Easterly Government Properties (NYSE:DEA – Get Free Report) issued an update on its FY24 earnings guidance on Tuesday morning. The company provided EPS guidance of $1.14-1.16 for the period, compared to the consensus EPS estimate of $1.14. Easterly Government Properties also updated its FY 2024 guidance to 1.140-1.160 EPS.
Wall Street Analyst Weigh In
Separately, StockNews.com raised Easterly Government Properties from a sell rating to a hold rating in a research note on Friday.
Read Our Latest Stock Report on DEA
Easterly Government Properties Trading Down 0.6 %
Easterly Government Properties Dividend Announcement
The business also recently declared a quarterly dividend, which will be paid on Tuesday, May 21st. Shareholders of record on Thursday, May 9th will be given a $0.265 dividend. The ex-dividend date is Wednesday, May 8th. This represents a $1.06 dividend on an annualized basis and a dividend yield of 8.92%. Easterly Government Properties’s dividend payout ratio (DPR) is presently 530.00%.
About Easterly Government Properties
Easterly Government Properties, Inc (NYSE: DEA) is based in Washington, DC, 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.
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