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Phillips Edison & Company, Inc. (PECO) logo

Phillips Edison & Company, Inc.

S&P 500

PECO/Real Estate · REIT - Retail/NASDAQ

Dividend Yield

3.15%

$1.29 · Annual Dividend

Stock Price$42.21P/E44.8MCap5.7BLast update: Jun 26, 2026 at 06:56

Dividend Safety Rating

70/ 100Safe

PECO's dividend appears safe and well-supported. Strengths include a 53.0% ffo payout ratio & 40.7% cfo payout ratio. Areas of concern: 2.1x interest coverage & 4.9% return on equity. As a REIT, its payout is measured against FFO (funds from operations) rather than net income, since large non-cash depreciation makes the earnings payout ratio misleading.

Based on 14 of 15 metrics

Strengths

  • FFO Payout Ratio: 53.0%Dividends are well covered by funds from operations (FFO).
  • Debt-to-Equity: 96.5Conservative debt level relative to equity.
  • Operating Margin: 30.5%Healthy operating margin provides a wide buffer.

Risks

  • Interest Coverage: 2.1xInterest coverage is thin relative to debt servicing.
  • Return on Equity: 4.9%Return on equity is below industry norms.
  • Profit Margin Stability: VolatileProfit margins have been volatile.

Payout & Coverage

Safe
53.0%Very Safe
77.5%Caution

Balance Sheet

Safe
1.4xCaution
96.5Very Safe

Profitability

Safe
4.9%Warning
30.5%Very Safe
71.1%Very Safe

Dividend Track Record

Safe
5+ yrsCaution
NoneVery Safe
GrowingVery Safe

About Phillips Edison & Company, Inc.

Phillips Edison & Company Inc. is a prominent real estate investment trust (REIT) primarily focused on the acquisition, ownership, and management of grocery-anchored shopping centers. The company's core objective is to provide high-quality retail spaces that cater to essential, everyday needs, thereby ensuring a stable and resilient tenant base. These shopping centers typically house well-known grocery chains alongside smaller regional and national retail stores, creating a synergistic shopping experience for consumers. Phillips Edison & Company's portfolio is recognized for its strategic geographical locations, often situated in densely populated suburban areas to maximize foot traffic and consumer accessibility. The organization's strong focus on community-centric properties makes it a vital player in the retail real estate sector, supporting local economies and serving as a crucial link in the supply chain for everyday goods. With its extensive expertise in real estate management and a commitment to sustainability, Phillips Edison & Company Inc. plays a significant role in shaping the landscape of neighborhood shopping experiences. The company is highly regarded for its adaptive strategies in maintaining occupancy levels and fostering long-term partnerships with retailers, ensuring continued growth and stability in the market.

Dividend Overview

Dividend Yield

3.15%

Annual Dividend

$1.29

Frequency

Monthly

Payout Ratio

138.11%

FCF Payout Ratio

77.54%

52-Week Range

$32.84 - $42.41

Dividend History (2016–2025)

PECO annual dividend per share and yield history

Earnings & Profitability

PECO earnings per share and net profit margin

Key Dates

Next Ex-Dividend Date

July 15, 2026

Next Payment Date

August 4, 2026

Dividend Growth

3-Year Dividend CAGR

4.66%

5-Year Dividend CAGR

N/A

10-Year Dividend CAGR

N/A

3-Year Total Growth

14.64%

5-Year Total Growth

N/A

10-Year Total Growth

N/A

Income Calculator

PECO Dividend Calculator

Total Investment

$4,221.00

Annual Income

$129.38

Quarterly Income

$32.35

Monthly Income

$10.78

Frequently Asked Questions

What is PECO's current dividend yield?
Phillips Edison & Company, Inc. (PECO) currently has a dividend yield of 3.15%, based on a stock price of $42.21 and an annual dividend of $1.29.
When is PECO's next dividend payment date?
PECO's next ex-dividend date is 2026-07-15 and the next payment date is 2026-08-04. You must own the stock before the ex-dividend date to receive the upcoming payment.
How much does PECO pay in dividends per year?
Phillips Edison & Company, Inc. paid $1.25 per share in annual dividends in 2025. The dividends are paid monthly.
Has PECO been increasing its dividend?
Phillips Edison & Company, Inc. has grown its dividend at a 5-year CAGR of —.
Is PECO's dividend safe?
Phillips Edison & Company, Inc. has a payout ratio of 138.11%. Its free cash flow payout ratio is 77.54%. The payout ratio is above 100%, which may indicate the company is paying more in dividends than it earns. This could be unsustainable long-term.
How is PECO's Dividend Safety Rating calculated?
The Dividend Safety Rating evaluates Phillips Edison & Company, Inc.'s dividend sustainability across four categories: Payout & Coverage (30%), Balance Sheet (20%), Profitability (20%), and Dividend Track Record (30%). Each metric is rated from "Very Safe" to "Danger" based on industry-standard thresholds, with sector-specific adjustments for real estate companies. The overall score ranges from 0 to 100.

Want to understand how we rate dividend safety? Read our full methodology

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This page is not investment advice. The content is for informational purposes only and should not be construed as a recommendation to buy, sell, or hold any security. Always do your own research and consult a qualified financial advisor before making investment decisions.

Financial data, including dividend history, earnings, balance sheet metrics, and the Dividend Safety Rating, is provided for informational purposes only. Data may be delayed or differ from official filings. Past performance does not guarantee future results. Always verify with official sources before making investment decisions.

Market data provided by Twelve Data.