Phillips Edison & Company, Inc. announced a 6.2% increase in its monthly dividend distribution to $0.115 per share of common stock. The Board approved this rate for distributions payable on October 1, November 3, and December 1, 2026, to shareholders of record as of September 15, October 15, and November 16, 2026, respectively. This marks the company's sixth consecutive annual dividend increase. Phillips Edison & Company is one of the nation’s largest owners and operators of high-quality, grocery-anchored neighborhood shopping centers.

On August 10, 2026, Phillips Edison & Company, Inc. entered into a sales agreement with multiple investment banks to establish an at-the-market equity offering program allowing the sale of up to $400.0 million in common stock shares from time to time. The company may sell shares through agents or forward sellers, paying commissions not exceeding 2.0% of gross proceeds. Net proceeds will be contributed to the Operating Partnership to temporarily repay revolving credit facility borrowings, fund property acquisitions for external growth, and potentially retire outstanding debt securities. Phillips Edison & Company, Inc. operates in the real estate industry, specifically owning and managing grocery-anchored shopping centers.

Phillips Edison & Company, Inc. declared a monthly distribution of $0.1083 per share for August 2026. The payment is payable on September 1, 2026 to stockholders of record as of August 17, 2026. Operating partnership unit holders receive distributions at the same rate. Phillips Edison & Company, Inc. is one of the nation's largest owners and operators of high-quality, grocery-anchored neighborhood shopping centers.

Phillips Edison & Company reported second quarter 2026 results with net income attributable to stockholders of $41.1 million, or $0.33 per diluted share. The company reported Nareit FFO of $0.67 per diluted share and Core FFO of $0.69 per diluted share, representing year-over-year growth of 8.1% and 7.8%, respectively. Same-center NOI increased 3.8% to $120.6 million. The company raised its full-year 2026 guidance, increasing the midpoint for Nareit FFO and Core FFO per diluted share, and raising gross acquisitions guidance to a range of $500 million to $600 million. During the quarter, it acquired $152.4 million in assets and sold $64.6 million. It also generated $85.3 million in net proceeds by issuing 2.0 million common shares via its ATM program. The company operates as a REIT that owns and operates grocery-anchored neighborhood shopping centers.