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, set to be paid on March 21, 2023, to shareholders on record by March 9, 2023. The company focuses on acquiring, developing, and managing Class A commercial properties leased to U.S. Government agencies, particularly through the U.S. General Services Administration. This dividend reflects the company’s ongoing commitment to returning value to shareholders while maintaining operations in a stable sector.

Positive

• Quarterly cash dividend of $0.265 approved.
• Dividend payment date set for March 21, 2023.
• Focus on leasing properties to U.S. Government agencies indicates stable income potential.

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 March 21, 2023 to shareholders of record on March 9, 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/20230222005750/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 Easterly Government Properties, Inc. (DEA)?

The dividend amount is $0.265 per common share.

When will the dividend for DEA be paid?

The dividend will be paid on March 21, 2023.

What is the record date for the DEA dividend?

The record date for the dividend is March 9, 2023.

How does Easterly Government Properties generate income?

Easterly Government Properties generates income primarily by leasing Class A commercial properties to U.S. Government agencies.