Phillips Edison & Company, Inc. (PECO) Dividend History
Income profile from 2021 to 2026 with payout safety and yield-on-cost trend
3-Second Income Check
Safety
2.1% payout ratio with sustainable safety profile.
Consistency
4 straight years of dividend increases.
Income Trend
Yield on cost is 21.8% and trend is unknown.
Dividend Scorecard
Yield & Income
Payout Safety
Growth
Total Returns
Uses precomputed total return metrics from screening data (not lot-by-lot dividend reinvestment transactions). Different time windows can produce different outcomes depending on market regime and entry point.
Income Growth Story
Dividend per share and yield on cost over time (6 years of payments)
Dividend Safety Story
EPS is the container — dividend is what's drawn out
Dividend Analysis
Payout Safety
Phillips Edison & Company, Inc. distributes 2.1% of earnings as dividends (Sustainable). When measured against free cash flow—a stricter test—the payout ratio stands at 66.7%, rated "Adequate".
Piotroski F-Score: 7/9 — strong financial health.
Growth Track Record
PECO has raised its dividend for 4 consecutive years, with a 3-year CAGR of 4.7% and 5-year CAGR of -2.8%.
Total Shareholder Returns
Beyond cash dividends, PECO returns capital through share repurchases. The combined picture: 2.5% dividend yield, 2.5% total shareholder yield.
Income Trend & Total Return
Yield on cost (5-year basis) has reached 21.8% and is currently unknown. The 5-year total return is 675.8%, with dividends contributing 92.7% of that performance.
DRIP Growth
A $10,000 investment made 10 years ago with dividends reinvested would have grown to approximately $77,580 today.
Recent Dividend Payments
Last 20 payments · Quarterly
| Ex-Date | Amount | Change | Yield % | Payment Date |
|---|---|---|---|---|
| May 15, 2026Latest | $0.1083 | — | 3.26% | Jun 2, 2026 |
| Apr 15, 2026 | $0.1083 | — | 3.25% | May 1, 2026 |
| Mar 16, 2026 | $0.1083 | — | 3.23% | Apr 1, 2026 |
| Feb 17, 2026 | $0.1083 | — | 3.30% | Mar 3, 2026 |
| Jan 15, 2026 | $0.1083 | — | 3.57% | Feb 3, 2026 |
| Dec 15, 2025 | $0.1083 | — | 3.52% | Jan 6, 2026 |
| Nov 17, 2025 | $0.1083 | — | 3.64% | Dec 2, 2025 |
| Oct 15, 2025 | $0.1083 | — | 3.68% | Nov 4, 2025 |
Dividend Peer Comparison
Peer group: Open-Air Shopping Centers
| Company | Mkt Cap | Yield | Payout | Streak | Safety |
|---|---|---|---|---|---|
PECOPhillips Edison & Co… | $4.9B | 2.5% | 2.1% | 4 | Sustainable |
3rd KIMKimco Realty Corpora… | $16.0B | 4.3% | 1.7% | 0 | Sustainable |
REGRegency Centers Corp… | $14.4B | 3.4% | 1.2% | 4 | Sustainable |
CURBCurbline Properties … | $2.9B | 2.6% | — | 1 | Unknown |
2nd BFSSaul Centers, Inc. | $835M | 6.9% | 1.1% | 0 | Sustainable |
1st SITCSITE Centers Corp. | $323M | 100.0% | — | 4 | Unknown |
CDR-PBCedar Realty Trust, … | $260M | 4.0% | 2.3% | 0 | Sustainable |
CDR-PCCedar Realty Trust, … | $248M | 4.2% | 2.3% | 0 | Sustainable |
Annual Dividend History
15 years of dividend data
| Year | DPS | YoY | Pmts | EPS | Payout | Coverage | YOC |
|---|---|---|---|---|---|---|---|
| 2026YTD | $0.54 | — | 5 | — | — | — | 9.4% |
| 2025 | $1.25 | 5.3% | 12 | — | — | — | 21.8% |
| 2024 | $1.19 | 4.7% | 12 | $0.51 | 233.3% | 0.43x | 20.7% |
| 2023 | $1.14 | 4.0% | 12 | $0.48 | 236.7% | 0.42x | 19.8% |
| 2022 | $1.09 | 148.3% | 12 | $0.42 | 260.1% | 0.38x | 19.0% |
| 2021 | $0.44 | — | 5 | $0.13 | 338.5% | 0.30x | 7.7% |
| 2020 | $0.00 | — | 0 | $0.05 | — | — | — |
| 2019 | $0.00 | — | 0 | $-0.67 | — | — | — |
| 2018 | $0.00 | — | 0 | $0.59 | — | — | — |
| 2017 | $0.00 | — | 0 | $-0.64 | — | — | — |
See PECO's True Return
Price is only half the story. See total return with reinvested dividends.
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Start ComparisonFrequently Asked Questions
How much dividend does PECO pay per share?
Phillips Edison & Company, Inc. (PECO) pays a trailing 12-month dividend of $0.98 per share, with a current dividend yield of +2.5%. Payments are made Quarterly.
When is PECO's next ex-dividend date?
PECO's most recent ex-dividend date is N/A. You must own shares before the ex-dividend date to receive the next payment. PECO typically pays dividends Quarterly.
Is PECO's dividend safe?
PECO's dividend safety is rated "Sustainable" based on an earnings payout ratio of +2.1% and FCF payout ratio of +66.7%. The 4-year growth streak provides moderate confidence.
Is PECO a Dividend Payer?
Yes, Phillips Edison & Company, Inc. is classified as a Dividend Payer with 4 consecutive years of dividend increases. The 5-year dividend CAGR is -2.8%, demonstrating modest dividend growth.
How often does PECO pay dividends?
Phillips Edison & Company, Inc. pays dividends Quarterly. The trailing 12-month total is $0.98 per share. Dividend data on this page covers 5+ years from 2021 to 2026.
How much would $10,000 invested in PECO grow with dividend reinvestment?
With dividends reinvested (DRIP), $10,000 invested in PECO five years ago would be worth approximately $77,580 today. This includes both price appreciation and compounded dividend reinvestment. Use the DRIP calculator above for other time periods.
What is PECO's yield on cost for long-term holders?
PECO's yield on cost — the current dividend divided by the original purchase price — is +21.8% for a 5-year holding period. This means long-term holders earn a higher effective yield than today's +2.5% market yield, thanks to the lower original cost basis.