Eastgroup Properties (EGP) Raises Quarterly Dividend 1.6% to $1.27; 2.9% Yield

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Go back to Eastgroup Properties (EGP) Raises Quarterly Dividend 1.6% to $1.27; 2.9% Yield

EastGroup Properties Announces Dividend Increase

August 25, 2023 4:06 PM EDT

JACKSON, Miss., Aug. 25, 2023 /PRNewswire/ -- EastGroup Properties (NYSE: EGP) (the "Company", "EastGroup") announced today that its Board of Directors approved an increase in its quarterly dividend, raising it to $1.27 per share from $1.25 per share.  Projected total dividends per share for 2023 are expected to represent an increase of 7.2% over total dividends declared in 2022. 

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