U.S. Markets open in 5 hrs 18 mins

Ex-Dividend Alert: Easterly Government Properties Has a Dividend Yield of 5.22%, Will Trade Ex-Dividend on March 12, 2018

LONDON, UK / ACCESSWIRE / March 09, 2018 / Active-Investors has a free review on Easterly Government Properties, Inc. (NYSE: DEA) ("Easterly") following the Company's announcement that it will begin trading ex-dividend on March 12, 2018. In order to capture the dividend payout, investors must purchase the stock a day prior to the ex-dividend date that is by latest at the end of the trading session on March 09, 2018. Active-Investors has initiated due-diligence on this dividend stock. Register with us for more free research including the one on DEA:


If your portfolio includes dividend stocks, you have come to the right place for timely information. All you need to do is sign up for your free membership at:


Dividend Declared

On February 22, 2018, Easterly announced that its Board of Directors has approved a quarterly cash dividend of $0.26 per common share. The dividend will be payable on March 28, 2018, to shareholders of record on March 13, 2018.

Easterly's indicated dividend represents a yield of 5.22%, which is substantially above the average dividend yield of 3.81% for the Financial sector. The Company has raised dividend for two years in a row.

Dividend Insights

Easterly has a dividend payout ratio of 78.2%, which denotes that the Company distributes approximately $0.78 for every $1.00 earned. The dividend payout ratio reflects how much amount a company is returning to shareholders versus how much money it is keeping on hand to reinvest in growth, to pay off debt, and/or to add to its cash reserves.

According to analysts' estimates, Easterly is forecasted to report earnings of $0.21 per share for the next year compared to the Company's annualized dividend of $1.04 per share. One of the primary reasons for the difference between earnings and annualized dividend is that Easterly is a Real Estate Investment Trust (REIT) which is structured by law to distribute at least 90% of earnings. Moreover, since REITs generate income from owning portfolios of investment real estate, they are likely to have higher depreciation charges.

Since depreciation is a non-cash charge, it does not directly impact the ability of dividend the companies can distribute. For this reason, Fund from Operations (FFO) is calculated by adding depreciation and amortization to earnings and subtracting any gains on sales which then provides a better picture of any company's profitability and capacity to pay and to sustain dividends. For instance, for the quarter ended December 31, 2017, Easterly reported net income of $1.53 million, or $0.03 per diluted share, compared to net income of $1.65 million, or $0.04 per diluted share, in Q4 2016.

On the other hand, Easterly Government Properties' adjusted funds from operations (AFFO) for the quarter ended December 31, 2017, was $14.3 million, or $0.27 per diluted share, compared to $13.34 million, or $0.30 per share, in same prior year's same period. The Company's FFO number indicates that the Company should be able to comfortably cover its dividend payout.

Recent Development for Easterly

On February 28, 2018, Easterly announced that it has acquired the rights to a lease award for the re-development of a 210,373-square foot FEMA facility located in Tracy, California.

The Federal Emergency Management Agency (FEMA), is responsible for coordinating a comprehensive response to disasters in the United States that exceed the capabilities of local and state authorities. As part of FEMA's mission to deliver immediate, on-the-ground response in moments of disaster, FEMA maintains eight distribution centers within the United States for emergency response preparedness. These facilities house a full inventory of goods that may be needed for FEMA's response to a disaster.

FEMA - Tracy, one of the eight regional distributions centers, is currently under re-development with an anticipated delivery date in H2 2018. Easterly has assumed all re-development activities and, upon occupancy, will commence a 20-year non-cancelable lease with the General Services Administration (GSA) on this mission critical facility.

Stock Performance Snapshot

March 08, 2018 - At Thursday's closing bell, Easterly Government Properties' stock slightly declined 0.55%, ending the trading session at $19.83.

Volume traded for the day: 473.73 thousand shares.

Stock performance in the last month – up 0.51%; and past twelve-month period – up 0.20%

After yesterday's close, Easterly Government Properties' market cap was at $865.98 million.

Price to Earnings (P/E) ratio was at 194.41.

The stock has a dividend yield of 5.24%.

The stock is part of the Financial sector, categorized under the REIT - Office industry. This sector was up 0.1% at the end of the session.


Active-Investors (A-I) produces regular sponsored and non-sponsored reports, articles, stock market blogs, and popular investment newsletters covering equities listed on NYSE and NASDAQ and Canadian stocks. A-I has two distinct and independent departments. One department produces non-sponsored analyst certified content generally in the form of press releases, articles and reports covering equities listed on NYSE and NASDAQ and the other produces sponsored content (in most cases not reviewed by a registered analyst), which typically consists of compensated investment newsletters, articles and reports covering listed stocks and micro-caps. Such sponsored content is outside the scope of procedures detailed below.

A-I has not been compensated; directly or indirectly; for producing or publishing this document.


The non-sponsored content contained herein has been prepared by a writer (the ''Author'') and is fact checked and reviewed by a third-party research service company (the ''Reviewer'') represented by a credentialed financial analyst. For further information on analyst credentials, please email info@active-investors.com. Rohit Tuli, a CFA® charterholder (the ''Sponsor''), provides necessary guidance in preparing the document templates. The Reviewer has reviewed and revised the content, as necessary, based on publicly available information which is believed to be reliable. Content is researched, written and reviewed on a reasonable-effort basis. The Reviewer has not performed any independent investigations or forensic audits to validate the information herein. The Reviewer has only independently reviewed the information provided by the Author according to the procedures outlined by A-I. A-I is not entitled to veto or interfere in the application of such procedures by the third-party research service company to the articles, documents or reports, as the case may be. Unless otherwise noted, any content outside of this document has no association with the Author or the Reviewer in any way.


A-I, the Author, and the Reviewer are not responsible for any error which may be occasioned at the time of printing of this document or any error, mistake or shortcoming. No liability is accepted whatsoever for any direct, indirect or consequential loss arising from the use of this document. A-I, the Author, and the Reviewer expressly disclaim any fiduciary responsibility or liability for any consequences, financial or otherwise arising from any reliance placed on the information in this document. Additionally, A-I, the Author, and the Reviewer do not (1) guarantee the accuracy, timeliness, completeness or correct sequencing of the information, or (2) warrant any results from use of the information. The included information is subject to change without notice.


This document is not intended as an offering, recommendation, or a solicitation of an offer to buy or sell the securities mentioned or discussed, and is to be used for informational purposes only. Please read all associated disclosures and disclaimers in full before investing. Neither A-I nor any party affiliated with us is a registered investment adviser or broker-dealer with any agency or in any jurisdiction whatsoever. To download our report(s), read our disclosures, or for more information, visit http://active-investors.com/legal-disclaimer/.


For any questions, inquiries, or comments reach out to us directly. If you're a company we are covering and wish to no longer feature on our coverage list contact us via email and/or phone between 09:30 EDT to 16:00 EDT from Monday to Friday at:

Email: info@active-investors.com

Phone number: 73 29 92 6381

Office Address: 6, Jalan Kia Peng, Kuala Lumpur, 50450 Kuala Lumpur, Wilayah Persekutuan Kuala Lumpur, Malaysia

CFA® and Chartered Financial Analyst® are registered trademarks owned by CFA Institute.

SOURCE: Active-Investors