This High-Yield REIT Just Raised Its Dividend by More Than 6%.
Phillips Edison & Company, a grocery-anchored REIT, raised its dividend by 6%+ and reported strong Q2 performance, including record leases and high occupancy. The company acquired $266.9M in assets and increased its full-year acquisition target. Analysts expect Q3 earnings of $0.70/share, with a consensus 'Moderate Buy' rating and 17% upside potential.





