Back to EGP overview

EGP Eastgroup Properties Inc Dividend

Eastgroup Properties's last quarterly dividend payment of $0.9 per share was made to shareholders on record before Sep 29, 2021. At an annualized rate of $3.27 per share, the stock yields 1.61%. The latest EGP stock dividend of $0.9 is an increase from the previous $0.79 distribution, representing a growth of 14%.

EGP next dividend date: Not announced

EGP
DPS
$3.27
Dividend yield
1.61%
Payout ratio
105.8%
Real Estate sector
Dividend yield
3.57%
Payout ratio
85.3%

Dividend yield

EGP has a dividend yield of 1.61% which is lower than the Real Estate sector, the industry and its peers average.

Dividend history

Eastgroup Properties has been paying dividends for the last 27 years. According to our records EGP has issued four quarterly dividends in the last twelve months. The annualized DPS marks an increase of 8% since one year ago. However with the stock price up by 49% from a year ago, the dividend yield marks a decrease of 28%.

Recent dividends

Declared on Ex-date Payment date Amount Type
Aug 26, 2021 Sep 29, 2021 Oct 15, 2021 $0.9 normal
May 27, 2021 Jun 29, 2021 Jul 15, 2021 $0.79 normal
Mar 5, 2021 Mar 30, 2021 Apr 15, 2021 $0.79 normal
Dec 3, 2020 Dec 30, 2020 Jan 15, 2021 $0.79 normal
Aug 27, 2020 Sep 29, 2020 Oct 15, 2020 $0.79 normal
May 21, 2020 Jun 29, 2020 Jul 15, 2020 $0.75 normal
Mar 5, 2020 Mar 30, 2020 Apr 15, 2020 $0.75 normal
Dec 6, 2019 Dec 27, 2019 Jan 15, 2020 $0.75 normal
Aug 29, 2019 Sep 27, 2019 Oct 15, 2019 $0.75 normal
May 23, 2019 Jun 27, 2019 Jul 15, 2019 $0.72 normal
Mar 8, 2019 Mar 28, 2019 Apr 15, 2019 $0.72 normal
Dec 7, 2018 Dec 28, 2018 Jan 15, 2019 $0.72 normal
Sep 7, 2018 Sep 27, 2018 Oct 15, 2018 $0.72 normal
May 24, 2018 Jun 19, 2018 Jun 29, 2018 $0.64 normal
Mar 2, 2018 Mar 20, 2018 Mar 30, 2018 $0.64 normal
Dec 1, 2017 Dec 14, 2017 Dec 29, 2017 $0.64 normal
Aug 31, 2017 Sep 14, 2017 Sep 29, 2017 $0.64 normal
May 11, 2017 Jun 14, 2017 Jun 30, 2017 $0.62 normal
Mar 3, 2017 Mar 20, 2017 Mar 31, 2017 $0.62 normal
Dec 2, 2016 Dec 14, 2016 Dec 30, 2016 $0.62 normal
Sep 1, 2016 Sep 15, 2016 Sep 30, 2016 $0.62 normal
May 26, 2016 Jun 15, 2016 Jun 30, 2016 $0.6 normal
Mar 3, 2016 Mar 21, 2016 Mar 31, 2016 $0.6 normal

Dividend payouts

Payout ratio

EGP has a payout ratio of 105.8% which is higher than the Real Estate sector and the industry average.

Total amount of dividends paid per financial year (from cash flow)