- A combination of organic rental growth, accretive acquisitions, and prudent capital management has allowed Parkway Life REIT (SGX:C2PU) to grow its distributions consistently since 2007.
- - Read this at SGinvestors.io -
DPU growth despite FX headwinds
- However, actual FX impact on DPU was mitigated by JPY net income hedges stretching till 1Q29. As a result, amount available for distribution was up 3.5% y-o-y at S$35.6m.
- - Read this at SGinvestors.io -
- See Parkway Life REIT's distribution dates. The distribution is due to be paid out on 30 Aug 2024.
Stable credit metrics and prudent capital management
- Read more at SGinvestors.io.
Above is the excerpt from report by OCBC Investment Research.
Clients of OCBC Securities may be the first to access the full report in PDF @ https://www.iocbc.com/.
Ada Lim OCBC Investment Research | https://www.iocbc.com/ 2024-07-29
Previous report by OCBC:
2024-05-02 Parkway Life REIT - A Stellar Start To The Year; 4% DPU Growth In Spite Of FX Headwinds.
Price targets by 2 other brokers at Parkway Life REIT Target Prices.
Listing of research reports at Parkway Life REIT Analyst Reports.
Relevant links:
Parkway Life REIT Share Price History,
Parkway Life REIT Announcements,
Parkway Life REIT Dividends & Corporate Actions,
Parkway Life REIT News Articles
