EGP Eastgroup Properties dividend history, payout ratio & dates
Eastgroup Properties's last dividend payment of $1.4 per share was made to shareholders on record before Sep 30, 2024. At an annualized rate of $5.21 per share, the stock yields 2.99%. The latest EGP stock dividend of $1.4 is an increase from the previous $1.27 distribution, representing a growth of 10%.
Key dates
- EGP last dividend date: Sep 30, 2024
EGP dividend stats
vs. Real Estate sector
Dividend yield
EGP has a dividend yield of 2.99% which is lower than the Real Estate sector, the industry and its peers average. In comparison with the Real Estate sector average of 6%, Eastgroup Properties's dividend yield is 50% lower. Historically EGP's dividend yield has averaged at 2.6% in the last 5 years, which is lower than the current one.
Dividend history
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 3.8% since one year ago. However with the stock price up by 10% from a year ago, the dividend yield marks a decrease of 6%.
Recent dividends
| Ex-date | Amount | Yield (TTM) |
|---|---|---|
| Sep 30, 2024 | $1.4 | 2.79% |
| Jun 28, 2024 | $1.27 | 2.99% |
| Mar 27, 2024 | $1.27 | 2.84% |
| Dec 28, 2023 | $1.27 | 2.72% |
| Sep 28, 2023 | $1.27 | 3.03% |
| Jun 29, 2023 | $1.25 | 2.9% |
| Mar 30, 2023 | $1.25 | 2.98% |
| Dec 29, 2022 | $1.25 | 3.15% |
| Sep 29, 2022 | $1.25 | 3.23% |
| Jun 29, 2022 | $1.1 | 2.69% |
| Mar 30, 2022 | $1.1 | 1.89% |
| Dec 30, 2021 | $1.1 | 1.58% |
| Sep 29, 2021 | $0.9 | 1.94% |
| Jun 29, 2021 | $0.79 | 1.91% |
| Mar 30, 2021 | $0.79 | 2.16% |
| Dec 30, 2020 | $0.79 | 2.24% |
| Sep 29, 2020 | $0.79 | 2.34% |
| Jun 29, 2020 | $0.75 | 2.57% |
| Mar 30, 2020 | $0.75 | 2.84% |
| Dec 27, 2019 | $0.75 | 2.24% |
| Sep 27, 2019 | $0.75 | 2.33% |
| Jun 27, 2019 | $0.72 | 2.53% |
| Mar 28, 2019 | $0.72 | 2.49% |
| Dec 28, 2018 | $0.72 | 2.99% |
| Sep 27, 2018 | $0.72 | 2.83% |
| Jun 19, 2018 | $0.64 | 2.73% |
| Mar 20, 2018 | $0.64 | 3.06% |
| Dec 14, 2017 | $0.64 | 2.8% |
| Sep 14, 2017 | $0.64 | 2.75% |
| Jun 14, 2017 | $0.62 | 2.89% |
| Mar 20, 2017 | $0.62 | 3.39% |
| Dec 14, 2016 | $0.62 | 3.44% |
| Sep 15, 2016 | $0.62 | 3.49% |
| Jun 15, 2016 | $0.6 | 3.58% |
| Mar 21, 2016 | $0.6 | 4.14% |
| Dec 16, 2015 | $0.6 | 4.13% |
| Sep 16, 2015 | $0.6 | 4.3% |
| Jun 17, 2015 | $0.57 | 3.98% |
| Mar 18, 2015 | $0.57 | 3.82% |
Eastgroup Properties dividend payout ratio
Payout ratio
EGP has a payout ratio of 107% which is lower than the Real Estate sector and the industry average. In comparison with the Real Estate sector average of 137.4%, Eastgroup Properties's payout ratio is 22% lower.
Total amount of dividends paid per financial year (from cash flow)
EGP dividend vs peer dividends
| Name | Dividend yield | DPS | Payout ratio |
|---|---|---|---|
| MPW Medical Properties Trust Inc | 11.23% | $0.53 | N/A |
| HST Host Hotels & Resorts Inc | 4.5% | $0.8 | 74.8% |
| FRT Federal Realty Investment Trust | 3.82% | $4.37 | 128.2% |
| EGP Eastgroup Properties Inc | 2.98% | $5.21 | 107% |
| WY Weyerhaeuser Co | 2.93% | $0.93 | 125.7% |
Frequently asked questions
Does Eastgroup Properties pay a dividend?
Yes, Eastgroup Properties has paid four dividends in the last 12 months. EGP has been paying dividends since 1994.
When was EGP's last dividend?
Eastgroup Properties's last dividend ex-date was on Sep 30, 2024. The dividend amount was $1.4 per share.
How much dividend does Eastgroup Properties pay (per share)?
EGP has paid dividend of $5.21 per share in the last year.
What is Eastgroup Properties's dividend yield?
The current dividend yield of Eastgroup Properties is 2.99%.
How often does Eastgroup Properties pay dividends?
Eastgroup Properties pays dividends quarterly.
What is Eastgroup Properties's dividend payout ratio?
The dividend payout ratio of Eastgroup Properties is 107%.
Does Eastgroup Properties pay a good dividend?
Eastgroup Properties's dividend yield is lower than the Real Estate sector average.
Special dividends are included in TTM DPS and yield. Data from 
and Sharadar.