Manila Electric Dividend
Dividend criteria checks 4/6
Manila Electric is a dividend paying company with a current yield of 5.16% that is well covered by earnings.
Key information
5.2%
Dividend yield
57%
Payout ratio
| Industry average yield | 3.3% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | ₱21.530 |
| Earnings per share | ₱37.81 |
| Dividend yield forecast | 5.5% |
Recent dividend 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) | 5.2% |
| Market Bottom 25% (PH) | 2.0% |
| Market Top 25% (PH) | 6.7% |
| Industry Average (Electric Utilities) | 3.3% |
| Analyst forecast (MER) (up to 3 years) | 5.5% |
Notable Dividend: MER's dividend (5.16%) is higher than the bottom 25% of dividend payers in the PH market (1.97%).
High Dividend: MER's dividend (5.16%) 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 (56.9%), MER's dividend payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonable cash payout ratio (55.6%), MER's dividend payments are covered by cash flows.