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PHINIA Inc. (NYSE:PHIN – Get Free Report) declared a quarterly dividend on Thursday, May 9th, Wall Street Journal reports. Stockholders of record on Friday, May 24th will be paid a dividend of 0.25 per share on Friday, June 14th. This represents a $1.00 annualized dividend and a dividend yield of 2.24%. The ex-dividend date is […]
PHINIA Inc. (NYSE:PHIN – Get Free Report) announced a quarterly dividend on Thursday, May 9th, Wall Street Journal reports. Investors of record on Friday, May 24th will be given a dividend of 0.25 per share on Friday, June 14th. This represents a $1.00 dividend on an annualized basis and a yield of 2.22%. The ex-dividend […]
U.S. GAAP net sales were $863 million, an increase of 3.4% compared with Q1 2023, according to PHINIA.
Analyst initiates coverage on Phinia with Overweight rating and $50 price target. Sees potential for strong cash flows and dividends in the long-term despite current EV market challenges.
Morgan Stanley has a stock in mind for investors looking to profit off the gradual adoption of electric vehicles.