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Phillips Edison & Company Declares Monthly Dividend Distribution

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Phillips Edison & Company (PECO), a major owner-operator of grocery-anchored neighborhood shopping centers, has announced its monthly dividend distribution. The company will pay $0.1025 per share of common stock on December 3, 2024; January 3, 2025; February 4, 2025; and March 4, 2025. Stockholders must be on record by November 15, 2024; December 16, 2024; January 15, 2025; and February 18, 2025, respectively. Operating partnership unit holders will receive equivalent distributions, subject to required tax withholding.

Phillips Edison & Company (PECO), un importante proprietario-gestore di centri commerciali ancorati a supermercati nei quartieri, ha annunciato la distribuzione del dividendo mensile. L'azienda pagherà $0.1025 per azione di azioni ordinarie il 3 dicembre 2024; il 3 gennaio 2025; il 4 febbraio 2025; e il 4 marzo 2025. Gli azionisti devono essere registrati entro il 15 novembre 2024; il 16 dicembre 2024; il 15 gennaio 2025; e il 18 febbraio 2025, rispettivamente. I titolari di unità di partnership operative riceveranno distribuzioni equivalenti, soggette a ritenute fiscali necessarie.

Phillips Edison & Company (PECO), un importante propietario y operador de centros comerciales anclados a supermercados en vecindarios, ha anunciado su distribución mensual de dividendos. La compañía pagará $0.1025 por acción de acciones ordinarias el 3 de diciembre de 2024; el 3 de enero de 2025; el 4 de febrero de 2025; y el 4 de marzo de 2025. Los accionistas deben estar registrados a más tardar el 15 de noviembre de 2024; el 16 de diciembre de 2024; el 15 de enero de 2025; y el 18 de febrero de 2025, respectivamente. Los titulares de unidades de asociación operativa recibirán distribuciones equivalentes, sujetas a las retenciones fiscales necesarias.

필립스 에디슨 & 컴퍼니 (PECO), 슈퍼마켓이 있는 동네 쇼핑센터의 주요 소유 및 운영 회사가 월별 배당금 분배를 발표했습니다. 이 회사는 2024년 12월 3일; 2025년 1월 3일; 2025년 2월 4일; 및 2025년 3월 4일에 주당 $0.1025의 보통주 배당금을 지급합니다. 주주들은 각각 2024년 11월 15일; 2024년 12월 16일; 2025년 1월 15일; 및 2025년 2월 18일 기준으로 등록되어 있어야 합니다. 운영 파트너십 유닛 보유자는 필요한 세금 원천징수의 적용을 받아 동등한 배당금을 받을 것입니다.

Phillips Edison & Company (PECO), un important propriétaire et opérateur de centres commerciaux ancrés dans des supermarchés de quartier, a annoncé sa distribution de dividendes mensuels. La société paiera 0,1025 $ par action d'actions ordinaires le 3 décembre 2024 ; le 3 janvier 2025 ; le 4 février 2025 ; et le 4 mars 2025. Les actionnaires doivent être inscrits d'ici le 15 novembre 2024 ; le 16 décembre 2024 ; le 15 janvier 2025 ; et le 18 février 2025, respectivement. Les détenteurs d'unités de partenariat opérationnel recevront des distributions équivalentes, sous réserve de la retenue d'impôt requise.

Phillips Edison & Company (PECO), ein bedeutender Eigentümer und Betreiber von nach Lebensmittelgeschäften ausgerichteten Nachbarschaftseinkaufszentren, hat seine monatliche Dividendenauszahlung bekannt gegeben. Das Unternehmen wird am 3. Dezember 2024; 3. Januar 2025; 4. Februar 2025; und 4. März 2025 $0.1025 pro Aktie der Stammaktien auszahlen. Die Aktionäre müssen bis zum 15. November 2024; 16. Dezember 2024; 15. Januar 2025; und 18. Februar 2025 registriert sein. Die Inhaber von Betriebs-Partnerschaftseinheiten erhalten gleichwertige Ausschüttungen, vorbehaltlich der erforderlichen Steuerabzüge.

Positive
  • Consistent dividend payments indicating financial stability
  • Monthly dividend distribution of $0.1025 per share maintained
Negative
  • None.

CINCINNATI , Oct. 30, 2024 (GLOBE NEWSWIRE) -- Phillips Edison & Company, Inc. (Nasdaq: PECO) (“PECO” or the “Company”), one of the nation’s largest owners and operators of high-quality, grocery-anchored neighborhood shopping centers, today announced that its Board of Directors declared a monthly dividend distribution of $0.1025 per share of the Company’s common stock payable on December 3, 2024; January 3, 2025; February 4, 2025; and March 4, 2025 to stockholders of record as of November 15, 2024; December 16, 2024; January 15, 2025; and February 18, 2025.

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 high-quality, 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 September 30, 2024, PECO managed 311 shopping centers, including 290 wholly-owned centers comprising 32.9 million square feet across 31 states and 21 shopping centers owned in two institutional joint ventures. 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 contains certain forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. Phillips Edison & Company, Inc. (the “Company”) intends such forward-looking statements to be covered by the safe harbor provisions for forward-looking statements contained in the Private Securities Litigation Reform Act of 1995 and includes this statement for purposes of complying with the safe harbor provisions. 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 earnings release. Such statements include, but are not limited to: (a) statements about the Company’s plans, strategies, initiatives, and prospects; (b) statements about the Company’s underwritten incremental yields; and (c) statements about the Company’s future results of operations, capital expenditures, and liquidity. 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, without limitation: (i) changes in national, regional, or local economic climates; (ii) local market conditions, including an oversupply of space in, or a reduction in demand for, properties similar to those in the Company’s portfolio; (iii) vacancies, changes in market rental rates, and the need to periodically repair, renovate, and re-let space; (iv) competition from other available shopping centers and the attractiveness of properties in the Company’s portfolio to its tenants; (v) the financial stability of the Company’s tenants, including, without limitation, their ability to pay rent; (vi) the Company’s ability to pay down, refinance, restructure, or extend its indebtedness as it becomes due; (vii) increases in the Company’s borrowing costs as a result of changes in interest rates and other factors; (viii) potential liability for environmental matters; (ix) damage to the Company’s properties from catastrophic weather and other natural events, and the physical effects of climate change; (x) the Company’s ability and willingness to maintain its qualification as a REIT in light of economic, market, legal, tax, and other considerations; (xi) changes in tax, real estate, environmental, and zoning laws; (xii) information technology security breaches; (xiii) the Company’s corporate responsibility initiatives; (xiv) loss of key executives; (xv) the concentration of the Company’s portfolio in a limited number of industries, geographies, or investments; (xvi) the economic, political, and social impact of, and uncertainty relating to, pandemics or other health crises; (xvii) the Company’s ability to re-lease its properties on the same or better terms, or at all, in the event of non-renewal or in the event the Company exercises its right to replace an existing tenant; (xviii) the loss or bankruptcy of the Company’s tenants; (xix) to the extent the Company is seeking to dispose of properties, the Company’s ability to do so at attractive prices or at all; and (xx) the impact of inflation on the Company and on its tenants. Additional important factors that could cause actual results to differ are described in the filings made from time to time by the Company with the SEC and include 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. Therefore, such statements are not intended to be a guarantee of the Company’s performance in future periods.

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 Phillips Edison & Company's (PECO) monthly dividend amount for December 2024 to March 2025?

PECO's monthly dividend amount is $0.1025 per share for the period from December 2024 through March 2025.

When are PECO's dividend payment dates for the next four months?

PECO's dividend payment dates are December 3, 2024; January 3, 2025; February 4, 2025; and March 4, 2025.

What are the record dates for PECO's upcoming dividend distributions?

The record dates are November 15, 2024; December 16, 2024; January 15, 2025; and February 18, 2025.

Do PECO operating partnership unit holders receive the same distribution rate?

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

Phillips Edison & Company, Inc.

NASDAQ:PECO

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CINCINNATI