AP NEWS
Press release content from Business Wire. The AP news staff was not involved in its creation.
PRESS RELEASE: Paid content from Business Wire
Press release content from Business Wire. The AP news staff was not involved in its creation.

Easterly Government Properties Announces Tax Characteristics of Its 2019 Distributions

January 21, 2020 GMT

WASHINGTON--(BUSINESS WIRE)--Jan 21, 2020--

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 2019 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)

3/14/2019

 

3/28/2019

$0.2600

 

$0.1338

 

$0.1262

 

$0.0000

 

$0.0000

 

$0.1338

6/10/2019

 

6/27/2019

$0.2600

 

$0.1338

 

$0.1262

 

$0.0000

 

$0.0000

 

$0.1338

9/12/2019

 

9/26/2019

$0.2600

 

$0.1338

 

$0.1262

 

$0.0000

 

$0.0000

 

$0.1338

11/13/2019

 

12/27/2019

$0.2600

 

$0.1338

 

$0.1262

 

$0.0000

 

$0.0000

 

$0.1338

Totals:

$1.0400

 

$0.5352

 

$0.5048

 

$0.0000

 

$0.0000

 

$0.5352

Percent of Total:

100.00%

 

51.46%

 

48.54%

 

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.

View source version on businesswire.com:https://www.businesswire.com/news/home/20200121006107/en/

CONTACT: Easterly Government Properties, Inc.

Lindsay S. Winterhalter

Vice President, Investor Relations & Operations

202-596-3947

IR@easterlyreit.com

KEYWORD: UNITED STATES NORTH AMERICA DISTRICT OF COLUMBIA

INDUSTRY KEYWORD: REIT FINANCE PROFESSIONAL SERVICES COMMERCIAL BUILDING & REAL ESTATE CONSTRUCTION & PROPERTY

SOURCE: Easterly Government Properties, Inc.

Copyright Business Wire 2020.

PUB: 01/21/2020 04:56 PM/DISC: 01/21/2020 04:56 PM

http://www.businesswire.com/news/home/20200121006107/en