Easterly Government Properties Announces Tax Characteristics of Its 2023 Distributions

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Easterly Government Properties, Inc. (NYSE: DEA) announced the tax characteristics of the 2023 distributions on its common stock. The tax reporting will be done on Form 1099-DIV and shareholders are encouraged to consult with their personal tax advisors as to the specific tax treatment of these distributions. The distributions on Easterly Common Shares for 2023 total $1.0600, with $0.4272 being ordinary taxable dividends and $0.6328 being a return of capital. The company's distributions are as follows: 3/9/2023 - $0.2650 per share, 5/11/2023 - $0.2650 per share, 8/17/2023 - $0.2650 per share, 11/9/2023 - $0.2650 per share.

WASHINGTON--(BUSINESS WIRE)-- Easterly Government Properties, Inc. (NYSE: DEA) (“Easterly” or the “Company”), a fully integrated real estate investment trust focused primarily on the acquisition, development and management of Class A commercial properties leased to the U.S. Government, announced the tax characteristics of the 2023 distributions on its common stock. The tax reporting will be done on Form 1099-DIV and shareholders are encouraged to consult with their personal tax advisors as to the specific tax treatment of these distributions. The characteristics of the Company's distributions are as follows:

Distributions on Easterly Common Shares:

Record Date	Payment Date	Dividend Per Share	Ordinary Taxable Dividend	Return of Capital	Capital Gain	Unrecaptured Sec. 1250 Capital Gain	Section 199A Dividend (1)
3/9/2023	3/21/2023	$0.2650	$0.1068	$0.1582	$0.0000	$0.0000	$0.1068
5/11/2023	5/23/2023	$0.2650	$0.1068	$0.1582	$0.0000	$0.0000	$0.1068
8/17/2023	8/29/2023	$0.2650	$0.1068	$0.1582	$0.0000	$0.0000	$0.1068
11/9/2023	11/21/2023	$0.2650	$0.1068	$0.1582	$0.0000	$0.0000	$0.1068
Totals:		$1.0600	$0.4272	$0.6328	$0.0000	$0.0000	$0.4272
Percent of Total:		100.00%	40.31%	59.69%	0.00%	0.00%
(1) The amounts are included in the Ordinary Taxable Dividend amounts.

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 either directly to such agencies 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/20240118709177/en/

Easterly Government Properties, Inc.

Lindsay S. Winterhalter

Senior Vice President, Investor Relations & Operations

202-596-3947

IR@easterlyreit.com

Source: Easterly Government Properties, Inc.

FAQ

What is the ticker symbol of Easterly Government Properties, Inc.?

The ticker symbol of Easterly Government Properties, Inc. is DEA.

What are the tax characteristics of the 2023 distributions on Easterly Government Properties, Inc. common stock?

The tax characteristics of the 2023 distributions on Easterly Government Properties, Inc. common stock are as follows: Distributions total $1.0600, with $0.4272 being ordinary taxable dividends and $0.6328 being a return of capital. The distributions occurred on 3/9/2023, 5/11/2023, 8/17/2023, and 11/9/2023, with each being $0.2650 per share.

How should shareholders handle the tax reporting for Easterly Government Properties, Inc. distributions?

Shareholders are encouraged to consult with their personal tax advisors as to the specific tax treatment of the distributions on Easterly Government Properties, Inc. common stock. The tax reporting will be done on Form 1099-DIV.