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Phillips Edison & Company Declares Monthly Dividend Distribution

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Phillips Edison & Company (Nasdaq: PECO), a major owner and operator of grocery-anchored neighborhood shopping centers, has announced a monthly dividend distribution of $0.0975 per share of common stock. This dividend will be payable on September 4, 2024, to stockholders of record as of August 15, 2024. Operating partnership unit holders will receive distributions at the same rate as common stockholders, subject to required tax withholding.

PECO, known for its significant presence in the grocery-anchored retail space, continues to demonstrate its commitment to providing regular returns to its investors through this dividend declaration. This announcement reflects the company's ongoing financial stability and shareholder value creation strategy in the real estate investment trust (REIT) sector.

Phillips Edison & Company (Nasdaq: PECO), un importante proprietario e operatore di centri commerciali di quartiere ancorati ai supermercati, ha annunciato una distribuzione di dividendi mensili di $0.0975 per azione di azioni ordinarie. Questo dividendo sarà pagabile il 4 settembre 2024, agli azionisti registrati al 15 agosto 2024. I possessori di unità di partnership operativa riceveranno distribuzioni allo stesso tasso degli azionisti ordinari, soggetto alle ritenute fiscali richieste.

PECO, nota per la sua significativa presenza nel settore retail ancorato ai supermercati, continua a dimostrare il suo impegno a fornire rendimenti regolari ai suoi investitori attraverso questa dichiarazione di dividendo. Questo annuncio riflette la stabilità finanziaria continua dell'azienda e la strategia di creazione di valore per gli azionisti nel settore dei fondi di investimento immobiliare (REIT).

Phillips Edison & Company (Nasdaq: PECO), un importante propietario y operador de centros comerciales de vecindario anclados a supermercados, ha anunciado una distribución de dividendos mensual de $0.0975 por acción de acciones ordinarias. Este dividendo será pagadero el 4 de septiembre de 2024, a los accionistas registrados hasta el 15 de agosto de 2024. Los titulares de unidades de asociación operativa recibirán distribuciones al mismo ritmo que los accionistas ordinarios, sujeto a las retenciones fiscales requeridas.

PECO, conocido por su significativa presencia en el espacio de venta al por menor anclado a supermercados, sigue demostrando su compromiso de proporcionar rendimientos regulares a sus inversores a través de esta declaración de dividendo. Este anuncio refleja la estabilidad financiera continua de la empresa y su estrategia de creación de valor para los accionistas en el sector de fideicomisos de inversión en bienes raíces (REIT).

필립스 에디슨 & 컴퍼니 (Nasdaq: PECO), 식료품이 중심인 인근 쇼핑 센터의 주요 소유자이자 운영자는 주당 $0.0975의 월배당금 분배를 발표했습니다. 이 배당금은 2024년 9월 4일에 지급되며, 2024년 8월 15일 기준으로 주주에 속한 사람에게 지급됩니다. 운영 파트너십 유닛 소유자들은 일반 주주와 동일한 비율로 분배를 받으며, 세금 원천 징수 요구 사항에 따릅니다.

PECO는 식료품 중심의 소매 공간에서 중요한 존재감으로 알려져 있으며, 이번 배당금 선언을 통해 투자자들에게 정기적인 수익을 제공하겠다는 약속을 지속적으로 보여주고 있습니다. 이번 발표는 부동산 투자 신탁(REIT) 부문에서 기업의 지속적인 재정 안정성과 주주 가치 창출 전략을 반영합니다.

Phillips Edison & Company (Nasdaq: PECO), un important propriétaire et opérateur de centres commerciaux de quartier ancrés par des supermarchés, a annoncé une distribution de dividende mensuelle de 0,0975 $ par action d'actions ordinaires. Ce dividende sera payable le 4 septembre 2024, aux actionnaires inscrits au 15 août 2024. Les détenteurs d'unités de partenariat opérationnel recevront des distributions au même taux que les actionnaires ordinaires, sous réserve des retenues fiscales requises.

PECO, connue pour sa présence significative dans le secteur de la vente au détail ancrée par des supermarchés, continue de démontrer son engagement à fournir des rendements réguliers à ses investisseurs grâce à cette déclaration de dividende. Cette annonce reflète la stabilité financière continue de l'entreprise et sa stratégie de création de valeur pour les actionnaires dans le secteur des fiducies de placements immobiliers (REIT).

Phillips Edison & Company (Nasdaq: PECO), ein bedeutender Eigentümer und Betreiber von nach Lebensmittelgeschäften ausgerichteten Nachbarschaftszentren, hat eine monatliche Dividendenverteilung von $0.0975 pro Aktie an Stammaktien angekündigt. Diese Dividende wird am 4. September 2024 an die Aktionäre ausgezahlt, die am 15. August 2024 im Aktienregister stehen. Inhaber von Betriebspartnerschaftsanteilen erhalten Ausschüttungen in derselben Höhe wie die Stammaktionäre, unterliegt jedoch den erforderlichen Steuerabzügen.

PECO, bekannt für seine bedeutende Präsenz im Einzelhandel, der an Lebensmittelgeschäfte angekoppelt ist, zeigt weiterhin sein Engagement, seinen Investoren durch diese Dividendenverkündung regelmäßige Renditen zu bieten. Diese Ankündigung spiegelt die fortwährende finanzielle Stabilität des Unternehmens und die Strategie zur Schaffung von Aktionärswerten im Bereich der Immobilien-Investmentfonds (REIT) wider.

Positive
  • Consistent monthly dividend distribution of $0.0975 per share
  • Dividend payable to both common stockholders and operating partnership unit holders
Negative
  • None.

CINCINNATI, July 31, 2024 (GLOBE NEWSWIRE) -- Phillips Edison & Company, Inc. (Nasdaq: PECO) (“PECO”), one of the nation’s largest owners and operators of grocery-anchored neighborhood shopping centers, today announced that its Board of Directors declared a monthly dividend distribution of $0.0975 per share of the Company’s common stock payable on September 4, 2024 to stockholders of record as of August 15, 2024. Operating partnership unit holders receive distributions at the same rate as common stockholders, subject to the required tax withholding.

Connect with PECO
For additional information, please visit https://www.phillipsedison.com/

Follow PECO on:
Twitter at https://twitter.com/PhillipsEdison
Facebook at https://www.facebook.com/phillipsedison.co
Instagram at https://www.instagram.com/phillips.edison/; and
Find PECO on LinkedIn at https://www.linkedin.com/company/phillipsedison&company

About Phillips Edison & Company
Phillips Edison & Company, Inc. (“PECO”) is one of the nation’s largest owners and operators of grocery-anchored neighborhood shopping centers. Founded in 1991, PECO has generated strong results through its vertically-integrated operating platform and national footprint of well-occupied shopping centers. PECO’s centers feature a mix of national and regional retailers providing necessity-based goods and services in fundamentally strong markets throughout the United States. PECO’s top grocery anchors include Kroger, Publix, Albertsons and Ahold Delhaize. As of June 30, 2024, PECO managed 306 shopping centers, including 286 wholly-owned centers comprising 32.6 million square feet across 31 states and 20 shopping centers owned in one institutional joint venture. PECO is focused on creating great omni-channel, grocery-anchored shopping experiences and improving communities, one neighborhood shopping center at a time.

PECO uses, and intends to continue to use, its Investors website, which can be found at https://investors.phillipsedison.com, as a means of disclosing material nonpublic information and for complying with its disclosure obligations under Regulation FD.

Forward-Looking Statements
This press release may contain certain forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Such forward-looking statements can generally be identified by the Company’s use of forward-looking terminology such as “may,” “will,” “expect,” “intend,” “anticipate,” “estimate,” “believe,” “continue,” “seek,” “objective,” “goal,” “strategy,” “plan,” “focus,” “priority,” “should,” “could,” “potential,” “possible,” “look forward,” “optimistic,” or other similar words. Readers are cautioned not to place undue reliance on these forward-looking statements, which speak only as of the date of this press release. Such statements are subject to known and unknown risks and uncertainties, which could cause actual results to differ materially from those projected or anticipated, including the risk factors and other risks and uncertainties described in the Company’s 2023 Annual Report on Form 10-K, filed with the SEC on February 12, 2024, as updated from time to time in the Company’s periodic and/or current reports filed with the SEC, which are accessible on the SEC’s website at www.sec.gov. Except as required by law, the Company does not undertake any obligation to update or revise any forward-looking statement, whether as a result of new information, future events, or otherwise.

Investors
Kimberly Green, Head of Investor Relations
(513) 692-3399, kgreen@phillipsedison.com


FAQ

What is the amount of Phillips Edison & Company's (PECO) latest monthly dividend?

Phillips Edison & Company (PECO) has declared a monthly dividend of $0.0975 per share of common stock.

When is the payment date for PECO's recently announced dividend?

The dividend is payable on September 4, 2024.

What is the record date for PECO's September 2024 dividend distribution?

The record date for the dividend is August 15, 2024.

Do PECO's operating partnership unit holders receive the same dividend rate as common stockholders?

Yes, operating partnership unit holders receive distributions at the same rate as common stockholders, subject to required tax withholding.

Phillips Edison & Company, Inc.

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4.58B
121.94M
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2.69%
REIT - Retail
Real Estate Investment Trusts
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United States of America
CINCINNATI