EastGroup Properties Declares $1.55 Quarterly Dividend, Marking 184th Consecutive Distribution
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Dec 12 2025
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Source: Newsfilter
- Consistent Dividend Record: EastGroup Properties announced a quarterly cash dividend of $1.55 per share, payable on January 15, 2026, marking the company's 184th consecutive quarterly distribution, which highlights its robust cash flow and commitment to shareholder returns.
- Increased Annual Dividend Rate: This dividend corresponds to an annualized rate of $6.20 per share, reflecting the company's strong performance in increasing or maintaining dividends over the past 33 years, with annual increases for the last 14 years, thereby boosting investor confidence.
- Market Positioning Advantage: EastGroup focuses on the development and operation of industrial properties in high-growth markets across the U.S., particularly in states like Texas and Florida, aiming to provide quality business distribution space for location-sensitive customers, further solidifying its market leadership.
- Strategic Growth Plan: The company currently holds a portfolio of approximately 64.5 million square feet, including development projects and value-add acquisitions, aiming to maximize shareholder value through premier distribution facilities located near major transportation hubs, ensuring sustainable growth in the future.
Analyst Views on EGP
Wall Street analysts forecast EGP stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for EGP is 194.06 USD with a low forecast of 172.00 USD and a high forecast of 220.00 USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
16 Analyst Rating
10 Buy
6 Hold
0 Sell
Moderate Buy
Current: 179.950
Low
172.00
Averages
194.06
High
220.00
Current: 179.950
Low
172.00
Averages
194.06
High
220.00
About EGP
EastGroup Properties, Inc. is a self-administered equity real estate investment trust focused on the development, acquisition and operation of industrial properties in high-growth markets throughout the United States with an emphasis in the states of Texas, Florida, California, Arizona and North Carolina. The Company's strategy for growth is based on ownership of distribution facilities generally clustered near major transportation features in supply-constrained submarkets. The Company's portfolio, including development projects and value-add acquisitions in lease-up and under construction, includes approximately 63.9 million square feet. The Company's properties are primarily in the 20,000 to 100,000 square foot range. The majority of the Company’s leases are triple net leases, in which the tenant is responsible for their pro rata share of operating expenses during the lease term, including real estate taxes, insurance and common area maintenance.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
