|Bid||134.50 x 800|
|Ask||134.56 x 1200|
|Day's Range||133.58 - 135.29|
|52 Week Range||83.40 - 153.26|
|Beta (5Y Monthly)||0.74|
|PE Ratio (TTM)||43.52|
|Earnings Date||Feb 04, 2021 - Feb 08, 2021|
|Forward Dividend & Yield||3.16 (2.37%)|
|Ex-Dividend Date||Sep 29, 2020|
|1y Target Est||141.50|
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 annualized dividend rate of $3.16 per share. EastGroup has increased or maintained its dividend for 28 consecutive years. The Company has increased it 25 years over that period, including increases in each of the last nine years.
The Zacks Analyst Blog Highlights: Prologis, Duke Realty Corp, Rexford Industrial Realty and EastGroup Properties
With the pandemic fueling online orders and substantially boosting e-commerce's share of total retail sales this shopping season, industrial REITs have solid chances to excel in the upcoming period.