EastGroup Properties

News

March 8th, 2024

EastGroup Properties Announces 177th Consecutive Quarterly Cash Dividend

JACKSON, MISSISSIPPI, March 8, 2024 − EastGroup Properties (NYSE: EGP) (the “Company”, “EastGroup”) announced today that its Board of Directors declared a quarterly cash dividend of $1.27 per share payable on April 15, 2024, to shareholders of record of Common Stock on March 28, 2024. This dividend is the 177th consecutive quarterly distribution to EastGroup’s […]

February 29th, 2024

EastGroup Properties Announces Recent Business Activity and Participation in Upcoming Conference

JACKSON, MISSISSIPPI, February 29, 2024 — EastGroup Properties, Inc. (NYSE: EGP) (the “Company”, “we”, “us” or “EastGroup”) announced today its recent business activity. Commenting on the Company’s activity, Marshall Loeb, CEO, stated, “We are pleased to see the occupancy and leasing trends we experienced late last year continuing thus far into 2024. Occupancy is trending […]

February 7th, 2024

EastGroup Properties Announces Fourth Quarter and Year 2023 Results

JACKSON, MISSISSIPPI, February 7, 2024 – EastGroup Properties, Inc. (NYSE: EGP) (the “Company”, “we”, “us” or “EastGroup”) announced today the results of its operations for the three and twelve months ended December 31, 2023. Commenting on EastGroup’s performance, Marshall Loeb, CEO, stated, “Our strong performance continues as evidenced by FFO per share rising 11.5% for […]

January 25th, 2024

EastGroup Properties Announces the Income Tax Treatment of its 2023 Distributions

JACKSON, MISSISSIPPI, January 25, 2024 – EastGroup Properties, Inc. (NYSE: EGP) (the “Company” or “EastGroup”) announced today the income tax treatment of its 2023 distributions as described below. Shareholders are encouraged to consult with their personal tax advisors as to their specific tax treatment of EastGroup distributions.

January 11th, 2024

EastGroup Properties Announces Fourth Quarter 2023 Earnings Conference Call and Webcast

JACKSON, MISSISSIPPI, January 11, 2024 – EastGroup Properties, Inc. (NYSE: EGP) (the “Company” or “EastGroup”) announced today that it will hold its Fourth Quarter Earnings Conference Call and Webcast on Thursday, February 8, 2024, at 11:00 a.m. Eastern Time. On the call, Marshall Loeb, CEO, and Brent Wood, CFO, will discuss the Company’s fourth quarter […]

December 8th, 2023

EastGroup Properties Announces 176th Consecutive Quarterly Cash Dividend

JACKSON, MISSISSIPPI, December 8, 2023 − EastGroup Properties (NYSE: EGP) (the “Company”, “EastGroup”) announced today that its Board of Directors declared a quarterly cash dividend of $1.27 per share payable on January 12, 2024, to shareholders of record of Common Stock on December 29, 2023. This dividend is the 176th consecutive quarterly distribution to EastGroup’s […]

November 9th, 2023

EastGroup Properties Announces Recent Business Activity and Participation in Upcoming Conference

JACKSON, MISSISSIPPI, November 9, 2023 — EastGroup Properties, Inc. (NYSE: EGP) (the “Company”, “we”, “us” or “EastGroup”) announced today its recent business activity. Commenting on the Company’s activity, Marshall Loeb, CEO, stated, “Our portfolio remains highly leased and resilient in a volatile environment. This dynamic climate is continuing to provide attractive investments. One such opportunity […]

October 24th, 2023

EastGroup Properties Announces Third Quarter 2023 Results

JACKSON, MISSISSIPPI, October 24, 2023 – EastGroup Properties, Inc. (NYSE: EGP) (the “Company”, “we”, “us” or “EastGroup”) announced today the results of its operations for the three and nine months ended September 30, 2023. Commenting on EastGroup’s performance, Marshall Loeb, CEO, stated, “Our team’s strong performance continues as evidenced by third quarter FFO per share […]

October 3rd, 2023

EastGroup Properties Announces Third Quarter 2023 Earnings Conference Call and Webcast

JACKSON, MISSISSIPPI, October 3, 2023 – EastGroup Properties, Inc. (NYSE: EGP) (the “Company” or “EastGroup”) announced today that it will hold its Third Quarter Earnings Conference Call and Webcast on Wednesday, October 25, 2023, at 11:00 a.m. Eastern Time. On the call, Marshall Loeb, CEO, and Brent Wood, CFO, will discuss the Company’s third quarter […]

September 7th, 2023

EastGroup Properties Announces Recent Business Activity and Participation in Upcoming Conferences

JACKSON, MISSISSIPPI, September 7, 2023 — EastGroup Properties, Inc. (NYSE: EGP) (the “Company” or “EastGroup”) announced today its recent business activity. Commenting on the Company’s activity, Marshall Loeb, CEO, stated, “We continue to be pleased by both the strength and resiliency of the Sunbelt, shallow bay industrial market. Operationally it’s been a positive, steady year […]

August 25th, 2023

EastGroup Properties Announces Dividend Increase

JACKSON, MISSISSIPPI, August 25, 2023 —¬ EastGroup Properties (NYSE: EGP) (the “Company”, “EastGroup”) announced today that its Board of Directors approved an increase in its quarterly dividend, raising it to $1.27 per share from $1.25 per share. Projected total dividends per share for 2023 are expected to represent an increase of 7.2% over total dividends […]

July 25th, 2023

EastGroup Properties Announces Second Quarter 2023 Results

JACKSON, MISSISSIPPI, July 25, 2023 – EastGroup Properties, Inc. (NYSE: EGP) (the “Company”, “we”, “us” or “EastGroup”) announced today the results of its operations for the three and six months ended June 30, 2023. Commenting on EastGroup’s performance, Marshall Loeb, CEO, stated, “Our team’s strong performance continues as evidenced by second quarter growth in FFO […]

June 30th, 2023

EastGroup Properties Announces Second Quarter 2023 Earnings Conference Call and Webcast

JACKSON, MISSISSIPPI, June 30, 2023 — EastGroup Properties (NYSE: EGP) (the “Company”, “EastGroup”) announced today that it will hold its Second Quarter Earnings Conference Call and Webcast on Wednesday, July 26, 2023, at 11:00 a.m. Eastern Time. On the call, Marshall Loeb, CEO, and Brent Wood, CFO, will discuss the Company’s second quarter results, current […]

June 1st, 2023

EastGroup Properties Announces Recent Business Activity and Presentation at Nareit’s REITweek

JACKSON, MISSISSIPPI, June 1, 2023 — EastGroup Properties, Inc. (NYSE: EGP) (the “Company” or “EastGroup”) announced today its recent business activity. As of May 31, 2023, EastGroup’s portfolio was 98.7% leased and 97.9% occupied. Rental rates on new and renewal leases signed during second quarter to date increased an average of 50.9% on a straight-line […]

May 25th, 2023

EastGroup Properties Announces 174th Consecutive Quarterly Cash Dividend

JACKSON, MISSISSIPPI, May 25, 2023 − EastGroup Properties (NYSE: EGP) (the “Company”, “EastGroup”) announced today that its Board of Directors declared a quarterly cash dividend of $1.25 per share payable on July 14, 2023, to shareholders of record of Common Stock on June 30, 2023. This dividend is the 174th consecutive quarterly distribution to EastGroup’s […]

April 25th, 2023

EastGroup Properties Announces First Quarter 2023 Results

JACKSON, MISSISSIPPI, April 25, 2023 – EastGroup Properties, Inc. (NYSE: EGP) (the “Company”, “we”, “us” or “EastGroup”) announced today the results of its operations for the three months ended March 31, 2023. Commenting on EastGroup’s performance, Marshall Loeb, CEO, stated, “Our team’s strong performance continued into 2023 as evidenced by first quarter growth in FFO […]

April 5th, 2023

EastGroup Properties Announces First Quarter 2023 Earnings Conference Call and Webcast

JACKSON, MISSISSIPPI, April 5, 2023 — EastGroup Properties (NYSE: EGP) (the “Company”, “EastGroup”) announced today that it will hold its First Quarter Earnings Conference Call and Webcast on Wednesday, April 26, 2023, at 11:00 a.m. Eastern Time. On the call, Marshall Loeb, CEO, and Brent Wood, CFO, will discuss the Company’s first quarter results, current […]

March 3rd, 2023

EastGroup Properties Announces 173rd Consecutive Quarterly Cash Dividend

JACKSON, MISSISSIPPI, March 3, 2023 − EastGroup Properties (NYSE: EGP) (the “Company”, “EastGroup”) announced today that its Board of Directors declared a quarterly cash dividend of $1.25 per share payable on April 14, 2023, to shareholders of record of Common Stock on March 31, 2023. This dividend is the 173rd consecutive quarterly distribution to EastGroup’s […]

March 1st, 2023

EastGroup Properties Announces Recent Business Activity

JACKSON, MISSISSIPPI, March 1, 2023 — EastGroup Properties, Inc. (NYSE: EGP) (the “Company” or “EastGroup”) announced today its recent business activity. Year to date in 2023, EastGroup began construction of three development projects located in Atlanta, Orlando and Miami which will contain 810,000 square feet and have projected total costs of $111,700,000. Also, the Company […]

February 7th, 2023

EastGroup Properties Announces Fourth Quarter and Year 2022 Results

JACKSON, MISSISSIPPI, February 7, 2023 – EastGroup Properties, Inc. (NYSE: EGP) (the “Company”, “we”, “us” or “EastGroup”) announced today the results of its operations for the three and twelve months ended December 31, 2022. Commenting on EastGroup’s performance, Marshall Loeb, CEO, stated, “Our team continues delivering solid, consistent results as evidenced by fourth quarter growth […]

 

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