PHINIA (PHIN) Announces $0.25 Cash Dividend

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PHINIA Announces Return of Capital to Shareholders

August 31, 2023 7:30 AM EDT

PHINIA Board of Directors Initiates Quarterly Dividend

Authorizes $150 Million Share Repurchase Program

AUBURN HILLS, Mich.--(BUSINESS WIRE)-- PHINIA Inc. (PHINIA or the Company) (NYSE: PHIN), a leader in premium fuel systems, electrical systems, and aftermarket products, today announced that its Board of Directors has declared a quarterly cash dividend in the amount of $0.25 per common share, payable on September 22, 2023 to shareholders of record at the close of business on September 12, 2023. Going forward, the Company expects to pay dividends on a quarterly basis, however any... More