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Phillips Edison and Company Inc (PECO) |
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PECO's Dividend Pay out ratio over the 12 Months Period
Cumulative by Quarter, Trailing twelve months
Phillips Edison And Inc 's 12 Months dividend pay out ratio, the ratio that measures the proportion of earnings, that Phillips Edison And Inc ' distributes to its shareholders in the form of dividends, sequentially decreased to 218.65% in the second quarter 2024, this result is above Phillips Edison And Inc 's average of of 345.63%.
Within Financial sector 38 other companies have achieved higher 12 Months dividend pay out ratio. While in terms of ranking among all other companies, the company has moved form 12 in the first quarter 2024, to 14.
Dividend in Glossary
Select the Comparisons :
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Select the Ratio:
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Cumulative Dividend Pay out Ratio |
II. Quarter
(Jun 30 2024) |
I. Quarter
(Mar 31 2024) |
IV. Quarter
(Dec 31 2023) |
III. Quarter
(Sep 30 2023) |
II. Quarter
(Jun 30 2023) |
PECO's Pay out Ratio (TTM) |
218.65 % |
236.34 % |
235.3 % |
237.45 % |
239.13 % |
PECO's Dividend Pay out Ratio Total
Ranking |
# 14 |
# 12 |
# 14 |
# 63 |
# 76 |
News about Phillips Edison and Company Inc Dividends |
Phillips Edison and Company to Boost Dividends, Signaling Confidence Amid Market Challenges In an era characterized by economic uncertainty and fluctuating consumer spending, Phillips Edison and Company, Inc. (Nasdaq: PECO), one of America's leading owners and operators of high-quality, grocery-anchored neighborhood shopping centers, is making waves with its recently announced decision to increase monthly dividend distributions. This strategic move, approved by the company's Board of Directors, reflects the firm?s strong operational performance and commitment to delivering shareholder value even in a challenging market landscape.
Dividend Increase: A Sign of Strength The Board's approval of a 5.1% increase in monthly dividends is noteworthy, especially as it comes at a time when many companies face scrutiny over their financial health. The upcoming dividend increase will be effective for payments scheduled on October 1, 2024, and November 1, 2024, to common stockholders whose records are dated September 16, 2024, and October 15, 2024, respectively. This increase is not just a gesture of goodwill; it?s a strategic maneuver that aims to reinforce investor confidence amidst broader economic concerns.
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CINCINNATI, July 31, 2024 - Phillips Edison and Company, Inc. (Nasdaq: PECO) (PECO), a prominent player in the grocery-anchored neighborhood shopping center space, has recently made an important announcement. The company's Board of Directors has declared a monthly dividend distribution of $0.0975 per share of the Company's common stock. Stockholders of record as of August 15, 2024, will receive the dividend payment on September 4, 2024. Additionally, operating partnership unit holders will also enjoy distributions at the same rate as common stockholders. Facts: Phillips Edison and Company, Inc., a leading owner and operator of grocery-anchored neighborhood shopping centers, has declared a monthly dividend distribution of $0.0975 per share of its common stock. This distribution will be made on September 4, 2024, for stockholders of record as of August 15, 2024. Additionally, operating partnership unit holders will receive distributions at the same rate as common stockholders, subject to the required tax withholding. Context: As of the writing of this article, Phillips Edison and Company, Inc. stands as one of the largest owners and operators of grocery-anchored neighborhood shopping centers in the nation. With a strong presence in the market, the company has consistently delivered value to its shareholders through regular dividend distributions. The recently declared monthly dividend distribution of $0.0975 per share further emphasizes the company's commitment to providing attractive returns to its loyal stockholders.
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Phillips Edison and Company Announces Dividend Distributions and Annual Meeting Results CINCINNATI, April 30, 2024 - Phillips Edison and Company, Inc. (Nasdaq: PECO), a leading owner and operator of grocery-anchored neighborhood shopping centers, has declared monthly dividend distributions and shared the outcomes of its recent Annual Meeting of Stockholders. The company's Board of Directors has declared a monthly dividend distribution of $0.0975 per share of the Company's common stock. This distribution will be made on June 4, 2024; July 2, 2024; and August 1, 2024. Stockholders of record as of May 15, 2024; June 17, 2024; and July 15, 2024, respectively, will be eligible to receive these dividends. The same dividend rate applies to the operating partnership unit holders, with necessary tax withholding in place.
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Phillips Edison and Company Declares Monthly Dividend Distributions CINCINNATI, Feb. 21, 2024 - Phillips Edison and Company, Inc. (Nasdaq: PECO), one of the nation's largest owners and operators of grocery-anchored neighborhood shopping centers, recently announced its declaration of monthly dividend distributions for its shareholders. The Board of Directors approved a dividend of $0.0975 per share of the Company's common stock, which will be payable on April 1, 2024, and May 1, 2024, to stockholders of record as of March 15, 2024, and April 15, 2024, respectively. This development is significant for Phillips Edison and Company and its shareholders. The declaration of monthly dividends showcases the company's commitment to delivering consistent returns to its stockholders. By distributing dividends on a regular basis, Phillips Edison and Company is providing an additional incentive for investors to hold onto their shares, attracting new investors, and potentially boosting the demand for company stock.
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Phillips Edison and Company Announces 2023 Dividend Distributions Tax Reporting Information CINCINNATI, Jan. 17, 2024 - Phillips Edison and Company, Inc. (Nasdaq: PECO), a leading owner and operator of grocery-anchored neighborhood shopping centers in the United States, has revealed its tax reporting details for the dividend distributions made in 2023 to common stockholders. The company, known for its significant presence in the retail real estate market, aims to provide transparency and timely information to its stakeholders. As of the writing of this article, Phillips Edison and Company has disclosed crucial tax reporting information related to the dividend distributions taking place in 2023. The details shared by the company will assist shareholders in accurately reporting their dividends on their tax returns.
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CINCINNATI, November 07, 2023 - Phillips Edison and Company, Inc. (Nasdaq: PECO) (PECO), a leading owner and operator of grocery-anchored neighborhood shopping centers, has recently announced the declaration of consistent monthly dividend distributions of $0.0975 per share. The company's Board of Directors has authorized these dividend payments for the months of December 2023, January 2024, February 2024, and March 2024. With a focus on supporting its shareholders, this strategic move reflects PECO's commitment to deliver value amidst its successful operations and growth trajectory.
Phillips Edison and Company: Powering the Neighborhood Retail Sector As one of the nation's largest owners and operators of grocery-anchored neighborhood shopping centers, Phillips Edison and Company, Inc. has built a strong reputation for providing essential services to communities across the United States. With a portfolio of well-managed properties, PECO has shown resilience and adaptability in a rapidly evolving retail landscape.
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CINCINNATI, Sept. 05, 2023 - Phillips Edison and Company, Inc. (Nasdaq: PECO) (PECO), a leading owner and operator of omni-channel grocery-anchored neighborhood shopping centers, has recently announced an increase in its monthly dividend distribution by 4.5%. The decision reflects the company's commitment to delivering value to its shareholders amidst challenging market conditions. This move comes as Phillips Edison And Company Inc shares experience volatility, declining by -2.74% over the past 30 days and 33.75% over the past 12 months, while remaining 3.6% below the 52-week high. Facts: Phillips Edison and Company, Inc., an established player in the retail real estate market, has gained recognition as one of the nation's largest owners and operators of omni-channel grocery-anchored neighborhood shopping centers. On September 5, 2023, the company's Board of Directors approved an increase of 4.5% in monthly dividend distributions. The elevated dividends will be payable on October 2, 2023, and November 1, 2023, respectively, to common stockholders of record as of September 15, 2023, and October 16, 2023.
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Dividend Pay out Ratio Statistics |
High |
Average |
Low |
923.52 % |
345.63 % |
218.65 % |
(Sep 30 2019) |
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(Jun 30 2024) |
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