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At the height of COVID-19 pandemic, the nation’s unemployment rate soared to 15%, the Bureau of Labor Statistics reports. The fallout on American workers was immediate as many lost their paychecks or saw their wages plummet overnight. However, broadly speaking, in much of the country, the economic damage from the pandemic did not prove to […]

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JACKSON, Miss., Dec. 1, 2021 /PRNewswire/ -- EastGroup Properties (NYSE: EGP) (the "Company", "EastGroup") announced today that its Board of Directors approved a 22.2% increase in its quarterly dividend, raising it to $1.10 per share from $0.90 per share.  The dividend is payable on January 15, 2022 to shareholders of record of Common Stock on December 31, 2021.  This dividend is the 168th consecutive quarterly distribution to EastGroup's shareholders and represents an annualized dividend rate of $4.40 per share.  EastGroup has increased or maintained its dividend for 29 consecutive years.  The Company has increased it 26 years over that period, including increases in each of the last 10 years.

Cigarette sales climbed in the U.S. in 2020 for the first time in two decades. Americans bought a total of 203.7 billion cigarettes last year, up from 202.9 billion the year before, according to a Federal Trade Commision report. The uptick coincided with increased cigarette promotional and ad spending by tobacco companies. Smoking claims nearly […]

The U.S. violent crime rate — an annual, population-adjusted measure of cases of rape, robbery, aggravated assault, and homicide — climbed by 5% in 2020. The increase was driven by a rise in aggravated assault and, most notably, a historic 29% surge in homicides that made 2020 the deadliest year in the United States since […]