Philippine Dividend Growth Earners

There are over 200 companies listed in Philippine Stock Exchange. For dividend investors, it is a minefield to choose which of these companies has consistently paid and increased its dividends.

Here's the few companies that meet my criteria:

SM Investments Corporation

SM Investments Corp (SM) is one of the Philippines largest conglomerates with operations in retail, banking, and property development. The retail division operates department stores and food retail stores.

The property development division is mainly present in Southeast Asia and is focused on malls, residences, office buildings, resorts, hotels, and convention centers. SM financial services is provided through BDO Unibank and China Banking Corporation.

Key Facts:

Price = P 1000/share

Return on Equity (ROE) = 11.97% Trailing Twelve Months (TTM)

Current Dividend Yield = 0.91%

SM has consistently increased dividends in the last 10 years.

Jollibee Foods Corporation

Jollibee Foods Corporation (JFC) operates and franchises quick-service restaurants. It primarily operates in the Philippines, where it is close to 1,000 Jollibee restaurants that are roughly evenly split between company-operated and franchised.

It also has other restaurants in the Philippines, that are roughly evenly split between company-operated and franchised, that operate under the names Chowking, Greenwich Pizza, Red Ribbon, Mang Inasal and Burger King Philippines.

Furthermore, its international exposure and expansion include countries in Southeast Asia, Europe and North America. Almost 75% of its revenues comes from the Philippines.

Key Facts:

Price = P 220/share

Return on Equity (ROE) = 14.66 % TTM

Current Dividend Yield = 1.17%

JFC has consistently increased dividends in the last 10 years.

SM Prime Holdings  

SM Prime Holdings Inc (SMPH) is an integrated property developer in the Philippines and Southeast Asia. It sells affordable condominium units and develops and leases office buildings in Metro Manila through its subsidiaries.  

Its residential properties are strategically located near business and lifestyle districts and provide a host of amenities at prices that cater to the middle market.  SM Malls and in-house cinemas are the leading revenue provider that can accommodate hundreds to thousands of guests daily.

Key Facts:

Price = P 36/share

Return of Equity = 12.78%

Current Dividend Yield = 0.96%

SMPH has consistently paid dividends for over 10 years and has increased dividends in the last 5 years.

Ayala Land Inc

Ayala Land Inc (ALI) is also another household conglomerate in the Philippines. The company operates in a variety of business segments such as Shopping Centers, Corporate Businesses, Residential Development, Construction, Hotels and Resorts, and Property Management.

Its real estates are often used for residential lots and buildings, office buildings, commercial and industrial lots.

Ayala also involved in the development of commercial and industrial parks, property management and construction.

The company’s revenue comes mainly from its residential development business segment.

Key Facts:

Price = P 49.30/share

Return on Equity (ROE) = 16.97%

Current Dividend Yield = 1.05%

ALI has consistently increased dividends in the last 10 years.

Manila Water Company Inc.

Manila Water Co Inc (MWC) is a Philippine-based water and wastewater management company. It is a subsidiary of Ayala Corporation.

Its services include Manila Concession Water Sources, Water Treatment Facilities, Water Distribution, Water Sampling and laboratory Analysis, Used Water Services and Sanitation.

A subsidiary of MWC Manila Water Philippine Ventures (MWPV) provides sustainable water and used water solutions in key metropolitan cities of the country.

Manila Water Asia Pacific LTD (MWAP) its foreign subsidiary provides sustainable water solutions Vietnam, Indonesia, Myanmar, Thailand and Indonesia.

Key Facts:

Price = P 20/share

Return on Equity (ROE) = 9.23% TTM

Current Dividend Yield = 4.53%

MWC has consistently paid dividends over 10 years and has increased dividends in the last 4 years.                                                                                                                                                        

Asian Terminals Inc.

Asian Terminals Inc (ATI) is in the operation and management of port terminals in the Philippines. It operates the Manila south harbor, port of Batangas, port of General Santos City and off-dock container guards in Sta Mesa, Manila and Calamba, Laguna.

The terminals handle container and non-containerized cargoes, bulk cargoes, roll-on/roll-off shipment and passenger services.

Key Facts:

Price = P18.24/share

Return on Equity (ROE) = 23.57% TTM

Current Dividend Yield = 3.08%

ATI has consistently paid dividends over 10 years and has increased for the last 3 years


My Final Thoughts

There are notable companies that you might not recognize on my lists. Reason being that they have cut, declined, and didn't increase dividends in the last 10 years.

Building wealth through passive income takes a lot of time, patience, and discipline. In the Philippine market where dividends are either paid quarterly, semi-annual, annually or sporadic, making a habit of saving and investing in these companies in the long term is totally worth it.

Finally, if retirement still in a distant future, even better as reinvesting all dividends - compound interest will work in your favor.


Which Philippine company is your solid dividend income earner?
Is there any company you may think that is not on my lists?
Let me know in the comment section below.


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