NEW YORK ( TheStreet) -- The ex-dividend date for EastGroup Properties (NYSE: EGP) is tomorrow, December 14, 2011. Owners of shares as of market close today will be eligible for a dividend of 52 cents per share. At a price of $41.57 as of 10:08 a.m. ET, the dividend yield is 5%. The average volume for EastGroup has been 236,800 shares per day over the past 30 days. EastGroup has a market cap of $1.13 billion and is part of the financial sector and real estate industry. Shares are down 1.7% year to date as of the close of trading on Monday. EastGroup Properties, Inc., a real estate investment trust (REIT), focuses on the development, acquisition, and operation of industrial properties in the United States. The company has a P/E ratio of 54, equal to the average real estate industry P/E ratio and above the S&P 500 P/E ratio of 17.7.
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