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EastGroup Properties Announces 181st Consecutive Quarterly Cash Dividend

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EastGroup Properties (NYSE: EGP) has declared its 181st consecutive quarterly cash dividend of $1.40 per share, payable on April 15, 2025, to shareholders of record on March 31, 2025. The dividend represents an annualized rate of $5.60 per share.

The company has maintained or increased its dividend for 32 consecutive years, with increases in 29 of those years, including the last 13 years consecutively. EastGroup, a member of the S&P Mid-Cap 400 and Russell 2000 Indexes, is a self-administered REIT focusing on industrial properties in high-growth U.S. markets, particularly in Texas, Florida, California, Arizona, and North Carolina.

The company's portfolio currently includes approximately 63.1 million square feet of business distribution space, primarily serving customers requiring 20,000 to 100,000 square feet in supply-constrained submarkets.

EastGroup Properties (NYSE: EGP) ha dichiarato il suo 181° dividendo trimestrale in contante consecutivo di $1,40 per azione, che sarà pagato il 15 aprile 2025, agli azionisti registrati al 31 marzo 2025. Il dividendo rappresenta un tasso annualizzato di $5,60 per azione.

L'azienda ha mantenuto o aumentato il suo dividendo per 32 anni consecutivi, con aumenti in 29 di quegli anni, compresi gli ultimi 13 anni consecutivi. EastGroup, membro degli indici S&P Mid-Cap 400 e Russell 2000, è un REIT autogestito che si concentra su proprietà industriali in mercati statunitensi ad alta crescita, in particolare in Texas, Florida, California, Arizona e Carolina del Nord.

Il portafoglio dell'azienda include attualmente circa 63,1 milioni di piedi quadrati di spazio per la distribuzione commerciale, principalmente a servizio di clienti che richiedono da 20.000 a 100.000 piedi quadrati in sottomercati con vincoli di offerta.

EastGroup Properties (NYSE: EGP) ha declarado su 181º dividendo en efectivo trimestral consecutivo de $1.40 por acción, que se pagará el 15 de abril de 2025, a los accionistas registrados al 31 de marzo de 2025. El dividendo representa una tasa anualizada de $5.60 por acción.

La compañía ha mantenido o aumentado su dividendo durante 32 años consecutivos, con aumentos en 29 de esos años, incluyendo los últimos 13 años consecutivos. EastGroup, miembro de los índices S&P Mid-Cap 400 y Russell 2000, es un REIT autoadministrado que se enfoca en propiedades industriales en mercados de EE. UU. de alto crecimiento, particularmente en Texas, Florida, California, Arizona y Carolina del Norte.

El portafolio de la compañía incluye actualmente aproximadamente 63.1 millones de pies cuadrados de espacio de distribución comercial, principalmente atendiendo a clientes que requieren de 20,000 a 100,000 pies cuadrados en submercados con restricciones de oferta.

EastGroup Properties (NYSE: EGP)181번째 연속 분기 현금 배당금으로 주당 $1.40를 선언했으며, 2025년 4월 15일에 2025년 3월 31일 기준 주주에게 지급될 예정입니다. 이 배당금은 주당 연간 $5.60의 비율을 나타냅니다.

회사는 32년 연속으로 배당금을 유지하거나 증가시켰으며, 이 중 29년은 증가하였고, 최근 13년은 연속적으로 증가했습니다. EastGroup은 S&P Mid-Cap 400 및 Russell 2000 지수의 구성원으로, 고성장 미국 시장, 특히 텍사스, 플로리다, 캘리포니아, 애리조나 및 노스캐롤라이나의 산업 부동산에 집중하는 자율 관리 REIT입니다.

회사의 포트폴리오는 현재 약 6310만 평방피트의 상업 유통 공간을 포함하고 있으며, 주로 20,000에서 100,000 평방피트의 공간을 필요로 하는 고객을 대상으로 하고 있습니다.

EastGroup Properties (NYSE: EGP) a déclaré son 181ème dividende trimestriel en espèces consécutif de 1,40 $ par action, payable le 15 avril 2025, aux actionnaires enregistrés au 31 mars 2025. Le dividende représente un taux annualisé de 5,60 $ par action.

L'entreprise a maintenu ou augmenté son dividende pendant 32 années consécutives, avec des augmentations dans 29 de ces années, y compris les 13 dernières années consécutives. EastGroup, membre des indices S&P Mid-Cap 400 et Russell 2000, est un REIT autogéré axé sur les propriétés industrielles dans des marchés américains à forte croissance, en particulier au Texas, en Floride, en Californie, en Arizona et en Caroline du Nord.

Le portefeuille de l'entreprise comprend actuellement environ 63,1 millions de pieds carrés d'espace de distribution commerciale, servant principalement des clients nécessitant entre 20 000 et 100 000 pieds carrés dans des sous-marchés contraints en offre.

EastGroup Properties (NYSE: EGP) hat seine 181. aufeinanderfolgende vierteljährliche Bar-Dividende von 1,40 $ pro Aktie erklärt, die am 15. April 2025 an die Aktionäre ausgezahlt wird, die am 31. März 2025 im Aktienregister stehen. Die Dividende entspricht einer annualisierten Rate von 5,60 $ pro Aktie.

Das Unternehmen hat seine Dividende 32 Jahre in Folge gehalten oder erhöht, mit Erhöhungen in 29 dieser Jahre, einschließlich der letzten 13 Jahre in Folge. EastGroup, Mitglied der S&P Mid-Cap 400 und Russell 2000 Indizes, ist ein selbstverwalteter REIT, der sich auf Industrieimmobilien in wachstumsstarken US-Märkten konzentriert, insbesondere in Texas, Florida, Kalifornien, Arizona und North Carolina.

Das Portfolio des Unternehmens umfasst derzeit etwa 63,1 Millionen Quadratfuß an Geschäftsdistrubitionsflächen, die hauptsächlich Kunden bedienen, die 20.000 bis 100.000 Quadratfuß in angebotsbeschränkten Teilmärkten benötigen.

Positive
  • 181 consecutive quarterly dividends demonstrating strong dividend reliability
  • 32-year track record of maintaining/increasing dividends
  • 13 consecutive years of dividend increases
  • Large portfolio of 63.1M sq ft in high-growth markets
  • Strategic presence in supply-constrained submarkets
Negative
  • None.

JACKSON, Miss., March 7, 2025 /PRNewswire/ -- EastGroup Properties (NYSE: EGP) (the "Company" or "EastGroup") announced today that its Board of Directors declared a quarterly cash dividend of $1.40 per share payable on April 15, 2025, to shareholders of record of Common Stock on March 31, 2025.  This dividend is the 181st consecutive quarterly 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.

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 the United States with an emphasis in the states of Texas, Florida, California, Arizona and North Carolina. The Company's goal is to maximize shareholder value by being a leading provider in its markets of functional, flexible and quality business distribution space for location sensitive customers (primarily in the 20,000 to 100,000 square foot range). The Company's strategy for growth is based on ownership of premier distribution facilities generally clustered near major transportation features in supply-constrained submarkets. EastGroup's portfolio, including development projects and value-add acquisitions in lease-up and under construction, currently includes approximately 63.1 million square feet.    

EastGroup Properties, Inc. press releases are available at www.eastgroup.net.

Contact: investor@eastgroup.net

Cision View original content to download multimedia:https://www.prnewswire.com/news-releases/eastgroup-properties-announces-181st-consecutive-quarterly-cash-dividend-302395924.html

SOURCE EastGroup Properties

FAQ

What is the amount of EastGroup Properties' (EGP) latest quarterly dividend?

EastGroup Properties declared a quarterly dividend of $1.40 per share, representing an annualized rate of $5.60 per share.

When will EGP's latest quarterly dividend be paid?

The dividend will be paid on April 15, 2025, to shareholders of record as of March 31, 2025.

How many consecutive quarters has EGP paid dividends?

EastGroup Properties has paid dividends for 181 consecutive quarters.

What is EGP's dividend increase track record?

EGP has maintained or increased its dividend for 32 consecutive years, with increases in 29 of those years, including the last 13 years.

How large is EastGroup Properties' current portfolio?

EastGroup's portfolio currently includes approximately 63.1 million square feet of business distribution space.
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