EastGroup Properties, Inc. (EGP) Dividends
Dividend Yield and Dividend History Highlights
- EGP's average cash flow over the past 5.5 years is greater than 7.02% of current dividend paying stocks in the US.
- Currently, EGP generates more cash flow over the 12 months prior than merely 11.56% of US dividend stocks.
- If you want to include this stock in your dividend portfolio, here are some dividend stocks that are NOT correlated with EGP that may be suitable potential portfolio mates: CHD, KMPR, BGSF, KAMN and ATNI.
EGP Price Forecast Based on Dividend Discount Model
| Current Price | DDM Fair Value Target: | Forecasted Gain: |
| $161.44 | $184.72 | -4.1% |
A technique commonly used by dividend investors to value dividend-issuing stocks is the Dividend Discount Model (DDM), which seeks to determine a fair share price based on the dividend provided by the company relative to a number of other company-specific factors. In the case of EGP, the DDM model generated by StockNews estimates a return of negative 4.1% in comparison to its current price. To help understand and contextualize the model's evaluation of EGP, investors may wish to consider are:
- In comparison to other stocks in the Real Estate sector, EGP provides shareholders with a dividend yield greater than just 18.18% such stocks.
- If we compare the valuation opportunity a dividend discount model provides relative to other dividend stocks in the Real Estate sector, Eastgroup Properties Inc's expected return of -4.1% is higher than just 21.39% of its fellow sector mates.
- Compared to all dividend issuing stocks in our set, EGP has a discount rate lower than just 21.39% of them (a lower discount rate is associated with lower risk).
- Eastgroup Properties Inc's market cap of $8 billion US dollars puts it in the mid-sized market cap class; amongst this group of stocks, its equity discount rate is lower than 71.74% of them.
EGP Dividend History
| Ex-Dividend Date | Type | Payout Amount | Change |
|---|---|---|---|
| 2024-09-30 | Dividend | $1.40 | +10.24% |
| 2024-06-28 | Dividend | $1.27 | -- |
| 2024-03-27 | Dividend | $1.27 | -- |
| 2023-12-28 | Dividend | $1.27 | -- |
| 2023-09-28 | Dividend | $1.27 | +1.60% |
| 2023-06-29 | Dividend | $1.25 | -- |
| 2023-03-30 | Dividend | $1.25 | -- |
| 2022-12-29 | Dividend | $1.25 | -- |
| 2022-09-29 | Dividend | $1.25 | +13.64% |
| 2022-06-29 | Dividend | $1.10 | -- |
| 2022-03-30 | Dividend | $1.10 | -- |
| 2021-12-30 | Dividend | $1.10 | +22.22% |
| 2021-09-29 | Dividend | $0.90 | +13.92% |
| 2021-06-29 | Dividend | $0.79 | -- |
| 2021-03-30 | Dividend | $0.79 | -- |
| 2020-12-30 | Dividend | $0.79 | -- |
| 2020-09-29 | Dividend | $0.79 | +5.33% |
| 2020-06-29 | Dividend | $0.75 | -- |
| 2020-03-30 | Dividend | $0.75 | -- |
| 2019-12-27 | Dividend | $0.75 | -- |
| 2019-09-27 | Dividend | $0.75 | +4.17% |
| 2019-06-27 | Dividend | $0.72 | -- |
| 2019-03-28 | Dividend | $0.72 | -- |
| 2018-12-28 | Dividend | $0.72 | -- |
| 2018-09-27 | Dividend | $0.72 | +12.50% |
| 2018-06-19 | Dividend | $0.64 | -- |
| 2018-03-20 | Dividend | $0.64 | -- |
| 2017-12-14 | Dividend | $0.64 | -- |
| 2017-09-14 | Dividend | $0.64 | +3.23% |
| 2017-06-14 | Dividend | $0.62 | -- |
| 2017-03-20 | Dividend | $0.62 | -- |
| 2016-12-14 | Dividend | $0.62 | -- |
| 2016-09-15 | Dividend | $0.62 | +3.33% |
| 2016-06-15 | Dividend | $0.60 | -- |
| 2016-03-21 | Dividend | $0.60 | -- |
| 2015-12-16 | Dividend | $0.60 | -- |
| 2015-09-16 | Dividend | $0.60 | +5.26% |
| 2015-06-17 | Dividend | $0.57 | -- |
| 2015-03-18 | Dividend | $0.57 | -- |
| 2014-12-17 | Dividend | $0.57 | -- |
| 2014-09-17 | Dividend | $0.57 | +5.56% |
| 2014-06-18 | Dividend | $0.54 | -- |
| 2014-03-19 | Dividend | $0.54 | -- |
| 2013-12-18 | Dividend | $0.54 | -- |
| 2013-09-17 | Dividend | $0.54 | +1.89% |
| 2013-06-12 | Dividend | $0.53 | -- |
| 2013-03-18 | Dividend | $0.53 | -- |
| 2012-12-14 | Dividend | $0.53 | -- |
| 2012-09-14 | Dividend | $0.53 | +1.92% |
| 2012-06-13 | Dividend | $0.52 | -- |
| 2012-03-15 | Dividend | $0.52 | -- |
| 2011-12-14 | Dividend | $0.52 | -- |
| 2011-09-14 | Dividend | $0.52 | -- |
| 2011-06-15 | Dividend | $0.52 | -- |
| 2011-03-16 | Dividend | $0.52 | -- |
| 2010-12-15 | Dividend | $0.52 | -- |
| 2010-09-15 | Dividend | $0.52 | -- |
| 2010-06-16 | Dividend | $0.52 | -- |
| 2010-03-17 | Dividend | $0.52 | -- |
| 2009-12-16 | Dividend | $0.52 | -- |
| 2009-09-16 | Dividend | $0.52 | -- |
| 2009-06-17 | Dividend | $0.52 | -- |
| 2009-03-18 | Dividend | $0.52 | -- |
| 2008-12-17 | Dividend | $0.52 | -- |
| 2008-09-17 | Dividend | $0.52 | -- |
| 2008-06-18 | Dividend | $0.52 | -- |
| 2008-03-18 | Dividend | $0.52 | +4.00% |
| 2007-12-14 | Dividend | $0.50 | -- |
| 2007-09-14 | Dividend | $0.50 | -- |
| 2007-06-13 | Dividend | $0.50 | -- |
| 2007-03-16 | Dividend | $0.50 | +2.04% |
| 2006-12-14 | Dividend | $0.49 | -- |
| 2006-09-18 | Dividend | $0.49 | -- |
| 2006-06-15 | Dividend | $0.49 | -- |
| 2006-03-23 | Dividend | $0.49 | +1.03% |
| 2005-12-19 | Dividend | $0.49 | -- |
| 2005-09-19 | Dividend | $0.49 | -- |
| 2005-06-15 | Dividend | $0.49 | -- |
| 2005-03-22 | Dividend | $0.49 | +1.04% |
| 2004-12-15 | Dividend | $0.48 | -- |
| 2004-09-15 | Dividend | $0.48 | -- |
| 2004-06-16 | Dividend | $0.48 | -- |
| 2004-03-18 | Dividend | $0.48 | +1.05% |
| 2003-12-17 | Dividend | $0.48 | -- |
| 2003-09-17 | Dividend | $0.48 | -- |
| 2003-06-16 | Dividend | $0.48 | -- |
| 2003-03-17 | Dividend | $0.48 | +1.06% |
| 2002-12-13 | Dividend | $0.47 | -- |
| 2002-09-16 | Dividend | $0.47 | -- |
| 2002-06-17 | Dividend | $0.47 | -- |
| 2002-03-18 | Dividend | $0.47 | +4.44% |
| 2001-12-14 | Dividend | $0.45 | -- |
| 2001-09-17 | Dividend | $0.45 | -- |
| 2001-06-18 | Dividend | $0.45 | -- |
| 2001-03-19 | Dividend | $0.45 | +9.76% |
| 2000-12-18 | Dividend | $0.41 | -- |
| 2000-09-18 | Dividend | $0.41 | +7.89% |
| 2000-06-19 | Dividend | $0.38 | -- |
| 2000-03-20 | Dividend | $0.38 | -- |
| 1999-12-17 | Dividend | $0.38 | -- |
| 1999-09-17 | Dividend | $0.38 | +5.56% |
| 1999-06-17 | Dividend | $0.36 | -- |
| 1999-03-17 | Dividend | $0.36 | -- |
| 1998-12-17 | Dividend | $0.36 | -- |
| 1998-09-17 | Dividend | $0.36 | +5.88% |
| 1998-06-17 | Dividend | $0.34 | -- |
| 1998-03-19 | Dividend | $0.34 | -- |
| 1997-12-11 | Dividend | $0.34 | -- |
| 1997-09-12 | Dividend | $0.34 | +3.03% |
| 1997-06-18 | Dividend | $0.33 | +200.00% |
| 1997-04-08 | Split | 3-2-for-1 Stock Split | N/A |
| 1997-03-13 | Dividend | $0.33 | -- |
| 1996-12-12 | Dividend | $0.33 | -- |
| 1996-09-18 | Dividend | $0.33 | +4.26% |
| 1996-06-14 | Dividend | $0.31 | -- |
| 1996-03-13 | Dividend | $0.31 | -- |
| 1995-12-14 | Dividend | $0.31 | -- |
| 1995-09-14 | Dividend | $0.31 | +4.44% |
| 1995-06-08 | Dividend | $0.30 | -- |
| 1995-03-21 | Dividend | $0.30 | -- |
| 1994-11-14 | Dividend | $0.30 | +4.65% |
| 1994-08-15 | Dividend | $0.29 | -- |
| 1994-05-09 | Dividend | $0.29 | -- |
| 1994-02-14 | Dividend | $0.29 | +4.88% |
| 1993-10-08 | Dividend | $0.27 | +7.89% |
| 1993-07-12 | Dividend | $0.25 | -- |
| 1993-04-26 | Dividend | $0.25 | -- |
| 1993-01-21 | Dividend | $0.25 | -- |
| 1992-10-08 | Dividend | $0.25 | -- |
| 1992-07-13 | Dividend | $0.25 | -- |
| 1992-04-24 | Dividend | $0.25 | -- |
EGP Dividends vs. Peers
EGP's dividend yield currently ranks #15 of 26 vs. its peers in the REITs - Industrial category.
Looking for More Information on EGP dividends?
Want to see what other sources are saying about Eastgroup Properties Inc's dividends? Try the links below:Eastgroup Properties Inc Common Stock (EGP) Dividend History | Nasdaq
Dividend History for Eastgroup Properties Inc (EGP) - Dividend Investor
Eastgroup Properties Inc (EGP) Dividend History - Seeking Alpha