Exploring Tax Insights for Easterly Government Properties Distributions
Easterly Government Properties Shares Tax Distribution Insights for 2024
Easterly Government Properties, Inc. (NYSE: DEA), a real estate investment trust (REIT) dedicated to acquiring and managing high-quality commercial properties leased to the U.S. Government, has shared essential tax information regarding its distributions for the upcoming year. This detailed announcement provides shareholders with vital insights necessary for their tax planning.
Understanding Tax Characteristics of Distributions
The distributions for 2024 will be reported to shareholders via Form 1099-DIV, emphasizing the importance of consulting personal tax advisors to navigate individual tax situations correctly. This reporting form is integral for shareholders to understand the nature of their earnings and how they should prepare for tax obligations.
Key Distribution Information
The below table summarizes the key distribution details, showcasing significant aspects such as the record date, payment date, and dividend amounts:
Distribution Breakdown
The following information outlines the 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 |
|---|---|---|---|---|---|---|---|
| 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 |
Final Summary of Distributions
In total, the company anticipates to distribute $1.0600 per share in 2024. This amount consists of various components as follows:
Total Distribution Breakdown
- Ordinary Taxable Dividend: $0.5224
- Return of Capital: $0.5360
- Capital Gain: $0.0016
- Unrecaptured Sec. 1250 Capital Gain: $0.0000
This information highlights Easterly's commitment to transparency regarding tax implications related to its distributions.
About Easterly Government Properties, Inc.
Easterly Government Properties, Inc. (NYSE: DEA) is a Washington, D.C.-based company that is dedicated to acquiring and managing top-tier commercial properties leased to the U.S. Government. With a mission to be the trusted partner choice for the government, Easterly's management team possesses extensive industry knowledge that aligns with the needs of critical U.S. Government agencies. This ensures they are well-equipped to meet the demands of agencies seeking reliable and functional real estate solutions.
Frequently Asked Questions
What is the purpose of the tax characteristics announcement?
The announcement serves to inform shareholders about the tax nature of their distributions and to guide them in their tax planning for the year.
How can shareholders find detailed information about their distributions?
Shareholders can access detailed information by reviewing Form 1099-DIV sent to them and discussing specific tax situations with their advisors.
What are the expected total distributions for Easterly in 2024?
Easterly anticipates total distributions of $1.0600 per share in 2024.
What types of dividends can shareholders expect?
Shareholders can expect ordinary taxable dividends, capital gains, and returns of capital among their distributions.
Where can I learn more about Easterly Government Properties?
For more information, you can visit Easterly Government Properties' website directly, where they outline their services and properties.
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Disclaimer: The content of this article is solely for general informational purposes only; it does not represent legal, financial, or investment advice. Investors Hangout does not offer financial advice; the author is not a licensed financial advisor. Consult a qualified advisor before making any financial or investment decisions based on this article. The author's interpretation of publicly available data presented here; as a result, they should not be taken as advice to purchase, sell, or hold any securities mentioned or any other investments. If any of the material offered here is inaccurate, please contact us for corrections.