Easterly Government Properties, Inc. (DEA) to Issue Quarterly Dividend of $0.45 on May 21st

Easterly Government Properties, Inc. (NYSE:DEA) announced a quarterly dividend on Wednesday, April 22nd. Stockholders of record on Thursday, May 7th will be paid a dividend of 0.45 per share by the real estate investment trust on Thursday, May 21st. This represents a c) dividend on an annualized basis and a dividend yield of 7.8%. The ex-dividend date is Thursday, May 7th.

Easterly Government Properties has decreased its dividend payment by an average of 0.1%per year over the last three years. Easterly Government Properties has a dividend payout ratio of 225.0% indicating that the company cannot currently cover its dividend with earnings alone and is relying on its balance sheet to cover its dividend payments. Analysts expect Easterly Government Properties to earn $3.10 per share next year, which means the company should continue to be able to cover its $1.80 annual dividend with an expected future payout ratio of 58.1%.

Easterly Government Properties Stock Performance

DEA opened at $22.99 on Tuesday. The company has a current ratio of 4.01, a quick ratio of 4.01 and a debt-to-equity ratio of 1.26. The company has a market cap of $1.07 billion, a price-to-earnings ratio of 95.77 and a beta of 0.98. The company’s 50 day moving average is $22.65 and its 200 day moving average is $22.37. Easterly Government Properties has a 12-month low of $19.82 and a 12-month high of $24.94.

Easterly Government Properties (NYSE:DEA) last posted its quarterly earnings data on Monday, February 23rd. The real estate investment trust reported $0.10 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.77 by ($0.67). Easterly Government Properties had a return on equity of 0.82% and a net margin of 3.22%.The business had revenue of $87.04 million during the quarter, compared to analysts’ expectations of $87.73 million. During the same period in the previous year, the business posted $0.29 EPS. The business’s quarterly revenue was up 11.1% compared to the same quarter last year. Easterly Government Properties has set its FY 2026 guidance at 3.050-3.120 EPS. On average, equities research analysts predict that Easterly Government Properties will post 3.1 EPS for the current year.

Institutional Inflows and Outflows

A number of hedge funds have recently bought and sold shares of DEA. Commonwealth of Pennsylvania Public School Empls Retrmt SYS boosted its stake in shares of Easterly Government Properties by 23.4% during the first quarter. Commonwealth of Pennsylvania Public School Empls Retrmt SYS now owns 29,921 shares of the real estate investment trust’s stock valued at $641,000 after purchasing an additional 5,667 shares during the period. Hsbc Holdings PLC boosted its stake in shares of Easterly Government Properties by 51.3% during the first quarter. Hsbc Holdings PLC now owns 114,839 shares of the real estate investment trust’s stock valued at $2,466,000 after purchasing an additional 38,935 shares during the period. Kestra Advisory Services LLC boosted its stake in shares of Easterly Government Properties by 6.4% during the first quarter. Kestra Advisory Services LLC now owns 247,106 shares of the real estate investment trust’s stock valued at $5,295,000 after purchasing an additional 14,756 shares during the period. Sumitomo Mitsui Trust Group Inc. boosted its stake in shares of Easterly Government Properties by 11.4% during the first quarter. Sumitomo Mitsui Trust Group Inc. now owns 50,160 shares of the real estate investment trust’s stock valued at $1,075,000 after purchasing an additional 5,136 shares during the period. Finally, Resona Asset Management Co. Ltd. boosted its stake in shares of Easterly Government Properties by 4.9% during the first quarter. Resona Asset Management Co. Ltd. now owns 19,561 shares of the real estate investment trust’s stock valued at $423,000 after purchasing an additional 915 shares during the period. Institutional investors own 86.51% of the company’s stock.

About Easterly Government Properties

Easterly Government Properties, Inc is a real estate investment trust that specializes in the acquisition, development and management of commercial properties leased to U.S. government agencies. Structured as a triple-net lease REIT, the company focuses on single-tenant assets with long-term, credit-backed leases that transfer most property-level responsibilities—including taxes, insurance and maintenance—to its government tenants.

The firm’s portfolio encompasses a variety of facility types, including office buildings, training centers, laboratories and mission-critical installations used by federal agencies.