EastGroup Properties

News

June 2nd, 2014

EastGroup Properties Announces Presentation At REITWeek 2014: NAREIT’s Investor Conference

Jackson, Mississippi, June 2, 2014—EastGroup Properties (NYSE-EGP) announced today that it is scheduled to present at the REITWeek 2014: NAREIT’s Investor Conference. EastGroup’s presentation is scheduled for Tuesday, June 3, 2014 at 2:15 p.m., EDT. EastGroup Properties, Inc. is a self-administered equity real estate investment trust focused on the development, acquisition and operation of industrial properties […]

May 29th, 2014

EastGroup Properties Announces 138th Consecutive Quarterly Cash Dividend

Jackson, Mississippi, May 29, 2014—EastGroup Properties (NYSE-EGP) announced today that its Board of Directors declared a quarterly cash dividend of $.54 per share payable on June 30, 2014 to shareholders of record of Common Stock on June 20, 2014. This dividend is the 138th consecutive quarterly distribution to EastGroup’s shareholders and represents an annualized dividend rate […]

May 14th, 2014

EastGroup Properties Acquires Charlotte Asset

Jackson, Mississippi, May 14, 2014—EastGroup Properties (NYSE-EGP) today announced the acquisition of Ridge Creek Distribution Center III located in Charlotte, North Carolina. Constructed in 2013, this state-of-the-art bulk distribution building contains 270,000 square feet and is situated between EastGroup’s Ridge Creek Distribution Centers I and II in Charlotte’s southwest industrial submarket. The Company anticipates a total […]

April 16th, 2014

Eastgroup Properties Announces a Correction to the Outlook Assumptions Reported in the First Quarter 2014 Earnings Release

JACKSON, MISSISSIPPI, April 16, 2014 — EastGroup Properties, Inc. (NYSE-EGP) announced today a correction to the assumptions used for the mid-point in its outlook for the remainder of 2014 which was included in its First Quarter 2014 Earnings Release. This correction does not affect the reported FFO and net income guidance for 2014. The corrected mid-point […]

March 31st, 2014

EastGroup Properties Announces First Quarter 2014 Conference Call And Webcast

Jackson, Mississippi, March 31, 2014—EastGroup Properties (NYSE-EGP) announced today that it will hold its First Quarter Conference Call and webcast on Thursday, April 17, 2014 at 11:00 A.M. Eastern Daylight Time. On the call, David Hoster, President and CEO, and Keith McKey, CFO, will review the first quarter results and discuss EastGroup’s current operations. EastGroup plans […]

March 7th, 2014

EastGroup Properties Announces 137th Consecutive Quarterly Cash Dividend

Jackson, Mississippi, March 7, 2014—EastGroup Properties (NYSE-EGP) announced today that its Board of Directors declared a quarterly cash dividend of $.54 per share payable on March 31, 2014 to shareholders of record of Common Stock on March 21, 2014. This dividend is the 137th consecutive quarterly distribution to EastGroup’s shareholders and represents an annualized dividend rate […]

February 25th, 2014

EastGroup Properties Announces Presentations At Investor Conferences – Revised

Jackson, Mississippi, February 25, 2014—EastGroup Properties (NYSE-EGP) announced today that it is scheduled to present at the Wells Fargo Securities 17th Annual Real Estate Securities Conference. Brent Wood, Senior Vice President, will participate in a panel discussion Wednesday, February 26, 2014 at 2:20 p.m., EST. Also, David H. Hoster II, President and CEO, will present at […]

February 24th, 2014

EastGroup Properties Announces Presentations At Investor Conferences

Jackson, Mississippi, February 24, 2014—EastGroup Properties (NYSE-EGP) announced today that it is scheduled to present at the Wells Fargo Securities 17th Annual Real Estate Securities Conference. Brent Wood, Senior Vice President, will participate in a panel discussion Wednesday, February 26, 2014 at 2:20 p.m., EST. Also, David H. Hoster II, President and CEO, will present at […]

February 4th, 2014

EastGroup Properties Revises Time For Its Fourth Quarter 2013 Conference Call And Webcast

Jackson, Mississippi, February 4, 2014—EastGroup Properties (NYSE-EGP) announced today that it will hold its Fourth Quarter Earnings Conference Call and Webcast on Thursday, February 13, 2014 at 10:00 A.M. Eastern Standard Time. This is one hour earlier than previously announced and was changed to avoid conflicts with other REIT conference calls. On the call, David Hoster, […]

January 24th, 2014

EastGroup Properties Announces The Income Tax Treatment Of Its 2013 Distributions

JACKSON, MISSISSIPPI, January 24, 2014 – EastGroup Properties, Inc. (NYSE:EGP) announced today the income tax treatment of its 2013 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 8th, 2014

EastGroup Properties Announces Fourth Quarter 2013 Earnings Conference Call And Webcast

Jackson, Mississippi, January 8, 2014—EastGroup Properties (NYSE-EGP) announced today that it will hold its Fourth Quarter Earnings Conference Call and Webcast on Thursday, February 13, 2014 at 11:00 A.M. Eastern Standard Time.  On the call, David Hoster, President and CEO, and Keith McKey, CFO, will review the fourth quarter results and discuss EastGroup’s current operations. EastGroup […]

December 11th, 2013

EastGroup Adds H. Eric Bolton Jr. as a Director

Jackson, Mississippi, December 11, 2013—EastGroup Properties (NYSE-EGP) today announced that H. Eric Bolton, Jr. has been elected to its Board of Directors. Mr. Bolton is Chairman and Chief Executive Officer of Mid-America Apartment Communities, Inc. (MAA). Based in Memphis, TN, MAA owns or has ownership interest in approximately 85,000 apartment homes in 278 communities in 14 […]

December 6th, 2013

EastGroup Properties Announces 136th Consecutive Quarterly Cash Dividend

Jackson, Mississippi, December 6, 2013—EastGroup Properties (NYSE-EGP) announced today that its Board of Directors declared a quarterly cash dividend of $.54 per share payable on December 31, 2013 to shareholders of record of Common Stock on December 20, 2013. This dividend is the 136th consecutive quarterly distribution to EastGroup’s shareholders and represents an annualized dividend rate […]

September 20th, 2013

EastGroup Properties Announces Third Quarter 2013 Earnings Conference Call And Webcast

Jackson, Mississippi, September 20, 2013—EastGroup Properties (NYSE-EGP) announced today that it will hold its Third Quarter Earnings Conference Call and Webcast on Friday, October 18, 2013 at 11:00 A.M. Eastern Daylight Time. On the call, David Hoster, President and CEO, and Keith McKey, CFO, will review the third quarter results and discuss EastGroup’s current operations. EastGroup […]

September 12th, 2013

EastGroup Properties Announces Presentation At BMO Capital Markets 8th Annual North American Real Estate Conference

Jackson, Mississippi, September 12, 2013—EastGroup Properties (NYSE-EGP) announced today that it is scheduled to present at the BMO Capital Markets 8th Annual North American Real Estate Conference. Brent Wood, Senior Vice President, will present on Monday, September 16, 2013 at 2:15 p.m., CDT. The presentation will be broadcast live via webcast at http://www.bmocm.com/conferences/north-american-real-estate-2013/webcast/. The webcast will be […]

August 29th, 2013

EastGroup Properties Announces Dividend Increase

Jackson, Mississippi, August 29, 2013—EastGroup Properties (NYSE-EGP) announced today that its Board of Directors approved a 1.9% increase in its quarterly dividend, raising it to $.54 per share from $.53 per share. The dividend is payable on September 30, 2013 to shareholders of record of Common Stock on September 19, 2013. This dividend is the 135th […]

August 28th, 2013

EastGroup Properties Announces Recent Debt Issuance, Common Stock Sales And Developments

Jackson, Mississippi, August 28, 2013—EastGroup Properties (NYSE-EGP) announced today that it closed the previously announced private placement issuance of $100 million of senior, unsecured notes at a fixed interest rate of 3.8%. The notes require semi-annual interest payments with principal payments of: $30 million on August 30, 2020, $50 million on August 30, 2023, and $20 […]

 

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