JACKSON, Miss., May 21, 2026 /PRNewswire/ -- EastGroup Properties, Inc. (NYSE: EGP) (the "Company" or "EastGroup") announced today that its Board of Directors declared a quarterly cash dividend of $1.55 per share payable on July 15, 2026, to shareholders of record of Common Stock on June 30, 2026. This dividend is the 186th consecutive quarterly distribution to EastGroup's shareholders and represents an annualized dividend rate of $6.20 per share. EastGroup has increased or maintained its dividend for 33 consecutive years. The Company has increased it 30 years over that period, including increases in each of the last 14 years.
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 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. The Company's portfolio, including development projects and value-add acquisitions in lease-up and under construction, currently includes approximately 65.5 million square feet.
EastGroup Properties, Inc. press releases are available at www.eastgroup.net.
Contact: investor@eastgroup.net
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SOURCE EastGroup Properties
FAQ
What dividend did EastGroup Properties (NYSE:EGP) declare on May 21, 2026?
EastGroup Properties declared a quarterly cash dividend of $1.55 per share. According to EastGroup, this payment represents an annualized dividend rate of $6.20 per share and marks the company’s 186th consecutive quarterly distribution to common shareholders.
When are the record date and payment date for EastGroup Properties’ July 2026 dividend?
The dividend will be paid on July 15, 2026, to shareholders of record on June 30, 2026. According to EastGroup, investors must own EGP shares by the record date to receive the $1.55 per share quarterly cash dividend.
How many consecutive quarterly dividends has EastGroup Properties (EGP) paid through 2026?
EastGroup Properties has paid 186 consecutive quarterly dividends to its shareholders. According to EastGroup, this long-running streak underscores a consistent dividend program that has been increased or maintained every year for 33 consecutive years since inception of the track record.
How long has EastGroup Properties (EGP) increased or maintained its dividend?
EastGroup has increased or maintained its dividend for 33 consecutive years. According to EastGroup, the dividend was raised in 30 of those years, including increases in each of the last 14 years, supporting a long-term pattern of dividend growth for shareholders.
What is the size and focus of EastGroup Properties’ industrial real estate portfolio?
EastGroup’s portfolio totals approximately 65.5 million square feet of industrial properties. According to EastGroup, the company focuses on developing, acquiring and operating distribution space in high-growth U.S. markets, with emphasis on Texas, Florida, California, Arizona and North Carolina submarkets.
What indices include EastGroup Properties (NYSE:EGP) as of 2026?
EastGroup is a member of the S&P Mid-Cap 400 and the Russell 2000 Indexes. According to EastGroup, this index inclusion reflects its positioning as a self-administered equity REIT focused on industrial properties across key high-growth logistics markets in the United States.
