{"id":424291,"date":"2021-01-28T17:54:38","date_gmt":"2021-01-28T22:54:38","guid":{"rendered":"http:\/\/www.marketnewsdesk.com\/?p=424291"},"modified":"2021-01-28T17:54:38","modified_gmt":"2021-01-28T22:54:38","slug":"eastgroup-properties-announces-the-income-tax-treatment-of-its-2020-distributions","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/eastgroup-properties-announces-the-income-tax-treatment-of-its-2020-distributions\/","title":{"rendered":"EastGroup Properties Announces the Income Tax Treatment of its 2020 Distributions"},"content":{"rendered":"<div class=\"xn-newslines\">\n<p class=\"xn-distributor\">PR Newswire<\/p>\n<\/p><\/div>\n<div class=\"xn-content\">\n<p>JACKSON,\u00a0Miss., <span class=\"xn-chron\">Jan. 28, 2021<\/span> \/PRNewswire\/ &#8212;<b>\u00a0EastGroup Properties, Inc. (NYSE:EGP) <\/b>(the &#8220;Company&#8221;)<b>\u00a0<\/b>announced today the income tax treatment of its 2020 distributions as described below.\u00a0 Shareholders are encouraged to consult with their personal tax advisors as to their specific tax treatment of EastGroup Properties distributions.<\/p>\n<div class=\"PRN_ImbeddedAssetReference\" id=\"DivAssetPlaceHolder1\">\n<p>\n          <a href=\"https:\/\/mma.prnewswire.com\/media\/325470\/east_group_properties__inc__logo.html\" target=\"_blank\" rel=\"nofollow noopener noreferrer\"><br \/>\n            <img decoding=\"async\" src=\"https:\/\/mma.prnewswire.com\/media\/325470\/east_group_properties__inc__logo.jpg\" title=\"EastGroup Properties, Inc. logo. (PRNewsFoto\/EAST GROUP PROPERTIES, INC.) (PRNewsFoto\/) (PRNewsFoto\/)\" alt=\"EastGroup Properties, Inc. logo. (PRNewsFoto\/EAST GROUP PROPERTIES, INC.) (PRNewsFoto\/) (PRNewsFoto\/)\" \/><br \/>\n          <\/a>\n        <\/p>\n<\/p><\/div>\n<p>\n        <b><br \/>\n          <u>Common Stock:<\/u><br \/>\n        <\/b>\n      <\/p>\n<p>Ticker Symbol EGP, CUSIP #277 276 101<\/p>\n<div>\n<table cellspacing=\"0\" cellpadding=\"0\" border=\"0\" class=\"prnbcc\">\n<tr>\n<td class=\"prngen2\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">Record<\/span>\n              <\/p>\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">Dates<\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen2\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">Payment<\/span>\n              <\/p>\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">Dates<\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen2\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">Total<\/span>\n              <\/p>\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">Distributions<\/span>\n              <\/p>\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">Per Share (1)<\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen2\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">Ordinary<\/span>\n              <\/p>\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">Dividends<\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen2\">\n<p class=\"prnews_p\">\u00a0<\/p>\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">Capital Gain Distributions<\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen2\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">Unrecaptured Sec. 1250 Gain (2)<\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen2\">\n<p class=\"prnews_p\">\u00a0<\/p>\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">Nondividend<\/span>\n              <\/p>\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">Distributions (3)<\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen2\">\n<p class=\"prnews_p\">\u00a0<\/p>\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">Section 199A Dividends (4)<\/span>\n              <\/p>\n<\/td>\n<\/tr>\n<tr>\n<td class=\"prngen3\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">12\/30\/19<\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen3\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">01\/15\/20<\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen4\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">$.37695<\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen4\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">$.37695<\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen4\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">$.00000<\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen4\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">$.00000<\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen4\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">$.00000<\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen4\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">$.37695<\/span>\n              <\/p>\n<\/td>\n<\/tr>\n<tr>\n<td class=\"prngen3\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">03\/31\/20<\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen3\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">04\/15\/20<\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen4\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">.75000<\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen4\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">.75000<\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen4\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">.00000<\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen4\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">.00000<\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen4\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">.00000<\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen4\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">.75000<\/span>\n              <\/p>\n<\/td>\n<\/tr>\n<tr>\n<td class=\"prngen3\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">06\/30\/20<\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen3\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">07\/15\/20<\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen4\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">.75000<\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen4\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">.75000<\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen4\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">.00000<\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen4\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">.00000<\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen4\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">.00000<\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen4\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">.75000<\/span>\n              <\/p>\n<\/td>\n<\/tr>\n<tr>\n<td class=\"prngen3\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">09\/30\/20<\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen3\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">10\/15\/20<\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen4\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">.79000<\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen4\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">.79000<\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen4\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">.00000<\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen4\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">.00000<\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen4\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">.00000<\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen4\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">.79000<\/span>\n              <\/p>\n<\/td>\n<\/tr>\n<tr>\n<td class=\"prngen3\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">12\/31\/20<\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen3\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">01\/15\/21<\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen5\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">.66173<\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen5\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">.66173<\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen5\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">.00000<\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen5\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">.00000<\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen5\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">.00000<\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen5\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">.66173<\/span>\n              <\/p>\n<\/td>\n<\/tr>\n<tr>\n<td class=\"prngen4\">\n              \n            <\/td>\n<td class=\"prngen4\">\n              \n            <\/td>\n<td class=\"prngen4\">\n              \n            <\/td>\n<td class=\"prngen4\">\n              \n            <\/td>\n<td class=\"prngen4\">\n              \n            <\/td>\n<td class=\"prngen4\">\n              \n            <\/td>\n<td class=\"prngen4\">\n              \n            <\/td>\n<td class=\"prngen4\">\n              \n            <\/td>\n<\/tr>\n<tr>\n<td class=\"prngen4\">\n              \n            <\/td>\n<td class=\"prngen3\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">TOTALS<\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen6\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">$3.32868<\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen6\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">$3.32868<\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen6\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">$.00000<\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen6\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">$.00000<\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen6\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">$.00000<\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen6\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">$3.32868<\/span>\n              <\/p>\n<\/td>\n<\/tr>\n<tr>\n<td colspan=\"2\" class=\"prngen3\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">Form 1099-DIV box<\/span>\n              <\/p>\n<\/td>\n<td class=\"prnsbt1 prnsbr1 prnvab prnsbb1 prntar prnpl6 prnsbl1 prnpr6\">\n              \n            <\/td>\n<td class=\"prngen8\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">1a<\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen8\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">2a<\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen8\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">2b<\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen8\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">3<\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen8\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">5<\/span>\n              <\/p>\n<\/td>\n<\/tr>\n<\/table><\/div>\n<p><\/p>\n<div>\n<table cellspacing=\"0\" cellpadding=\"0\" border=\"0\" class=\"prnbcc\">\n<tr>\n<td class=\"prnvat prnsbtb0 prntar prnpl6 prnpr6\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">(1)<\/span>\n              <\/p>\n<\/td>\n<td class=\"prnsbt1 prnsbr1 prnvab prnsbtb0 prntal prnpl6 prnsbl1 prnpr6\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">Pursuant to Internal Revenue Code of 1986, as amended, Section 857(b)(9), cash distributions made on January 15, 2021 with a record date of December 31, 2020 are treated as received by shareholders on December 31, 2020 to the extent of 2020 undistributed earnings and profits.\u00a0 <\/span>\n              <\/p>\n<\/td>\n<\/tr>\n<tr>\n<td class=\"prngen11\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">(2)<\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen12\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">Unrecaptured Sec. 1250 Gain (box 2b) is a subset of, and is included in, the Capital Gain Distributions amount reported in box 2a of Form 1099-DIV. <\/span>\n              <\/p>\n<\/td>\n<\/tr>\n<tr>\n<td class=\"prngen11\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">(3)<\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen12\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">Return of Capital<\/span>\n              <\/p>\n<\/td>\n<\/tr>\n<tr>\n<td class=\"prngen11\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">(4)<\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen12\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">Represents qualified REIT dividends that may be eligible for the 20% qualified business income deduction under Section 199A of the Internal Revenue Code of 1986, as amended, that is available for non-corporate taxpayers and is included in &#8220;Ordinary Dividends.&#8221;<\/span>\n              <\/p>\n<\/td>\n<\/tr>\n<\/table><\/div>\n<p>The Company did not incur any foreign taxes in 2020.\u00a0 Of the total distributions during 2020, none are considered qualifying dividends for purposes of the federal 15% income tax rate.\u00a0 <\/p>\n<p>EastGroup Properties, Inc. (NYSE: EGP), an S&amp;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 <span class=\"xn-location\">the United States<\/span> with an emphasis in the states of <span class=\"xn-location\">Florida<\/span>, <span class=\"xn-location\">Texas<\/span>, <span class=\"xn-location\">Arizona<\/span>, <span class=\"xn-location\">California<\/span> and <span class=\"xn-location\">North Carolina<\/span>. The Company&#8217;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&#8217;s strategy for growth is based on ownership of premier distribution facilities generally clustered near major transportation features in supply-constrained submarkets. EastGroup&#8217;s portfolio, including development projects and value-add acquisitions in lease-up and under construction, currently includes approximately 47 million square feet.<\/p>\n<p class=\"prntac\">EastGroup Properties, Inc. press releases are available at <a target=\"_blank\" href=\"https:\/\/c212.net\/c\/link\/?t=0&amp;l=en&amp;o=3051604-1&amp;h=512927582&amp;u=http%3A%2F%2Fwww.eastgroup.net%2F&amp;a=www.eastgroup.net\" rel=\"nofollow noopener noreferrer\">www.eastgroup.net<\/a>. \u00a0 <\/p>\n<p>\u00a0<\/p>\n<div class=\"PRN_ImbeddedAssetReference\" id=\"DivAssetPlaceHolder2\"><\/div>\n<p id=\"PURL\">\n        <img loading=\"lazy\" decoding=\"async\" title=\"Cision\" width=\"12\" height=\"12\" alt=\"Cision\" src=\"https:\/\/c212.net\/c\/img\/favicon.png?sn=CL63365&amp;sd=2021-01-28\" \/> View original content to download multimedia:<a id=\"PRNURL\" rel=\"nofollow\" href=\"http:\/\/www.prnewswire.com\/news-releases\/eastgroup-properties-announces-the-income-tax-treatment-of-its-2020-distributions-301217775.html\">http:\/\/www.prnewswire.com\/news-releases\/eastgroup-properties-announces-the-income-tax-treatment-of-its-2020-distributions-301217775.html<\/a><\/p>\n<p>SOURCE  EastGroup Properties<\/p>\n<\/p><\/div>\n<p>    <img decoding=\"async\" alt=\"\" src=\"https:\/\/rt.prnewswire.com\/rt.gif?NewsItemId=CL63365&amp;Transmission_Id=202101281750PR_NEWS_USPR_____CL63365&amp;DateId=20210128\" style=\"border:0px;width:1px;height:1px\" \/><\/p>\n","protected":false},"excerpt":{"rendered":"<p>PR Newswire JACKSON,\u00a0Miss., Jan. 28, 2021 \/PRNewswire\/ &#8212;\u00a0EastGroup Properties, Inc. (NYSE:EGP) (the &#8220;Company&#8221;)\u00a0announced today the income tax treatment of its 2020 distributions as described below.\u00a0 Shareholders are encouraged to consult with their personal tax advisors as to their specific tax treatment of EastGroup Properties distributions. Common Stock: Ticker Symbol EGP, CUSIP #277 276 101 Record Dates Payment Dates Total Distributions Per Share (1) Ordinary Dividends \u00a0 Capital Gain Distributions Unrecaptured Sec. 1250 Gain (2) \u00a0 Nondividend Distributions (3) \u00a0 Section 199A Dividends (4) 12\/30\/19 01\/15\/20 $.37695 $.37695 $.00000 $.00000 $.00000 $.37695 03\/31\/20 04\/15\/20 .75000 .75000 .00000 .00000 .00000 .75000 06\/30\/20 07\/15\/20 .75000 .75000 .00000 .00000 .00000 .75000 09\/30\/20 10\/15\/20 .79000 .79000 .00000 .00000 .00000 .79000 12\/31\/20 01\/15\/21 .66173 .66173 .00000 &hellip; <\/p>\n<p class=\"link-more\"><a href=\"https:\/\/www.marketnewsdesk.com\/index.php\/eastgroup-properties-announces-the-income-tax-treatment-of-its-2020-distributions\/\" class=\"more-link\">Continue reading<span class=\"screen-reader-text\"> &#8220;EastGroup Properties Announces the Income Tax Treatment of its 2020 Distributions&#8221;<\/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-424291","post","type-post","status-publish","format-standard","hentry"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.8 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>EastGroup Properties Announces the Income Tax Treatment of its 2020 Distributions - 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-the-income-tax-treatment-of-its-2020-distributions\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"EastGroup Properties Announces the Income Tax Treatment of its 2020 Distributions - Market Newsdesk\" \/>\n<meta property=\"og:description\" content=\"PR Newswire JACKSON,\u00a0Miss., Jan. 28, 2021 \/PRNewswire\/ &#8212;\u00a0EastGroup Properties, Inc. (NYSE:EGP) (the &#8220;Company&#8221;)\u00a0announced today the income tax treatment of its 2020 distributions as described below.\u00a0 Shareholders are encouraged to consult with their personal tax advisors as to their specific tax treatment of EastGroup Properties distributions. Common Stock: Ticker Symbol EGP, CUSIP #277 276 101 Record Dates Payment Dates Total Distributions Per Share (1) Ordinary Dividends \u00a0 Capital Gain Distributions Unrecaptured Sec. 1250 Gain (2) \u00a0 Nondividend Distributions (3) \u00a0 Section 199A Dividends (4) 12\/30\/19 01\/15\/20 $.37695 $.37695 $.00000 $.00000 $.00000 $.37695 03\/31\/20 04\/15\/20 .75000 .75000 .00000 .00000 .00000 .75000 06\/30\/20 07\/15\/20 .75000 .75000 .00000 .00000 .00000 .75000 09\/30\/20 10\/15\/20 .79000 .79000 .00000 .00000 .00000 .79000 12\/31\/20 01\/15\/21 .66173 .66173 .00000 &hellip; Continue reading &quot;EastGroup Properties Announces the Income Tax Treatment of its 2020 Distributions&quot;\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.marketnewsdesk.com\/index.php\/eastgroup-properties-announces-the-income-tax-treatment-of-its-2020-distributions\/\" \/>\n<meta property=\"og:site_name\" content=\"Market Newsdesk\" \/>\n<meta property=\"article:published_time\" content=\"2021-01-28T22:54:38+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/mma.prnewswire.com\/media\/325470\/east_group_properties__inc__logo.jpg\" \/>\n<meta name=\"author\" content=\"Newsdesk\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Newsdesk\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/eastgroup-properties-announces-the-income-tax-treatment-of-its-2020-distributions\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/eastgroup-properties-announces-the-income-tax-treatment-of-its-2020-distributions\\\/\"},\"author\":{\"name\":\"Newsdesk\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/#\\\/schema\\\/person\\\/482f27a394d4fda80ecb5499e519d979\"},\"headline\":\"EastGroup Properties Announces the Income Tax Treatment of its 2020 Distributions\",\"datePublished\":\"2021-01-28T22:54:38+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/eastgroup-properties-announces-the-income-tax-treatment-of-its-2020-distributions\\\/\"},\"wordCount\":374,\"image\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/eastgroup-properties-announces-the-income-tax-treatment-of-its-2020-distributions\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/mma.prnewswire.com\\\/media\\\/325470\\\/east_group_properties__inc__logo.jpg\",\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/eastgroup-properties-announces-the-income-tax-treatment-of-its-2020-distributions\\\/\",\"url\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/eastgroup-properties-announces-the-income-tax-treatment-of-its-2020-distributions\\\/\",\"name\":\"EastGroup Properties Announces the Income Tax Treatment of its 2020 Distributions - 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(NYSE:EGP) (the &#8220;Company&#8221;)\u00a0announced today the income tax treatment of its 2020 distributions as described below.\u00a0 Shareholders are encouraged to consult with their personal tax advisors as to their specific tax treatment of EastGroup Properties distributions. Common Stock: Ticker Symbol EGP, CUSIP #277 276 101 Record Dates Payment Dates Total Distributions Per Share (1) Ordinary Dividends \u00a0 Capital Gain Distributions Unrecaptured Sec. 1250 Gain (2) \u00a0 Nondividend Distributions (3) \u00a0 Section 199A Dividends (4) 12\/30\/19 01\/15\/20 $.37695 $.37695 $.00000 $.00000 $.00000 $.37695 03\/31\/20 04\/15\/20 .75000 .75000 .00000 .00000 .00000 .75000 06\/30\/20 07\/15\/20 .75000 .75000 .00000 .00000 .00000 .75000 09\/30\/20 10\/15\/20 .79000 .79000 .00000 .00000 .00000 .79000 12\/31\/20 01\/15\/21 .66173 .66173 .00000 &hellip; Continue reading \"EastGroup Properties Announces the Income Tax Treatment of its 2020 Distributions\"","og_url":"https:\/\/www.marketnewsdesk.com\/index.php\/eastgroup-properties-announces-the-income-tax-treatment-of-its-2020-distributions\/","og_site_name":"Market Newsdesk","article_published_time":"2021-01-28T22:54:38+00:00","og_image":[{"url":"https:\/\/mma.prnewswire.com\/media\/325470\/east_group_properties__inc__logo.jpg","type":"","width":"","height":""}],"author":"Newsdesk","twitter_card":"summary_large_image","twitter_misc":{"Written by":"Newsdesk","Est. reading time":"2 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/www.marketnewsdesk.com\/index.php\/eastgroup-properties-announces-the-income-tax-treatment-of-its-2020-distributions\/#article","isPartOf":{"@id":"https:\/\/www.marketnewsdesk.com\/index.php\/eastgroup-properties-announces-the-income-tax-treatment-of-its-2020-distributions\/"},"author":{"name":"Newsdesk","@id":"https:\/\/www.marketnewsdesk.com\/#\/schema\/person\/482f27a394d4fda80ecb5499e519d979"},"headline":"EastGroup Properties Announces the Income Tax Treatment of its 2020 Distributions","datePublished":"2021-01-28T22:54:38+00:00","mainEntityOfPage":{"@id":"https:\/\/www.marketnewsdesk.com\/index.php\/eastgroup-properties-announces-the-income-tax-treatment-of-its-2020-distributions\/"},"wordCount":374,"image":{"@id":"https:\/\/www.marketnewsdesk.com\/index.php\/eastgroup-properties-announces-the-income-tax-treatment-of-its-2020-distributions\/#primaryimage"},"thumbnailUrl":"https:\/\/mma.prnewswire.com\/media\/325470\/east_group_properties__inc__logo.jpg","inLanguage":"en-US"},{"@type":"WebPage","@id":"https:\/\/www.marketnewsdesk.com\/index.php\/eastgroup-properties-announces-the-income-tax-treatment-of-its-2020-distributions\/","url":"https:\/\/www.marketnewsdesk.com\/index.php\/eastgroup-properties-announces-the-income-tax-treatment-of-its-2020-distributions\/","name":"EastGroup Properties Announces the Income Tax Treatment of its 2020 Distributions - 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