Easterly Government Properties, Inc. Plans Quarterly Dividend of $0.45 (NYSE:DEA)

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

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 $3.10 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 Trading Down 1.5%

NYSE:DEA opened at $23.03 on Thursday. The company has a debt-to-equity ratio of 1.22, a current ratio of 3.87 and a quick ratio of 3.87. Easterly Government Properties has a fifty-two week low of $19.33 and a fifty-two week high of $24.94. The stock’s 50-day moving average is $22.70 and its two-hundred day moving average is $22.30. The stock has a market cap of $1.07 billion, a PE ratio of 82.23 and a beta of 0.98.

Easterly Government Properties (NYSE:DEA) last released its earnings results on Monday, February 23rd. The real estate investment trust reported $0.10 earnings per share for the quarter, missing the consensus estimate of $0.77 by ($0.67). Easterly Government Properties had a net margin of 3.87% and a return on equity of 0.94%. The business had revenue of $87.04 million for the quarter, compared to analysts’ expectations of $87.73 million. During the same period last year, the firm earned $0.29 EPS. The company’s 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. As a group, equities research analysts forecast that Easterly Government Properties will post 3.1 earnings per share for the current fiscal year.

Easterly Government Properties Company Profile

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.