PHINIA Inc. Dividends
The next dividend date for PHINIA Inc. has not yet been scheduled.
What is a Dividend Date
When we talk about a dividend date, we’re referring specifically to the ex-dividend date.
This is the date on which all stockholders will earn a dividend. Technically, a person needs to be the owner of a share of stock as of the night before the ex-dividend date in order to earn the dividend.
The ex-dividend date is different than the date when the dividend is issued. Although you earn a dividend on the ex-dividend date, that dividend is typically not disbursed to your account until several weeks later.
Most brokerages will automatically credit the dividend to your account once it’s issued.
Historical Dividends for PHINIA Inc. (PHIN)
More About PHINIA Inc.
PHINIA Inc. engages in the development, design, and manufacture of integrated components and systems. The company operates through Fuel Systems and Aftermarket segments. The Fuel Systems segment provides advanced fuel injection systems, including pumps, injectors, fuel rail assemblies, and engine control modules; fuel delivery modules; canisters; sensors; and electronic control modules. The segment also offers complete systems comprising software and calibration services that reduce emissions and enhance fuel economy for traditional and hybrid applications. The Aftermarket segment is involved in the sale of starters, alternators, and remanufactured products, as well as maintenance, test equipment, and vehicle diagnostics solutions to original equipment manufacturers and original equipment service customers. Its products are used for commercial vehicles and industrial applications, such as medium-duty and heavy-duty trucks, buses and other off-highway construction, marine, agricultural and industrial applications; light commercial vehicles, including vans and trucks; and light passenger vehicles, including passenger cars, mini-vans, cross-overs and sport-utility vehicles. PHINIA Inc. was incorporated in 2023 and is based in Auburn Hills, Michigan.
Owning PHINIA Inc. Stock on the Dividend Date
If you own PHINIA Inc. stock on the ex-dividend date, then you earn the associated dividend.
Theoretically, the price of PHINIA Inc. stock should go down by the amount of the dividend (in addition to any other pressures that market forces have on the price of PHINIA Inc. stock).
Therefore, it is typically not expected that there is any incremental profit to be gained from buying PHINIA Inc. stock right before the ex-dividend date and then selling it immediately after. It’s not like you get the PHINIA Inc. dividend payout for free just by doing that since there is typically an equivalent commensurate drop in the stock price.
Learning More PHINIA Inc. Dividends
You can contact us any time if you would like to ask questions about PHINIA Inc. dividends or anything else related to the stock market.