Phillips Edison: Key Dividend Insights and Recent Developments Ahead of Jun 16, 2025 Ex-Dividend Date
CashCowThursday, Jun 12, 2025 7:37 pm ET
1min readPhillips Edison & Company (PECO) has announced its latest dividend details. The company revealed a dividend of $0.103 per share, with an ex-dividend date set for Jun 16, 2025, and a payment date scheduled for Jul 1, 2025. This figure is slightly higher than the average of the last ten dividends, which was approximately $0.095 per share. The announcement was made on May 1, 2025. The last dividend issued by Phillips Edison was also $0.103 per share, with the ex-dividend date being Jun 3, 2025. Both dividends are categorized as cash dividends.
Recently, Phillips Edison & Company has been actively engaging in strategic moves that could impact its market performance and financial health. Over the past week, they acquired the Westgate Shopping Center for $51.5 million, continuing their focus on grocery-anchored retail. This acquisition is part of their broader strategy to strengthen their retail portfolio, as indicated by industry analysts.
As of late, the company's revenue has shown a positive trend. In 2024, Phillips Edison reported an annual revenue of $661.39 million, reflecting an 8.40% growth. The trailing twelve months' revenue stands at $678.40 million, showcasing a growth rate of 9.36%. These figures underscore the company's robust financial standing and potential for future growth.
In other developments, there has been notable institutional interest in Phillips Edison. GAMMA Investing LLC recently increased its shares in the company, highlighting confidence in its future prospects. This move was observed just days before the upcoming ex-dividend date and adds to the growing interest from institutional holders.
In conclusion, Phillips Edison & Company is demonstrating a strong financial performance and strategic growth through acquisitions and institutional investments. Investors should note that Jun 16, 2025, marks the ex-dividend date, which is the last opportunity to purchase shares and still be eligible for the upcoming dividend. Purchases made after this date will not qualify for the dividend payout.
Recently, Phillips Edison & Company has been actively engaging in strategic moves that could impact its market performance and financial health. Over the past week, they acquired the Westgate Shopping Center for $51.5 million, continuing their focus on grocery-anchored retail. This acquisition is part of their broader strategy to strengthen their retail portfolio, as indicated by industry analysts.
As of late, the company's revenue has shown a positive trend. In 2024, Phillips Edison reported an annual revenue of $661.39 million, reflecting an 8.40% growth. The trailing twelve months' revenue stands at $678.40 million, showcasing a growth rate of 9.36%. These figures underscore the company's robust financial standing and potential for future growth.
In other developments, there has been notable institutional interest in Phillips Edison. GAMMA Investing LLC recently increased its shares in the company, highlighting confidence in its future prospects. This move was observed just days before the upcoming ex-dividend date and adds to the growing interest from institutional holders.
In conclusion, Phillips Edison & Company is demonstrating a strong financial performance and strategic growth through acquisitions and institutional investments. Investors should note that Jun 16, 2025, marks the ex-dividend date, which is the last opportunity to purchase shares and still be eligible for the upcoming dividend. Purchases made after this date will not qualify for the dividend payout.
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