PHINIA Dividends and Buybacks
Dividend criteria checks 3/6
PHINIA is a dividend paying company with a current yield of 1.91% that is well covered by earnings. Next payment date is on 13th December, 2024 with an ex-dividend date of 25th November, 2024.
Key information
1.9%
Dividend yield
9.2%
Buyback Yield
| Total Shareholder Yield | 11.1% |
| Future Dividend Yield | 2.3% |
| Dividend Growth | -58.6% |
| Next dividend pay date | 13 Dec 24 |
| Ex dividend date | 25 Nov 24 |
| Dividend per share | US$1.000 |
| Payout ratio | 42% |
Recent dividend and buyback updates
Recent updates
PHINIA (NYSE:PHIN) Is Paying Out A Dividend Of $0.25
Nov 18
PHINIA's (NYSE:PHIN) Soft Earnings Are Actually Better Than They Appear
Nov 08PHINIA's (NYSE:PHIN) Returns Have Hit A Wall
Oct 17PHINIA (NYSE:PHIN) Takes On Some Risk With Its Use Of Debt
Aug 27PHINIA Inc. Just Missed EPS By 73%: Here's What Analysts Think Will Happen Next
Aug 01Returns At PHINIA (NYSE:PHIN) Appear To Be Weighed Down
Jul 18A Growing Affinity For Phinia
Jun 06PHINIA Inc.'s (NYSE:PHIN) Intrinsic Value Is Potentially 56% Above Its Share Price
Jun 05Silver Ring Value Partners - Phinia: Capable Of Low Single-Digit Growth But Being Priced As A Declining Business
May 17These 4 Measures Indicate That PHINIA (NYSE:PHIN) Is Using Debt Reasonably Well
Feb 16Phinia: 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 25Upcoming Dividend Payment
Stability 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) | 1.9% |
| Market Bottom 25% (US) | 1.4% |
| Market Top 25% (US) | 4.3% |
| Industry Average (Auto Components) | 2.3% |
| Analyst forecast (PHIN) (up to 3 years) | 2.3% |
Notable Dividend: PHIN's dividend (1.91%) is higher than the bottom 25% of dividend payers in the US market (1.39%).
High Dividend: PHIN's dividend (1.91%) is low compared to the top 25% of dividend payers in the US market (4.32%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (42.2%), PHIN's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its low cash payout ratio (23.5%), PHIN's dividend payments are well covered by cash flows.