Easterly Government Properties, Inc.
S&P 500DEA/Real Estate · REIT - Office/NYSE
Dividend Yield
7.58%
$1.80 · Annual Dividend
Dividend Safety Rating
DEA's dividend appears safe and well-supported. Strengths include a 64.3% ffo payout ratio & 32.8% fcf payout ratio. Areas of concern: 1.2x interest coverage & 0.9% return on equity. The dividend has been growing at a 9.20% 5-year CAGR. As a REIT, its payout is measured against FFO (funds from operations) rather than net income, since large non-cash depreciation makes the earnings payout ratio misleading.
Based on 15 of 15 metrics
Strengths
- FFO Payout Ratio: 64.3%Dividends are well covered by funds from operations (FFO).
- FCF Payout Ratio: 32.8%Free cash flow comfortably covers the dividend.
- Gross Margin: 68.3%High gross margin signals strong pricing power.
Risks
- Interest Coverage: 1.2xInterest coverage is thin relative to debt servicing.
- Return on Equity: 0.9%Return on equity is below industry norms.
- Profit Margin Stability: VolatileProfit margins have been volatile.
Payout & Coverage
SafeBalance Sheet
CautionProfitability
CautionDividend Track Record
Very SafeAbout Easterly Government Properties, Inc.
Easterly Government Properties, Inc. is a real estate investment trust specializing in acquiring, developing, and managing Class A commercial properties primarily leased to U.S. government agencies. Founded in 2011 and headquartered in Washington, D.C., the company focuses on providing high-quality office space tailored to the unique needs of government tenants. By concentrating on stable, long-term leases with the federal government, Easterly offers a specialized niche within the real estate market that emphasizes reliability and security of income. Its portfolio consists predominantly of Class A assets, reflecting top-tier buildings in terms of location, construction quality, and tenant services. Easterly Government Properties plays a significant role in the office real estate sector by marrying commercial property expertise with the public sector's demand, thereby contributing to the efficient provision of government office infrastructure.
Dividend Overview
Dividend Yield
7.58%
Annual Dividend
$1.80
Frequency
Quarterly
Payout Ratio
818.18%
FCF Payout Ratio
32.84%
52-Week Range
$20.56 - $24.94
Dividend History (2016–2025)
DEA annual dividend per share and yield history
Earnings & Profitability
DEA earnings per share and net profit margin
Key Dates
Last Ex-Dividend Date
May 7, 2026
Last Payment Date
May 21, 2026
Dividend Growth
3-Year Dividend CAGR
15.07%
5-Year Dividend CAGR
9.20%
10-Year Dividend CAGR
11.58%
3-Year Total Growth
52.36%
5-Year Total Growth
55.29%
10-Year Total Growth
199.07%
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Frequently Asked Questions
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This page is not investment advice. The content is for informational purposes only and should not be construed as a recommendation to buy, sell, or hold any security. Always do your own research and consult a qualified financial advisor before making investment decisions.
Financial data, including dividend history, earnings, balance sheet metrics, and the Dividend Safety Rating, is provided for informational purposes only. Data may be delayed or differ from official filings. Past performance does not guarantee future results. Always verify with official sources before making investment decisions.
Market data provided by Twelve Data.