Bullish Stock With Highest All-Time High: $EGP $COR $DAR – Wire Real Estate

Bullish Stock With Highest All-Time High: $EGP $COR $DAR




Sep 1, 2020

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Eastgroup Properties is bullish as its declares increased dividend

https://themarketsignal.com/Free-Report/EGP

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Eastgroup Properties Inc. (NYSE:EGP) is trading at $133.16 near its all-time high of $142.69

EastGroup has declared a dividend of $.79 per share representing a 5.3% increase from $.75 per share. The dividend will be payable on October 15, 2020 to shareholders of record Common Stock. This is the company's 163rd consecutive quarterly dividend and represents an annualized dividend rate of $3.16 per share.

The company has a culture of maintaining of increasing dividends which has been around for the last 28 years. The company has increased dividends for 25 years within that period.

Another bullish stock is CoreSite Realty as it expands its Board of Directors

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CoreSite Realty Corp. (NYSE:COR) is trading at $122.45 near its all time high of $130.56

CoreSite Realty Corp has appointed Patricia Higgins to its board of directors as an independent director effective August 26, 2020. Higgins is a retired President and Chief Executive Officer and a director of Switch and Data Facilities, Inc. Ten appointment of Ms. Higgins expands the board to nine members.

Darling Ingredients is bullish as its announces increased earnings

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Darling Ingredients Inc. (NYSE:DAR) is trading at $31.97 near its all time high of $33.73

Darling Ingredients has announced $65.4 million, or $0.39 per GAAP diluted share in net income for the 2Q of 2020. During the quarter, the company reported $848.7 million in net sales and combined adjusted EBITDA of $195.2 million. During the quarter, the company reported $126.1 million in core business EBITDA. This represents a $16 million increase from what was reported in the first quarter of 2020.

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