EastGroup Properties Dividend
Dividend criteria checks 5/6
EastGroup Properties is a dividend paying company with a current yield of 3.26% that is well covered by earnings.
Key information
3.3%
Dividend yield
63%
Payout ratio
| Industry average yield | 3.8% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | n/a |
| Earnings per share | US$4.46 |
| Dividend yield forecast in 3Y | 3.5% |
Recent dividend updates
Recent updates
EastGroup Properties: A Fully Valued Industrial Sunbelt Play
Apr 22EastGroup Properties: A Great Dividend Pick At A Great Premium
Jan 25EastGroup Properties: Guidance Raised Again In Q3, But Wait For Better Price
Nov 09EastGroup Properties: Wait For A Discount To Buy This Quality Industrial REIT
Sep 21Recession Worries? EastGroup Properties Could Be A Better Buy Than STAG Industrial
Aug 24EastGroup Properties: Solid Core Holding At Less Of A Bargain
Jul 17With EPS Growth And More, EastGroup Properties (NYSE:EGP) Makes An Interesting Case
Jan 09
Eastgroup Properties GAAP EPS of $0.87 beats by $0.02, revenue of $125.66M beats by $1.73M
Oct 25Here's Why We Think EastGroup Properties (NYSE:EGP) Might Deserve Your Attention Today
Oct 10Eastgroup Properties raises quarterly dividend by 13.6%
Aug 26Amazon Sneezed, EastGroup Properties Caught A Cold
Aug 18EastGroup Properties: Rocket On The Launching Pad
Jul 30Is Now The Time To Put EastGroup Properties (NYSE:EGP) On Your Watchlist?
Jul 04EastGroup Properties: Still Quality, But Still Pricey Too
Apr 18I Ran A Stock Scan For Earnings Growth And EastGroup Properties (NYSE:EGP) Passed With Ease
Feb 24EastGroup Properties: A Closer Look At The Top Industrial REIT
Feb 02EastGroup Properties Stock: A Price That's Too High, Even For Quality
Nov 02EastGroup Properties: Wrestling Over This Excellent But Richly Valued Industrial REIT
Jun 30Stability 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 |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (EGP) | 3.3% |
| Market Bottom 25% (US) | 1.5% |
| Market Top 25% (US) | 4.7% |
| Industry Average (Industrial REITs) | 3.8% |
| Analyst forecast in 3 Years (EGP) | 3.5% |
Notable Dividend: EGP's dividend (3.26%) is higher than the bottom 25% of dividend payers in the US market (1.54%).
High Dividend: EGP's dividend (3.26%) is low compared to the top 25% of dividend payers in the US market (4.7%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonable payout ratio (63.1%), EGP's dividend payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonable cash payout ratio (67.5%), EGP's dividend payments are covered by cash flows.