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20161009

EastGroup Properties: Is This 3.6% Dividend Yield REIT Safe?

EastGroup Properties (EGP) is an industrial REIT that offers a 3.6% dividend yield, and it just sold off 9% in the last two weeks. In this article we consider whether the sell-off makes this an attractive income play for investors, or whether it’s just a value trap. Is EastGroup Properties Safe?

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