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Manila Electric Co (Manila Electric Co) Dividend Yield % : 5.33% (As of May. 12, 2024)


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What is Manila Electric Co Dividend Yield %?

As of today (2024-05-12), the Trailing Annual Dividend Yield of Manila Electric Co is 5.33%.

The historical rank and industry rank for Manila Electric Co's Dividend Yield % or its related term are showing as below:

MAEOY' s Dividend Yield % Range Over the Past 10 Years
Min: 1.21   Med: 3.15   Max: 6.1
Current: 5.33

During the past 13 years, the highest Dividend Yield of Manila Electric Co was 6.10%. The lowest was 1.21%. And the median was 3.15%.

MAEOY's Dividend Yield % is ranked better than
70.26% of 427 companies
in the Utilities - Regulated industry
Industry Median: 3.86 vs MAEOY: 5.33

Manila Electric Co's Dividend Payout Ratio for the three months ended in Dec. 2023 was 0.00.

During the past 13 years, the highest Dividend Payout Ratio of Manila Electric Co was 0.68. The lowest was 0.22. And the median was 0.51.

As of today (2024-05-12), the Forward Dividend Yield % of Manila Electric Co is 5.33%.

Manila Electric Co's Dividends per Share for the three months ended in Dec. 2023 was $0.00.

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.


Manila Electric Co Dividend Yield % Historical Data

The historical data trend for Manila Electric Co's Dividend Yield % can be seen below:

* 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.

* Premium members only.

Manila Electric Co Dividend Yield % Chart

Manila Electric Co Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Dividend Yield %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 5.08 4.95 - 6.29 4.88

Manila Electric Co Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Dividend Yield % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 6.29 5.67 5.10 - 4.88

Competitive Comparison of Manila Electric Co's Dividend Yield %

For the Utilities - Regulated Electric subindustry, Manila Electric Co's Dividend Yield %, along with its competitors' market caps and 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 Dividend Yield % Distribution in the Utilities - Regulated Industry

For the Utilities - Regulated industry and Utilities sector, Manila Electric Co's Dividend Yield % distribution charts can be found below:

* The bar in red indicates where Manila Electric Co's Dividend Yield % falls into.



Manila Electric Co 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
USD 0.3873752024-03-262024-03-272024-05-09Cash Dividendsemi-annuallyUSD:USD 1.000000
USD 0.2988752023-08-282023-08-292023-09-29Cash Dividendsemi-annuallyUSD:USD 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 Trailing Annual Dividend Yield (%) for Today is calculated as

Trailing Annual Dividend Yield=Most Recent Full Year Dividend/Current Share Price
=0.68625/12.88
=5.33 %

Current Share Price is $12.88.
Manila Electric Co's Dividends per Share for the trailing twelve months (TTM) ended in Today is $0.68625.

Manila Electric Co's Forward Annual Dividend Yield (%) for Today is calculated as

Forward Annual Dividend Yield=Forward Full Year Dividend/Current Share Price
=0.77475/12.88
=6.02 %

Current Share Price is $12.88.
Manila Electric Co's Dividends per Share for the forward twelve months is calculated as $0.387375 * 2 = $0.77475.

* 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  (OTCPK:MAEOY) 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.

You can find the stocks that owned most by Gurus here. Or you can check out Warren Buffett's highest dividend stocks here.


Manila Electric Co Dividend Yield % Related Terms

Thank you for viewing the detailed overview of Manila Electric Co's Dividend Yield % provided by GuruFocus.com. Please click on the following links to see related term pages.


Manila Electric Co (Manila Electric Co) Business Description

Traded in Other Exchanges
Address
Ortigas Avenue, Barangay Ugong, Lopez Building, Pasig, PHL, 1605
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.

Manila Electric Co (Manila Electric Co) Headlines

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