EastGroup Properties

News

January 31st, 2018

EastGroup Properties Announces Fourth Quarter and Year 2017 Results

JACKSON, MISSISSIPPI, January 31, 2018 – EastGroup Properties, Inc. (NYSE: EGP) announced today the results of its operations for the three and twelve months ended December 31, 2017. Commenting on EastGroup’s performance, Marshall Loeb, CEO, stated, “Our fourth quarter results are a testament to the strength and resilience we are seeing across the industrial market. […]

January 26th, 2018

EastGroup Properties Announces the Income Tax Treatment of Its 2017 Distributions

JACKSON, MISSISSIPPI, January 26, 2018 – EastGroup Properties, Inc. (NYSE:EGP) announced today the income tax treatment of its 2017 distributions as described below. Shareholders are encouraged to consult with their personal tax advisors as to their specific tax treatment of EastGroup Properties distributions.

January 17th, 2018

EastGroup Properties Joins Other Leading Industrial REITs In Conforming Certain Non-GAAP Operating Metrics

JACKSON, MISSISSIPPI, January 17, 2018 — EastGroup Properties (NYSE-EGP) today announced that a group of leading industrial real estate investment trusts, including, along with the Company, DCT Industrial Trust Inc. (DCT), Duke Realty Corporation (DRE), First Industrial Realty Trust, Inc. (FR), Liberty Property Trust (LPT), Prologis Inc. (PLD), and STAG Industrial, Inc. (STAG) (the “Industrial […]

January 15th, 2018

EastGroup Properties Announces Fourth Quarter 2017 Earnings Conference Call and Webcast

JACKSON, MISSISSIPPI, January 15, 2018 — EastGroup Properties (NYSE-EGP) announced today that it will hold its Fourth Quarter Earnings Conference Call and Webcast on Friday, February 2, 2018 at 11:00 A.M. Eastern Standard Time. On the call, Marshall Loeb, CEO and Brent Wood, CFO, will review the fourth quarter results and discuss EastGroup’s current operations.

December 13th, 2017

EastGroup Properties Announces Recent Investment and Financing Activities

RIDGELAND, MISSISSIPPI, December 13, 2017 – EastGroup Properties (NYSE: EGP) announced today its recent investment and financing activities. On December 12, 2017, EastGroup acquired Gwinnett Progress Center in Atlanta for $29.2 million. The property includes four newly completed distribution buildings totaling 392,000 square feet and an additional 10.5 acres for future development of an 85,000 […]

December 1st, 2017

EastGroup Properties Announces 152nd Consecutive Quarterly Cash Dividend

JACKSON, MISSISSIPPI, December 1, 2017 — EastGroup Properties (NYSE-EGP) announced today that its Board of Directors declared a quarterly cash dividend of $.64 per share payable on December 29, 2017 to shareholders of record of Common Stock on December 15, 2017. This dividend is the 152nd consecutive quarterly distribution to EastGroup’s shareholders and represents an […]

October 19th, 2017

EastGroup Properties Announces Third Quarter 2017 Results

JACKSON, MISSISSIPPI, October 19, 2017 – EastGroup Properties, Inc. (NYSE: EGP) announced today the results of its operations for the three and nine months ended September 30, 2017. Commenting on EastGroup’s performance, Marshall Loeb, CEO, stated, “Our third quarter results confirm the strength and the resilience we continue to see in the industrial market. Our […]

September 21st, 2017

EastGroup Properties Announces Third Quarter 2017 Earnings Conference Call and Webcast

JACKSON, MISSISSIPPI, September 21, 2017 — EastGroup Properties (NYSE-EGP) announced today that it will hold its Third Quarter Earnings Conference Call and Webcast on Friday, October 20, 2017 at 11:00 A.M. Eastern Daylight Time. On the call, Marshall Loeb, CEO, and Brent Wood, CFO, will review the third quarter results and discuss EastGroup’s current operations.

September 12th, 2017

EastGroup Properties Reports on Status of Florida Properties

JACKSON, MISSISSIPPI, September 12, 2017 — EastGroup Properties (NYSE-EGP) announced today the effect of Hurricane Irma on its Florida properties. EastGroup owns approximately 11 million square feet in the state. The properties did not sustain any major wind, flood or other storm-related damage and are currently fully functional.

August 31st, 2017

EastGroup Properties Announces Donald F. Colleran as Director

JACKSON, MISSISSIPPI, August 31, 2017 – EastGroup Properties (NYSE: EGP) announced today that Donald F. Colleran has been elected to its Board of Directors. Mr. Colleran is Executive Vice President, Chief Sales Officer of FedEx Corporation (NYSE: FDX) where he has served in a variety of leadership roles since 1989. Mr. Colleran will serve as […]

August 31st, 2017

EastGroup Properties Announces Dividend Increase

JACKSON, MISSISSIPPI, August 31, 2017 — EastGroup Properties (NYSE-EGP) announced today that its Board of Directors approved a 3.23% increase in its quarterly dividend, raising it to $.64 per share from $.62 per share. The dividend is payable on September 29, 2017 to shareholders of record of Common Stock on September 15, 2017. This dividend […]

August 30th, 2017

EastGroup Properties Reports on Status of Houston Properties

JACKSON, MISSISSIPPI, August 30, 2017 — EastGroup Properties (NYSE-EGP) announced today the effect of Hurricane Harvey on its Houston properties. EastGroup owns 5,524,000 square feet in the market. The properties did not sustain any flood or other major storm-related damage and are currently fully functional.

July 25th, 2017

EastGroup Properties Announces Second Quarter 2017 Results

JACKSON, MISSISSIPPI, July 25, 2017 – EastGroup Properties, Inc. (NYSE: EGP) announced today the results of its operations for the three and six months ended June 30, 2017. Commenting on EastGroup’s performance, Marshall Loeb, CEO, stated, “Second quarter results were a confirmation of our long term strategy. Our 6.1% increase in quarterly FFO means that […]

June 19th, 2017

EastGroup Properties Announces Second Quarter 2017 Earnings Conference Call and Web Cast

JACKSON, MISSISSIPPI, June 19, 2017 — EastGroup Properties (NYSE-EGP) announced today that it will hold its Second Quarter Earnings Conference Call and Webcast on Wednesday, July 26, 2017 at 11:00 A.M. Eastern Daylight Time. On the call, Marshall Loeb, CEO, Keith McKey, CFO, and Brent Wood, Executive Vice President, will review the second quarter results […]

May 11th, 2017

EastGroup Properties Announces 150th Consecutive Quarterly Cash Dividend

JACKSON, MISSISSIPPI, May 11, 2017 — EastGroup Properties (NYSE-EGP) announced today that its Board of Directors declared a quarterly cash dividend of $.62 per share payable on June 30, 2017 to shareholders of record of Common Stock on June 16, 2017. This dividend is the 150th consecutive quarterly distribution to EastGroup’s shareholders and represents an […]

April 20th, 2017

EastGroup Properties Announces First Quarter 2017 Results

JACKSON, MISSISSIPPI, April 20, 2017 – EastGroup Properties, Inc. (NYSE: EGP) announced today the results of its operations for the three months ended March 31, 2017. Commenting on EastGroup’s performance, Marshall Loeb, CEO, stated, “We are happy with a strong start to the year. Our 8.8% increase in quarterly FFO means that we’ve now achieved […]

March 16th, 2017

EastGroup Properties Announces First Quarter 2017 Earnings Conference Call and Webcast

JACKSON, MISSISSIPPI, March 16, 2017 — EastGroup Properties (NYSE-EGP) announced today that it will hold its First Quarter Earnings Conference Call and Webcast on Friday, April 21, 2017 at 11:00 A.M. Eastern Daylight Time. On the call, Marshall Loeb, CEO, Keith McKey, CFO, and Brent Wood, Sr. Vice President, will review the first quarter results […]

 

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