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Easterly Government Properties Announces Tax Characteristics of Its 2024 Distributions

WASHINGTON--(BUSINESS WIRE)--Easterly Government Properties, Inc. (NYSE: DEA) (“Easterly” or the “Company”), a fully integrated real estate investment trust focused primarily on the acquisition, development and management of Class A commercial properties leased to the U.S. Government, announced the tax characteristics of the 2024 distributions on its common stock. The tax reporting will be done on Form 1099-DIV and shareholders are encouraged to consult with their personal tax advisors as to the specific tax treatment of these distributions. The characteristics of the Company's distributions are as follows:

Distributions on Easterly Common Shares:

 

Record Date

 

Payment

Date

 

Dividend Per Share

Ordinary Taxable Dividend

Return of Capital

 

Capital Gain (1)

Unrecaptured Sec. 1250 Capital Gain

Section 199A Dividend (2)

3/6/2024

3/18/2024

$0.2650

$0.1306

$0.1340

$0.0004

$0.0000

$0.1306

5/9/2024

5/21/2024

$0.2650

$0.1306

$0.1340

$0.0004

$0.0000

$0.1306

8/1/2024

8/13/2024

$0.2650

$0.1306

$0.1340

$0.0004

$0.0000

$0.1306

11/15/2024

11/27/2024

$0.2650

$0.1306

$0.1340

$0.0004

$0.0000

$0.1306

Totals:

$1.0600

$0.5224

$0.5360

$0.0016

$0.0000

$0.5224

Percent of Total:

100.00%

49.29%

50.57%

0.14%

0.00%

 

 

(1) Pursuant to Treasury Regulation Section 1.1061-6(c), Easterly Government Properties, Inc. is disclosing the following information to its shareholders. “One Year Amounts Disclosure” is zero percent of the capital gain distributions allocated to each shareholder and “Three Year Amounts Disclosure” is zero percent of the capital gain distributions allocated to each shareholder. All capital gain distributions reported are related to Section 1231 gain.

(2) The amounts are included in the Ordinary Taxable Dividend amounts.

About Easterly Government Properties, Inc.

Easterly Government Properties, Inc. (NYSE:DEA) is based in Washington, D.C. and focuses primarily on the acquisition, development and management of Class A commercial properties that are leased to the U.S. Government. With a long-stated goal of being the partner of choice to the United States Government, Easterly’s experienced management team brings specialized insight into the strategy and needs of mission-critical U.S. Government agencies for properties leased to such agencies either directly or through the U.S. General Services Administration (GSA). For further information on the company and its properties, please visit www.easterlyreit.com.

Contacts

Easterly Government Properties, Inc.
Lindsay S. Winterhalter
Senior Vice President, Investor Relations & Operations
202-596-3947
IR@easterlyreit.com

Easterly Government Properties, Inc.

NYSE:DEA

Release Versions

Contacts

Easterly Government Properties, Inc.
Lindsay S. Winterhalter
Senior Vice President, Investor Relations & Operations
202-596-3947
IR@easterlyreit.com

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