San Miguel (PHS:SMC) Dividend Yield %: 2.15% (As of Jul. 13, 2026) — 62% Above Median

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PHS:SMC San Miguel Corp PHS:SMC
76 GF Score
Price ₱65.00
GF Value ₱82.74
Valuation Modestly Undervalued
! 5 Warning Signs
View Full Analysis

What is San Miguel Dividend Yield %?

San Miguel PHS:SMC 76 Dividend Yield % is 2.15% as of Jul. 13, 2026, which is 62% above its 10-year median of 1.33. GuruFocus rates PHS:SMC with a GF Score™ of 76/100 and a GF Value™ of ₱82.74 (Modestly Undervalued). The stock has 5 warning signs investors should review. Among 369 Conglomerates companies, San Miguel ranks worse than 62.33% on this metric.

As of today (2026-07-13), the Trailing Annual Dividend Yield of San Miguel is 2.15%.

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

PHS:SMC' s Dividend Yield % Range Over the Past 10 Years
Min: 0.74   Med: 1.33   Max: 2.52
Current: 2.15

During the past 13 years, the highest Dividend Yield of San Miguel was 2.52%. The lowest was 0.74%. And the median was 1.33%.

PHS:SMC's Dividend Yield % is ranked worse than
62.33% of 369 companies
in the Conglomerates industry
Industry Median: 2.78 vs PHS:SMC: 2.15

San Miguel's Dividend Payout Ratio for the three months ended in Mar. 2026 was 0.23.

During the past 13 years, the highest Dividend Payout Ratio of San Miguel was 0.60. The lowest was 0.14. And the median was 0.20.

As of today (2026-07-13), the Forward Dividend Yield % of San Miguel is 2.15%.

San Miguel's Dividends per Share for the three months ended in Mar. 2026 was ₱0.35.

During the past 10 years, the average Dividends Per Share Growth Rate was -1.00% per year.

During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of San Miguel was 58.80% per year. The lowest was -7.20% per year. And the median was 0.00% 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.


San Miguel  (PHS:SMC) 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.


San Miguel Dividend Yield % Related Terms


San Miguel Dividend Yield % Historical Data

* Premium members only.

The historical data trend for San Miguel'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.

San Miguel Dividend Yield % Chart

San Miguel Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Dividend Yield %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.22 1.51 1.37 1.63 1.71

San Miguel Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
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 1.71 1.79 2.41 1.71 1.95

PHS:SMC vs HON, MMM: Dividend Yield % Comparison

For the Conglomerates subindustry, San Miguel'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.


San Miguel Dividend Yield % vs Conglomerates Industry

For the Conglomerates industry and Industrials sector, San Miguel's Dividend Yield % distribution charts can be found below:

* The bar in red indicates where San Miguel's Dividend Yield % falls into.


PHS:SMC
76GF Score
San Miguel Corp PHS:SMC
Dividend Yield % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

San Miguel Dividend Yield % Calculation

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

San Miguel Recent Full-Year* Dividend History

Amount Ex-date Record Date Pay Date Type Frequency Forex Rate
PHP 0.3500002026-06-252026-06-262026-07-22Cash DividendquarterlyPHP:PHP 1.000000
PHP 0.3500002026-03-272026-03-302026-04-17Cash DividendquarterlyPHP:PHP 1.000000
PHP 0.3500002025-12-292026-01-022026-01-23Cash DividendquarterlyPHP:PHP 1.000000
PHP 0.3500002025-10-022025-10-032025-10-24Cash DividendquarterlyPHP: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.

San Miguel's Trailing Annual Dividend Yield (%) for Today is calculated as

Trailing Annual Dividend Yield=Most Recent Full Year Dividend/Current Share Price
=1.4/65.00
=2.15 %

Current Share Price is ₱65.00.
San Miguel's Dividends per Share for the trailing twelve months (TTM) ended in Today is ₱1.4.

San Miguel's Forward Annual Dividend Yield (%) for Today is calculated as

Forward Annual Dividend Yield=Forward Full Year Dividend/Current Share Price
=1.4/65.00
=2.15 %

Current Share Price is ₱65.00.
San Miguel's Dividends per Share for the forward twelve months is calculated as ₱0.35 * 4 = ₱1.4.

* 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.

Frequently Asked Questions Learn more about Dividend Yield % →
What does a Dividend Yield % of 2.15% mean?
San Miguel (PHS:SMC) has a Dividend Yield % of 2.15% as of Jul. 13, 2026. Dividend yield is the ratio of company dividends to the share price. View historical data on San Miguel and its competitors. This is 62% above median its historical median of 1.33. Over the past decade, San Miguel's Dividend Yield % has ranged from 0.74 to 2.52. According to the industry distribution chart, San Miguel ranks #230 out of 369 companies in the Conglomerates industry, placing it in the top 62.3%.
Is San Miguel's Dividend Yield % too high?
San Miguel's current Dividend Yield % of 2.15% is 62% above median its 10-year median of 1.33. Over the past 10 years, this metric has ranged from a low of 0.74 to a high of 2.52. The Conglomerates industry median Dividend Yield % is 2.78. San Miguel's value of 2.15% is 22.7% below this industry median. Based on the distribution chart, San Miguel ranks #230 out of 369 companies in the Conglomerates industry, which is below the industry midpoint. Overall, San Miguel has a GF Score™ of 76/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does San Miguel's Dividend Yield % compare to HON and MMM?
According to the Conglomerates industry distribution chart, San Miguel ranks #230 out of 369 companies for Dividend Yield %. This places San Miguel in the lower half of its industry. The industry median Dividend Yield % is 2.78. San Miguel's value of 2.15% is 22.7% below this benchmark. Historically, San Miguel's own Dividend Yield % has ranged from 0.74 to 2.52 over the past decade. While the company's 10-year median is 1.33 vs. the industry median of 2.78, San Miguel 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 Dividend Yield % for a Conglomerates company?
The median Dividend Yield % among Conglomerates companies is 2.78, based on 369 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. San Miguel's current Dividend Yield % of 2.15% is 22.7% 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 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 San Miguel and its competitors. For the Conglomerates industry, the median Dividend Yield % is 2.78 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. San Miguel's current Dividend Yield % is 2.15%, which is 62% above median its own 10-year median of 1.33. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is San Miguel stock overvalued right now?
Based on GuruFocus' analysis, San Miguel (PHS:SMC) is currently considered Modestly Undervalued. The stock's GF Value™ is ₱82.74, compared to a current price of ₱65.00 — trading 21.4% below its estimated fair value. The current Dividend Yield % is 2.15%, which is 62% above median its 10-year median of 1.33 and 22.7% below the Conglomerates industry median of 2.78. San Miguel's overall GF Score™ is 76/100 with 5 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 San Miguel (PHS:SMC), the current Dividend Yield % is 2.15% as of Jul. 13, 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 San Miguel (PHS:SMC) Overvalued in 2026?

Based on GuruFocus' analysis, San Miguel stock appears to be undervalued. The current stock price of ₱65.00 is trading 21.4% below its estimated GF Value™ of ₱82.74. GuruFocus considers San Miguel to be Modestly Undervalued.

Key valuation signals for PHS:SMC:

  • Dividend Yield %: 2.15% (62% above median its 10-year median of 1.33)
  • GF Value™: ₱82.74 vs. price of ₱65.00 (21.4% below fair value)
  • GF Score™: 76/100 with 5 warning signs
  • Industry Position: 22.7% below the Conglomerates median (#230 of 369)

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


San Miguel Business Description

Address No. 40 San Miguel Avenue, P.O. Box 271, Manila Central Post Office, Metro Manila, Mandaluyong, PHL, 1550
San Miguel Corp, through its subsidiaries, operates in various reportable business segments, including food and beverage, packaging, energy, fuel and oil, infrastructure, cement, and real estate property management and development. Maximum revenue is generated from the fuel and oil segment, which is engaged in refining crude oil and marketing and distribution of refined petroleum products.
76GF Score

Get the complete analysis for PHS:SMC

Dividend Yield % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

₱65.00
Price
₱82.74
GF Value