| Dividend Yield | 3.96% |
| P/B Ratio | 1.74 |
| Aggregate Leverage Ratio | 37.5 |
| Occupancy Rate | 99.7% |
| WALE | 15.83 year(s) |
| Interest Coverage Ratio | 10.2 times |
| Fixed Rate Debt | 91% |
| Ex-dividend Date | 2 Aug 2024 |
| Record Date | 5 Aug 2024 |
| Payout Date | 30 Aug 2024 |
| Type | Healthcare |
Remarks
The higher price-to-book P/B ratio of 1.7 indicates a significant premium to its fair value. This premium may be attributed to the healthcare sector's defensive nature, prudent financial management, and consistent track record of delivering growing DPUs.
David Ang - 17 Oct 2024Parkway Life Real Estate Investment Trust's (PLife) debt maturity profile is well-staggered, with just 3% due for FY24/25 and none for FY25/26. PLife is well-equipped to weather potential prolonged periods of higher interest rates.
David Ang - 17 Oct 2024Despite the lower -2.2% gross revenue this 1H 2024 YoY, Parkway Life Real Estate Investment Trust (PLife) still managed to grow its DPU this quarter by 2.8% YoY. PLife is one of the few S-REITs that has consistently increased its DPU yearly for over a decade.
David Ang - 17 Oct 2024Parkway Life Real Estate Investment Trust (PLife) has prudent financial management, with an aggregate leverage ratio of only 37.5% (up from 35.3% last quarter) and an interest coverage ratio of 10.2 times (down from 10.6 times last quarter). The percentage of debt hedged to a fixed rate is also healthy at 91%.
David Ang - 17 Oct 2024Geographical Exposure
| Singapore | 66.9% |
| Japan | 32.9% |
| Malaysia | 0.2% |
Sectoral Exposure
| Healthcare | 100% |
Dividend Distribution History (DPU)
Debt Maturity Profile
In $ millions
Show debt maturity profile details
| Fiscal Year | Debt (in $ millions) | Percentage |
|---|---|---|
| FY24/25 | 25 | 3% |
| FY25/26 | 0 | 0% |
| FY26/27 | 231 | 26% |
| FY27/28 | 254 | 29% |
| FY28/29 | 53 | 6% |
| FY29/30 | 73 | 8% |
| FY30/31 | 151 | 17% |
| FY31/32 | 102 | 11% |
Disclaimer: We do not guarantee the data above is accurate. The information presented here is for general information only. It is not intended to be and does not constitute financial advice, investment advice, trading advice, or any other advice or recommendation of any sort. Please do your own research before investing.