Easterly Government Properties, Inc.
DEAReal Estate · Stock · quarterly payer
Forward Yield
7.04%
Annual Dividend
$1.80
Payout Ratio
818%
5-Yr Growth
-5.0%
Ex-Date
May 7, 2026
Frequency
Quarterly
Summary
As of July 2026, Easterly Government Properties, Inc. (DEA) yields 7.04% ($1.80 per share annually), with a blended fair-value estimate of $41.91 — +64% upside, so it screens as undervalued. Dividend safety grade: D (46/100).
Is DEA a good dividend stock?
MixedEasterly Government Properties, Inc. (DEA) pays a quarterly dividend yielding 7.04% ($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 (818%)
- Dividend has been shrinking, not growing
- Share price is down over the past 5 years
- Below-average dividend safety score
Key Data
- Dividend Yield
- 7.04%
- Payout Ratio
- 818%
- Annual Dividend
- $1.80
- 5-Yr Avg Growth
- -5.0%
- Ex-Dividend Date
- May 7, 2026
- Years of Growth
- 0
- Frequency
- quarterly
- Beta
- 0.95
- Market Cap
- $1.2B
- P/E Ratio
- 114.5
- 5-Yr Total Return
- -52%
- 52-Week Range
- $20.56 – $25.96
- Dividend Safety
- D · 46/100
- Ever Cut?
- Yes (2025)
Frequently Asked Questions
DEA Price — Last 12 Months
Daily close
Price Return
1 Year
+12%
3 Years
-24%
5 Years
-52%
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 $41.91 per share, versus a market price of $25.56. That implies 64% of upside — a margin of safety of about 39%.
Fair Value
$41.91
Current Price
$25.56
Upside
+64%
Margin of Safety
39%
How we get there
Dividend discount
Discounts the future dividend stream back to today.
Assumptions: 9.1% discount rate (CAPM), 14.3% stage-1 growth, 2.5% terminal growth, $0.22 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
| Ex-Date | Pay Date | Amount | Type |
|---|---|---|---|
| May 7, 2026 | — | $0.4500 | regular |
| Mar 5, 2026 | — | $0.4500 | regular |
| Nov 7, 2025 | — | $0.4500 | regular |
| Aug 13, 2025 | — | $0.4500 | regular |
| May 5, 2025 | — | $0.4500 | regular |
| Mar 5, 2025 | — | $0.6625 | regular |
| Nov 15, 2024 | — | $0.6625 | regular |
| Aug 1, 2024 | — | $0.6625 | regular |
| May 8, 2024 | — | $0.6625 | regular |
| Mar 5, 2024 | — | $0.6625 | regular |
| Nov 8, 2023 | — | $0.6625 | regular |
| Aug 16, 2023 | — | $0.6625 | regular |
| May 10, 2023 | — | $0.6625 | regular |
| Mar 8, 2023 | — | $0.6625 | regular |
Income Calculator
At $1.80 / yr per share
