Eastgroup Properties Inc (EGP) has declared a quarterly dividend of $1.55 per share, payable to shareholders of record. The ex-dividend date is set for December 30, 2025, meaning investors must own shares before this date to be eligible for the payment on January 14, 2026. This dividend yields 3.39%, providing regular income to shareholders.
The firm, an internally-managed equity real estate investment trust based in Ridgeland, Mississippi, focuses on the development, acquisition, and operation of industrial properties. Its portfolio encompasses approximately 63.9 million square feet, primarily consisting of distribution facilities clustered near major transportation hubs in supply-constrained submarkets. With a market capitalization of $9.7 billion and a P/E ratio of 39.24, Eastgroup continues to maintain a robust financial position, evidenced by its consistent dividend payments.
The announcement highlights Eastgroup's ongoing strategy to reward investors while supporting its growth trajectory in the real estate sector. As the company prepares for upcoming earnings reports, including an EPS estimate of $1.23 for July 21, 2026, the sustainability of its dividend payments remains a focal point for shareholders. Regular dividends can be attractive to income-focused investors, though they are not guaranteed and can be adjusted based on the company's performance and management decisions.