EastGroup Properties, Inc.
EGPReal Estate · Stock · quarterly payer
Forward Yield
2.79%
Annual Dividend
$6.20
Payout Ratio
110%
5-Yr Growth
13.9%
Ex-Date
Jun 30, 2026
Frequency
Quarterly
Summary
As of July 2026, EastGroup Properties, Inc. (EGP) yields 2.79% ($6.20 per share annually), with a blended fair-value estimate of $99.26 — -55% downside, so it screens as overvalued. Dividend safety grade: A (88/100). 14 years of dividend growth.
Is EGP a good dividend stock?
YesEastGroup Properties, Inc. (EGP) pays a quarterly dividend yielding 2.79% ($6.20/yr), with 14 years of growth and a dividend-safety grade of A. It scores well across payout coverage, growth history and safety — a dependable income holding.
Advantages
- 14 consecutive years of dividend growth
- Strong 13.9% 5-yr dividend growth
- Top-tier dividend safety score
Risks
- Cut its dividend in 1992
- Elevated payout ratio (110%)
Key Data
- Dividend Yield
- 2.79%
- Payout Ratio
- 110%
- Annual Dividend
- $6.20
- 5-Yr Avg Growth
- 13.9%
- Ex-Dividend Date
- Jun 30, 2026
- Years of Growth
- 14
- Frequency
- quarterly
- Beta
- 1.05
- Market Cap
- $11.9B
- P/E Ratio
- 40.1
- 5-Yr Total Return
- 23%
- 52-Week Range
- $159.37 – $226.71
- Dividend Safety
- A · 88/100
- Ever Cut?
- Yes (1992)
Frequently Asked Questions
EGP Price — Last 12 Months
Daily close
Price Return
1 Year
+31%
3 Years
+24%
5 Years
+23%
52-Week Range
$159.37 – $226.71
Price change over each period (excludes dividends). Past performance doesn't guarantee future results.
What is EGP worth?
Overvaluedlow confidenceOur blended fair-value estimate for EastGroup Properties, Inc. is $99.26 per share, versus a market price of $222.20. That implies 55% of downside.
Fair Value
$99.26
Current Price
$222.20
Downside
-55%
Margin of Safety
-124%
How we get there
Dividend discount
Discounts the future dividend stream back to today.
Assumptions: 9.5% discount rate (CAPM), 4.7% stage-1 growth, 2.5% terminal growth, $5.51 EPS, $6.20 annual dividend. Updated weekly.
Fair-value estimates are model output for educational purposes only — not investment advice or a price target.
EGP Dividend Safety Score
Very Safe
SmarterDividends' proprietary score, backtested against which dividends were actually cut over 15+ years (0.78 AUC). It blends a validated cut-risk model (growth streak, cut history) with current payout, cash-flow and debt. Higher is safer · not investment advice.
Dividend Growth
Total dividends per share by year
Dividend History
| Ex-Date | Pay Date | Amount | Type |
|---|---|---|---|
| Jun 30, 2026 | — | $1.5500 | regular |
| Mar 31, 2026 | — | $1.5500 | regular |
| Dec 31, 2025 | — | $1.5500 | regular |
| Sep 30, 2025 | — | $1.5500 | regular |
| Jun 30, 2025 | — | $1.4000 | regular |
| Mar 31, 2025 | — | $1.4000 | regular |
| Dec 31, 2024 | — | $1.4000 | regular |
| Sep 30, 2024 | — | $1.4000 | regular |
| Jun 28, 2024 | — | $1.2700 | regular |
| Mar 27, 2024 | — | $1.2700 | regular |
| Dec 28, 2023 | — | $1.2700 | regular |
| Sep 28, 2023 | — | $1.2700 | regular |
| Jun 29, 2023 | — | $1.2500 | regular |
| Mar 30, 2023 | — | $1.2500 | regular |
Income Calculator
At $6.20 / yr per share
