Home » Economy » EastGroup Properties Increases Quarterly Dividend to $1.27/share and Forecasts 7.2% Dividend Growth in 2023

EastGroup Properties Increases Quarterly Dividend to $1.27/share and Forecasts 7.2% Dividend Growth in 2023

2023-08-26 03:32:34

EastGroup Properties, Inc. announced that its board of directors has approved an increase in its quarterly dividend from $1.25 to $1.27 per share. Total forecast dividends per share for 2023 are expected to represent a 7.2% increase over total dividends declared in 2022. The dividend of $1.27 per share is payable on October 13, 2023 to shareholders of record on the common stock register on September 29, 2023.

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