This REIT Just Gave Its Investors a 22.2% Raise

If there's one thing investors should know about EastGroup Properties (NYSE: EGP), it's that the real estate investment trust (REIT) isn't stingy. The industrial-focused REIT recently increased its dividend by an impressive 22.2%. That's the second raise it has given investors this year and adds to its tally over the past few decades. 

Here's a closer look at EastGroup's dividend, what's driving this year's big boost, and what investors should expect from the REIT in the future.

Image source: Getty Images.

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Source Fool.com