Manila Electric CoPHS:MER -1.21%93 Dividend Yield % is 4.83% as of Jun. 24, 2026, which is 17% above its 10-year median of 4.14. GuruFocus rates PHS:MER with a GF Score™ of 93/100 and a GF Value™ of ₱528.22 (Fairly Valued). The stock has 9 warning signs investors should review. Among 426 Utilities - Regulated companies, Manila Electric Co ranks better than 71.6% on this metric.
As of today (2026-06-24), the Trailing Annual Dividend Yield of Manila Electric Co is 4.83%.
The historical rank and industry rank for Manila Electric Co's Dividend Yield % or its related term are showing as below:
PHS:MER'
s Dividend Yield % Range Over the Past 10 Years
Min: 2.36 Med: 4.14 Max: 6.1
Current: 4.83
During the past 13 years, the highest Dividend Yield of Manila Electric Co was 6.10%. The lowest was 2.36%. And the median was 4.14%.
PHS:MER's Dividend Yield % is ranked better than 71.6% of 426
companies
in the Utilities - Regulated industry
Industry Median: 3.555
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.
* Please note that "special dividend" is not included in the calculation of dividend per share and related fields.
Manila Electric Co (PHS:MER) 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 Dividend Yield % Historical Data
* Premium members only.
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.
PHS:MER vs NEE, SO, DUK: Dividend Yield % Comparison
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 Dividend Yield % vs 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.
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 Trailing 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) has a Dividend Yield % of 4.83% as of Jun. 24, 2026. Dividend yield is the ratio of company dividends to the share price. View historical data on Manila Electric Co and its competitors. This is 17% above median its historical median of 4.14. Over the past decade, Manila Electric Co's Dividend Yield % has ranged from 2.36 to 6.10. According to the industry distribution chart, Manila Electric Co ranks #121 out of 426 companies in the Utilities - Regulated industry, placing it in the top 28.4%.
Is Manila Electric Co's Dividend Yield % too high?
Manila Electric Co's current Dividend Yield % of 4.83% is 17% above median its 10-year median of 4.14. Over the past 10 years, this metric has ranged from a low of 2.36 to a high of 6.10. The Utilities - Regulated industry median Dividend Yield % is 3.56. Manila Electric Co's value of 4.83% is 35.9% above this industry median. Based on the distribution chart, Manila Electric Co ranks #121 out of 426 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 Dividend Yield % compare to NEE and SO?
According to the Utilities - Regulated industry distribution chart, Manila Electric Co ranks #121 out of 426 companies for Dividend Yield %. This puts Manila Electric Co in the upper half of its industry. The industry median Dividend Yield % is 3.56. Manila Electric Co's value of 4.83% is 35.9% above this benchmark. Historically, Manila Electric Co's own Dividend Yield % has ranged from 2.36 to 6.10 over the past decade. While the company's 10-year median is 4.14 vs. the industry median of 3.56, Manila Electric 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 Dividend Yield % for an Utilities - Regulated company?
The median Dividend Yield % among Utilities - Regulated companies is 3.56, based on 426 companies in the industry. Companies in the top quartile (top 25%) have a Dividend Yield % significantly above this median, while those in the bottom quartile fall well below. However, Dividend Yield % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Manila Electric Co's current Dividend Yield % of 4.83% is 35.9% 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 Dividend Yield % mean?
A high Dividend Yield % can signal that a stock is expensive relative to its fundamentals. Dividend yield is the ratio of company dividends to the share price. View historical data on Manila Electric Co and its competitors. For the Utilities - Regulated industry, the median Dividend Yield % is 3.56 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Manila Electric Co's current Dividend Yield % is 4.83%, which is 17% above median its own 10-year median of 4.14. 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 Dividend Yield % is 4.83%, which is 17% above median its 10-year median of 4.14 and 35.9% above the Utilities - Regulated industry median of 3.56. 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 Dividend Yield % calculated?
Dividend Yield % is calculated from a company's financial statements. For Manila Electric Co (PHS:MER), the current 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:
Dividend Yield %: 4.83% (17% above median its 10-year median of 4.14)
GF Value™: ₱528.22 vs. price of ₱573.00 (8.5% above fair value)
Industry Position: 35.9% above the Utilities - Regulated median (#121 of 426)
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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