Phillips Edison & Company ( (PECO) ) has issued an update.
Phillips Edison & Company announced that its Board of Directors declared monthly dividend distributions of $0.1025 per share for March and April 2025, payable on April 1 and May 1 respectively. This decision reflects the company’s ongoing commitment to returning value to its stockholders and maintaining its financial stability, with operating partnership unit holders receiving distributions at the same rate as common stockholders.
More about Phillips Edison & Company
Phillips Edison & Company, Inc. is one of the largest owners and operators of grocery-anchored neighborhood shopping centers in the United States. Founded in 1991, the company operates a national footprint of well-occupied shopping centers, featuring a mix of national and regional retailers providing necessity-based goods and services. As of December 31, 2024, PECO managed 316 shopping centers across 31 states, with major grocery anchors including Kroger, Publix, Albertsons, and Ahold Delhaize.
YTD Price Performance: -0.62%
Average Trading Volume: 645,686
Technical Sentiment Consensus Rating: Sell
Current Market Cap: $5.11B
For detailed information about PECO stock, go to TipRanks’ Stock Analysis page.