---
schema_version: "secwatch.filing_event.v1"
accession: "0000049600-22-000104"
form_type: "8-K"
ticker: "EGP"
cik: "0000049600"
company_name: "EASTGROUP PROPERTIES INC"
filed_at: "2022-10-25T23:59:59+00:00"
generated_at: "2026-06-23T01:27:22.537273+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.85
calibrated_materiality_score: 0.85
confidence: "high"
source: SEC EDGAR
---

# EastGroup Q3 FFO per share up 14.2% to $1.77; dividend raised 13.6% to $1.25

## Summary
- Net income $0.87 diluted EPS vs $0.76 YoY; FFO per share $1.77 vs $1.55, up 14.2%.
- Same Property NOI (ex-lease term) rose 8.7% cash, 6.6% straight-line; portfolio 99.0% leased.
- Rental rates on new/renewal leases increased avg 39.4% straight-line; acquired $44M in value-add and land.
- Declared 171st consecutive quarterly dividend, increased $0.15 to $1.25 per share (13.6%).
- Closed $125M term loans at 4.04% avg fixed rate; agreed to $150M unsecured at 4.90-4.95%.

## SEC filing metadata
- accession: 0000049600-22-000104
- form_type: 8-K
- ticker: EGP
- cik: 0000049600
- company_name: EASTGROUP PROPERTIES INC
- filed_at: 2022-10-25T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.85
- calibrated_materiality_score: 0.85
- confidence: high
- sec_items: 2.02, 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/49600/000004960022000104/0000049600-22-000104-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/49600/000004960022000104/egp-20221025.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000049600-22-000104
- JSON: https://secwatch.observer/filing/0000049600-22-000104.json
- Plain text: https://secwatch.observer/filing/0000049600-22-000104.txt

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