EastGroup Increases Dividend by 4.2%

EastGroup Properties' third quarter 2019 dividend will be $0.75 per share, an increase from $0.72 per share from the previous quarter, equating to an annualized dividend rate of $3.00 per share. Over the course of the past 27 years, EastGroup Properties has either increased or maintained its dividend distribution, with an increase in each of the last eight years.