Phillips Edison & Company, Inc. (NASDAQ:PECO) ("PECO" or "the Company"), one of the nation’s largest owners and operators of high-quality, grocery-anchored neighborhood shopping centers, today announced that its Board of Directors (the "Board") approved a 6.2% increase to the monthly dividend distributions payable October 1, 2026; November 3, 2026; and December 1, 2026 to stockholders of record as of September 15, 2026; October 15, 2026; and November 16, 2026, respectively.

The Board approved the distribution at a rate of $0.115 per share of the Company’s common stock. When annualized, this is equal to a rate of $1.38 per share, representing an increase of 6.2% over the previous annualized rate of $1.30 per share.