Easterly Government Properties Announces Quarterly Dividend

Rhea-AI Summary

Easterly Government Properties, Inc. (NYSE: DEA) announced a quarterly cash dividend of $0.265 per common share, payable on May 23, 2023, to shareholders of record as of May 11, 2023. The company specializes in the acquisition, development, and management of Class A commercial properties leased to U.S. Government agencies. With a seasoned management team, Easterly emphasizes its commitment to meeting the needs of mission-critical government entities, working either directly or through the U.S. General Services Administration. This consistent dividend payout reflects the company's ongoing strategy and dedication to providing returns to its shareholders.

Positive

• Quarterly cash dividend of $0.265 per share.
• Dividend reflects ongoing financial commitment to shareholders.
• Focus on Class A commercial properties leased to U.S. Government agencies indicates stable revenue streams.

Negative

• None.

WASHINGTON--(BUSINESS WIRE)-- Easterly Government Properties, Inc. (NYSE: DEA), a fully integrated real estate investment trust focused primarily on the acquisition, development and management of Class A commercial properties leased to U.S. Government agencies, announced today that its Board of Directors has approved a quarterly cash dividend of $0.265 per common share. The dividend will be payable on May 23, 2023 to shareholders of record on May 11, 2023.

About Easterly Government Properties, Inc.

Easterly Government Properties, Inc. (NYSE:DEA) is based in Washington, D.C., and focuses primarily on the acquisition, development and management of Class A commercial properties that are leased to the U.S. Government. Easterly’s experienced management team brings specialized insight into the strategy and needs of mission-critical U.S. Government agencies for properties leased to such agencies either directly or through the U.S. General Services Administration (GSA). For further information on the company and its properties, please visit www.easterlyreit.com.

View source version on businesswire.com: https://www.businesswire.com/news/home/20230426005659/en/

Easterly Government Properties, Inc.

Lindsay S. Winterhalter

Supervisory Vice President, Investor Relations & Operations

202-596-3947

IR@easterlyreit.com

Source: Easterly Government Properties, Inc.

FAQ

What is the dividend amount for DEA in May 2023?

Easterly Government Properties, Inc. announced a dividend of $0.265 per common share.

When will the dividend for DEA be paid?

The dividend will be payable on May 23, 2023.

What is the record date for DEA's dividend?

Shareholders of record for the dividend must own the shares by May 11, 2023.

How often does DEA pay dividends?

Easterly Government Properties, Inc. pays dividends quarterly.