EastGroup Properties Dividend
Dividend criteria checks 5/6
EastGroup Properties is a dividend paying company with a current yield of 2.74% that is well covered by earnings.
Key information
2.7%
Dividend yield
66%
Payout ratio
Industry average yield | 5.4% |
Next dividend pay date | n/a |
Ex dividend date | n/a |
Dividend per share | n/a |
Earnings per share | Mex$4.21 |
Dividend yield forecast in 3Y | 2.9% |
Recent dividend updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: EGP *'s dividends per share have been stable in the past 10 years.
Growing Dividend: EGP *'s dividend payments have increased over the past 10 years.
Dividend Yield vs Market
EastGroup Properties Dividend Yield vs Market |
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Segment | Dividend Yield |
---|---|
Company (EGP *) | 2.7% |
Market Bottom 25% (MX) | 2.2% |
Market Top 25% (MX) | 6.5% |
Industry Average (Industrial REITs) | 5.4% |
Analyst forecast in 3 Years (EGP *) | 2.9% |
Notable Dividend: EGP *'s dividend (2.74%) is higher than the bottom 25% of dividend payers in the MX market (2.03%).
High Dividend: EGP *'s dividend (2.74%) is low compared to the top 25% of dividend payers in the MX market (6.37%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonable payout ratio (65.7%), EGP *'s dividend payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonable cash payout ratio (71.1%), EGP *'s dividend payments are covered by cash flows.