DividendologyPublished 2026-09-15
“4 NEW Dividend Increases You Need to Know About!”
$EGPBullish
EGP's high projected AFO per share growth (7-10%) justifies its current premium valuation and makes it a reasonable investment.
Now we come to a large dividend hike from a real estate investment trust. It's incredibly rare we see this large of a dividend hike from a REIT. Well, we have Eastgroup properties with a 12.9% dividend increase.
Now, if we look at this REIT over the last year, it's a very different story from the majority of REITs. They're up by 18.8. 8%. However, take a close look here. We've seen quite a bit of a sell-off since midsummer.
At one point, they were trading at $223 a share, now down to about 198. So, really in the last month now, down by about 3.28%.