JACKSON, MS, Sept. 2, 2010– EastGroup Properties (NYSE-EGP) announced today that its Board of Directors declared a quarterly cash dividend of $.52 per share payable on September 30, 2010 to shareholders of record of Common Stock on September 17, 2010.
This dividend is the 123rd consecutive quarterly distribution to EastGroup's shareholders and represents an annualized dividend rate of $2.08 per share.
Contact:
David H. Hoster II, President and Chief Executive Officer, (601) 354-3555, Fax: 601/352-1441
N. Keith McKey, Chief Financial Officer, 601/354-3555
P.O. Box 22728, Jackson, MS 39225-2728
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