Phillips Edison Dividend
What is Phillips Edison current dividend yield, its reliability and sustainability?
Dividend Score
3/6Dividend Score 3/6
Notable Dividend
High Dividend
Stable Dividend
Growing Dividend
Earnings Coverage
Cash Flow Coverage
3.35%
Current Dividend Yield
Dividend Yield vs Market
| Phillips Edison Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (PECO) | 3.3% |
| Market Bottom 25% (US) | 1.5% |
| Market Top 25% (US) | 4.3% |
| Industry Average (REITs) | 3.7% |
| Analyst forecast in 3 Years (PECO) | 3.4% |
Notable Dividend: PECO's dividend (3.35%) is higher than the bottom 25% of dividend payers in the US market (1.51%).
High Dividend: PECO's dividend (3.35%) is low compared to the top 25% of dividend payers in the US market (4.29%).
Stability and Growth of Payments
| Month | Dividend Per Share (annual) | Avg. Yield (%) |
|---|---|---|
| 12/31/2024 | 1.17 | 3 |
| 12/31/2023 | 1.14 | 6 |
| 1/29/2023 | 1.12 | 3.35 |
| 11/5/2022 | 1.12 | 3.49 |
| 9/7/2022 | 1.12 | 3.76 |
| 8/6/2022 | 1.08 | 3.22 |
| 6/7/2022 | 1.08 | 3.22 |
| 5/5/2022 | 1.08 | 3.22 |
| 11/9/2021 | 1.08 | 3.27 |
| 9/28/2021 | 1.08 | 3.44 |
| 9/3/2021 | 1.02 | 3.44 |
| 8/7/2021 | 1.02 | 3.39 |
| 6/21/2021 | 1.02 | 4.24 |
| 5/6/2021 | 1.02 | 5.04 |
| 1/14/2021 | 1.02 | 5.72 |
Stable Dividend: Whilst dividend payments have been stable, PECO has been paying a dividend for less than 10 years.
Growing Dividend: PECO's dividend payments have increased, but the company has only paid a dividend for 2 years.
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (48.2%), PECO's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonable cash payout ratio (67.8%), PECO's dividend payments are covered by cash flows.