Phillips Edison (PECO) declares $0.1083 monthly dividends and reports vote results
Filing Impact
Filing Sentiment
Form Type
8-K
Rhea-AI Filing Summary
Phillips Edison & Company, Inc. reported results of its annual stockholder meeting and declared upcoming monthly dividends. Stockholders elected all ten director nominees to one-year terms, approved on an advisory basis the compensation of named executive officers, and ratified Deloitte & Touche LLP as independent auditor for 2026.
The Board declared monthly cash dividends of $0.1083 per share, payable on July 1, 2026 and August 4, 2026 to stockholders of record as of June 15, 2026 and July 15, 2026, respectively. Operating partnership unit holders will receive distributions at the same rate as common stockholders, subject to tax withholding.
Positive
- None.
Negative
- None.
8-K Event Classification
3 items: 5.07, 7.01, 9.01
3 items
Item 5.07
Submission of Matters to a Vote of Security Holders
Governance
Results of a shareholder vote on proposals at an annual or special meeting.
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, and exhibit attachments filed with this report.
Key Figures
Monthly dividend per share: $0.1083 per share
Dividend payment dates: July 1, 2026 and August 4, 2026
Dividend record dates: June 15, 2026 and July 15, 2026
+3 more
6 metrics
Monthly dividend per share
$0.1083 per share
Declared for June and July 2026
Dividend payment dates
July 1, 2026 and August 4, 2026
Cash dividends on common stock
Dividend record dates
June 15, 2026 and July 15, 2026
Stockholders of record eligible for dividends
Say-on-pay votes for
93,958,045 votes
Advisory approval of executive compensation
Say-on-pay votes against
3,381,613 votes
Advisory approval of executive compensation
Auditor ratification votes for
108,826,971 votes
Ratification of Deloitte & Touche LLP for 2026
Key Terms
broker non-votes, Say-on-Pay, Regulation FD, non-binding, advisory resolution, +1 more
5 terms
broker non-votes financial
"Nominee | For | Against | Abstain | Broker Non-Votes"
Broker non-votes occur when a brokerage firm is unable to vote on a shareholder’s behalf during a company election or decision because the shareholder has not given specific voting instructions, and the broker is not allowed or chooses not to vote on certain matters. They are important because they can affect the outcome of votes, especially when the results are close, by effectively reducing the total number of votes cast.
Say-on-Pay financial
"Proposal 2: Say-on-Pay"
A say-on-pay is a shareholder vote that gives investors a chance to approve or disapprove a company’s executive compensation packages, typically held at annual meetings. It matters because the vote signals investor satisfaction with how leaders are paid—like customers rating how well managers are rewarded—and can push boards to change pay plans, reducing governance risk and affecting investor confidence and stock value even though the vote is usually advisory rather than legally binding.
Regulation FD regulatory
"Item 7.01 Regulation FD Disclosure."
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.
non-binding, advisory resolution regulatory
"approved a non-binding, advisory resolution on the compensation"
independent registered public accounting firm financial
"independent registered public accounting firm for 2026"
An independent registered public accounting firm is an outside accounting company officially registered with the government regulator to examine and report on a public company's financial records and controls. Investors treat its reports like an impartial inspector’s certificate — they add credibility to financial statements, help spot errors or misleading claims, and reduce the risk that shareholders are relying on unchecked or biased numbers.
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): May 12, 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 5.07 Submission of Matters to a Vote of Security Holders.
On May 12, 2026 , Phillips Edison & Company, Inc. (the “Company”) held its annual meeting of stockholders (the “Annual Meeting”). At the Annual Meeting, the stockholders: (i) elected all ten directors to serve until the annual meeting in 2027 and until their successors are duly elected and qualified; (ii) approved, on an advisory basis, the compensation paid to the Company’s named executive officers; and (iii) ratified the selection of Deloitte & Touche LLP as the Company’s independent auditor for fiscal year 2026. The final voting results are below.
Proposal 1: Election of Directors
| Nominee | For | Against | Abstain | Broker Non-Votes | ||||||||||
| Jeffrey S. Edison | 95,271,788 | 2,270,958 | 138,074 | 12,109,479 | ||||||||||
| Leslie T. Chao | 95,212,702 | 2,323,676 | 144,442 | 12,109,479 | ||||||||||
| Elizabeth O. Fischer | 96,268,999 | 1,266,962 | 144,859 | 12,109,479 | ||||||||||
| Devin I. Murphy | 97,051,736 | 473,447 | 155,637 | 12,109,479 | ||||||||||
| Stephen R. Quazzo | 96,823,982 | 700,073 | 156,765 | 12,109,479 | ||||||||||
| Jane E. Silfen | 97,029,238 | 482,372 | 169,210 | 12,109,479 | ||||||||||
| John A. Strong | 95,951,700 | 1,569,091 | 160,029 | 12,109,479 | ||||||||||
| Anthony E. Terry | 97,441,704 | 77,003 | 162,113 | 12,109,479 | ||||||||||
| Parilee E. Wang | 97,018,252 | 501,193 | 161,375 | 12,109,479 | ||||||||||
| Gregory S. Wood | 97,323,263 | 199,986 | 157,571 | 12,109,479 | ||||||||||
Proposal 2: Say-on-Pay
| For | Against | Abstain | Broker Non-Votes | ||||||||
| 93,958,045 | 3,381,613 | 341,162 | 12,109,479 | ||||||||
Proposal 3: Ratification of Auditor
| For | Against | Abstain | Broker Non-Votes | ||||||||
| 108,826,971 | 705,255 | 258,073 | N/A | ||||||||
Item 7.01 Regulation FD Disclosure.
The Board approved distributions for June and July 2026 to its stockholders of record at the close of business on June 15, 2026 and July 15, 2026, respectively, equal to a monthly amount of $0.1083 per share. The Company’s June and July 2026 distributions are expected to be made on or around July 1, 2026 and August 4, 2026, respectively. Operating partnership unit holders receive distributions at the same rate as common stockholders, subject to the required tax withholding.
On May 12, 2026 , the Company issued a press release announcing the declaration of the June and July 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 May 12, 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: | By: | /s/ Jennifer L. Robison | ||||||
| Jennifer L. Robison | ||||||||
| Chief Accounting Officer and Senior Vice President (Principal Accounting Officer) | ||||||||
Exhibit 99.1
Phillips Edison & Company Declares Monthly Dividend Distributions; Announces Results of Annual Meeting of Stockholders
CINCINNATI – May 12, 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 declared monthly dividend distributions of $0.1083 per share of the Company’s common stock payable on July 1, 2026 and August 4, 2026 to stockholders of record as of June 15, 2026 and July 15, 2026, respectively.
Operating partnership unit holders receive distributions at the same rate as common stockholders, subject to the required tax withholding.
Earlier in the day, PECO held its annual meeting of stockholders in a virtual-only format. At the annual meeting, PECO’s stockholders elected all of PECO’s directors: Jeffrey S. Edison; Leslie T. Chao; Elizabeth O. Fischer; Devin I. Murphy; Stephen R. Quazzo; Jane E. Silfen; John A. Strong; Anthony E. Terry; Parilee E. Wang; and Gregory S. Wood, to its Board of Directors for one-year terms. Stockholders also approved a non-binding, advisory resolution on the compensation of PECO’s named executive officers and ratified the appointment of Deloitte & Touche LLP as PECO’s independent registered public accounting firm for 2026.
Connect with PECO
For additional information, please visit https://www.phillipsedison.com/
Follow PECO on:
X at https://x.com/PhillipsEdison
Facebook at https://www.facebook.com/phillipsedison.co
Instagram at https://www.instagram.com/phillips.edison/; and
Find PECO on 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 March 31, 2026, PECO managed 326 shopping centers, including 299 wholly-owned centers comprising 33.7 million square feet across 31 states and 27 shopping centers owned in three institutional joint ventures. PECO is focused on creating great omni-channel, 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
FAQ
What dividend did Phillips Edison (PECO) declare for June and July 2026?
Phillips Edison declared monthly cash dividends of $0.1083 per share for June and July 2026. They are payable July 1 and August 4, 2026 to stockholders of record on June 15 and July 15, 2026, respectively.
When are the record and payment dates for PECO’s mid-2026 dividends?
Record dates are June 15, 2026 and July 15, 2026, with payments on July 1 and August 4, 2026. Operating partnership unit holders receive distributions at the same rate as common stockholders, subject to required tax withholding.
What did Phillips Edison stockholders decide at the May 12, 2026 annual meeting?
Stockholders elected all ten directors to one-year terms, approved on an advisory basis executive compensation, and ratified Deloitte & Touche LLP as independent auditor for 2026, confirming the proposed slate of governance items presented by the Board.
How did Phillips Edison (PECO) stockholders vote on say-on-pay in 2026?
Stockholders approved the non-binding, advisory resolution on executive pay with 93,958,045 votes for, 3,381,613 against, and 341,162 abstentions, plus 12,109,479 broker non-votes. This supports the company’s current compensation program for named executive officers.
What were the audit ratification voting results for PECO’s 2026 auditor?
Stockholders ratified Deloitte & Touche LLP as 2026 auditor with 108,826,971 votes for, 705,255 against, and 258,073 abstentions. There were no broker non-votes reported, indicating broad support for retaining the existing audit firm.
Do Phillips Edison operating partnership unit holders receive the same distribution as common stockholders?
Yes. Operating partnership unit holders receive distributions at the same rate as common stockholders, based on the $0.1083 per-share monthly dividend, subject to required tax withholding, aligning cash distributions across the company’s equity holders.