
Easterly Government Properties, Inc.
DEAReal Estate · REIT - Office · Stock · quarterly payer
Forward Yield
8.25%
Annual Dividend
$1.80
Payout Ratio
947%
5-Yr Growth
-5.0%
Ex-Date
Aug 10, 2026
Frequency
Quarterly
Key facts about DEA's dividend
Data as of · Source: SmarterDividends data
- As of Oct 18, 2026, Easterly Government Properties, Inc. (DEA) has a forward dividend yield of 8.25%, based on an annual dividend of $1.80 per share and a share price of $21.82.
- As of Oct 18, 2026, DEA's dividend safety grade from SmarterDividends is D (46 out of 100), which rates the dividend as unsafe.
- DEA last cut its regular dividend in 2025.
- DEA's most recent ex-dividend date was Aug 10, 2026, for a dividend of $0.45 per share.
- DEA's dividend has shrunk at an average rate of 5.0% a year over the past five years.
- As of Oct 18, 2026, DEA's 8.25% yield is 16% above its five-year average yield of 7.12%.
- As of Oct 18, 2026, SmarterDividends' blended fair-value estimate for DEA is $42.12 per share, 93% above the $21.82 share price, so DEA screens as undervalued.
- Easterly Government Properties, Inc. (DEA) pays its dividend quarterly, 4 times a year.
- Easterly Government Properties, Inc. (DEA) has raised its regular dividend 7 times and cut it 1 time across the 46 payments on record since 2015. Its most recent change was a 32.1% cut to $0.450 per share, going ex-dividend on May 5, 2025.
Cite this page
SmarterDividends, "DEA Dividend: Yield, Safety Grade & Next Ex-Date," updated Oct 18, 2026, https://smarterdividends.com/stocks/DEA
Summary
As of Oct 18, 2026, Easterly Government Properties, Inc. (DEA) yields 8.25% ($1.80 a year per share) and has a dividend safety grade of D (46/100).
Is DEA a good dividend stock?
MixedEasterly Government Properties, Inc. (DEA) pays a quarterly dividend yielding 8.25% ($1.80/yr), with 0 years of growth and a dividend-safety grade of D. The picture is mixed — the dividend pays, but safety or growth signals are weaker than ideal.
Advantages
Risks
- Cut its dividend in 2025
- Elevated payout ratio (947%)
- Dividend has been shrinking, not growing
- Very high yield can signal elevated risk
- Share price is down over the past 5 years
- Below-average dividend safety score
Key Data
- Dividend Yield
- 8.25%
- Payout Ratio
- 947%
- Annual Dividend
- $1.80
- 5-Yr Avg Growth
- -5.0%
- Ex-Dividend Date
- Aug 10, 2026
- Years of Growth
- 0
- Frequency
- quarterly
- Beta
- 0.97
- Market Cap
- $1.1B
- P/E Ratio
- 114.8
- 5-Yr Total Return
- -58%
- 52-Week Range
- $20.56 – $25.96
- Dividend Safety
- D · 46/100
- Ever Cut?
- Yes (2025)
DEA dividend raises and cuts
Easterly Government Properties, Inc. (DEA) has raised its regular dividend 7 times and cut it 1 time across the 46 payments on record since 2015. Its most recent change was a 32.1% cut to $0.450 per share, going ex-dividend on May 5, 2025.
| Ex-date | Change | Old → new | Move |
|---|---|---|---|
| May 5, 2025 | Cut | $0.663 → $0.450 | −32.1% |
| Aug 11, 2021 | Raise | $0.650 → $0.663 | +1.9% |
| Dec 5, 2017 | Raise | $0.625 → $0.650 | +4.0% |
| Jun 12, 2017 | Raise | $0.600 → $0.625 | +4.2% |
| Dec 5, 2016 | Raise | $0.575 → $0.600 | +4.3% |
| Jun 6, 2016 | Raise | $0.550 → $0.575 | +4.5% |
| Nov 13, 2015 | Raise | $0.525 → $0.550 | +4.8% |
| Aug 14, 2015 | Raise | $0.275 → $0.525 | +90.9% |
Frequently Asked Questions
Is DEA a good dividend stock?
Mixed. Easterly Government Properties, Inc. (DEA) pays a quarterly dividend yielding 8.25% ($1.80/yr), with 0 years of growth and a dividend-safety grade of D. The picture is mixed — the dividend pays, but safety or growth signals are weaker than ideal.
Is DEA undervalued?
Based on a blend of discounted cash flow, a dividend-discount model and an earnings-multiple estimate, DEA's fair value is about $42.12 versus a $21.82 share price — so it looks undervalued (+93% vs. fair value).
Is DEA's dividend safe?
DEA has a dividend-safety grade of D (46/100), based on its payout coverage, free-cash-flow, 0-year growth streak, a dividend cut in 2025, debt and yield-versus-history.
What is DEA's fair value?
Our blended fair-value estimate for DEA is about $42.12 per share, roughly 93% above the current $21.82 price — combining a discounted cash flow, a dividend-discount model and an earnings multiple.
Is DEA a buy, hold, or sell?
We don't issue formal ratings, but on the data DEA screens as "mixed" and undervalued. Easterly Government Properties, Inc. (DEA) pays a quarterly dividend yielding 8.25% ($1.80/yr), with 0 years of growth and a dividend-safety grade of D. The picture is mixed — the dividend pays, but safety or growth signals are weaker than ideal. This is research for your own analysis, not investment advice.
Will DEA cut its dividend?
DEA earns a dividend-safety grade of D (46/100), and has cut its dividend before (last in 2025). A higher score means lower cut risk based on payout coverage, cash flow and history — but no score guarantees a dividend.
Does DEA pay a dividend?
Yes. Easterly Government Properties, Inc. pays a quarterly dividend of about $1.80 per share annually, a forward yield of roughly 8.25%.
What is DEA's dividend yield?
As of Oct 18, 2026, DEA's forward dividend yield is 8.25%, based on a $1.80 annual dividend and a $21.82 share price.
What is DEA's dividend per share?
As of Oct 18, 2026, DEA pays $1.80 per share per year, distributed on a quarterly basis.
What is DEA's dividend payout ratio?
As of Oct 18, 2026, DEA's payout ratio is 947% of trailing 12-month earnings — an elevated level worth watching, as it leaves less cushion if earnings dip.
How many years has DEA grown its dividend?
DEA does not currently have a long dividend-growth streak on record.
When is the next DEA ex-dividend date?
As of Oct 18, 2026, DEA's next ex-dividend date hasn't been announced. The most recent was Aug 10, 2026, for $0.45 per share.
DEA Price — Last 12 Months
Daily close
Price Return
1 Year
+0%
3 Years
-25%
5 Years
-58%
52-Week Range
$20.56 – $25.96
Price change over each period (excludes dividends). Past performance doesn't guarantee future results.
What is DEA worth?
Undervaluedlow confidenceOur blended fair-value estimate for Easterly Government Properties, Inc. is $42.12 per share, versus a market price of $21.82. That implies 93% of upside — a margin of safety of about 48%.
Fair Value
$42.12
Current Price
$21.82
Upside
+93%
Margin of Safety
48%
How we get there
Dividend discount
Discounts the future dividend stream back to today.
Assumptions: 9.2% discount rate (CAPM), 12.0% growth for five years fading to 2.5% over the next five, $0.19 EPS, $1.80 annual dividend. Updated weekly.
Fair-value estimates are model output for educational purposes only — not investment advice or a price target.
DEA Dividend Safety Score
Risky
SmarterDividends' proprietary score, backtested against which dividends were actually cut over 15+ years (0.78 AUC). It blends a validated cut-risk model (growth streak, cut history) with current payout, cash-flow and debt. Higher is safer · not investment advice.
Dividend Growth
Total dividends per share by year
Dividend History
Full DEA dividend history →| Ex-Date | Pay Date | Amount | Type |
|---|---|---|---|
| Aug 10, 2026 | Aug 20, 2026 | $0.4500 | regular |
| May 7, 2026 | May 21, 2026 | $0.4500 | regular |
| Mar 5, 2026 | Mar 19, 2026 | $0.4500 | regular |
| Nov 7, 2025 | Nov 20, 2025 | $0.4500 | regular |
| Aug 13, 2025 | Aug 25, 2025 | $0.4500 | regular |
| May 5, 2025 | May 17, 2025 | $0.4500 | regular |
| Mar 5, 2025 | Mar 17, 2025 | $0.6625 | regular |
| Nov 15, 2024 | Nov 27, 2024 | $0.6625 | regular |
| Aug 1, 2024 | Aug 13, 2024 | $0.6625 | regular |
| May 8, 2024 | May 21, 2024 | $0.6625 | regular |
| Mar 5, 2024 | Mar 18, 2024 | $0.6625 | regular |
| Nov 8, 2023 | Nov 21, 2023 | $0.6625 | regular |
| Aug 16, 2023 | Aug 29, 2023 | $0.6625 | regular |
| May 10, 2023 | May 23, 2023 | $0.6625 | regular |
Income Calculator
At $1.80 / yr per share
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