Why Phillips Edison & Company, Inc. (PECO) is a Great Dividend Stock Right Now

Phillips Edison & Company (PECO) is highlighted as an attractive dividend stock with a 3.69% yield and annualized dividend of $1.38, up 10.1% year-over-year. The company has increased dividends 5 times over the last 5 years with an average annual increase of 4.79%. With solid earnings growth projected at 6.54% for 2026 and a conservative 48% payout ratio, PECO offers income investors a compelling opportunity, though it carries a Zacks Rank of #3 (Hold).