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Easterly Government Properties, Inc. - $DEA STOCK NEWS

Welcome to our dedicated page for Easterly Government Properties news (Ticker: $DEA), a resource for investors and traders seeking the latest updates and insights on Easterly Government Properties stock.

Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect Easterly Government Properties's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.

Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of Easterly Government Properties's position in the market.

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Easterly Government Properties, Inc. (NYSE: DEA) is acquiring two government facilities leased to the U.S. Department of Homeland Security in Orlando, Florida, further expanding its real estate portfolio. The acquisitions include the HSI facility with a 15-year lease and the ICE facility with a 20-year lease. The company has also raised its full-year 2024 Core FFO per share guidance to $1.15 - $1.17.

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Easterly Government Properties, Inc. (NYSE: DEA) reported net income of $4.9 million for the first quarter of 2024, with Core FFO of $30.8 million. The company received an investment grade credit rating of BBB, extended a term loan, achieved a reduction in margin spreads, and secured a 20-year lease for a Federal courthouse in Flagstaff. The company also engaged in forward sales transactions and approved a cash dividend for shareholders.

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Easterly Government Properties, Inc. (NYSE: DEA) declares a quarterly cash dividend of $0.265 per common share, demonstrating financial stability and commitment to shareholders. The dividend is payable on May 21, 2024, to shareholders of record on May 9, 2024.

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Easterly Government Properties, Inc. (NYSE: DEA) releases its Annual Environmental, Social, and Governance (ESG) Report, highlighting a 4% decrease in total portfolio energy consumption and achieving 16 ENERGY STAR Certifications. The company also secured a 20-year lease to develop a LEED Silver, net zero Federal courthouse in Flagstaff, Arizona. Easterly's ESG initiatives included reducing its carbon footprint, employee engagement, charitable giving, and maintaining a diverse workforce. The Company's commitment to sustainability and community investment has been recognized through various accolades and initiatives.
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Easterly Government Properties (DEA) acquires a 135,200 SF U.S. Immigration and Customs Enforcement Information Technology Facility near Dallas, Texas, with a 20-year lease term. The facility is primarily leased to ICE and features additional private tenants with long-term leases, enhancing cashflows and growth potential for shareholders.
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Easterly Government Properties, Inc. (NYSE: DEA) will release its first quarter 2024 financial results on April 30, 2024. A conference call will be held to review performance, recent events, and conduct a Q&A session.
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Easterly Government Properties, Inc. (NYSE: DEA) secures a 20-year lease for a 50,777 RSF federal courthouse in Flagstaff, Arizona, marking its first net zero development project. The state-of-the-art courthouse will be built to Level III security standards and LEED Silver certification, showcasing Easterly's commitment to ESG principles. The project is set to commence in late 2024 or early 2025, with an expected completion in the first half of 2026.
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Easterly Government Properties, Inc. (NYSE: DEA) will present at the Citi 2024 Global Property CEO Conference in Florida. Investors can listen to the live audio-webcast on the company's Investor Relations website.
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Easterly Government Properties, Inc. (NYSE: DEA) reported net income of $4.8 million and Core FFO of $30.1 million for the quarter ended December 31, 2023. The company acquired three properties and released its second annual ESG report. Darrell W. Crate was appointed as CEO. The Company also entered into forward sales transactions and completed acquisitions totaling $80.4 million for the year ended December 31, 2023.
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Easterly Government Properties, Inc. (NYSE: DEA) declares a quarterly cash dividend of $0.265 per common share, offering investors a 9% anticipated annual dividend yield. With over 97% of lease income backed by the US Government, the company shows dividend resiliency and a stable investment opportunity.
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Easterly Government Properties, Inc.

NYSE:DEA

DEA Rankings

DEA Stock Data

1.21B
95.94M
6.64%
83.03%
3.41%
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Finance and Insurance
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United States of America
WASHINGTON

About DEA

we focus primarily on the acquisition, development and management of class a commercial properties that are leased to u.s. government agencies that serve essential u.s. government functions. we generate substantially all of our revenue by leasing our properties to such agencies through the gsa. our multidisciplinary team possesses complementary skills and experience that we expect will drive our business and growth strategies. we plan to grow our business primarily through the pursuit of attractive acquisition opportunities, the development of built-to-suit u.s. government properties and the renewal of existing leases at positive spreads. we maintain a proprietary database that tracks approximately 8,500 leases totaling approximately 200 million rentable square feet and includes substantially every major u.s. government-leased property that meets our investment criteria as well as information about the ownership of such properties.