Phillips Edison (PECO)

Strip Center | Grocery/Community

Phillips Edison (PECO) is tracked in the Hoya Capital REIT and real estate database, classified under Strip Center with a Grocery/Community focus. The company came public in 2021. It is categorized as a Mid-Cap name in the database. The company has an equity market capitalization of approximately $5.8 billion. Shares recently traded near $39.83 with a dividend yield of about 3.26 percent. The company pays dividends on a monthly schedule with a forward annual dividend rate of $1.30 per share. Its FFO payout ratio is roughly 50 percent. The dividend was raised by about 5.6 percent over the past year. The stock is priced at roughly 13.7 times estimated 2026 funds from operations. Balance sheet leverage stands near 4.6 times debt to EBITDA. S&P rates the company's credit at BBB. Within Hoya Capital's index sector framework the company is grouped under Retail. The next scheduled ex-dividend date on file is 2026-09-15. It operates with an internal management structure. This profile includes fundamentals, dividend history, valuation metrics, and sector rankings from Hoya Capital's research database, refreshed on a regular schedule.

Phillips Edison & Company, Inc. (PECO) is a prominent real estate investment trust (REIT) specializing in the acquisition, management, and development of grocery-anchored shopping centers throughout the United States. With over 300 strategically located properties, PECO effectively capitalizes on demographic trends and evolving consumer behaviors to optimize asset performance and enhance shareholder value. The company maintains robust relationships with both national and regional tenants, providing a stable cash flow while adhering to disciplined capital management and sustainability practices that reinforce its commitment to responsible operations and long-term returns for investors.

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Company website: www.phillipsedison.com