EastGroup Properties Inc.
EGPEastGroup Properties Inc. (EGP) is a real estate investment trust (REIT) specializing in the development, acquisition, and operation of industrial properties primarily in the Sunbelt region of the United States. Founded in 1984 and headquartered in Orlando, Florida, the company focuses on modern warehouse, distribution, and e-commerce facilities that cater to a diverse tenant base across various industries.
Dividend History
| Pay Date | Amount | Ex-Date | Record Date |
|---|---|---|---|
| January 15, 2026 | $1.55 | 2025-12-31 | 2025-12-31 |
| October 15, 2025 | $1.55 | 2025-09-30 | 2025-09-30 |
| July 15, 2025 | $1.40 | 2025-06-30 | 2025-06-30 |
| April 15, 2025 | $1.40 | 2025-03-31 | 2025-03-31 |
| January 15, 2025 | $1.40 | 2024-12-31 | 2024-12-31 |
Dividends Summary
- Consistent Payer: EastGroup Properties Inc. has rewarded shareholders with 89 dividend payments over the past 23 years.
- Total Returned Value: Investors who held EGP shares during this period received a total of $63.68 per share in dividend income.
- Latest Payout: The most recent dividend of $1.55/share was paid 8 days ago, on January 15, 2026.
- Yield & Schedule: EGP currently pays dividends quarterly with an annual yield of 3.28%.
- Dividend Growth: Since 2003, the dividend payout has grown by 226.3%, from $0.47 to $1.55.
- Dividend Reliability: EGP has maintained or increased its dividend for 89 consecutive payments.
Company News
EastGroup Properties declared a quarterly cash dividend of $1.55 per share, marking its 184th consecutive quarterly distribution. The dividend represents an annualized rate of $6.20 per share and continues the company's 33-year streak of maintaining or increasing dividends.
EastGroup Properties reported strong Q2 2025 financial results, exceeding revenue and FFO expectations, with robust rental rate increases and continued portfolio expansion, despite slight occupancy declines and cautious market approach.
The article highlights three REITs - EastGroup Properties, Realty Income, and Mid-America Apartment Communities - that have paid dividends for over 100 consecutive quarters, demonstrating the durability of their dividends even during difficult times. These companies are well-positioned to continue paying stable and growing dividends in the future.
The author has bought more shares of Camden Property Trust and EastGroup Properties, two high-yield dividend stocks, in their retirement account. They expect to continue investing in these stocks in 2025 due to their consistent dividend growth and strong financial profiles.
The article discusses three affordable dividend stocks - EastGroup Properties, Mid-America Apartment Communities, and Extra Space Storage - that have strong track records of paying and increasing dividends. These REITs are well-positioned to continue growing their dividend payouts due to their portfolio expansions and investments.
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