Welcome to our dedicated page for Easterly Govt Pptys news (Ticker: DEA), a resource for investors and traders seeking the latest updates and insights on Easterly Govt Pptys stock.
Easterly Government Properties, Inc. (NYSE: DEA) is a Washington, D.C.-based real estate investment trust that focuses primarily on the acquisition, development and management of Class A commercial properties leased to the U.S. Government and its adjacent partners. The DEA news page on Stock Titan aggregates company announcements, earnings releases, transaction updates, and other disclosures that reflect how this government‑oriented REIT manages its portfolio and capital structure.
Investors following DEA news can review quarterly and annual financial results, including updates on Funds From Operations (FFO), Core Funds From Operations (Core FFO), Cash Available for Distribution (CAD), and other non‑GAAP metrics that Easterly uses to describe operating performance and dividend‑funding capacity. Earnings releases also detail portfolio statistics, such as the number of operating properties, leased square footage, tenant mix across federal, state, local government and private tenants, and weighted average lease terms.
Company news frequently covers acquisitions of new properties leased primarily to U.S. Government tenant agencies, state or local government entities, and select private tenants, as well as land purchases and long‑term leases for build‑to‑suit developments like federal courthouses and crime laboratories. Filings and press releases also describe capital markets activity, including amendments to senior unsecured term loans, changes to revolving credit facilities, and the use of at‑the‑market equity programs.
DEA news items may include credit rating actions, such as affirmations of investment grade ratings with supporting commentary on tenant credit quality and lease duration, as well as announcements of quarterly dividends and participation in real estate and REIT investor conferences. For investors and analysts tracking government‑leased real estate, this news feed provides a centralized view of Easterly’s operating performance, portfolio evolution, and financing decisions over time.
Easterly Government Properties (NYSE: DEA) reported Q4 2020 results with a net income of $2.6 million ($0.03 per share) and FFO of $29.7 million ($0.32 per share). For the full year, net income rose 50% YoY to $13.5 million ($0.15 per share) with FFO at $111.3 million ($1.26 per share). Key acquisitions included a $251.4 million portfolio expansion and successful renewals of 220,842 square feet of leases. The company raised $18.6 million through its ATM program. An upcoming dividend of $0.26 per share was declared, payable March 17, 2021. 2021 guidance for FFO per share is set between $1.28 - $1.30.
Easterly Government Properties, Inc. (NYSE: DEA) has announced a quarterly cash dividend of $0.26 per common share, approved by the Board of Directors. This dividend will be payable on March 17, 2021 to shareholders of record as of March 5, 2021. Operating primarily in the acquisition, development, and management of Class A commercial properties leased to U.S. Government agencies, Easterly is based in Washington, D.C., and benefits from a specialized management team experienced in government property needs.
Easterly Government Properties, Inc. (NYSE: DEA) is set to announce its fourth quarter 2020 financial results on February 24, 2021. A conference call will follow at 10:00 AM EST, where management will discuss performance, recent developments, and engage in a Q&A session. Interested participants can access the call via the Investor Relations section of the company’s website. A replay will be available for ten business days. Easterly specializes in acquiring, developing, and managing Class A commercial properties leased to the U.S. Government.
Easterly Government Properties, Inc. (NYSE: DEA) announced the tax characteristics of its 2020 distributions on common stock. The reporting will be conducted via Form 1099-DIV, and shareholders are advised to consult tax advisors for specific treatment. Key details include:
- Total dividend per share: $1.0400
- Ordinary taxable dividend: $0.5576
- Return of capital: $0.4824
- Section 199A dividend: $0.5576
This information is crucial for investors to understand the tax implications of their investments.
Easterly Government Properties, Inc. (NYSE: DEA) announced its participation in virtual investor meetings at the Capital One Securities Inaugural REIT Conference on January 11, 2021. The Company specializes in acquiring, developing, and managing Class A commercial properties leased to the U.S. Government. Investors can access written materials related to the meetings on the Company’s Investor Relations website.
Easterly is based in Washington, D.C. and offers specialized insight into the needs of U.S. Government agencies, partnering with the U.S. General Services Administration.
Easterly Government Properties, Inc. (NYSE: DEA) has acquired a 73,397-square foot U.S. District Courthouse in Jackson, TN, enhancing its portfolio of Class A commercial properties leased to the U.S. Government. The courthouse, which includes four courtrooms and is fully leased to the General Services Administration (GSA), plays a crucial role in the Western District of Tennessee's judicial system. The acquisition adds value as the facility is equipped with advanced security features and is strategically located, serving federal cases across 22 counties.
Easterly Government Properties (NYSE: DEA) has acquired a 149,110-square foot U.S. Department of the Interior (DOI) facility in Billings, Montana. This 100% leased property houses key DOI bureaus and features a 20-year non-cancelable lease expiring in April 2033. Built in 2013, it boasts LEED Gold certification and an ENERGY STAR score of 91. CEO William C. Trimble, III, expressed satisfaction in exceeding 2020 acquisition guidance and is optimistic about achieving the 2021 target.
Easterly Government Properties, Inc. (NYSE:DEA) announced its participation in the Jefferies 2020 Virtual Office & Industrial REIT Summit on December 8, 2020. This fully integrated real estate investment trust focuses on acquiring, developing, and managing Class A commercial properties leased to the U.S. Government. Investors can access the related written materials on the company’s Investor Relations website. Easterly’s management team specializes in understanding the property needs of mission-critical U.S. Government agencies.
Easterly Government Properties, Inc. (NYSE: DEA) has successfully acquired a 27,569-square-foot Clinical Center in Baton Rouge, Louisiana, leased to the U.S. Government. This facility is dedicated to Hansen's Disease, featuring a 20-year lease set to expire in July 2040. The acquisition aligns with Easterly's growth strategy and continues despite the COVID-19 pandemic. The U.S. Government remains a reliable tenant, maintaining all rental obligations. The HRSA Clinical Center will enhance essential healthcare services for vulnerable populations across the nation.
Easterly Government Properties, Inc. (NYSE: DEA) reported its Q3 2020 financial results, highlighting a net income of $4.8 million and funds from operations (FFO) of $28.3 million, or $0.31 per share. The company acquired a 76,112-square foot FBI field office in Mobile, Alabama, and completed a re-development of a FDA laboratory in Lenexa, Kansas with a new 20-year lease. The total indebtedness stood at $905.1 million with a weighted average interest rate of 3.7%. A dividend of $0.26 per share was approved for Q3 2020. The company increased its FFO guidance for 2020 to a range of $1.24 - $1.26 per share.