWC) is currently considered Fairly Valued. The stock's GF Value™ is ₱35.73, compared to a current price of ₱35.95 — trading 0.6% above its estimated fair value. The current 3-Year Dividend Growth Rate is 64.10%, which is 359% above median its 10-year median of 13.95 and 1055% above the Utilities - Regulated industry median of 5.55. Manila Water Co's overall GF Score™ is 87/100 with 4 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 Manila Water Co (PHS:MWC), the current 3-Year Dividend Growth Rate is 64.10% 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 Manila Water Co (PHS:MWC) Overvalued in 2026?
Based on GuruFocus' analysis, Manila Water Co stock appears to be overvalued.
The current stock price of ₱35.95 is trading 0.6% above its estimated GF Value™ of ₱35.73.
GuruFocus considers Manila Water Co to be Fairly Valued.
Key valuation signals for PHS:MWC:
3-Year Dividend Growth Rate: 64.10% (359% above median its 10-year median of 13.95)
GF Value™: ₱35.73 vs. price of ₱35.95 (0.6% above fair value)
Industry Position: 1055% above the Utilities - Regulated median (#14 of 308)
No single metric tells the full story. See the PHS:MWC stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Manila Water Co Inc holds the exclusive right to provide water and used water services in the East Zone of Metro Manila under a concession agreement with the Metropolitan Waterworks and Sewerage System. The company delivers water treatment, distribution, sewerage, and sanitation services to a large population across residential, commercial, and industrial customers. Its service area covers several cities and municipalities in Metro Manila and nearby parts of Rizal, including urban centers such as Makati, Pasig, Quezon City, Taguig, and Marikina, along with surrounding towns.
87GF Score
Get the complete analysis for PHS:MWC
3-Year Dividend Growth Rate is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
PHS:MWC has been successfully added to your 
