EastGroup Properties's dividends per share for the
three
months ended in Dec. 2023 was $1.27. Its dividends per share for the trailing twelve months (TTM) ended in Dec. 2023 was $5.04. Its Dividend Payout Ratio for the
three
months ended in Dec. 2023 was 1.13. As of today, EastGroup Properties's Dividend Yield % is 3.08%.
Warning Sign:
If a company's dividend payout ratio is too high, its dividend may not be sustainable. The dividend payout ratio of EastGroup Properties Inc is 1.23, which seems too high.
Good Sign:
EastGroup Properties Inc stock dividend yield is close to 5-year high.
During the past 12 months, EastGroup Properties's average Dividends Per Share Growth Rate was 7.20% per year.
During the past 3 years, the average Dividends Per Share Growth Rate was 17.80% per year.
During the past 5 years, the average Dividends Per Share Growth Rate was 14.20% per year.
During the past 10 years, the average Dividends Per Share Growth Rate was 8.70% per year.
Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the average dividends per share growth rate.
During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of EastGroup Properties was 17.80% per year. The lowest was -16.70% per year. And the median was 4.50% per year.
For more information regarding to dividend, please check our Dividend Page.
EastGroup Properties Dividends per Share Historical Data
The historical data trend for EastGroup Properties's Dividends per Share can be seen below:
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
For the REIT - Industrial subindustry, EastGroup Properties's Dividend Yield %, along with its competitors' market caps and Dividend Yield % data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
EastGroup Properties Dividend Yield % Distribution
For the REITs industry and Real Estate sector, EastGroup Properties's Dividend Yield % distribution charts can be found below:
* The bar in red indicates where EastGroup Properties's Dividend Yield % falls into.
EastGroup Properties Dividends per Share Calculation
Dividends paid to per common share.
EastGroup Properties (NYSE:EGP) Dividends per Share Explanation
1. Dividend Payout Ratio measures the percentage of the company's earnings paid out as dividends.
EastGroup Properties's Dividend Payout Ratio for the quarter that ended in Dec. 2023 is calculated as
During the past 13 years, the highest Dividend Payout Ratio of EastGroup Properties was 1.66. The lowest was 1.12. And the median was 1.23.
Warning Sign:
If a company's dividend payout ratio is too high, its dividend may not be sustainable. The dividend payout ratio of EastGroup Properties Inc is 1.23, which seems too high.
2. Dividend Yield % measures how much a company pays out in dividends each year relative to its share price.
EastGroup Properties Recent Full-Year* Dividend History
Amount
Ex-date
Record Date
Pay Date
Type
Frequency
Forex Rate
USD 1.270
2024-03-27
2024-03-28
2024-04-15
Cash Dividend
quarterly
USD:USD 1.000000
USD 1.270
2023-12-28
2023-12-29
2024-01-12
Cash Dividend
quarterly
USD:USD 1.000000
USD 1.270
2023-09-28
2023-09-29
2023-10-13
Cash Dividend
quarterly
USD:USD 1.000000
USD 1.250
2023-06-29
2023-06-30
2023-07-14
Cash Dividend
quarterly
USD:USD 1.000000
* GuruFocus has an internal rule that if the most recent dividend payment frequency is at least 4 times a year, then the full year will be calculated according to the frequency of payment or the one-year time frame, whichever is stricter.
* GuruFocus converts dividend currency to local traded share price currency in order to calculate dividend yield. Please refer to the last column "Forex Rate" in the above table.
EastGroup Properties's Dividend Yield (%) for Today is calculated as
Current Share Price is $165.75.
EastGroup Properties's Dividends per Share for the trailing twelve months (TTM) ended in Today is $5.06.
During the past 13 years, the highest Dividend Yield of EastGroup Properties was 4.62%. The lowest was 1.50%. And the median was 2.89%.
Good Sign:
EastGroup Properties Inc stock dividend yield is close to 5-year high.
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
EastGroup Properties Dividends per Share Related Terms
Thank you for viewing the detailed overview of EastGroup Properties's Dividends per Share provided by GuruFocus.com. Please click on the following links to see related term pages.
EastGroup Properties (EastGroup Properties) Business Description
EastGroup Properties Inc is an equity real estate investment trust. It is engaged in the development, acquisition, and operation of industrial properties in major Sunbelt markets throughout the United States, primarily in the states of Florida, Texas, Arizona, California, and North Carolina. The company manages a portfolio of industrial properties. The vast majority of these properties are multi-tenant business distribution buildings that provide large warehousing and office space for customers. Properties located in Texas and Florida account for most of EastGroup's total real estate portfolio. The company derives its revenue in the form of rental income.
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