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EastGroup Properties, Inc. (NYSE: EGP), an S&P MidCap 400 company, is a self-administered equity real estate investment trust focused on the development, acquisition and operation of industrial properties in major Sunbelt markets throughout the United States with an emphasis in the states of Florida, Texas, Arizona, California 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 15,000 to 70,000 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 45.8 million square feet.

EastGroup Properties Dividend Announcement

EastGroup Properties announced a quarterly dividend of $1.40 per ordinary share which will be made payable on 2024-10-15. Ex dividend date: 2024-09-30
EastGroup Properties annual dividend for 2024 was $3.94
EastGroup Properties annual dividend for 2023 was $5.04
EastGroup Properties's trailing twelve-month (TTM) dividend yield is 3.01%
EastGroup Properties's payout ratio for the trailing twelve months (TTM) is 104.36%
EastGroup Properties's dividend growth over the last five years (2018-2023) was 13.13% year
EastGroup Properties's dividend growth over the last ten years (2013-2023) was 8.94% year

EastGroup Properties Dividend History

Ex-Div dateDividend amountDividend typePay date
2024-09-30$1.40quarterly2024-10-15
2024-06-28$1.27quarterly2024-07-15
2024-03-27$1.27quarterly2024-04-15
2023-12-28$1.27quarterly2024-01-12
2023-09-28$1.27quarterly2023-10-13
2023-06-29$1.25quarterly2023-07-14
2023-03-30$1.25quarterly2023-04-14
2022-12-29$1.25quarterly2023-01-13
2022-09-29$1.25quarterly2022-10-14
2022-06-29$1.10quarterly2022-07-15
2022-03-30$1.10quarterly2022-04-14
2021-12-30$1.10quarterly2022-01-15
2021-09-29$0.90quarterly2021-10-15
2021-06-29$0.79quarterly2021-07-15
2021-03-30$0.79quarterly2021-04-15
2020-12-30$0.79quarterly2021-01-15
2020-09-29$0.79quarterly2020-10-15
2020-06-29$0.75quarterly2020-07-15
2020-03-30$0.75quarterly2020-04-15
2019-12-27$0.75quarterly2020-01-15
2019-09-27$0.75quarterly2019-10-15
2019-06-27$0.72quarterly2019-07-15
2019-03-28$0.72quarterly2019-04-15
2018-12-28$0.72quarterly2019-01-15
2018-09-27$0.72quarterly2018-10-15
2018-06-19$0.64quarterly2018-06-29
2018-03-20$0.64quarterly2018-03-30
2017-12-14$0.64quarterly2017-12-29
2017-09-14$0.64quarterly2017-09-29
2017-06-14$0.62quarterly2017-06-30
2017-03-20$0.62quarterly2017-03-31
2016-12-14$0.62quarterly2016-12-30
2016-09-15$0.62quarterly2016-09-30
2016-06-15$0.60quarterly2016-06-30
2016-03-21$0.60quarterly2016-03-31
2015-12-16$0.60quarterly2015-12-31
2015-09-16$0.60quarterly2015-09-30
2015-06-17$0.57quarterly2015-06-30
2015-03-18$0.57quarterly2015-03-31
2014-12-17$0.57quarterly2014-12-31
2014-09-17$0.57quarterly2014-09-30
2014-06-18$0.54quarterly2014-06-30
2014-03-19$0.54quarterly2014-03-31
2013-12-18$0.54quarterly2013-12-31
2013-09-17$0.54quarterly2013-09-30
2013-06-12$0.53quarterly2013-06-28
2013-03-18$0.53quarterly2013-03-28

EastGroup Properties Dividend per year

EastGroup Properties Dividend growth

EastGroup Properties Dividend Yield

EastGroup Properties current trailing twelve-month (TTM) dividend yield is 3.01%. Interested in purchasing EastGroup Properties stock? Use our calculator to estimate your expected dividend yield:

EastGroup Properties Financial Ratios

P/E ratio36.43
PEG ratio-13.93
P/B ratio2.99
ROE8.56%
Payout ratio104.36%
Current ratio0.68
Quick ratio0.57
Cash Ratio0.08

EastGroup Properties Dividend FAQ

How much is the next EastGroup Properties dividend?
EastGroup Properties's board of directors will review the company's financial performance, cash flow, future investment needs, and other relevant factors to determine the next EastGroup Properties dividend. The next EastGroup Properties dividend will be released in March, June, September, or December.
When is EastGroup Properties dividend paid?
EastGroup Properties pays dividends on a quarterly basis. The specific dates may vary each year but are generally around March, June, September, and December. However, please note that the exact timing and amount can vary, and companies may also decide to change their dividend policy based on their financial health and other considerations.
What dividend does EastGroup Properties pay?
The specific amount of EastGroup Properties dividend can vary from quarter to quarter and year to year, based on a variety of factors including the company's financial performance, the global economic situation, and the decisions of its board of directors. In the above table you can find EastGroup Properties's dividend history.
Does EastGroup Properties stock pay dividends?
Yes, EastGroup Properties does pay dividends to its shareholders. However, the specific amount and frequency of these dividends can vary based on a variety of factors, including the company's financial performance, the global economic situation, and the decisions of its board of directors. In the above table you can find EastGroup Properties's dividend history.
How much dividend does EastGroup Properties pay?
EastGroup Properties paid $3.94 in 2024, $5.04 in 2023, $4.7 in 2022, $3.58 in 2021, and $3.08 in 2020.
How often does EastGroup Properties pay dividends?
EastGroup Properties typically pays dividends on a quarterly basis. This means that dividends are usually distributed 4 times a year. The specific payout dates may vary each year but generally fall around March, June, September, and December.
What is EastGroup Properties's dividend yield?
The current dividend yield for EastGroup Properties is 3.01%. The dividend yield is calculated by dividing the annual dividend payment by the price of the stock. Both of these numbers can fluctuate daily due to changes in the stock price and any updates to the dividend payment. Use the dividend calculator on this page to calculate EastGroup Properties's exact dividend yield.
When does EastGroup Properties go ex dividend?
EastGroup Properties's ex-dividend date for the latest dividend was on 2024-09-30. EastGroup Properties typically goes ex-dividend a few weeks before the payment date. The specific dates can vary each year and for each dividend payment.
When is the next EastGroup Properties dividend paid?
EastGroup Properties pays dividends on a quarterly basis, typically around March, June, September, or December, but the exact dates can vary each year.
Will EastGroup Properties increase its dividend?
Decisions about dividend payments are made by the company's board of directors and are based on a variety of factors. To understand whether EastGroup Properties will increase its dividend, it's beneficial to look at the company's earnings, financial health, future business prospects, and the overall economic environment.
How much is EastGroup Properties dividend per share?
EastGroup Properties paid $3.94 per share in 2024 and $5.04 per share in 2023. The amount of dividend per share that EastGroup Properties pays can vary each quarter based on a range of factors including the company's earnings, financial health, and decisions made by its board of directors.
Is EastGroup Properties a dividend aristocrat?
No, the term "Dividend Aristocrat" is typically used to describe a company in the S&P 500 index that has increased its dividend payouts for at least 25 consecutive years.
Is EastGroup Properties a dividend king?
No, a "Dividend King" is a company that has managed to increase its dividend payouts for 50 consecutive years or more, which is an even more selective group than the Dividend Aristocrats.
Is EastGroup Properties a dividend stock?
Yes, EastGroup Properties is considered a dividend stock. A dividend stock is a stock of a company that regularly pays out dividends to its shareholders.
Is EastGroup Properties a good dividend stock?
Whether EastGroup Properties is a good dividend stock depends on several factors and can vary depending on individual investment goals, risk tolerance, and the overall market conditions. EastGroup Properties has a history of paying regular dividends, which can make it attractive to income-focused investors.

Other factors to consider when evaluating EastGroup Properties as a dividend stock include its dividend yield, dividend growth, payout ratio, and the sustainability of its dividend payments given its earnings and cash flow. These factors can provide insight into the company's ability to maintain or increase its dividend in the future.
Does EastGroup Properties pay dividends monthly?
EastGroup Properties typically pays dividends on a quarterly basis.
Does EastGroup Properties pay dividends quarterly?
EastGroup Properties currently pays dividends on a quarterly basis.
Has EastGroup Properties ever paid a dividend?
Yes, EastGroup Properties has a history of paying dividends to its shareholders. EastGroup Properties is known for its dividend payments, which have made it an attractive investment for income-focused investors.
How to buy EastGroup Properties dividend stocks?
To buy EastGroup Properties you need a brokerage account. Open an account with a reputable brokerage firm that offers access to the stock market. Consider factors such as fees, account minimums, and the availability of dividend reinvestment programs (DRIPs) if you wish to reinvest your dividends automatically.

Place an order: Use the brokerage's trading platform to place an order to buy EastGroup Properties stock.

Remember that buying stocks involves risk, and it's important to carefully consider your investment goals, risk tolerance, and conduct thorough research before making any investment decisions.
When does EastGroup Properties pay dividends 2024?
EastGroup Properties pays dividends on a quarterly basis. 2024 dividend payments are in 2024-10-15. However, please note that the exact timing and amount can vary, and companies may also decide to change their dividend policy based on their financial health and other considerations.
Will EastGroup Properties increase its dividend in 2024?
Decisions regarding EastGroup Properties dividend increases are typically made by a company's board of directors based on various factors, including financial performance, cash flow, investment needs, and market conditions. For an up-to-date EastGroup Properties dividend overview you can look into the above table of dividend history.
How EastGroup Properties dividend works?
The EastGroup Properties dividend works by distributing a portion of the company's profits to its shareholders on a per-share basis. Here's a general overview of how EastGroup Properties's dividend process works:

1. Determination of Dividend: EastGroup Properties's board of directors reviews the company's financial performance, cash flow, future investment needs, and other relevant factors to determine the amount and timing of dividend payments.

2. Dividend Declaration: Once the board approves a dividend, EastGroup Properties publicly announces the dividend amount, currency, and the ex-dividend date. The ex-dividend date is the date on or after which the buyer of the stock will not be eligible to receive the upcoming dividend payment.

3. Record Date: The record date is the date on which the company checks its records to identify shareholders who are eligible to receive the dividend. Only shareholders on record as of this date will receive the dividend.

4. Payment Date: On the designated payment date, EastGroup Properties distributes the dividend to eligible shareholders. The dividend is usually paid in the form of cash directly into the shareholder's brokerage account or through other designated payment methods.

5. Tax Implications: Dividends received from EastGroup Properties are generally taxable as income. Shareholders may need to report dividend income on their tax returns and pay applicable taxes according to their jurisdiction's tax regulations.
How are EastGroup Properties dividends paid?
EastGroup Properties dividends are typically paid in cash directly to eligible shareholders. The payment process involves the following steps:

1. Record Date: EastGroup Properties sets a record date, which is the date on which the company checks its records to determine the eligible shareholders. Only those who are shareholders on record as of this date will receive the dividend.

2. Payment Date: On the designated payment date, EastGroup Properties distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.

3. Currency: EastGroup Properties declares the currency in which the dividend will be paid. Depending on the shareholder's location and the currency election made by the shareholder, the dividend will be converted to the appropriate currency during the payment process.
How many times does EastGroup Properties pay dividends?
EastGroup Properties typically pays dividends on a quarterly basis. The specific payment dates can vary each year and are usually announced when the company releases its financial results for each quarter.
What months does EastGroup Properties pay dividends?
The general pattern is that EastGroup Properties pays dividends around March, June, September, and December. However, the exact payment dates can vary each year and are typically announced when the company releases its financial results for each quarter.
Is EastGroup Properties dividend safe?
The safety of EastGroup Properties's dividend is subject to various factors and cannot be determined with certainty. It is influenced by the company's financial performance, cash flow, and the overall economic and industry conditions.

To assess the safety of EastGroup Properties's dividend, it is crucial to analyze the company's financial health, debt levels, cash flow generation, and ability to sustain dividend payments over the long term. Additionally, monitoring the company's future earnings, cash flow projections, and management's commitment to dividend policies can provide valuable insights.

It is recommended to review EastGroup Properties's financial reports, official announcements, and consult with financial advisors or experts who have access to the most current and comprehensive information about the company's financial situation.