- Sign up for TheStreet's FREE Dividend and Income Investor Newsletter
NEW YORK ( TheStreet) -- The ex-dividend date for EastGroup Properties (NYSE: EGP) is tomorrow, March 15, 2012. Owners of shares as of market close today will be eligible for a dividend of 52 cents per share. At a price of $50.13 as of 9:30 a.m. ET, the dividend yield is 4.2%. The average volume for EastGroup has been 198,700 shares per day over the past 30 days. EastGroup has a market cap of $1.27 billion and is part of the financial sector and real estate industry. Shares are up 15% year to date as of the close of trading on Tuesday. 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 59.4, below the average real estate industry P/E ratio of 60.9 and above the S&P 500 P/E ratio of 17.7.