EastGroup Properties Increases Its Quarterly Dividend From $1.40 To $1.55

Author: Benzinga Newsdesk | August 22, 2025 02:09pm

JACKSON, Miss., Aug. 22, 2025 /PRNewswire/ -- EastGroup Properties, Inc. (NYSE:EGP) (the "Company" or "EastGroup") announced today that its Board of Directors approved a 10.7% increase in its quarterly dividend, raising it to $1.55 per share from $1.40 per share.  The dividend is payable on October 15, 2025, to shareholders of record of Common Stock on September 30, 2025.  This dividend is the 183rd consecutive quarterly cash 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. 

Posted In: EGP