Easterly Government Properties, Inc. (DEA) to Distribute Quarterly Dividend of $0.45 on August 20th

Easterly Government Properties, Inc. (NYSE:DEA) announced a quarterly dividend on Wednesday, July 29th. Investors of record on Monday, August 10th will be paid a dividend of 0.45 per share by the real estate investment trust on Thursday, August 20th. This represents a c) dividend on an annualized basis and a yield of 7.2%. The ex-dividend date is Monday, August 10th.

Easterly Government Properties has decreased its dividend payment by an average of 0.1%annually 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 $3.11 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 57.9%.

Easterly Government Properties Trading Up 0.2%

Shares of Easterly Government Properties stock opened at $24.93 on Friday. The company has a debt-to-equity ratio of 1.26, a current ratio of 3.88 and a quick ratio of 4.01. Easterly Government Properties has a 1 year low of $20.56 and a 1 year high of $25.96. The firm has a market cap of $1.18 billion, a PE ratio of 118.74 and a beta of 0.96. The company has a 50 day simple moving average of $24.58 and a two-hundred day simple moving average of $23.59.

Easterly Government Properties (NYSE:DEA) last issued its quarterly earnings results on Monday, August 3rd. The real estate investment trust reported $0.06 EPS for the quarter, hitting analysts’ consensus estimates of $0.06. Easterly Government Properties had a net margin of 2.86% and a return on equity of 0.75%. The firm had revenue of $92.42 million for the quarter, compared to analyst estimates of $90.94 million. During the same quarter in the prior year, the firm earned $0.74 EPS. The business’s revenue for the quarter was up 9.8% compared to the same quarter last year. Easterly Government Properties has set its FY 2026 guidance at 3.070-3.130 EPS. Analysts expect that Easterly Government Properties will post 3.1 earnings per share for the current fiscal year.

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.