PHINIA Dividend
Dividend criteria checks 3/6
PHINIA is a dividend paying company with a current yield of 2.36% that is well covered by earnings.
Key information
2.4%
Dividend yield
36%
Payout ratio
| Industry average yield | 2.0% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | n/a |
| Earnings per share | US$2.10 |
| Dividend yield forecast in 3Y | 3.1% |
Recent dividend updates
Recent updates
These 4 Measures Indicate That PHINIA (NYSE:PHIN) Is Using Debt Reasonably Well
Feb 16
Phinia: Guidance Improvements, Very Cheap, And BorgWarner Spinoff
Dec 26Some Shareholders Feeling Restless Over PHINIA Inc.'s (NYSE:PHIN) P/S Ratio
Dec 18There May Be Reason For Hope In PHINIA's (NYSE:PHIN) Disappointing Earnings
Nov 13Phinia: On Cruise Control For The Next Year, Moving To The Fast Lane In 2025
Oct 11Phinia: Unraveling The Tale Of A Recent BorgWarner Spinoff
Aug 31PHINIA: Highly Catalyzed Spin-Off At 3.5x EBITDA - 100%+ Upside
Jul 31Phinia: Great Opportunity After Spin-Off
Jul 25Stability and Growth of Payments
Fetching dividends data
Stable Dividend: Too early to tell whether PHIN's dividend payments have been stable as they only just started paying a dividend.
Growing Dividend: Too early to tell if PHIN'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 (PHIN) | 2.4% |
| Market Bottom 25% (US) | 1.5% |
| Market Top 25% (US) | 4.7% |
| Industry Average (Auto Components) | 2.0% |
| Analyst forecast in 3 Years (PHIN) | 3.1% |
Notable Dividend: PHIN's dividend (2.36%) is higher than the bottom 25% of dividend payers in the US market (1.54%).
High Dividend: PHIN's dividend (2.36%) is low compared to the top 25% of dividend payers in the US market (4.73%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (36.5%), PHIN's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonably low cash payout ratio (28.7%), PHIN's dividend payments are well covered by cash flows.