SmarterDividends
PECO

Phillips Edison (PECO) Dividend

Phillips Edison & Company, Inc. · Real Estate · REIT - Retail · monthly payer

$41.02

Fairly valued · -3% Add to Portfolio

As of Nov 5, 2026, Phillips Edison (PECO) pays a monthly dividend of $0.1150 per share, or $1.38 a year, a 3.35% yield at its $41.02 share price. It pays every month. It has raised its dividend 4 years in a row and has a dividend safety grade of B.

Forward Yield

3.35%

Annual Dividend

$1.38

Payout Ratio

83%

5-Yr Growth

—

Ex-Date

Sep 15, 2026

Frequency

Monthly

Key facts about PECO's dividend

Data as of · Source: SmarterDividends data

  • As of Nov 5, 2026, Phillips Edison & Company, Inc. (PECO) has a forward dividend yield of 3.35%, based on an annual dividend of $1.38 per share and a share price of $41.02.
  • As of Nov 5, 2026, PECO's dividend safety grade from SmarterDividends is B (70 out of 100), which rates the dividend as safe.
  • By SmarterDividends' count, Phillips Edison & Company, Inc. (PECO) has raised its dividend for 4 consecutive years as of Nov 5, 2026.
  • PECO has never cut its regular dividend in the payment history SmarterDividends has on record.
  • PECO's most recent ex-dividend date was Oct 15, 2026, for a dividend of $0.12 per share.
  • As of Nov 5, 2026, PECO pays out 83% of its trailing 12-month earnings as dividends (its payout ratio).
  • As of Nov 5, 2026, SmarterDividends' blended fair-value estimate for PECO is $39.60 per share, 3% below the $41.02 share price, so PECO screens as fairly valued.
  • Phillips Edison & Company, Inc. (PECO) pays its dividend monthly, 12 times a year.
  • Phillips Edison & Company, Inc. (PECO) has raised its regular dividend 6 times and cut it 0 times across the 63 payments on record since 2021. Its most recent change was a 6.5% increase to $0.115 per share, going ex-dividend on Sep 15, 2026.
  • Phillips Edison (PECO) has declared its first higher dividend of the year in September in 5 of the last 5 years; its most recent raise, 6.5%, was declared on Sep 1, 2026.
Cite this page

SmarterDividends, "PECO Dividend: Yield, Safety Grade & Next Ex-Date," updated Nov 5, 2026, https://smarterdividends.com/stocks/PECO

Is PECO a good dividend stock?

Yes, with caveats

Phillips Edison & Company, Inc. (PECO) pays a monthly dividend yielding 3.35% ($1.38/yr), with 4 years of growth and a dividend-safety grade of B. It's a solid income payer, but check the caveats below before buying.

Advantages

  • Never cut its dividend on record

Risks

  • Single-stock concentration risk — diversify

Key Data

Dividend Yield
3.35%
Payout Ratio
83%
Annual Dividend
$1.38
5-Yr Avg Growth
—
Ex-Dividend Date
Sep 15, 2026
Years of Growth
4
Frequency
monthly
Beta
0.55
Market Cap
$5.8B
P/E Ratio
28.7
5-Yr Total Return
24%
52-Week Range
$33.10 – $44.38
Dividend Safety
B · 70/100
Ever Cut?
No

PECO dividend raises and cuts

Phillips Edison & Company, Inc. (PECO) has raised its regular dividend 6 times and cut it 0 times across the 63 payments on record since 2021. Its most recent change was a 6.5% increase to $0.115 per share, going ex-dividend on Sep 15, 2026.

Ex-dateChangeOld → newMove
Sep 15, 2026Raise$0.108 → $0.115+6.5%
Sep 15, 2025Raise$0.103 → $0.108+4.9%
Sep 16, 2024Raise$0.0980 → $0.103+5.1%
Sep 14, 2023Raise$0.0930 → $0.0980+5.4%
Sep 15, 2022Raise$0.0900 → $0.0930+3.3%
Oct 14, 2021Raise$0.0850 → $0.0900+5.9%
Every PECO payment →Download every raise and cut (CSV)
PECO ex-dividend date & scheduleNext ex-date Sep 15, 2026 · full ex-dividend historyView →PECO dividend historyEvery payment, totals by year, raises and cutsView →PECO dividend calculator100 shares pay $138.00 a year, $11.50 each monthCalculate →PECO total return calculatorWhat $10,000 became, with dividends reinvested or taken as cashSee →

Frequently Asked Questions

Is PECO a good dividend stock?

Yes, with caveats. Phillips Edison & Company, Inc. (PECO) pays a monthly dividend yielding 3.35% ($1.38/yr), with 4 years of growth and a dividend-safety grade of B. It's a solid income payer, but check the caveats below before buying.

Is PECO undervalued?

Based on a blend of discounted cash flow, a dividend-discount model and an earnings-multiple estimate, PECO's fair value is about $39.60 versus a $41.02 share price — so it looks fairly valued (-3% vs. fair value).

Is PECO's dividend safe?

PECO has a dividend-safety grade of B (70/100), based on its payout coverage, free-cash-flow, 4-year growth streak, a clean no-cut history, debt and yield-versus-history.

What is PECO's fair value?

Our blended fair-value estimate for PECO is about $39.60 per share, about 3% below the current $41.02 price — combining a discounted cash flow, a dividend-discount model and an earnings multiple.

Is PECO a buy, hold, or sell?

We don't issue formal ratings, but on the data PECO screens as "yes, with caveats" and fairly valued. Phillips Edison & Company, Inc. (PECO) pays a monthly dividend yielding 3.35% ($1.38/yr), with 4 years of growth and a dividend-safety grade of B. It's a solid income payer, but check the caveats below before buying. This is research for your own analysis, not investment advice.

Will PECO cut its dividend?

PECO earns a dividend-safety grade of B (70/100), with no dividend cut on record. A higher score means lower cut risk based on payout coverage, cash flow and history — but no score guarantees a dividend.

Does PECO pay a dividend?

Yes. Phillips Edison & Company, Inc. pays a monthly dividend of about $1.38 per share annually, a forward yield of roughly 3.35%.

How much dividend does 100 shares of PECO pay?

At $1.38 per share a year, 100 shares of PECO pay $138.00 a year in dividends before tax, about $11.50 each month. Buying them costs about $4,102 at the Nov 5, 2026 price.

What is PECO's dividend yield?

As of Nov 5, 2026, PECO's forward dividend yield is 3.35%, based on a $1.38 annual dividend and a $41.02 share price.

What is PECO's dividend per share?

As of Nov 5, 2026, PECO pays $1.38 per share per year, distributed on a monthly basis.

What is PECO's dividend payout ratio?

As of Nov 5, 2026, PECO's payout ratio is 83% of trailing 12-month earnings — a moderate level that's generally sustainable.

How many years has PECO grown its dividend?

As of Nov 5, 2026, PECO has increased its dividend for 4 consecutive years.

When is the next PECO ex-dividend date?

As of Nov 5, 2026, PECO's next ex-dividend date hasn't been announced. The most recent was Oct 15, 2026, for $0.12 per share.

PECO Dividend News

PECO
IncreasePECO·Sep 16, 2026

Phillips Edison Raises Monthly Dividend 6.48%

Phillips Edison increased its monthly dividend to $0.115 per share, extending its dividend-growth streak to four consecutive years.

Income Calculator

At $1.38 / yr per share

Per payment (monthly)$11.50
Annual$138.00
Monthly avg$11.50
Full PECO dividend calculator →

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