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EastGroup Properties Announces Dividend Increase

Provided By PR Newswire

Last update: Aug 23, 2024

JACKSON, Miss., Aug. 23, 2024 /PRNewswire/ -- EastGroup Properties (NYSE: EGP) (the "Company", "EastGroup") announced today that its Board of Directors approved a 10.2% increase in its quarterly dividend, raising it to $1.40 per share from $1.27 per share.  The dividend is payable on October 15, 2024, to shareholders of record of Common Stock on September 30, 2024.  This dividend is the 179th consecutive quarterly cash distribution to EastGroup's shareholders and represents an annualized dividend rate of $5.60 per share.  EastGroup has increased or maintained its dividend for 32 consecutive years.  The Company has increased it 29 years over that period, including increases in each of the last 13 years.

Read more at prnewswire.com

EASTGROUP PROPERTIES INC

NYSE:EGP (2/27/2025, 7:34:20 PM)

After market: 179.99 0 (0%)

179.99

+1.12 (+0.63%)



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