PHINIA Dividend
Dividend criteria checks 3/6
PHINIA is a dividend paying company with a current yield of 2.18% that is well covered by earnings.
Key information
2.2%
Dividend yield
43%
Payout ratio
| Industry average yield | 2.6% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | €1.000 |
| Earnings per share | €2.45 |
| Future Dividend Yield | 2.6% |
Recent dividend updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: Too early to tell whether 3A6's dividend payments have been stable as they only just started paying a dividend.
Growing Dividend: Too early to tell if 3A6's dividend payments are increasing as they only just started paying a dividend.
Dividend Yield vs Market
| PHINIA Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (3A6) | 2.2% |
| Market Bottom 25% (DE) | 1.6% |
| Market Top 25% (DE) | 4.8% |
| Industry Average (Auto Components) | 2.6% |
| Analyst forecast (3A6) (up to 3 years) | 2.6% |
Notable Dividend: 3A6's dividend (2.18%) is higher than the bottom 25% of dividend payers in the German market (1.61%).
High Dividend: 3A6's dividend (2.18%) is low compared to the top 25% of dividend payers in the German market (4.76%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (42.7%), 3A6's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its low cash payout ratio (24.4%), 3A6's dividend payments are well covered by cash flows.