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Easterly Government Properties Announces Quarterly Dividend
Rhea-AI Impact
(Low)
Rhea-AI Sentiment
(Neutral)
Tags
dividends
Rhea-AI Summary
Easterly Government Properties, Inc. (NYSE: DEA) has announced a quarterly cash dividend of $0.265 per common share, payable on May 25, 2022, to shareholders recorded by May 13, 2022. The company specializes in acquiring, developing, and managing Class A commercial properties leased to U.S. Government agencies, leveraging its management team's expertise for mission-critical needs. This dividend reflects the company's commitment to shareholder returns amidst its strategic focus on government-based real estate.
Positive
Quarterly cash dividend of $0.265 per share signifies strong shareholder returns.
Focus on Class A commercial properties leased to U.S. Government ensures stable income.
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 25, 2022 to shareholders of record on May 13, 2022.
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.
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 announced by Easterly Government Properties (DEA)?
Easterly Government Properties announced a quarterly cash dividend of $0.265 per common share.
When will the dividend be paid to investors of DEA?
The dividend will be payable on May 25, 2022, to shareholders of record on May 13, 2022.
How does Easterly Government Properties ensure stability in its income?
Easterly Government Properties focuses on acquiring and managing Class A commercial properties leased to U.S. Government agencies, which provides a stable income stream.
