Easterly Government Properties Announces Tax Characteristics of Its 2021 Distributions

Rhea-AI Summary

Easterly Government Properties (NYSE: DEA) has announced the tax characteristics of its 2021 common stock distributions. Shareholders will receive tax information via Form 1099-DIV. Key details include:

• Record Dates: March 5, May 14, August 12, November 12, 2021.
• Dividend Per Share: Ranges from $0.2600 to $0.2650.
• Total Dividends: $1.0500 per share, with components categorized as ordinary taxable dividends and returns of capital.

Investors are advised to consult tax professionals for guidance on tax treatment.

Positive

• Total dividends of $1.0500 per share reflect a steady income for investors.
• Components of dividends categorized as ordinary taxable dividends and returns of capital provide transparency for tax purposes.

Negative

• None.

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 2021 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)
3/5/2021		3/17/2021		$0.2600		$0.1415		$0.1185		$0.0000		$0.0000		$0.1415
5/14/2021		5/26/2021		$0.2600		$0.1415		$0.1185		$0.0000		$0.0000		$0.1415
8/12/2021		8/24/2021		$0.2650		$0.1442		$0.1208		$0.0000		$0.0000		$0.1442
11/12/2021		11/24/2021		$0.2650		$0.1442		$0.1208		$0.0000		$0.0000		$0.1442
Totals:				$1.0500		$0.5714		$0.4786		$0.0000		$0.0000		$0.5714
Percent of Total:				100.00%		54.43%		45.57%		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/20220118005880/en/

Easterly Government Properties, Inc.

Lindsay S. Winterhalter

Vice President, Investor Relations & Operations

202-596-3947

IR@easterlyreit.com

Source: Easterly Government Properties, Inc.

FAQ

What are the key dates for Easterly Government Properties' 2021 distributions?

The key dates for Easterly Government Properties' 2021 distributions are March 5, May 14, August 12, and November 12.

What is the total dividend amount per share for DEA in 2021?

The total dividend amount per share for DEA in 2021 is $1.0500.

How should shareholders report 2021 distributions from Easterly Government Properties?

Shareholders should report 2021 distributions from Easterly Government Properties using Form 1099-DIV.

What is the dividend per share for March 2021 for DEA?

The dividend per share for March 2021 for DEA is $0.2600.

What are the components of the dividends distributed by Easterly Government Properties?

The components of the dividends distributed include ordinary taxable dividends and returns of capital.