Easterly Government Properties Announces Quarterly Dividend

Rhea-AI Summary

Easterly Government Properties, Inc. (NYSE: DEA) has declared a quarterly cash dividend of $0.265 per common share, scheduled for payment on March 22, 2022, to shareholders on record as of March 10, 2022. This action reflects the company’s commitment to returning value to its shareholders, linked to its strategy of acquiring and managing Class A commercial properties leased to U.S. Government agencies. Easterly focuses on mission-critical properties, leveraging its experienced management team to meet government needs effectively.

Positive

• Quarterly cash dividend of $0.265 per share approved.
• Dividend payment showcases commitment to shareholder value.

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• 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 March 22, 2022 to shareholders of record on March 10, 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.

View source version on businesswire.com: https://www.businesswire.com/news/home/20220223005331/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 announced by DEA?

Easterly Government Properties has announced a quarterly cash dividend of $0.265 per common share.

When will the dividend be paid to shareholders of DEA?

The dividend will be payable on March 22, 2022.

What is the record date for the DEA dividend?

The record date for the dividend is March 10, 2022.

How does DEA generate revenue for its dividends?

DEA generates revenue by acquiring and managing Class A commercial properties leased to U.S. Government agencies.