EastGroup Properties

News

May 29th, 2013

EastGroup Properties Announces 134th Consecutive Quarterly Cash Dividend

Jackson, Mississippi, May 29, 2013—EastGroup Properties (NYSE-EGP) announced today that its Board of Directors declared a quarterly cash dividend of $.53 per share payable on June 28, 2013, to shareholders of record of Common Stock on June 14, 2013. This dividend is the 134th consecutive quarterly distribution to EastGroup’s shareholders and represents an annualized dividend rate […]

May 22nd, 2013

EastGroup Properties Announces Recent Investments

Jackson, Mississippi, May 22, 2013—EastGroup Properties (NYSE-EGP) today announced the acquisition of Northfield Distribution Center located in Grapevine (Dallas), Texas. The property consists of eight business distribution buildings containing a total of 788,000 square feet which were constructed from 1999 to 2008. The Company anticipates a total first year investment of approximately $70.7 million including capital […]

 

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