{"id":393227,"date":"2020-12-03T16:46:33","date_gmt":"2020-12-03T21:46:33","guid":{"rendered":"http:\/\/www.marketnewsdesk.com\/?p=393227"},"modified":"2020-12-03T16:46:33","modified_gmt":"2020-12-03T21:46:33","slug":"eastgroup-properties-announces-164th-consecutive-quarterly-cash-dividend","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/eastgroup-properties-announces-164th-consecutive-quarterly-cash-dividend\/","title":{"rendered":"EastGroup Properties Announces 164th Consecutive Quarterly Cash Dividend"},"content":{"rendered":"
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PR Newswire<\/p>\n<\/p><\/div>\n

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\n JACKSON, Miss.<\/span>, Dec. 3, 2020<\/span> \/PRNewswire\/ — EastGroup Properties<\/b>\u00a0(NYSE:EGP) announced today that its Board of Directors declared a quarterly cash dividend of $.79<\/span> per share payable on January 15, 2021<\/span> to shareholders of record of Common Stock on December 31<\/span>, 2020.\u00a0 This dividend is the 164th<\/sup> consecutive quarterly distribution to EastGroup’s shareholders and represents an annualized dividend rate of $3.16<\/span> per share.\u00a0 EastGroup has increased or maintained its dividend for 28 consecutive years.\u00a0 The Company has increased it 25 years over that period, including increases in each of the last nine years.<\/p>\n

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\n \"EastGroup
\n <\/a>\n <\/p>\n<\/p><\/div>\n

EastGroup Properties, Inc. (NYSE: EGP), an S&P MidCap 400 Company, 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<\/span> with an emphasis in the states of Florida<\/span>, Texas<\/span>, Arizona<\/span>, California<\/span> and North Carolina<\/span>. 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 70,000 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 46 million square feet. <\/p>\n

EastGroup Properties, Inc. press releases are available at www.eastgroup.net<\/a>. <\/p>\n

<\/div>\n

\n \"Cision\" View original content to download multimedia:http:\/\/www.prnewswire.com\/news-releases\/eastgroup-properties-announces-164th-consecutive-quarterly-cash-dividend-301186195.html<\/a><\/p>\n

SOURCE EastGroup Properties<\/p>\n<\/p><\/div>\n

\"\"<\/p>\n","protected":false},"excerpt":{"rendered":"

PR Newswire JACKSON, Miss., Dec. 3, 2020 \/PRNewswire\/ — EastGroup Properties\u00a0(NYSE:EGP) announced today that its Board of Directors declared a quarterly cash dividend of $.79 per share payable on January 15, 2021 to shareholders of record of Common Stock on December 31, 2020.\u00a0 This dividend is the 164th consecutive quarterly distribution to EastGroup’s shareholders and represents an annualized dividend rate of $3.16 per share.\u00a0 EastGroup has increased or maintained its dividend for 28 consecutive years.\u00a0 The Company has increased it 25 years over that period, including increases in each of the last nine years. EastGroup Properties, Inc. (NYSE: EGP), an S&P MidCap 400 Company, is a self-administered equity real estate investment trust focused on the development, acquisition and operation of … <\/p>\n

Continue reading “EastGroup Properties Announces 164th Consecutive Quarterly Cash Dividend”<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-393227","post","type-post","status-publish","format-standard","hentry"],"yoast_head":"\nEastGroup Properties Announces 164th Consecutive Quarterly Cash Dividend - Market Newsdesk<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.marketnewsdesk.com\/index.php\/eastgroup-properties-announces-164th-consecutive-quarterly-cash-dividend\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"EastGroup Properties Announces 164th Consecutive Quarterly Cash Dividend - Market Newsdesk\" \/>\n<meta property=\"og:description\" content=\"PR Newswire JACKSON, Miss., Dec. 3, 2020 \/PRNewswire\/ — EastGroup Properties\u00a0(NYSE:EGP) announced today that its Board of Directors declared a quarterly cash dividend of $.79 per share payable on January 15, 2021 to shareholders of record of Common Stock on December 31, 2020.\u00a0 This dividend is the 164th consecutive quarterly distribution to EastGroup’s shareholders and represents an annualized dividend rate of $3.16 per share.\u00a0 EastGroup has increased or maintained its dividend for 28 consecutive years.\u00a0 The Company has increased it 25 years over that period, including increases in each of the last nine years. 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