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PLife REIT reports 3QFY2021 DPU of 3.56 cents, up 0.8% y-o-y

The Edge Singapore
The Edge Singapore 11/3/2021 10:30 PM GMT+08  • 2 min read
PLife REIT reports 3QFY2021 DPU of 3.56 cents, up 0.8% y-o-y
At this price and DPU, the REIT has an annualised yield of 3.06%.
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Parkway Life REIT, which owns 55 properties ranging from hospitals to nursing homes, has increased its distribution per unit for 3QFY2021 to 3.56 cents, up 0.8% y-o-y.

This brings its total distribution thus far this year to 10.51 cents per unit, up 2.9% y-o-y.

The REIT’s distributable income for 3Q was $21.6 million, up 0.8% y-o-y whereas gross revenue was up 1.2% y-o-y to $30.5 million.

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