Eastgroup Properties's last quarterly dividend payment of $1.27 per share was made to shareholders on record before Mar 27, 2024. At an annualized rate of $5.06 per share, the stock yields 3.25%.
EGP has a dividend yield of 3.25% which is lower than the Real Estate sector, the industry and its peers average. In comparison with the Real Estate sector average of 6.43%, Eastgroup Properties's dividend yield is 49% lower. Historically EGP's dividend yield has averaged at 2.5% in the last 5 years, which is lower than the current one.
Eastgroup Properties has been paying dividends for the last 30 years. According to our records EGP has issued four quarterly dividends in the last twelve months. The annualized DPS marks an increase of 4.3% since one year ago. And with the stock price down by 5% from a year ago, the dividend yield marks an increase of 10%.
Ex-date | Payment date | Declared on | Amount | Type |
---|---|---|---|---|
Mar 27, 2024 | Apr 15, 2024 | Mar 8, 2024 | $1.27 | normal |
Dec 28, 2023 | Jan 12, 2024 | Dec 8, 2023 | $1.27 | normal |
Sep 28, 2023 | Oct 13, 2023 | Aug 25, 2023 | $1.27 | normal |
Jun 29, 2023 | Jul 14, 2023 | May 25, 2023 | $1.25 | normal |
Mar 30, 2023 | Apr 14, 2023 | Mar 3, 2023 | $1.25 | normal |
Dec 29, 2022 | Jan 13, 2023 | Dec 1, 2022 | $1.25 | normal |
Sep 29, 2022 | Oct 14, 2022 | Aug 26, 2022 | $1.25 | normal |
Jun 29, 2022 | Jul 15, 2022 | May 26, 2022 | $1.1 | normal |
Mar 30, 2022 | Apr 14, 2022 | Mar 4, 2022 | $1.1 | normal |
Dec 30, 2021 | Jan 15, 2022 | Dec 1, 2021 | $1.1 | normal |
Sep 29, 2021 | Oct 15, 2021 | Aug 26, 2021 | $0.9 | normal |
Jun 29, 2021 | Jul 15, 2021 | May 27, 2021 | $0.79 | normal |
Mar 30, 2021 | Apr 15, 2021 | Mar 5, 2021 | $0.79 | normal |
Dec 30, 2020 | Jan 15, 2021 | Dec 3, 2020 | $0.79 | normal |
Sep 29, 2020 | Oct 15, 2020 | Aug 27, 2020 | $0.79 | normal |
Jun 29, 2020 | Jul 15, 2020 | May 21, 2020 | $0.75 | normal |
Mar 30, 2020 | Apr 15, 2020 | Mar 5, 2020 | $0.75 | normal |
Dec 27, 2019 | Jan 15, 2020 | Dec 6, 2019 | $0.75 | normal |
Sep 27, 2019 | Oct 15, 2019 | Aug 29, 2019 | $0.75 | normal |
Jun 27, 2019 | Jul 15, 2019 | May 23, 2019 | $0.72 | normal |
Mar 28, 2019 | Apr 15, 2019 | Mar 8, 2019 | $0.72 | normal |
Dec 28, 2018 | Jan 15, 2019 | Dec 7, 2018 | $0.72 | normal |
Sep 27, 2018 | Oct 15, 2018 | Sep 7, 2018 | $0.72 | normal |
Jun 19, 2018 | Jun 29, 2018 | May 24, 2018 | $0.64 | normal |
Mar 20, 2018 | Mar 30, 2018 | Mar 2, 2018 | $0.64 | normal |
Dec 14, 2017 | Dec 29, 2017 | Dec 1, 2017 | $0.64 | normal |
Sep 14, 2017 | Sep 29, 2017 | Aug 31, 2017 | $0.64 | normal |
Jun 14, 2017 | Jun 30, 2017 | May 11, 2017 | $0.62 | normal |
Mar 20, 2017 | Mar 31, 2017 | Mar 3, 2017 | $0.62 | normal |
Dec 14, 2016 | Dec 30, 2016 | Dec 2, 2016 | $0.62 | normal |
Sep 15, 2016 | Sep 30, 2016 | Sep 1, 2016 | $0.62 | normal |
Jun 15, 2016 | Jun 30, 2016 | May 26, 2016 | $0.6 | normal |
Mar 21, 2016 | Mar 31, 2016 | Mar 3, 2016 | $0.6 | normal |
EGP has a payout ratio of 109.3% which is lower than the Real Estate sector and the industry average. In comparison with the Real Estate sector average of 137.5%, Eastgroup Properties's payout ratio is 21% lower.
Name | Dividend yield | DPS | Payout ratio |
---|---|---|---|
MPW Medical Properties Trust Inc | 16.12% | $0.74 | N/A |
FRT Federal Realty Investment Trust | 4.24% | $4.35 | 155.4% |
EGP Eastgroup Properties Inc | 3.25% | $5.06 | 109.3% |
Yes, Eastgroup Properties has paid four dividends in the last 12 months. EGP has been paying dividends since 1994.
Currently EGP's next dividend date is unknown, however based on the recent dividend frequency we project that it will likely be in June 2024.
Eastgroup Properties's last dividend ex-date was on Mar 27, 2024. The dividend amount was $1.27 per share.
EGP has paid dividend of $5.06 per share in the last year.
The current dividend yield of Eastgroup Properties is 3.25%.
Eastgroup Properties pays dividends quarterly.
The dividend payout ratio of Eastgroup Properties is 109.3%.
Eastgroup Properties's dividend yield is lower than the Real Estate sector average.