EastGroup Properties Announces Dividend Increase
EastGroup Properties (NYSE: EGP) has announced a 10.2% increase in its quarterly dividend, raising it to $1.40 per share from $1.27. The dividend is payable on October 15, 2024, to shareholders of record as of September 30, 2024. This marks the 179th consecutive quarterly cash distribution and represents an annualized dividend rate of $5.60 per share. EastGroup has maintained or increased its dividend for 32 consecutive years, with increases in each of the last 13 years.
EastGroup is a self-administered equity real estate investment trust focusing on industrial properties in major Sunbelt markets. The company's portfolio includes approximately 60.2 million square feet of space, primarily catering to customers needing 20,000 to 100,000 square feet.
EastGroup Properties (NYSE: EGP) ha annunciato un aumento del 10,2% nel suo dividendo trimestrale, portandolo a $1,40 per azione rispetto a $1,27. Il dividendo sarà pagato il 15 ottobre 2024 agli azionisti registrati al 30 settembre 2024. Questo segna la 179ª distribuzione consecutiva di liquidità trimestrale e rappresenta un tasso di dividendo annualizzato di $5,60 per azione. EastGroup ha mantenuto o aumentato il suo dividendo per 32 anni consecutivi, con aumenti in ciascuno degli ultimi 13 anni.
EastGroup è un fondo di investimento immobiliare (REIT) autoamministrato focalizzato su proprietà industriali in importanti mercati del Sunbelt. Il portafoglio dell'azienda comprende circa 60,2 milioni di piedi quadrati di spazio, principalmente rivolto a clienti che necessitano di 20.000 a 100.000 piedi quadrati.
EastGroup Properties (NYSE: EGP) ha anunciado un aumento del 10,2% en su dividendo trimestral, elevándolo a $1.40 por acción desde $1.27. El dividendo se pagará el 15 de octubre de 2024 a los accionistas registrados al 30 de septiembre de 2024. Esto marca la 179ª distribución de efectivo trimestral consecutiva y representa un tasa de dividendo anualizada de $5.60 por acción. EastGroup ha mantenido o aumentado su dividendo durante 32 años consecutivos, con incrementos en cada uno de los últimos 13 años.
EastGroup es un fideicomiso de inversión en bienes raíces (REIT) auto-administrado que se centra en propiedades industriales en los principales mercados de Sunbelt. El portafolio de la empresa incluye aproximadamente 60.2 millones de pies cuadrados de espacio, dirigido principalmente a clientes que necesitan entre 20,000 y 100,000 pies cuadrados.
EastGroup Properties (NYSE: EGP)는 분기 배당금을 10.2% 인상하여 주당 $1.40로 신설했으며, 이는 $1.27에서 인상된 것입니다. 배당금은 2024년 10월 15일에 지급되며, 기준일은 2024년 9월 30일입니다. 이번은 179번째 연속 분기 현금 배당으로, 주당 연간 배당률은 $5.60에 해당합니다. EastGroup은 32년 연속으로 배당금을 유지하거나 인상하였으며, 지난 13년 동안 매년 인상되었습니다.
EastGroup은 주요 태양광 시장의 산업 속성을 중심으로 하는 자가 관리형 부동산 투자 신탁(REIT)입니다. 회사의 포트폴리오는 약 60.2백만 평방피트의 공간을 포함하며, 주로 20,000에서 100,000 평방피트를 필요로 하는 고객을 대상으로 하고 있습니다.
EastGroup Properties (NYSE: EGP) a annoncé une augmentation de 10,2% de son dividende trimestriel, le portant à 1,40 $ par action contre 1,27 $. Le dividende sera payable le 15 octobre 2024 aux actionnaires inscrits au 30 septembre 2024. Cela marque la 179e distribution trimestrielle de liquidités consécutive et représente un taux de dividende annualisé de 5,60 $ par action. EastGroup a maintenu ou augmenté son dividende pendant 32 années consécutives, avec des augmentations chaque année au cours des 13 dernières années.
EastGroup est un fonds d'investissement immobilier (REIT) auto-administré qui se concentre sur les propriétés industrielles dans les principaux marchés du Sunbelt. Le portefeuille de l'entreprise comprend environ 60,2 millions de pieds carrés d'espace, s'adressant principalement aux clients ayant besoin de 20 000 à 100 000 pieds carrés.
EastGroup Properties (NYSE: EGP) hat eine 10,2%ige Erhöhung seiner Quartalsdividende bekannt gegeben, die von $1,27 auf $1,40 pro Aktie angehoben wurde. Die Dividende wird am 15. Oktober 2024 an die Aktionäre gezahlt, die am 30. September 2024 im Register stehen. Dies markiert die 179. aufeinanderfolgende vierteljährliche Barausschüttung und entspricht einer annualisierten Dividendenrendite von $5,60 pro Aktie. EastGroup hat seine Dividende seit 32 aufeinanderfolgen Jahren gehalten oder erhöht, mit Anhebungen in jedem der letzten 13 Jahre.
EastGroup ist ein selbstverwalteter Immobilieninvestmentfonds (REIT), der sich auf Industrieimmobilien in wichtigen Sunbelt-Märkten konzentriert. Das Portfolio des Unternehmens umfasst etwa 60,2 Millionen Quadratfuß Fläche, die überwiegend Kunden dient, die 20.000 bis 100.000 Quadratfuß benötigen.
- 10.2% increase in quarterly dividend to $1.40 per share
- Annualized dividend rate of $5.60 per share
- 179th consecutive quarterly cash distribution
- 32 consecutive years of maintaining or increasing dividend
- Dividend increases for 13 consecutive years
- Portfolio of approximately 60.2 million square feet
- None.
EastGroup, a member of the S&P Mid-Cap 400 and Russell 1000 Indexes, is a self-administered equity real estate investment trust focused on the development, acquisition and operation of industrial properties in major Sunbelt markets throughout
EastGroup Properties, Inc. press releases are available at www.eastgroup.net.
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SOURCE EastGroup Properties
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