EastGroup Properties, Inc. Aktie News

JACKSON, Miss. , May 23, 2024 /PRNewswire/ -- EastGroup Properties (NYSE: EGP) (the "Company", "EastGroup") announced today that its Board of Directors declared a quarterly cash dividend of $1.27 per share payable on July 15, 2024, to shareholders of record of Common Stock on June 28, 2024.

I have made a lot of money investing in REITs. But at times, I have also suffered major losses due to poor decisions. Here is what I wish I knew before I got started.

The stock market reacted to the Federal Reserve's decisions with initial optimism, then reverted to pessimism, and now seems back to optimism. Fed Chair Jay Powell does not expect inflation to return to the target of 2% in the next few months but believes it will come down later this year. There are weakening trends in small business, the labor market, and consumer finances that lead me to beli...

There are two types of REITs: COWs (Cash Only Wanted) that focus on high dividend yield, and FROGs (Fast Rate of Growth) that prioritize maximizing total return. Higher yield usually means lower gain, and vice versa, so investors generally have to choose between the two. This article lists 13 REITS that have grown Funds From Operations at double-digit rates, maintain ample liquidity, and have o...

Blackstone's NAV REIT, BREIT, raised $66 billion from 2017 to 2022, surpassing all publicly-listed REITs in equity raised in 2022 alone. BREIT's ability to redeem shares at reported NAV distinguishes it from other non-traded REITs. Despite its strong performance, BREIT faces challenges such as high front-end loads, front-end dividends, and high management fees.

U.S. equity markets rebounded from their worst weekly decline in a year despite a continued uplift in benchmark interest rates, as a solid start to earnings season counteracted disappointing economic data. Ahead of the Fed's policy meeting in the week ahead, markets were confounded - albeit temporarily - by a "jarring" GDP report that showed a return of "stagflationary" trends. Defying the macr...

The near-closure of the Winnsboro TV factory in South Carolina highlights the global economy's interconnectedness as well as the pitfalls of trade barriers. Rising barriers to international trade, excessive government debt, and aging demographics are major headwinds to economic growth. The trade war with China has not resulted in a return of manufacturing jobs to the US and may hinder long-term...

EastGroup Properties, Inc. (NYSE:EGP ) Q1 2024 Earnings Conference Call April 24, 2024 11:00 AM ET Company Participants Marshall Loeb - President & CEO Keena Frazier - Director of Leasing Statistics Brent Wood - EVP & CFO Conference Call Participants Jeff Spector - Bank of America Eric Warden - BMO Capital Markets Craig Mailman - Citibank William Crow - Raymond James Mike Keller - JPMorgan Todd...