Is EastGroup Properties, Inc. a good dividend stock?

EastGroup Properties, Inc. (EGP) is a dividend-paying stock with a current dividend yield of 2.95%. Review its dividend history, payout consistency and growth to judge whether it fits your income strategy.

What is EGP's dividend yield?

The dividend yield for EGP stock is currently 2.95%.

How much does EGP pay in dividends per year?

EastGroup Properties, Inc. pays an annual dividend of $6.2000 per share over the trailing twelve months.

How often does EGP pay dividends?

EGP stock pays dividends quarterly.

Is EGP's dividend growing?

EastGroup Properties, Inc.'s 3-year dividend CAGR is 7.43%.

EGP Stock Price, Chart, Stats & News

EastGroup Properties, Inc.

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Overview Dividend safety Dividends Fundamentals

EastGroup Properties, Inc. (EGP) is a dividend-paying stock with a current dividend yield of 2.95% as of Jul 9, 2026. It pays $6.20 per share over the trailing twelve months and distributes quarterly. Its dividend has grown at a 14.43% 5-year compound annual rate.

11.31B

Market cap

24.50x

Current P/E

42.02x

Forward P/E

2.95%

Dividend yield

$6.20

EGP dividend

Dividend safety

Moderate

Dividend coverage is moderate for EGP — it pays out about 72% of earnings.

See the safety analysis

EGP chart

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Fundamentals

Gross margin	50.44%
Operating margin	47.02%
Pretax margin	35.78%
Net margin	35.77%
Effective tax rate	–
ROA	4.74%
ROE	7.48%
D/E	0.50x
Interest coverage ratio	10.54x

All financials

EGP valuation

P/E	24.50x
P/S	13.58x
P/B	2.79x
P/CF	20.29x
P/FCF	24.13x
P/OCF	20.29x
PEG	18.12x
EV multiple	16.29x

About

EastGroup Properties, Inc. (NYSE: EGP), a self-administered equity real estate investment trust and an S&P MidCap 400 company, specializes in the development, acquisition, and management of industrial properties. The company concentrates its efforts within major Sunbelt markets across the United States, with a particular focus on Florida, Texas, Arizona, California, and North Carolina. Its central aim is to enhance shareholder value by serving as a leading provider of adaptable, efficient, and high-quality business distribution facilities for location-sensitive clients, generally seeking spaces between 15,000 and 70,000 square feet.