---
schema_version: "secwatch.filing_event.v1"
accession: "0000049600-22-000018"
form_type: "8-K"
ticker: "EGP"
cik: "0000049600"
company_name: "EASTGROUP PROPERTIES INC"
filed_at: "2022-02-08T23:59:59+00:00"
generated_at: "2026-06-27T10:18:51.313565+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.8
calibrated_materiality_score: 0.8
confidence: "high"
source: SEC EDGAR
---

# EastGroup Q4 FFO $1.62 (+17.4% YoY), dividend +22.2%, issues $150M 3.03% notes

## Summary
- Q4 2021 FFO $1.62/share (vs $1.38 in Q4 2020, +17.4%); EPS $1.75 on $39M gains from property sales.
- Same property NOI (ex-terminations) up 6.4% cash and 8.1% straight-line; rent growth on new/renewal leases +31.5%.
- Operating portfolio 98.7% leased, 97.4% occupied; average Q4 occupancy 97.3%.
- Declared quarterly dividend $1.10/share, a 22.2% increase from $0.90; 168th consecutive quarterly dividend.
- Issued $150M senior notes at 3.03% fixed, 10-year maturity due April 2032, unsecured with customary covenants.

## SEC filing metadata
- accession: 0000049600-22-000018
- form_type: 8-K
- ticker: EGP
- cik: 0000049600
- company_name: EASTGROUP PROPERTIES INC
- filed_at: 2022-02-08T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.8
- calibrated_materiality_score: 0.8
- confidence: high
- sec_items: 1.01, 2.02, 2.03, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/49600/000004960022000018/0000049600-22-000018-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/49600/000004960022000018/egp-20220208.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000049600-22-000018
- JSON: https://secwatch.observer/filing/0000049600-22-000018.json
- Plain text: https://secwatch.observer/filing/0000049600-22-000018.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.