Page title
Section title
- Dividend Yield
- 2.99%
- Payout Ratio
- 105.83%
- Dividend Amount Per Share
- $5.08
- Last Ex-Dividend Date
- Sep 30, 2024
EGP Dividend Safety
EGP paid out 105.83% of its $200M earnings as dividends over the last 12 months.
Unsafe
Very Unsafe
Unsafe
Somewhat Safe
Safe
Very Safe
Dividend Payout Ratio
EGP's Dividend Payout Ratio of 105.833% is considered high for the Real Estate sector, potentially restricting the funds available for reinvestment and threatening future growth.
Interest Rate Coverage
EGP's Interest Coverage Ratio of 8.203 indicates strong financial health with easy coverage of interest expenses.
Income Quality
EGP shows excellent income quality with a ratio of 1.686. This indicates high-quality earnings and low risk of dividend cuts.
EGP Dividend Growth
EastGroup Properties, Inc.(EGP) offers a dividend yield of 2.99% and pays $5.08 in dividends per share. Explore the historical dividend growth of EGP.
Dividend Stability
EGP has maintained stable dividend payments over the past 11 years with no cuts over 5%.
Dividend Growth
EGP's dividend payments have increased by 13.296% annually over the last 5 years.
Earnings Growth
EGP's earnings have grown by 18.162% annually over the last 5 years. This strong earnings growth suggests a stable and increasing income stream, supporting the sustainability and potential growth of dividend payouts.
EGP Dividend Yield Attractiveness
EastGroup Properties, Inc.(EGP) provides a dividend yield of 2.99%. Compare this with the averages of its peers, industry, and sector to see how it stacks up.
Yield %
2.99%
3.51%
4.67%
6.33%
Dividend Yield
EGP's dividend yield of 2.99% is considered good compared to the sector average of 6.326%, providing a strong safety margin for investors.
EGP Cash Flow
Over the past 12 months, EGP generated $609M in revenue, produced $342M in free cash flow, and distributed $238M in dividends.
Free Cash Flow Growth
EGP's free cash flow has grown by 12.667% annually over the last 5 years, indicating a strong ability to generate cash and support dividend payments.
EGP Free Cash Flow and Dividends Paid
This chart shows the Free Cash Flow (FCF) and the portion of FCF used to pay dividends each year by EastGroup Properties, Inc.. The filled portion of the bar represents the dividends paid, while the remaining portion represents the remaining FCF.