Manila Electric Dividends and Buybacks
Dividend criteria checks 3/6
Manila Electric is a dividend paying company with a current yield of 4.36% that is well covered by earnings.
Key information
4.4%
Dividend yield
n/a
Buyback Yield
| Total Shareholder Yield | n/a |
| Future Dividend Yield | 5.0% |
| Dividend Growth | -0.07% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | ₱21.530 |
| Payout ratio | 56% |
Recent dividend and buyback updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: MER's dividend payments have been volatile in the past 10 years.
Growing Dividend: MER's dividend payments have increased over the past 10 years.
Dividend Yield vs Market
| Manila Electric Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (MER) | 4.4% |
| Market Bottom 25% (PH) | 2.0% |
| Market Top 25% (PH) | 6.6% |
| Industry Average (Electric Utilities) | 3.5% |
| Analyst forecast (MER) (up to 3 years) | 5.0% |
Notable Dividend: MER's dividend (4.36%) is higher than the bottom 25% of dividend payers in the PH market (2.02%).
High Dividend: MER's dividend (4.36%) is low compared to the top 25% of dividend payers in the PH market (6.65%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonable payout ratio (55.9%), MER's dividend payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its high cash payout ratio (276.7%), MER's dividend payments are not well covered by cash flows.