EastGroup Properties Announces 181st Consecutive Quarterly Cash Dividend

Group 1 - EastGroup Properties declared a quarterly cash dividend of $1.40 per share, payable on April 15, 2025, to shareholders of record on March 31, 2025 [1] - This dividend marks the 181st consecutive quarterly distribution and represents an annualized dividend rate of$5.60 per share [1] - EastGroup has maintained or increased its dividend for 32 consecutive years, with increases in 29 of those years, including each of the last 13 years [1] Group 2 - EastGroup is a self-administered equity real estate investment trust focused on the development, acquisition, and operation of industrial properties in high-growth markets across the United States [2] - The company emphasizes markets in Texas, Florida, California, Arizona, and North Carolina, aiming to maximize shareholder value by providing quality business distribution space [2] - EastGroup's portfolio includes approximately 63.1 million square feet, encompassing development projects and value-add acquisitions [2]