EastGroup Properties, Inc.

NYSE:EGP Stock Report

Market Cap: US$8.6b

EastGroup Properties Dividends and Buybacks

Dividend criteria checks 5/6

EastGroup Properties is a dividend paying company with a current yield of 3.27% that is well covered by earnings.

Key information

3.3%

Dividend yield

-5.8%

Buyback Yield

Total Shareholder Yield-2.5%
Future Dividend Yield3.5%
Dividend Growth-3.4%
Next dividend pay daten/a
Ex dividend daten/a
Dividend per shareUS$5.600
Payout ratio61%

Recent dividend and buyback updates

Recent updates

EastGroup Properties: Double-Digit Dividend Growth, Industrial Powerhouse You Should Consider

Nov 01

EastGroup Properties Still Looks Buyable After Solid Q2 2024 Delivery

Aug 23

EastGroup Properties Is Well-Positioned To Benefit From The Upcoming Market Shift

Jul 01

EastGroup Properties: A Fully Valued Industrial Sunbelt Play

Apr 22

EastGroup Properties: A Great Dividend Pick At A Great Premium

Jan 25

EastGroup Properties: Guidance Raised Again In Q3, But Wait For Better Price

Nov 09

EastGroup Properties: Wait For A Discount To Buy This Quality Industrial REIT

Sep 21

Recession Worries? EastGroup Properties Could Be A Better Buy Than STAG Industrial

Aug 24

EastGroup Properties: Solid Core Holding At Less Of A Bargain

Jul 17

With EPS Growth And More, EastGroup Properties (NYSE:EGP) Makes An Interesting Case

Jan 09
With EPS Growth And More, EastGroup Properties (NYSE:EGP) Makes An Interesting Case

Eastgroup Properties GAAP EPS of $0.87 beats by $0.02, revenue of $125.66M beats by $1.73M

Oct 25

Here's Why We Think EastGroup Properties (NYSE:EGP) Might Deserve Your Attention Today

Oct 10
Here's Why We Think EastGroup Properties (NYSE:EGP) Might Deserve Your Attention Today

Eastgroup Properties raises quarterly dividend by 13.6%

Aug 26

Amazon Sneezed, EastGroup Properties Caught A Cold

Aug 18

EastGroup Properties: Rocket On The Launching Pad

Jul 30

Is Now The Time To Put EastGroup Properties (NYSE:EGP) On Your Watchlist?

Jul 04
Is Now The Time To Put EastGroup Properties (NYSE:EGP) On Your Watchlist?

EastGroup Properties: Still Quality, But Still Pricey Too

Apr 18

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
How does EGP dividend yield compare to the market?
SegmentDividend Yield
Company (EGP)3.3%
Market Bottom 25% (US)1.4%
Market Top 25% (US)4.3%
Industry Average (Industrial REITs)3.5%
Analyst forecast (EGP) (up to 3 years)3.5%

Notable Dividend: EGP's dividend (3.27%) is higher than the bottom 25% of dividend payers in the US market (1.4%).

High Dividend: EGP's dividend (3.27%) is low compared to the top 25% of dividend payers in the US market (4.32%).


Earnings Payout to Shareholders

Earnings Coverage: With its reasonable payout ratio (61.4%), EGP's dividend payments are covered by earnings.


Cash Payout to Shareholders

Cash Flow Coverage: With its reasonable cash payout ratio (69.1%), EGP's dividend payments are covered by cash flows.


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