Easterly Government Properties: Get Paid An 8% Yield While You Wait For The Stock To Rerate

Core Viewpoint - The article discusses the current state of Easterly Government Properties (DEA), highlighting its high-quality portfolio of government-leased assets and a reasonable balance sheet, while noting a decline in stock price since September 2024 [1]. Company Overview - Easterly Government Properties (DEA) is characterized by a portfolio of mission-critical government-leased assets, which are considered high-quality investments [1]. - The company maintains a balance sheet that is still viewed as reasonable despite recent stock price fluctuations [1]. Investment Philosophy - The investment philosophy emphasized in the article focuses on acquiring high-quality stocks and businesses that are managed by disciplined capital allocators, generate exceptional returns on capital, and have the potential to compound invested capital over long periods [1].