Phillips Edison's last monthly cash dividend of $0.098 per share was issued to shareholders on record before Jul 15, 2024. The dividend payment stands at $1.17 per share annually, which equates to a dividend yield of 3.44%.
PECO has a dividend yield of 3.44% which is below the Real Estate sector and the industry average. Compared to its Real Estate sector average of 5.86%, Phillips Edison's dividend yield is 41% lower.
Phillips Edison has been paying dividends for the last three years. According to our records PECO has distributed 12 monthly dividends in the past year. The annualized dividend per share has grown by 4.5% for the last twelve months. And with the stock price down by 3.5% from a year ago, the dividend yield has grown by 8%.
| Ex-date | Payment date | Declared on | Amount | Type |
|---|---|---|---|---|
| Jul 15, 2024 | Aug 1, 2024 | Apr 30, 2024 | $0.098 | normal |
| Jun 17, 2024 | Jul 2, 2024 | Apr 30, 2024 | $0.098 | normal |
| May 14, 2024 | Jun 4, 2024 | Apr 30, 2024 | $0.098 | normal |
| Apr 12, 2024 | May 1, 2024 | Feb 21, 2024 | $0.098 | normal |
| Mar 14, 2024 | Apr 1, 2024 | Feb 21, 2024 | $0.098 | normal |
| Feb 14, 2024 | Mar 1, 2024 | Nov 7, 2023 | $0.098 | normal |
| Jan 12, 2024 | Feb 1, 2024 | Nov 7, 2023 | $0.098 | normal |
| Dec 14, 2023 | Jan 2, 2024 | Nov 7, 2023 | $0.098 | normal |
| Nov 16, 2023 | Dec 1, 2023 | Nov 7, 2023 | $0.098 | normal |
| Oct 13, 2023 | Nov 1, 2023 | Sep 5, 2023 | $0.098 | normal |
| Sep 14, 2023 | Oct 2, 2023 | Sep 5, 2023 | $0.098 | normal |
| Aug 17, 2023 | Sep 1, 2023 | Aug 8, 2023 | $0.093 | normal |
| Jul 14, 2023 | Aug 1, 2023 | May 9, 2023 | $0.093 | normal |
| Jun 14, 2023 | Jul 3, 2023 | May 9, 2023 | $0.093 | normal |
| May 18, 2023 | Jun 1, 2023 | May 9, 2023 | $0.093 | normal |
| Apr 14, 2023 | May 1, 2023 | Feb 9, 2023 | $0.093 | normal |
| Mar 14, 2023 | Apr 3, 2023 | Feb 9, 2023 | $0.093 | normal |
| Feb 17, 2023 | Mar 1, 2023 | Feb 9, 2023 | $0.093 | normal |
| Jan 13, 2023 | $0.093 | normal | ||
| Dec 14, 2022 | $0.093 | normal | ||
| Nov 14, 2022 | Dec 1, 2022 | Nov 3, 2022 | $0.093 | normal |
| Oct 14, 2022 | Nov 1, 2022 | Sep 6, 2022 | $0.093 | normal |
| Sep 15, 2022 | Oct 3, 2022 | Sep 6, 2022 | $0.093 | normal |
| Aug 12, 2022 | Sep 1, 2022 | Aug 4, 2022 | $0.09 | normal |
| Jul 14, 2022 | Aug 1, 2022 | $0.09 | normal | |
| Jun 14, 2022 | Jul 1, 2022 | Jun 6, 2022 | $0.09 | normal |
| May 13, 2022 | Jun 1, 2022 | $0.09 | normal | |
| Apr 13, 2022 | May 2, 2022 | Feb 11, 2022 | $0.09 | normal |
| Mar 14, 2022 | Apr 1, 2022 | Feb 11, 2022 | $0.09 | normal |
| Feb 14, 2022 | Mar 1, 2022 | Feb 9, 2022 | $0.09 | normal |
| Jan 18, 2022 | Feb 1, 2022 | Nov 4, 2021 | $0.09 | normal |
| Dec 14, 2021 | Jan 3, 2022 | Nov 4, 2021 | $0.09 | normal |
| Nov 12, 2021 | Dec 1, 2021 | Nov 4, 2021 | $0.09 | normal |
| Oct 14, 2021 | Nov 1, 2021 | Sep 28, 2021 | $0.09 | normal |
| Sep 14, 2021 | Oct 1, 2021 | Aug 30, 2021 | $0.085 | normal |
| Aug 13, 2021 | Sep 1, 2021 | Aug 5, 2021 | $0.085 | normal |
PECO has a payout ratio of 248.1% which is higher than the Real Estate sector and the industry average. If we compare it with the Real Estate sector average of 138.6%, Phillips Edison's payout ratio is 79% higher.
| Name | Dividend yield | DPS | Payout ratio |
|---|---|---|---|
| NNN National Retail Properties Inc | 4.96% | $2.26 | 103.7% |
| NHI National Health Investors Inc | 4.8% | $3.6 | 118% |
| PECO Phillips Edison & Company Inc | 3.42% | $1.17 | 248.1% |
Yes, Phillips Edison has paid 12 dividends in the last twelve months. PECO has been paying dividends since 2021.
At this point we don't have a record of PECO's next dividend date, but based on the current dividend schedule we project that it will likely be in August 2024.
Phillips Edison's last dividend ex-date was on Jul 15, 2024. The dividend amount was $0.098 per share.
On an annual basis PECO pays $1.17 per share.
The current dividend yield of Phillips Edison is 3.44%.
Phillips Edison pays dividends monthly.
Phillips Edison's dividend payout ratio is 248.1%.
Phillips Edison's dividend yield is below the Real Estate sector average.