EastGroup Properties Declares Quarterly Cash Dividend, Payable on July 15, 2021
May 27, 2021 at 03:10 pm EDT
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EastGroup Properties announced that its Board of Directors declared a quarterly cash dividend of $0.79 per share payable on July 15, 2021 to shareholders of record of Common Stock on June 30, 2021. This dividend is the 166th consecutive quarterly distribution to EastGroup's shareholders and represents an annualized dividend rate of $3.16 per share.
EastGroup Properties, Inc. is an internally managed equity real estate investment trust (REIT). The Company is focused on the development, acquisition and operation of industrial properties in Sunbelt markets throughout the United States, primarily in the states of Florida, Texas, Arizona, California and North Carolina. The Company owns approximately 510 industrial properties in 12 states. The Companyâs portfolio includes development projects and value-add properties in lease-up and under construction, including approximately 59.2 million square feet consisting of 470 business distribution properties containing 53.9 million square feet. It also has 17 bulk distribution properties containing 4.4 million square feet, and 23 business service properties containing 900,000 square feet.
EASTGROUP PROPERTIES, INC. 
