JACKSON, MS– EastGroup Properties (NYSE-EGP) announced today that its Board of Directors declared a quarterly cash dividend of $.52 per share payable on December 31, 2009 to shareholders of record of Common Stock on December 18, 2009. This dividend is the 120th consecutive quarterly distribution to EastGroup's shareholders and represents an annualized dividend rate of $2.08 per share.
CONTACT:
David H. Hoster II, President and Chief Executive Officer, (601) 354-3555
N. Keith McKey, Chief Financial Officer, (601) 354-3555
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