Phillips Edison lifts dividend 6.2% to $1.38
Rhea-AI Filing Summary
Phillips Edison & Company, Inc. (PECO) announced that its Board of Directors approved a 6.2% increase to the monthly cash distribution, setting it at $0.115 per share for September, October, and November 2026. When annualized, this equals $1.38 per share, up from the prior annualized rate of $1.30.
These higher distributions are payable on or around October 1, 2026, November 3, 2026, and December 1, 2026 to stockholders of record as of September 15, 2026, October 15, 2026, and November 16, 2026, respectively. Operating partnership unit holders receive distributions at the same rate, subject to tax withholding. The company highlighted this as its sixth consecutive annual dividend increase and its third consecutive increase over 5%, citing strong cash flows and confidence in its long-term strategy.
Positive
- 6.2% dividend increase to an annualized $1.38 per share, signaling confidence in cash flows and capital return.
- Sixth consecutive annual dividend increase, including a third straight raise over 5%, reinforcing a track record of growing shareholder distributions.
Negative
- None.
8-K Event Classification
2 items: 7.01, 9.01
2 items
Item 7.01
Regulation FD Disclosure
Disclosure
Material non-public information disclosed under Regulation Fair Disclosure, often investor presentations or guidance.
Item 9.01
Financial Statements and Exhibits
Exhibits
Financial statements, pro forma financial information, or exhibit attachments filed with this report.
Key Figures
New monthly dividend: $0.115 per share
New annualized dividend rate: $1.38 per share
Prior annualized dividend rate: $1.30 per share
+5 more
8 metrics
New monthly dividend
$0.115 per share
Monthly distribution for September, October, and November 2026
New annualized dividend rate
$1.38 per share
Annualized based on the new $0.115 monthly distribution
Prior annualized dividend rate
$1.30 per share
Previous annualized dividend before the 6.2% increase
Dividend increase percentage
6.2%
Increase in annualized dividend from $1.30 to $1.38 per share
Shopping centers managed
330
As of June 30, 2026, total centers managed by PECO
Wholly-owned shopping centers
302
Part of the 330 centers managed as of June 30, 2026
Wholly-owned gross leasable area
33.9 million square feet
Area of 302 wholly-owned centers across 31 states as of June 30, 2026
Institutional joint venture centers
28 shopping centers
Owned in three institutional joint ventures as of June 30, 2026
Key Terms
Regulation FD, annualized rate, operating partnership unit holders, institutional joint ventures, +1 more
5 terms
Regulation FD regulatory
"for complying with its disclosure obligations under Regulation FD"
Regulation FD is a rule that prevents company insiders, like executives, from sharing important information with some people before others get it. It matters because it helps ensure all investors have equal access to key news, making the stock market fairer and reducing chances of insider trading.
annualized rate financial
"When annualized, this is equal to a rate of $1.38 per share"
Annualized rate is the conversion of a short-term return, growth, or interest figure into a yearly rate so you can compare different periods on the same scale. Think of it as measuring how fast something would grow over a full year if the current pace continued; investors use it to compare investments, assess expected yearly performance, and spot whether short-term gains or losses are likely significant over time.
operating partnership unit holders financial
"Operating partnership unit holders receive distributions at the same rate"
institutional joint ventures financial
"28 shopping centers owned in three institutional joint ventures"
vertically-integrated operating platform technical
"generated strong results through its vertically-integrated operating platform"
FAQ
What dividend change did PECO announce in this 8-K?
PECO’s Board approved a 6.2% increase in the monthly dividend to $0.115 per share, which equals an annualized rate of $1.38 per share, up from $1.30 previously.
What are the record and payment dates for PECO’s increased dividends?
The increased dividends are payable on or around October 1, November 3, and December 1, 2026 to stockholders of record as of September 15, October 15, and November 16, 2026, respectively.
How does the new PECO dividend compare to the prior rate?
The new annualized dividend rate is $1.38 per share, compared with the previous annualized rate of $1.30 per share, representing a 6.2% increase.
Do PECO operating partnership unit holders receive the same distribution?
Yes. The filing states that operating partnership unit holders receive distributions at the same rate as common stockholders, subject to required tax withholding.
What dividend track record did PECO highlight in this announcement?
PECO noted that this raises its dividend for the sixth consecutive year and marks its third consecutive dividend increase over 5%.
AI-generated analysis. How Rhea-AI works. Not financial advice.
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 8-K
CURRENT REPORT
Pursuant to Section 13 OR 15(d) of The Securities Exchange Act of 1934
Date of Report (Date of earliest event reported): September 1, 2026
(Exact name of registrant as specified in its charter)
| (State or other jurisdiction of incorporation) | (Commission File Number) | (IRS Employer Identification No.) | ||||||||||||
| (Address of principal executive offices) | (Zip Code) | |||||||
| (Registrant’s telephone number, including area code) | ||
Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the Registrant under any of the following provisions:
Securities registered pursuant to Section 12(b) of the Act:
| Title of each class | Trading Symbol(s) | Name of each exchange on which registered | ||||||||||||
$0.01 par value per share | ||||||||||||||
Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).
Emerging growth company ☐
If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐
Item 7.01 Regulation FD Disclosure.
The Board of Directors of Phillips Edison & Company, Inc. (the “Company”) approved distributions for September, October, and November 2026 to its stockholders of record at the close of business on September 15, 2026; October 15, 2026; and November 16, 2026, respectively, equal to a monthly amount of $0.115 per share. The Company’s September, October, and November 2026 distributions are expected to be made on or around October 1, 2026; November 3, 2026; and December 1, 2026, respectively. Operating partnership unit holders receive distributions at the same rate as common stockholders, subject to the required tax withholding.
On September 1, 2026 , the Company issued a press release announcing an increase in the monthly distribution and the declaration of the September, October, and November 2026 distributions. A copy of the press release is attached hereto as Exhibit 99.1 and is incorporated herein by reference.
The information in this Current Report on Form 8-K, including Exhibit 99.1, is being furnished to the Securities and Exchange Commission (“SEC”), and shall not be deemed to be “filed” with the SEC for any purpose, including for the purposes of Section 18 of the Securities Exchange Act of 1934, as amended, or otherwise subject to the liabilities of that section and shall not be deemed to be incorporated by reference into any other filing with the SEC except as expressly set forth by specific reference in such filing.
Item 9.01 Financial Statements and Exhibits.
(d) Exhibits.
| Exhibit Number | Description of Exhibit | |||||||
| 99.1 | Press Release dated September 1, 2026 | |||||||
| 104 | Cover Page Interactive Data File (formatted as inline XBRL) | |||||||
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the Registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
| PHILLIPS EDISON & COMPANY, INC. | ||||||||
| Dated: September 1, 2026 | By: | /s/ Jennifer L. Robison | ||||||
| Jennifer L. Robison | ||||||||
| Chief Accounting Officer and Senior Vice President (Principal Accounting Officer) | ||||||||
Exhibit 99.1
Phillips Edison & Company Raises Monthly Dividend
CINCINNATI – Sept. 1, 2026 - 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 (the “Board”) approved a 6.2% increase to the monthly dividend distributions payable October 1, 2026; November 3, 2026; and December 1, 2026 to stockholders of record as of September 15, 2026; October 15, 2026; and November 16, 2026, respectively.
The Board approved the distribution at a rate of $0.115 per share of the Company’s common stock. When annualized, this is equal to a rate of $1.38 per share, representing an increase of 6.2% over the previous annualized rate of $1.30 per share.
Operating partnership unit holders receive distributions at the same rate as common stockholders, subject to the required tax withholding.
Jeff Edison, Chairman and Chief Executive Officer of PECO stated: “Our decision to increase the dividend reflects the continued strength of our cash flows and our commitment to delivering consistent shareholder value. This marks our sixth consecutive annual dividend increase and our third consecutive increase over 5%. This increase underscores our confidence in PECO’s operational execution and long-term growth strategy.”
Connect with PECO
For additional information, please visit https://www.phillipsedison.com/
Follow PECO on:
X at https://x.com/PhillipsEdison
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 June 30, 2026, PECO managed 330 shopping centers, including 302 wholly-owned centers comprising 33.9 million square feet across 31 states and 28 shopping centers owned in three institutional joint ventures. PECO is focused on creating great 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 may contain certain forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. 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,” “commit,” 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 press release. 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 the risk factors and other risks and uncertainties described in the Company’s 2025 Annual Report on Form 10-K, filed with the SEC on February 10, 2026, 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. 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