EastGroup Properties Announces 185th Consecutive Quarterly Cash Dividend

Core Viewpoint - EastGroup Properties, Inc. has declared a quarterly cash dividend of $1.55 per share, marking the 185th consecutive quarterly distribution to shareholders, with an annualized dividend rate of $6.20 per share [1] Group 1: Dividend Information - The declared dividend of $1.55 per share is payable on April 15, 2026, to shareholders of record on March 31, 2026 [1] - EastGroup has maintained or increased its dividend for 33 consecutive years, with increases in 30 of those years, including each of the last 14 years [1] Group 2: Company Overview - EastGroup Properties is a self-administered equity real estate investment trust focused on industrial properties in high-growth markets across the United States, particularly in Texas, Florida, California, Arizona, and North Carolina [1] - The company's strategy aims to maximize shareholder value by providing functional, flexible, and quality business distribution space for location-sensitive customers, primarily in the 20,000 to 100,000 square foot range [1] - EastGroup's portfolio currently includes approximately 65.1 million square feet, encompassing development projects and value-add acquisitions [1]

East Properties-EastGroup Properties Announces 185th Consecutive Quarterly Cash Dividend - Reportify