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Phillips Edison & Company (NASDAQ:PECO) is one of the nation's largest owners and operators of high-quality, grocery-anchored neighborhood shopping centers. PECO's centers feature a mix of national and regional retailers providing necessity-based goods and services in fundamentally strong markets throughout the U.S.
It will report its Q1 2025 earnings on April 24. Wall Street analysts expect the company to post EPS of $0.10, down from $0.14 in the year-ago period. According to data from Benzinga Pro, quarterly revenue is expected to be $171.57 million, up from $161.30 million a year earlier.
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The 52-week range of Phillips Edison stock price was $30.64 to $40.12.
Phillips Edison's dividend yield is 3.50%. It paid $1.23 per share in dividends during the last 12 months.
On Feb. 6, the company announced its Q4 2024 earnings, posting GAAP EPS of $0.62, in line with expectations, and revenues of $152.87 million, below the consensus estimate of $168.06 million, as reported by Benzinga.
"Looking ahead, the PECO team is focused on delivering accelerated Core FFO per share growth in 2025. We are excited for the growth opportunities ahead, which will be driven by strong internal growth and our expanded acquisition plan," said CEO Jeff Edison.
Check out this article by Benzinga for four analysts' insights on Phillips Edison.
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If you want to make $100 per month — $1,200 annually — from Phillips Edison dividends, your investment value needs to be approximately $34,286, which is around 976 shares at $35.13 each.
Understanding the dividend yield calculations: When making an estimate, you need two key variables — the desired annual income ($1,200) and the dividend yield 3.50% in this case). So, $1,200 / 0.0350 = $34,286 to generate an income of $100 per month.
You can calculate the dividend yield by dividing the annual dividend payments by the current price of the stock.
The dividend yield can change over time. This is the outcome of fluctuating stock prices and dividend payments on a rolling basis.
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For instance, assume a stock that pays $2 as an annual dividend is priced at $50. Its dividend yield would be $2/$50 = 4%. If the stock price rises to $60, the dividend yield drops to 3.33% ($2/$60). A drop in stock price to $40 will have an inverse effect and increase the dividend yield to 5% ($2/$40).
In summary, income-focused investors may find Phillips Edison stock an attractive option for making a steady income of $100 per month by owning 976 shares of stock.
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This article Here's How You Can Earn $100 In Passive Income By Investing In Phillips Edison Stock originally appeared on Benzinga.com
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