Phillips Edison & Company (PECO) has released an update.
Phillips Edison & Company has announced that its stockholders on record as of March and April 2024 will receive monthly distributions of $0.0975 per share, with payments expected around the beginning of the following month. This financial benefit extends to operating partnership unit holders as well, aligning with common stockholders, albeit with applicable tax deductions. This news was released to the public via a press release on February 21, 2024.
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