Eastgroup Properties (NYSE:EGP) announces a quarterly dividend of $0.72

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Eastgroup Properties (NYSE:EGP) to go ex-dividend.
On 3/8/2019 Eastgroup Properties ( NYSE:EGP ) announced that it will be issuing a quarterly dividend in the amount of $0.72 down from $0.72 making the yield 2.71%.


Eastgroup Properties (NYSE:EGP) Ex- dividend date

Eastgroup Properties (NYSE:EGP) is set to go ex-dividend on and will be payable on 4/15/2019


Dividend History for Eastgroup Properties (NYSE:EGP)
The next payable dividend for Eastgroup Properties is scheduled for 4/15/2019. There is an annual dividend of $$2.88 with a yield of 2.70% The company’s dividend has decresed by -5.10% on a 3 Year Average

Recent Dividend History for Eastgroup Properties (NYSE:EGP)

  • On 12/9/2012 Eastgroup Properties announced a quarterly dividend of $0.53.
  • On 3/8/2013 Eastgroup Properties announced a quarterly dividend of $0.53.
  • On 5/29/2013 Eastgroup Properties announced a quarterly dividend of $0.53.
  • On 8/29/2013 Eastgroup Properties announced a quarterly dividend of $0.54.
  • On 12/6/2013 Eastgroup Properties announced a quarterly dividend of $0.54.
  • On 3/7/2014 Eastgroup Properties announced a quarterly dividend of $0.54.



About Company
EastGroup Properties, Inc. is a self-administered equity real estate investment trust focused on the development, acquisition and operation of industrial properties in major Sunbelt markets throughout the United States with an emphasis in the states of Florida, Texas, Arizona, California and North Carolina. The Company's goal is to maximize shareholder value by being a leading provider in its markets of functional, flexible and quality business distribution space for location sensitive customers (primarily in the 15,000 to 50,000 square foot range). The Company's strategy for growth is based on ownership of premier distribution facilities generally clustered near major transportation features in supply-constrained submarkets. EastGroup's portfolio, including development projects and value-add acquisitions in lease-up and under construction, currently includes approximately 41.7 million square feet.

Recent Insider Trading for Eastgroup Properties (NYSE:EGP)

  • On 11/28/2018 Brent Wood, Insider, sold 6,000 with an average share price of $99.95 per share and the total transaction amounting to $599,700.00.
  • On 11/28/2018 John F. Coleman, EVP, sold 10,000 with an average share price of $99.57 per share and the total transaction amounting to $995,700.00.
  • On 10/31/2018 H C Bailey Jr, Director, sold 264 with an average share price of $97.01 per share and the total transaction amounting to $25,610.64.
  • On 8/17/2018 Brent Wood, EVP, sold 4,700 with an average share price of $97.40 per share and the total transaction amounting to $457,780.00.
  • On 8/3/2018 John F. Coleman, EVP, sold 5,000 with an average share price of $96.27 per share and the total transaction amounting to $481,350.00.
  • On 7/3/2018 H C Bailey Jr, Director, sold 265 with an average share price of $96.44 per share and the total transaction amounting to $25,556.60.



Recent Analyst Rating for Eastgroup Properties (NYSE:EGP)

  • On 2/19/2019 SunTrust Banks, Boost Price Target, fromHold to Hold with a price target of $92.00 to $98.00
  • On 12/17/2018 Morgan Stanley, Boost Price Target, fromEqual Weight to Equal Weight with a price target of $90.00 to $97.00
  • On 12/9/2018 Jefferies Financial Group, Initiated Coverage, to Hold with a price target of $99.00 to $100.23
  • On 10/30/2018 Citigroup, Boost Price Target, fromNeutral to Neutral with a price target of $90.00 to $94.00
  • On 7/30/2018 Wells Fargo & Co, Boost Price Target, fromMarket Perform to Market Perform with a price target of $96.00 to $98.00
  • On 7/30/2018 Mizuho, Reiterated Rating, to Hold with a price target of $92.00



Recent Trading for Eastgroup Properties (NYSE:EGP)
Shares of Eastgroup Properties closed the previous trading session at 106.67 up +0.70 0.66% with 105.79 shares trading hands.