secwatch.observer — SEC 8-K summary
======================================

Issuer:     Phillips Edison & Company, Inc. (PECO)
CIK:        0001476204
Form:       8-K
Filed at:   2024-09-03T23:59:59+00:00
Accession:  0001476204-24-000105
Event type: dividend
Sentiment:  positive
Materiality: 0.55
Item codes: 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Phillips Edison & Company raises monthly dividend 5.1% to $0.1025 per share
---------------------------------------------------------------------------

- New monthly distribution of $0.1025 annualizes to $1.23, a 5.1% increase from prior $1.17 annual rate.
- September and October distributions payable October 1 and November 1, 2024.
- Record dates: September 16 and October 15, 2024.
- CEO Jeff Edison attributes increase to strong operating performance and cash flow growth.
- Operating partnership unit holders receive same per-unit rate, subject to tax withholding.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1476204/000147620424000105/0001476204-24-000105-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1476204/000147620424000105/cik0001476204-20240903.htm
  HTML page:      https://secwatch.observer/filing/0001476204-24-000105

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer