Easterly Government Properties Announces Tax Characteristics of Its 2020 Distributions

Easterly Government Properties Announces Tax Characteristics of Its 2020 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 2020 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

 

Unrecaptured

Sec. 1250

Capital Gain

 

Section

199A

Dividend (1)

3/5/2020

 

3/26/2020

 

$0.2600

 

$0.1394

 

$0.1206

 

$0.0000

 

$0.0000

 

$0.1394

5/14/2020

 

6/25/2020

 

$0.2600

 

$0.1394

 

$0.1206

 

$0.0000

 

$0.0000

 

$0.1394

8/13/2020

 

9/11/2020

 

$0.2600

 

$0.1394

 

$0.1206

 

$0.0000

 

$0.0000

 

$0.1394

11/11/2020

 

12/11/2020

 

$0.2600

 

$0.1394

 

$0.1206

 

$0.0000

 

$0.0000

 

$0.1394

Totals:

 

$1.0400

 

$0.5576

 

$0.4824

 

$0.0000

 

$0.0000

 

$0.5576

Percent of Total:

 

100.00%

 

53.63%

 

46.37%

 

0.00%

 

0.00%

 

 

(1) 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. Easterly’s experienced management team brings specialized insight into the strategy and needs of mission-critical U.S. Government agencies for properties leased either directly to such agencies or through the U.S. General Services Administration (GSA). For further information on the Company and its properties, please visit www.easterlyreit.com.

Easterly Government Properties, Inc.

Lindsay S. Winterhalter

Vice President, Investor Relations & Operations

202-596-3947

[email protected]

KEYWORDS: District of Columbia United States North America

INDUSTRY KEYWORDS: Banking Commercial Building & Real Estate Construction & Property REIT Professional Services Courts White House/Federal Government Other Professional Services Public Policy/Government Other Construction & Property Finance

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