EastGroup Properties, Inc. ( EGP ) will begin trading ex-dividend on December 28, 2018. A cash dividend payment of $0.72 per share is scheduled to be paid on January 15, 2019. Shareholders who purchased EGP prior to the ex-dividend date are eligible for the cash dividend payment. This represents an 12.5% increase over prior dividend payment. At the current stock price of $91.84, the dividend yield is 3.14%.
The previous trading day's last sale of EGP was $91.84, representing a -10% decrease from the 52 week high of $102.05 and a 18.14% increase over the 52 week low of $77.74.
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 $2.5. Zacks Investment Research reports EGP's forecasted earnings growth in 2018 as 9.62%, compared to an industry average of .6%.
Interested in gaining exposure to EGP through an Exchange Traded Fund [ETF]?
The following ETF(s) have EGP as a top-10 holding:
- Invesco DWA Financial Momentum ETF ( PFI )
- Invesco S&P SmallCap Financials ETF ( PSCF )
- 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 )
- iShares Core S&P Small-Cap ETF ( IJR ).
The top-performing ETF of this group is PSCF with an decrease of -19.25% over the last 100 days. PFI has the highest percent weighting of EGP at 3.21%.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of NASDAQ, Inc.