EastGroup Properties Inc. (EGP)
EastGroup 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 |
|---|---|---|---|
| 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 |
| October 15, 2024 | $1.40 | 2024-09-30 | 2024-09-30 |
Dividends Summary
- EastGroup Properties Inc. has issued 88 dividend payments over the past 22 years
- The most recent dividend was paid 7 days ago, on October 15, 2025
- The highest dividend payed out to investors during this period was $1.55 per share
- The average dividend paid during this period was $0.71 per share.
Company News
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.
EastGroup Properties (EGP) announced a 10.2% increase in its quarterly dividend, raising it to $1.40 per share. The company has a track record of consistent and incremental dividend payments, which is attractive to income investors. The dividend hike reflects EGP's operational strength and ability to generate solid cash flow growth.
Stock market gains are allowing people close to retirement to live off dividends or low-risk investments. Read what makes EGP and SUI are good investment options.
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