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Easterly Government Properties Announces Quarterly Dividend

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Easterly Government Properties (NYSE: DEA) has announced a quarterly cash dividend of $0.26 per common share. The dividend will be payable on May 26, 2021, to shareholders on record as of May 14, 2021. The company specializes in the acquisition and management of Class A commercial properties leased to U.S. Government agencies, providing investors with consistent income opportunities.

Positive
  • Quarterly cash dividend of $0.26 per common share announced.
  • Dividend payment expected to strengthen investor confidence.
Negative
  • None.

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 $0.26 per common share. The dividend will be payable on May 26, 2021 to shareholders of record on May 14, 2021.

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.

FAQ

What is the dividend amount for DEA shareholders?

The announced dividend amount for DEA shareholders is $0.26 per common share.

When will the dividend be paid to DEA shareholders?

The dividend will be paid on May 26, 2021, to shareholders of record on May 14, 2021.

How often does DEA pay dividends?

Easterly Government Properties typically pays dividends quarterly.

Is the dividend from DEA sustainable?

While the dividend is a positive indicator, its sustainability depends on the company's ongoing financial performance and property management.

Easterly Government Properties, Inc.

NYSE:DEA

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98.83M
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REIT - Office
Real Estate Investment Trusts
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United States of America
WASHINGTON