DEA stock dividend – Easterly Government Properties declares quarterly dividend for shareholders

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Easterly Government Properties ($NYSE:DEA), Inc. is a real estate investment trust (REIT) that focuses on acquiring, developing, and managing properties leased to the U.S. Government. Over the past four years, Easterly Government Properties has steadily increased its dividends, demonstrating its commitment to providing attractive returns to its shareholders. The decision to declare a quarterly dividend reflects Easterly Government Properties’ strong financial performance and solid balance sheet. This financial stability allows Easterly Government Properties to continue its growth strategy while also providing consistent returns to its shareholders. Easterly Government Properties’ focus on properties leased to the U.S. Government provides a stable and reliable source of income for the company and its shareholders.

The U.S. Government is the largest tenant in the world and is known for its strong credit rating and timely rental payments. This translates to consistent and predictable cash flow for Easterly Government Properties, making it an attractive investment for income-seeking investors. With a growing portfolio of government-leased properties and a solid balance sheet, the company is well-positioned to continue providing attractive returns for its shareholders in the future.

Dividends – DEA stock dividend

EASTERLY GOVERNMENT PROPERTIES, a real estate investment trust (REIT) that specializes in owning and managing properties leased to the US government, has recently announced its quarterly dividend for shareholders. This news comes as no surprise, as the company has consistently provided annual dividends for the past three years, with a steady dividend per share of 1.06 USD. What makes EASTERLY GOVERNMENT PROPERTIES stand out is its attractive dividend yield. This consistent and high dividend yield makes EASTERLY GOVERNMENT PROPERTIES an appealing choice for investors looking for dividend stocks. For those interested in adding dividend stocks to their portfolio, EASTERLY GOVERNMENT PROPERTIES may be worth considering.

With a track record of stable dividends and a projected average yield of 7.83%, the company offers a potential source of passive income for shareholders. This is especially appealing in today’s market, where interest rates are low, and investors are seeking reliable sources of income. With a history of consistent dividends and an attractive average yield, the company may be a wise addition to any dividend-focused investment strategy. As with any investment decision, it is important to conduct thorough research and consult with a financial advisor before making any decisions.

About the Company

Income Snapshot

Below shows the total revenue, net income and net margin for DEA. More…

Cash Flow Snapshot

Below shows the cash from operations, investing and financing for DEA. More…

Balance Sheet Snapshot

Below shows the total assets, liabilities and book value per share for DEA. More…

Key Ratios Snapshot

Some of the financial key ratios for DEA are shown below. More…

Price History

EASTERLY GOVERNMENT PROPERTIES, a leading real estate investment trust (REIT) specializing in government-leased properties, recently announced the declaration of its quarterly dividend for shareholders. This news was released on Friday, when the company’s stock opened at $13.67 and closed at $13.37, representing a decrease of 1.4% from the previous day’s closing price of $13.56. This consistent dividend growth is a testament to the company’s strong financial performance and its ability to generate steady cash flows from its portfolio of government-leased properties. This means that shareholders can expect to receive regular dividends from the company, providing them with a reliable source of income.

The declaration of a quarterly dividend is also a reflection of the company’s strong financial position, with a healthy balance sheet and low leverage ratio. This allows EASTERLY GOVERNMENT PROPERTIES to continue investing in high-quality government-leased properties, while also rewarding its shareholders with consistent dividends. With a strong track record of consistent dividend growth and a solid financial position, the company remains well-positioned to provide stable returns to its investors in the long term. Live Quote…

Analysis – DEA Intrinsic Value Calculation

As a team at GoodWhale, we recently conducted an in-depth analysis of EASTERLY GOVERNMENT PROPERTIES’s fundamentals. This involved analyzing the company’s financial reports, market trends, and industry performance to get a comprehensive understanding of its overall health. One of the key takeaways from our analysis was the intrinsic value of EASTERLY GOVERNMENT PROPERTIES’s shares. Our proprietary Valuation Line calculated that the company’s shares have an intrinsic value of around $16.5. This value takes into consideration various factors such as the company’s current financials, growth potential, and market conditions. However, despite the calculated intrinsic value, EASTERLY GOVERNMENT PROPERTIES’s stock is currently trading at a price of $13.37. This indicates that the stock is undervalued by 19.1% according to our analysis. This means that investors have the opportunity to purchase the stock at a fair price, providing a potential for future growth. We believe that with its solid fundamentals and growth potential, it has the potential to provide strong returns for investors in the long run. As always, we encourage investors to conduct their own thorough research before making any investment decisions. More…

Peers

Government Properties Income Trust is a real estate investment trust that owns and operates U.S. federal, state, and local government facilities. The company was founded in 2009 and is headquartered in Boston, Massachusetts. As of December 31, 2016, the company owned 148 properties in 33 states and Washington, D.C.

– Seritage Growth Properties ($NYSE:SRG)

Heritage Growth Properties is a publicly traded real estate investment trust that owns, operates, and develops high-quality, well-occupied office properties in the United States. The company’s portfolio consists of 79 office properties located in 27 states.

– Medalist Diversified REIT Inc ($NASDAQ:MDRR)

Diversified REIT Inc is a real estate investment trust that owns, operates, and develops a portfolio of properties in the United States. The company’s portfolio includes office, retail, industrial, and multifamily properties. As of December 31, 2020, it owned and operated 703 properties with a total of 102.4 million square feet of space.

– Deutsche Konsum REIT-AG ($LTS:0RDE)

Deutsche Konsum REIT-AG is a Germany-based company that focuses on the retail sector. The company invests in shopping centers and retail parks. As of December 31, 2020, the company’s portfolio consisted of 97 properties with a total value of approximately EUR 3.6 billion.

Summary

Easterly Government Properties, Inc. recently announced a quarterly dividend on November 4th, signaling a positive outlook for investors. This real estate investment trust (REIT) specializes in acquiring, developing, and managing properties leased to the US government. With a strong focus on government tenants and long-term lease agreements, Easterly Government Properties offers a stable and predictable source of income for investors.

The company has also shown consistent growth and profitability, making it an attractive option for those looking for steady returns. The announcement of the quarterly dividend further solidifies the company’s commitment to providing value to its shareholders.