EastGroup Properties Announces 186th Consecutive Quarterly Cash Dividend
EastGroup Properties (NYSE:EGP) declared a quarterly cash dividend of $1.55 per share, payable July 15, 2026, to shareholders of record on June 30, 2026.
Sentiment and the balance of points
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Rhea-AI Summary
EastGroup Properties (NYSE:EGP) declared a quarterly cash dividend of $1.55 per share, payable July 15, 2026, to shareholders of record on June 30, 2026.
This is the 186th consecutive quarterly dividend, implying an annualized rate of $6.20 per share and continuing a 33-year streak of increased or maintained dividends.
Positive
- Quarterly dividend set at $1.55 per share, annualized $6.20
- 186th consecutive quarterly dividend payment to shareholders
- Dividend increased or maintained for 33 consecutive years
- Dividend raised in 30 of those years, including last 14
- Portfolio totals about 65.5 million square feet of industrial space
Negative
- None.
Details
News Market Reaction – EGP
On May 22, the first trading day after this news, EGP closed 0.01% below the previous close.
Data tracked by StockTitan Argus for the May 22 session.
AI-generated analysis. How Rhea-AI works. Not financial advice.
About EastGroup Properties, Inc.
EastGroup, a member of the S&P Mid-Cap 400 and Russell 2000 Indexes, is a self-administered equity real estate investment trust focused on the development, acquisition and operation of industrial properties in high-growth markets throughout
EastGroup Properties, Inc. press releases are available at www.eastgroup.net.
Contact: investor@eastgroup.net
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SOURCE EastGroup Properties
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