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 |
|---|---|---|---|
| July 15, 2026 | $1.55 | 2026-06-30 | 2026-06-30 |
| April 15, 2026 | $1.55 | 2026-03-31 | 2026-03-31 |
| 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 |
Dividends Summary
- Consistent Payer: EastGroup Properties Inc. has rewarded shareholders with 91 dividend payments over the past 23 years.
- Total Returned Value: Investors who held EGP shares during this period received a total of $66.78 per share in dividend income.
- Latest Payout: The most recent dividend of $1.55/share was paid 3 days ago, on July 15, 2026.
- Yield & Schedule: EGP currently pays dividends quarterly with an annual yield of 2.79%.
- 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 91 consecutive payments.
Company News
The article compares two warehouse REITs: EastGroup Properties and Stag Industrial. EastGroup has stronger dividend growth (158% over a decade), lower debt-to-market-cap ratio (14.7%), and higher FFO growth, but trades at a premium valuation (P/FFO of 20.6). Stag Industrial offers a higher current dividend yield (4.1%), larger portfolio (120M sq ...
EastGroup Properties declared a quarterly cash dividend of $1.55 per share payable on April 15, 2026, marking the 185th consecutive quarterly distribution. The company has maintained or increased its dividend for 33 consecutive years, with 30 increases during that period including increases in each of the last 14 years.
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.
