JACKSON, MISSISSIPPI, December 1, 2021 —¬ EastGroup Properties (NYSE: EGP) (the “Company”, “EastGroup”) announced today that its Board of Directors approved a 22.2% increase in its quarterly dividend, raising it to $1.10 per share from $0.90 per share. The dividend is payable on January 15, 2022 to shareholders of record of Common Stock on December […]
JACKSON, MISSISSIPPI, November 8, 2021 — EastGroup Properties, Inc. (NYSE: EGP) (the “Company” or “EastGroup”) announced today its recent business activity. EastGroup is under contract to purchase four multi-tenant business distribution buildings totaling 547,000 square feet for $135 million in the Otay Mesa submarket of San Diego. The buildings, known as Siempre Viva Distribution Center […]
JACKSON, MISSISSIPPI, October 26, 2021 – EastGroup Properties, Inc. (NYSE: EGP) (the “Company”, “we”, “us” or “EastGroup”) announced today the results of its operations for the three and nine months ended September 30, 2021. Commenting on EastGroup’s performance, Marshall Loeb, CEO, stated, “Our team and portfolio produced another strong quarter and are moving towards creating […]
JACKSON, MISSISSIPPI, September 22, 2021 —¬ EastGroup Properties (NYSE: EGP) announced today that it will hold its Third Quarter Earnings Conference Call and Webcast on Wednesday, October 27, 2021 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.
JACKSON, MISSISSIPPI, August 26, 2021 — EastGroup Properties, Inc. (NYSE: EGP) (the “Company” or “EastGroup”) announced today its recent business activity. On August 26, 2021, EastGroup purchased DFW Global Logistics Centre, four business distribution buildings totaling 611,000 square feet, for $89.7 million. The property, which is 100% leased, is located adjacent to the Dallas-Fort Worth […]
JACKSON, MISSISSIPPI, August 26, 2021 — EastGroup Properties (NYSE: EGP) (the “Company”, “EastGroup”) announced today that its Board of Directors approved a 13.9% increase in its quarterly dividend, raising it to $0.90 per share from $0.79 per share. The dividend is payable on October 15, 2021 to shareholders of record of Common Stock on September […]
JACKSON, MISSISSIPPI, July 27, 2021 – EastGroup Properties, Inc. (NYSE: EGP) (the “Company”, “we”, “us” or “EastGroup”) announced today the results of its operations for the three and six months ended June 30, 2021. Commenting on EastGroup’s performance, Marshall Loeb, CEO, stated, “Our team and portfolio continue to exceed our projections. Year-to-date we’re pleased with […]
JACKSON, MISSISSIPPI, July 26, 2021 — EastGroup Properties, Inc. (NYSE: EGP) (the “Company” or “EastGroup”) announced today an update on the Company’s continued sustainability efforts, including the incorporation of a sustainability-linked metric into its credit facility renewal. The Company is pleased to announce the hiring of Elizabeth Randall as Director of Corporate Sustainability, effective June […]
JACKSON, MISSISSIPPI, July 2, 2021 — EastGroup Properties (NYSE:EGP) announced today that it will hold its Second Quarter Earnings Conference Call and Webcast on Wednesday, July 28, 2021 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 […]
JACKSON, MISSISSIPPI, June 7, 2021 — EastGroup Properties, Inc. (NYSE:EGP) (“EastGroup” or the “Company”) announced today that it is scheduled to present at the Nareit REITweek: 2021 Investor Conference. EastGroup’s presentation is scheduled for Tuesday, June 8, 2021, at 3:00 p.m., Eastern Time. The Company’s presentation will be available to registered REITweek participants live and […]
JACKSON, MISSISSIPPI, June 1, 2021 — EastGroup Properties, Inc. (NYSE: EGP) (the “Company” or “EastGroup”) announced today its recent development and value-add activity and equity transactions.
JACKSON, MISSISSIPPI, May 27, 2021 — EastGroup Properties (NYSE: EGP) announced today that its Board of Directors declared a quarterly cash dividend of $0.79 per share payable on July 15, 2021 to shareholders of record of Common Stock on June 30, 2021. This dividend is the 166th consecutive quarterly distribution to EastGroup’s shareholders and represents […]
JACKSON, MISSISSIPPI, April 27, 2021 – EastGroup Properties, Inc. (NYSE: EGP) (the “Company”, “we”, “us” or “EastGroup”) announced today the results of its operations for the three months ended March 31, 2021. Commenting on EastGroup’s performance, Marshall Loeb, CEO, stated, “Our team and portfolio solidly exceeded our expectations. The metrics produced made it one of […]
JACKSON, MISSISSIPPI, March 29, 2021 — EastGroup Properties (NYSE: EGP) announced today that it will hold its First Quarter Earnings Conference Call and Webcast on Wednesday, April 28, 2021 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.
JACKSON, MISSISSIPPI, March 5, 2021 — EastGroup Properties (NYSE: EGP) announced today that its Board of Directors declared a quarterly cash dividend of $0.79 per share payable on April 15, 2021 to shareholders of record of Common Stock on March 31, 2021. This dividend is the 165th consecutive quarterly distribution to EastGroup’s shareholders and represents […]
JACKSON, MISSISSIPPI, February 9, 2021 – EastGroup Properties, Inc. (NYSE: EGP) (the “Company”, “we”, “us” or “EastGroup”) announced today the results of its operations for the three and twelve months ended December 31, 2020. Commenting on EastGroup’s performance, Marshall Loeb, CEO, stated, “Our team and portfolio’s performance exceeded our expectations not only for the quarter, […]
JACKSON, MISSISSIPPI, January 29, 2021 – EastGroup Properties, Inc. (NYSE: EGP) (the “Company”) is saddened to announce the recent passing of Leland R. Speed, Chairman Emeritus of the Company’s Board of Directors and a director of the Company, at the age of 88. Mr. Speed was the Company’s founder and served as Chief Executive Officer […]
JACKSON, MISSISSIPPI, January 28, 2021 – EastGroup Properties, Inc. (NYSE:EGP) (the “Company”) announced today the income tax treatment of its 2020 distributions as described below. Shareholders are encouraged to consult with their personal tax advisors as to their specific tax treatment of EastGroup Properties distributions.
JACKSON, MISSISSIPPI, December 15, 2020 — EastGroup Properties (NYSE: EGP) announced today that it will hold its Fourth Quarter Earnings Conference Call and Webcast on Wednesday, February 10, 2021 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. […]
JACKSON, MISSISSIPPI, December 3, 2020 — EastGroup Properties (NYSE:EGP) announced today that its Board of Directors declared a quarterly cash dividend of $.79 per share payable on January 15, 2021 to shareholders of record of Common Stock on December 31, 2020. This dividend is the 164th consecutive quarterly distribution to EastGroup’s shareholders and represents an […]
