EastGroup Properties

News

March 25th, 2020

EastGroup Properties Announces Recent Debt and Equity Transactions

JACKSON, MISSISSIPPI, March 25, 2020 — EastGroup Properties, Inc. (NYSE: EGP) (the “Company” or “EastGroup”) announced today its recent financing activities. Today, EastGroup closed a $100 million senior unsecured term loan with a seven-year term and interest-only payments. It bears interest at the annual rate of LIBOR plus an applicable margin based on the Company’s […]

March 5th, 2020

EastGroup Properties Announces 161st Consecutive Quarterly Cash Dividend

JACKSON, MISSISSIPPI, March 5, 2020 — EastGroup Properties (NYSE:EGP) announced today that its Board of Directors declared a quarterly cash dividend of $.75 per share payable on April 15, 2020 to shareholders of record of Common Stock on March 31, 2020. This dividend is the 161st consecutive quarterly distribution to EastGroup’s shareholders and represents an […]

February 6th, 2020

EastGroup Properties Announces Fourth Quarter and Year 2019 Results

JACKSON, MISSISSIPPI, February 6, 2020 – EastGroup Properties, Inc. (NYSE: EGP) (the “Company” or “EastGroup”) announced today the results of its operations for the three and twelve months ended December 31, 2019. Commenting on EastGroup’s performance, Marshall Loeb, CEO, stated, “Our fourth quarter results reflect the strength and depth of our team, the quality of […]

January 28th, 2020

EastGroup Properties Announces the Income Tax Treatment of its 2019 Distributions

JACKSON, MISSISSIPPI, January 28, 2020 – EastGroup Properties, Inc. (NYSE:EGP) announced today the income tax treatment of its 2019 distributions as described below. Shareholders are encouraged to consult with their personal tax advisors as to their specific tax treatment of EastGroup Properties distributions.

December 20th, 2019

EastGroup Properties Announces Fourth Quarter 2019 Earnings Conference Call and Webcast

JACKSON, MISSISSIPPI, December 20, 2019 — EastGroup Properties (NYSE:EGP) announced today that it will hold its Fourth Quarter Earnings Conference Call and Webcast on Friday, February 7, 2020 at 11:00 A.M. Eastern Time. On the call, Marshall Loeb, CEO, and Brent Wood, CFO, will review the fourth quarter results and discuss EastGroup’s current operations. EastGroup […]

December 6th, 2019

EastGroup Properties Announces 160th Consecutive Quarterly Cash Dividend

JACKSON, MISSISSIPPI, December 6, 2019 — EastGroup Properties (NYSE:EGP) announced today that its Board of Directors declared a quarterly cash dividend of $.75 per share payable on January 15, 2020 to shareholders of record of Common Stock on December 30, 2019. This dividend is the 160th consecutive quarterly distribution to EastGroup’s shareholders and represents an […]

October 23rd, 2019

EastGroup Properties Announces Third Quarter 2019 Results

JACKSON, MISSISSIPPI, October 23, 2019 – EastGroup Properties, Inc. (NYSE: EGP) (the “Company”) announced today the results of its operations for the three and nine months ended September 30, 2019. Commenting on EastGroup’s performance, Marshall Loeb, CEO, stated, “Our third quarter results are proof of the strength and depth of our team, the quality of […]

September 17th, 2019

EastGroup Properties Announces Third Quarter 2019 Earnings Conference Call and Webcast

JACKSON, MISSISSIPPI, September 17, 2019 — EastGroup Properties (NYSE:EGP) announced today that it will hold its Third Quarter Earnings Conference Call and Webcast on Thursday, October 24, 2019 at 11:00 A.M. Eastern Time. On the call, Marshall Loeb, CEO, and Brent Wood, CFO, will review the third quarter results and discuss EastGroup’s current operations.

August 29th, 2019

EastGroup Properties Announces Dividend Increase

JACKSON, MISSISSIPPI, August 29, 2019 — EastGroup Properties (NYSE:EGP) announced today that its Board of Directors approved a 4.2% increase in its quarterly dividend, raising it to $.75 per share from $.72 per share. The dividend is payable on October 15, 2019 to shareholders of record of Common Stock on September 30, 2019. This dividend […]

July 24th, 2019

EastGroup Properties Announces Second Quarter 2019 Results

JACKSON, MISSISSIPPI, July 24, 2019 – EastGroup Properties, Inc. (NYSE: EGP) (the “Company”) announced today the results of its operations for the three and six months ended June 30, 2019. Commenting on EastGroup’s performance, Marshall Loeb, CEO, stated, “We believe our second quarter results are proof of the strength and depth of our team, the […]

June 24th, 2019

EastGroup Properties Announces Second Quarter 2019 Earnings Conference Call and Webcast

JACKSON, MISSISSIPPI, June 24, 2019 — EastGroup Properties (NYSE-EGP) announced today that it will hold its Second Quarter Earnings Conference Call and Webcast on Thursday, July 25, 2019 at 11:00 A.M. Eastern Time. On the call, Marshall Loeb, CEO, and Brent Wood, CFO, will review the second quarter results and discuss EastGroup’s current operations. EastGroup […]

June 3rd, 2019

EastGroup Properties Announces Recent Business Activity

JACKSON, MISSISSIPPI, June 3, 2019 — EastGroup Properties, Inc. (NYSE-EGP) announced today its recent business activity. In late April, EastGroup Properties, Inc. (the “Company” or “EastGroup”) acquired Logistics Center 6 & 7, which contains a total of 142,000 square feet of multi-tenant business distribution space in two buildings in Dallas.  The buildings, which are located […]

May 23rd, 2019

EastGroup Properties Announces 158th Consecutive Quarterly Cash Dividend

JACKSON, MISSISSIPPI, May 23, 2019 — EastGroup Properties (NYSE:EGP) announced today that its Board of Directors declared a quarterly cash dividend of $.72 per share payable on July 15, 2019 to shareholders of record of Common Stock on June 28, 2019. This dividend is the 158th consecutive quarterly distribution to EastGroup’s shareholders and represents an […]

May 6th, 2019

EastGroup Properties Announces Addition to the S&P MidCap 400 Index

JACKSON, MISSISSIPPI, May 6, 2019 — EastGroup Properties (NYSE-EGP) announced today that it will be added to the S&P MidCap 400. The Company will be removed from its current membership in the S&P SmallCap 600 and added to the S&P MidCap 400 effective at the open of trading on Tuesday, May 7, 2019.

April 22nd, 2019

EastGroup Properties Announces First Quarter 2019 Results

JACKSON, MISSISSIPPI, April 22, 2019 – EastGroup Properties, Inc. (NYSE: EGP) (the “Company”) announced today the results of its operations for the three months ended March 31, 2019. Commenting on EastGroup’s performance, Marshall Loeb, CEO, stated, “Our first quarter results demonstrate the strength and depth of our team, the quality of our portfolio and the […]

March 21st, 2019

EastGroup Properties Announces First Quarter 2019 Earnings Conference Call and Webcast

JACKSON, MISSISSIPPI, March 21, 2019 — EastGroup Properties (NYSE-EGP) announced today that it will hold its First Quarter Earnings Conference Call and Webcast on Tuesday, April 23, 2019 at 11:00 A.M. Eastern Time. On the call, Marshall Loeb, CEO, and Brent Wood, CFO, will review the first quarter results and discuss EastGroup’s current operations.

March 8th, 2019

EastGroup Properties Announces 157th Consecutive Quarterly Cash Dividend

JACKSON, MISSISSIPPI, March 8, 2019 — EastGroup Properties (NYSE:EGP) announced today that its Board of Directors declared a quarterly cash dividend of $.72 per share payable on April 15, 2019 to shareholders of record of Common Stock on March 29, 2019. This dividend is the 157th consecutive quarterly distribution to EastGroup’s shareholders and represents an […]

February 27th, 2019

EastGroup Properties Announces Presentation at Citi 2019 Global Property CEO Conference

JACKSON, MISSISSIPPI, February 27, 2019 — EastGroup Properties, Inc. (NYSE-EGP) announced today that Marshall Loeb, President and CEO, will present at the Citi 2019 Global Property CEO Conference on Tuesday, March 5, 2019 at 11:35 a.m., EST. The presentation will be broadcast live and is accessible at http://www.veracast.com/webcasts/citigroup/globalproperty2019/69207486578.cfm. A replay of the webcast will be […]

 

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