Phillips Edison & Company (PECO) has announced a dividend of $0.103 per share, payable in cash, which will be distributed on Aug 1, 2025. This announcement was made on May 1, 2025. The dividend is slightly higher than the average dividend per share of the last ten payouts, which was $0.095. The ex-dividend date is set for Jul 15, 2025. Previously, on Jul 1, 2025, the company issued a dividend of $0.103 per share, also paid in cash.
Recently,
has seen significant developments. Over the past week, analysts have lowered the target price for
to $37.00, indicating shifts in market expectations. This adjustment is part of a broader evaluation of the company's financial performance and its position within the real estate sector. Additionally, a recent report highlighted Phillips Edison's annual revenue growth, with a notable increase of 8.40% in 2024, reaching $661.39 million. The trailing twelve months (ttm) revenue as of late is $678.40 million, reflecting a growth of 9.36%. Such financial metrics underscore the company's robust performance and potential for future growth.
As of late,
& Company has also experienced changes in major stock holdings. Allspring Global Investments Holdings LLC recently reduced its stake, contributing to a slight decrease in the stock price, which opened at $34.55 on the last recorded Friday. This movement reflects investor sentiment and market dynamics, emphasizing the importance of monitoring institutional behaviors within the industry.
In conclusion, Phillips Edison & Company continues to demonstrate solid financial health and market adaptability. Investors should note that Jul 15, 2025, marks the ex-dividend date, the last opportunity to purchase shares and qualify for the upcoming dividend payout. Any acquisitions after this date will not be eligible for the dividend distribution.
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