10 Safest Monthly Dividend Stocks to Buy

5. Phillips Edison & Company, Inc. (NASDAQ:PECO)

Number of Hedge Fund Holders: 25

Phillips Edison & Company, Inc. (NASDAQ:PECO) is an American real estate investment trust company that owns and develops shopping centers across the US. In its Q2 2025 results, CEO Jeffrey S. Edison reported another strong quarter, noting a 4.2% rise in same-center NOI and an 8.5% increase in core FFO per share. He announced higher full-year 2025 guidance for NOI and FFO, citing the strength of PECO’s grocery-anchored and necessity-based strategy.

Edison credited the company’s performance to its experienced team, solid retailer partnerships, and disciplined acquisition efforts. During the quarter, PECO acquired $133 million in assets, bringing year-to-date purchases to $287 million, and reaffirmed full-year acquisition guidance of $350 million to $450 million.

In addition to the strong quarter, Phillips Edison & Company, Inc. (NASDAQ:PECO) also declared a 5.7% hike in its monthly dividend to $0.1083 per share. The company has paid regular dividends to shareholders since initiating its dividend policy in 2021, which makes it one of the safest stocks to buy. As of September 23, the stock has a dividend yield of 3.74%.