EastGroup Properties Announces 119th Consecutive Quarterly Cash Dividend
August 26 2009 - 8:17AM
PR Newswire (US)
JACKSON, Miss., Aug. 26 /PRNewswire-FirstCall/ -- EastGroup
Properties (NYSE:EGP) announced today that its Board of Directors
declared a quarterly cash dividend of $.52 per share payable on
September 30, 2009 to shareholders of record of Common Stock on
September 18, 2009. This dividend is the 119th consecutive
quarterly distribution to EastGroup's shareholders and represents
an annualized dividend rate of $2.08 per share. (Logo:
http://www.newscom.com/cgi-bin/prnh/20030519/EGPLOGO) EastGroup
Properties, Inc. is a self-administered equity real estate
investment trust focused on the development, acquisition and
operation of industrial properties in major Sunbelt markets
throughout the United States with an emphasis in the states of
Florida, Texas, Arizona and California. Its strategy for growth is
based on its property portfolio orientation toward premier business
distribution facilities clustered near major transportation
features. EastGroup's portfolio currently includes 27.7 million
square feet. EastGroup Properties, Inc. press releases are
available at http://www.eastgroup.net/.
http://www.newscom.com/cgi-bin/prnh/20030519/EGPLOGODATASOURCE:
EastGroup Properties CONTACT: David H. Hoster II, President and
Chief Executive Officer, or N. Keith McKey, Chief Financial
Officer, both of EastGroup Properties, Inc., +1-601-354-3555 Web
Site: http://www.eastgroup.net/
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