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Easterly Government Properties Announces Quarterly Dividend
Rhea-AI Impact
(Low)
Rhea-AI Sentiment
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Tags
dividends
Rhea-AI Summary
Easterly Government Properties (NYSE: DEA) approves quarterly cash dividend of $0.265 per common share.
Positive
Easterly Government Properties approves dividend of $0.265 per share.
Dividend will be payable on November 21, 2023.
Negative
None.
WASHINGTON--(BUSINESS WIRE)--
Easterly Government Properties, Inc. (NYSE: DEA), a fully integrated real estate investment trust focused primarily on the acquisition, development and management of Class A commercial properties leased to U.S. Government agencies, announced today that its Board of Directors has approved a quarterly cash dividend of $0.265 per common share. The dividend will be payable on November 21, 2023 to shareholders of record on November 9, 2023.
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 to such agencies either directly or through the U.S. General Services Administration (GSA). For further information on the company and its properties, please visit www.easterlyreit.com.
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.