Credit: Shutterstock photoEastGroup Properties, Inc. ( EGP ) will begin trading ex-dividend on December 14, 2017. A cash dividend payment of $0.64 per share is scheduled to be paid on December 29, 2017. Shareholders who purchased EGP prior to the ex-dividend date are eligible for the cash dividend payment. This represents an 3.23% increase over prior dividend payment. At the current stock price of $90.75, the dividend yield is 2.82%.
The previous trading day's last sale of EGP was $90.75, representing a -4.5% decrease from the 52 week high of $95.03 and a 34.07% increase over the 52 week low of $67.69.
EGP is a part of the Consumer Services sector, which includes companies such as American Tower Corporation (REIT) ( AMT ) and Simon Property Group, Inc. ( SPG ). EGP's current earnings per share, an indicator of a company's profitability, is $2.38. Zacks Investment Research reports EGP's forecasted earnings growth in 2017 as 5.17%, compared to an industry average of -.4%.
For more information on the declaration, record and payment dates, visit the EGP Dividend History page. Our Dividend Calendar has the full list of stocks that have an ex-dividend today.
Interested in gaining exposure to EGP through an Exchange Traded Fund [ETF]?
The following ETF(s) have EGP as a top-10 holding:
- PowerShares S&P SmallCap Financials Portfolio ( PSCF )
- PowerShares S&P SmallCap Low Volatility Portfolio ( XSLV )
- iShares S&P Small-Cap 600 Growth ETF ( IJT )
- SPDR S&P 600 Small Cap Growth ETF (based on S&P SmallCap 600 G ( SLYG )
- Vanguard S&P Small-Cap 600 Growth ETF ( VIOG ).
The top-performing ETF of this group is VIOG with an increase of 6.2% over the last 100 days. PSCF has the highest percent weighting of EGP at 1.8%.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
