EastGroup Properties, Inc. announced that its Board of Directors approved an increase in its quarterly dividend, raising it to $1.27 per share from $1.25 per share. Projected total dividends per share for 2023 are expected to represent an increase of 7.2% over total dividends declared in 2022. The $1.27 per share dividend is payable on October 13, 2023, to shareholders of record of Common Stock on September 29, 2023.