Manila Electric Dividend yield

 Price  343.60
 Dividend  19.55
 Earnings  26.84
 Cash-flow  27.49
 Book value  98.17
 Equity  90.68

Manila Electric is part of Electricity business, which is part of Utilities industry. Manila Electric is a company from Philippines, and his stocks are publicly traded.

Manila Electric stock dividend

Manila Electric paid a total dividend of 22,033 million PHP last year, for a market value of 387,237 millions (Market Cap 90,188 millions). Manila Electric dividend per share is 19.55 PHP, and his stock market price 343.60 PHP.

According to the chart below, where dividend yield is displayed, Manila Electric has a dividend yield of 5.69%, which is higher than the amount offered by both the market average and companies from Philippines. It is also bigger than average of Utilities industry. This high dividend yield might be a sign to worry about the future of the company so deeper analysis is needed.

In addition, you should compare Manila Electric stocks dividend with other Electricity companies or other of the high Philippines dividend stocks list.

Dividend yield of Manila Electric

Manila Electric Dividend Payout

About the ability of Manila Electric to maintain his current dividend of PHP 19.55 per share, an amount that accounts for 5.69%, we should study its payout ratio both on earnings and on cash-flows (see chart below). Manila Electric payout on ernings is currently 72.84%, which is higher than the market average, and companies of Utilities industry, which are 39.34% and 60.08% respectively. Both figures show that Manila Electric can have problems to keep with his present dividend yield.

The payout on earnings should be complemented with the payout on cash flow since it is this last amount the one which can be distributed to shareholders. Cash flow per share of Manila Electric is PHP 27.49 per share, which is higher than the dividend per share paid by the company of PHP 19.55, so the company generates enough cash to maintain his dividend in the future.

The following figure shows payout ratios over earnings and cashflow of Manila Electric, compared againt world market average, Philippines companies, Utilities industry and Electricity sector companies.

Manila Electric payout

Manila Electric Dividend History

Below you will find a table with the historical evolution of Manila Electric's dividend stock, both in percentage and in PHP, its Payout on Earnings and the number of shares (in case there is an split, number shares altered the dividend per share).

Year Yield  PHP  Paypout  Shares* 

*In millions

Then you can see the evolution of Manila Electric dividend stock, and compare it with the average of Philippines stocks and that of the Electricity stocks.

Manila Electric stock dividend history

Manila Electric Stock performance

Finally, last moth Manila Electric showed a return of -3.50% compared to a worldwide -2.49% average, and a -2.79% of Utilities firms. Over the last year, the company obtained a 14.10% versus a worldwide performance of a 8.71%. More detailed information can be seen in the following graph for Philippines and Electricity firms.

Manila Electric stock and market return