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Phinia (Phinia) Dividend Payout Ratio : 0.29 (As of Mar. 2024)


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What is Phinia Dividend Payout Ratio?

Phinia's dividend payout ratio for the months ended in Mar. 2024 was 0.29.

The historical rank and industry rank for Phinia's Dividend Payout Ratio or its related term are showing as below:

PHIN' s Dividend Payout Ratio Range Over the Past 10 Years
Min: 0.12   Med: 0.12   Max: 0.24
Current: 0.22


During the past 4 years, the highest Dividend Payout Ratio of Phinia was 0.24. The lowest was 0.12. And the median was 0.12.

PHIN's Dividend Payout Ratio is ranked better than
59.14% of 744 companies
in the Vehicles & Parts industry
Industry Median: 0.27 vs PHIN: 0.22

As of today (2024-04-30), the Dividend Yield % of Phinia is 1.82%.

During the past 4 years, the highest Trailing Annual Dividend Yield of Phinia was 2.00%. The lowest was 0.83%. And the median was 1.35%.

Phinia's Dividends per Share for the months ended in Mar. 2024 was $0.25.

The growth rate is calculated with least square regression.

For more information regarding to dividend, please check our Dividend Page.


Phinia Dividend Payout Ratio Historical Data

The historical data trend for Phinia's Dividend Payout Ratio can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Phinia Dividend Payout Ratio Chart

Phinia Annual Data
Trend Dec20 Dec21 Dec22 Dec23
Dividend Payout Ratio
- - - 0.12

Phinia Quarterly Data
Dec20 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Dividend Payout Ratio Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only - - 0.47 0.35 0.29

Competitive Comparison of Phinia's Dividend Payout Ratio

For the Auto Parts subindustry, Phinia's Dividend Payout Ratio, along with its competitors' market caps and Dividend Payout Ratio data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Phinia's Dividend Payout Ratio Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Phinia's Dividend Payout Ratio distribution charts can be found below:

* The bar in red indicates where Phinia's Dividend Payout Ratio falls into.



Phinia Dividend Payout Ratio Calculation

Dividend payout ratio measures the percentage of the company's earnings paid out as dividends.

Phinia's Dividend Payout Ratio for the fiscal year that ended in Dec. 2023 is calculated as

Dividend Payout Ratio=Dividends per Share (A: Dec. 2023 )/ EPS without NRI (A: Dec. 2023 )
=0.5/ 4.13
=0.12

Phinia's Dividend Payout Ratio for the quarter that ended in Mar. 2024 is calculated as

Dividend Payout Ratio=Dividends per Share (Q: Mar. 2024 )/ EPS without NRI (Q: Mar. 2024 )
=0.25/ 0.865
=0.29

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Phinia (NYSE:PHIN) Dividend Payout Ratio Explanation

In dividends investing, Payout Ratio and Dividend Growth Rate are the two most important variables for consideration. A lower payout ratio may indicate that the company has more room to increase its dividends.


Phinia Dividend Payout Ratio Related Terms

Thank you for viewing the detailed overview of Phinia's Dividend Payout Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.


Phinia (Phinia) Business Description

Traded in Other Exchanges
Address
3000 University Drive, Auburn Hills, MI, USA, 48326
Website
Phinia Inc is a leader in the development, design and manufacture of integrated components and systems that optimize performance, increase efficiency and reduce emissions in combustion and hybrid propulsion for commercial vehicles and industrial applications and light vehicles. It is a global supplier to most major original equipment manufacturers (OEMs) and offers a wide range of original equipment service (OES) solutions and remanufactured products as well as an expanded range of products for the independent (non-OEM) aftermarket. Phinia has an extensive original equipment portfolio of advanced fuel injection systems, fuel delivery modules, canisters, starters, alternators, sensors, electronic control modules and associated software.
Executives
Neil Fryer officer: VP and GM Global Aftermarket* 3000 UNIVERSITY DRIVE, AUBURN HILLS MI 48326
Samuel R. Chapin director 940 WINTER STREET, C/O PERKINELMER, WALTHAM MA 02451
Brady D Ericson officer: President and CEO* 3850 HAMLIN ROAD, AUBURN HILLS MI 48326
Latondra Newton director 3000 UNIVERSITY DRIVE, AUBURN HILLS MI 48326
Daun Norman director C/O GARRETT MOTION INC., LA PIECE 16, ROLLE V8 1180
Beasi Alisa Di officer: VP and CHRO* 3000 UNIVERSITY DRIVE, AUBURN HILLS MI 48326
Christopher Gustanski officer: VP, Operational Excellence* 3000 UNIVERSITY DRIVE, AUBURN HILLS MI 48326
Matthew Logar officer: VP and CIO* 3000 UNIVERSITY DRIVE, AUBURN HILLS MI 48326
Michael Coetzee officer: VP and GM Fuel Syst. Americas* 3000 UNIVERSITY DRIVE, AUBURN HILLS MI 48326
Samantha Pombier officer: VP Controller and CAO* 3000 UNIVERSITY DRIVE, AUBURN HILLS MI 48326
John Lipinski officer: VP and GM Fuel Syst. Europe* 3000 UNIVERSITY DRIVE, AUBURN HILLS MI 48326
Sebastian Dori officer: VP and CPO* 3000 UNIVERSITY DRIVE, AUBURN HILLS MI 48326
Todd L Anderson officer: VP and Chief Tech. Officer* 5605 CARNEGIE BLVD. SUITE 500, CHARLOTTE NC 28209
Roger Wood director 3850 HAMLIN RD., AUBURN HILLS MI 48326
Robin Kendrick director BORGWARNER INC., 3850 HAMLIN ROAD, AUBURN HILLS MI 48326

Phinia (Phinia) Headlines

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