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Phinia (Phinia) Dividend Yield % : 1.82% (As of Apr. 30, 2024)


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What is Phinia Dividend Yield %?

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

Good Sign:

Phinia Inc stock dividend yield is close to 1-year high.

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

PHIN' s Dividend Yield % Range Over the Past 10 Years
Min: 0.83   Med: 1.35   Max: 2
Current: 1.82

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

PHIN's Dividend Yield % is ranked worse than
57.27% of 805 companies
in the Vehicles & Parts industry
Industry Median: 2.26 vs PHIN: 1.82

Phinia's Dividend Payout Ratio for the three months ended in Mar. 2024 was 0.29.

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.

As of today (2024-04-30), the Forward Dividend Yield % of Phinia is 2.47%.

Phinia's Dividends per Share for the three 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 Yield % Historical Data

The historical data trend for Phinia's Dividend Yield % 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 Yield % Chart

Phinia Annual Data
Trend Dec20 Dec21 Dec22 Dec23
Dividend Yield %
- - - 1.65

Phinia Quarterly Data
Dec20 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Dividend Yield % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only - - 0.93 1.65 1.95

Competitive Comparison of Phinia's Dividend Yield %

For the Auto Parts subindustry, Phinia's Dividend Yield %, along with its competitors' market caps and Dividend Yield % 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 Yield % Distribution in the Vehicles & Parts Industry

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

* The bar in red indicates where Phinia's Dividend Yield % falls into.



Phinia Dividend Yield % Calculation

Dividend Yield measures how much a company pays out in dividends each year relative to its share price.

Phinia Recent Full-Year* Dividend History

Amount Ex-date Record Date Pay Date Type Frequency Forex Rate
USD 0.2502024-02-232024-02-262024-03-15Cash DividendquarterlyUSD:USD 1.000000
USD 0.2502023-11-302023-12-012023-12-15Cash DividendquarterlyUSD:USD 1.000000
USD 0.2502023-09-112023-09-122023-09-22Cash DividendquarterlyUSD:USD 1.000000

* GuruFocus has an internal rule that if the most recent dividend payment frequency is at least 4 times a year, then the full year will be calculated according to the frequency of payment or the one-year time frame, whichever is stricter.
* GuruFocus converts dividend currency to local traded share price currency in order to calculate dividend yield. Please refer to the last column "Forex Rate" in the above table.

Phinia's Trailing Annual Dividend Yield (%) for Today is calculated as

Trailing Annual Dividend Yield=Most Recent Full Year Dividend/Current Share Price
=0.75/40.58
=1.85 %

Current Share Price is $40.58.
Phinia's Dividends per Share for the trailing twelve months (TTM) ended in Today is $0.75.

Phinia's Forward Annual Dividend Yield (%) for Today is calculated as

Forward Annual Dividend Yield=Forward Full Year Dividend/Current Share Price
=1/40.58
=2.46 %

Current Share Price is $40.58.
Phinia's Dividends per Share for the forward twelve months is calculated as $0.25 * 4 = $1.

* 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 Yield % Explanation

Over the long term, the return from dividends has been a significant contributor to the total returns produced by equity securities. Studies by Elroy Dimson, Paul Marsh, and Mike Staunton of Princeton University (2002) found that a market-oriented portfolio, which included reinvested dividends, would have generated nearly 85 times the wealth generated by the same portfolio relying solely on capital gains.

Dividends may also qualify a lower tax rate for investors.

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.

You can find the stocks that owned most by Gurus here. Or you can check out Warren Buffett's highest dividend stocks here.


Phinia Dividend Yield % Related Terms

Thank you for viewing the detailed overview of Phinia's Dividend Yield % 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

From GuruFocus

PHINIA Inc. to Report Q3 2023 Earnings

By Business Wire 10-09-2023

PHINIA Inc. to Report Q4 2023 Earnings

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PHINIA Announces Return of Capital to Shareholders

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PHINIA Inc. to Report Q2 2023 Earnings

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BlackRock Inc. Acquires Significant Stake in Phinia Inc.

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