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EastGroup pays 119th-straight dividend

JACKSON — EastGroup Properties’ board of directors has declared a quarterly cash dividend of $0.52 per share, payable Sept. 30, 2009, to shareholders of record of common stock on Sept. 18, 2009.

This dividend is the 119th consecutive quarterly distribution to EastGroup’s shareholders and represents an annualized dividend rate of $2.08 per share.

EastGroup’s portfolio currently includes 27.7 million square feet.

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