About Parkway Life Real Estate Investment Trust (PRKWF) — Dividend Analysis 2026
Parkway Life Real Estate Investment Trust ("PLife REIT") is one of Asia's largest listed healthcare REITs by asset size. It invests in income-producing real estate and real estate related assets that are used primarily for healthcare and healthcare-related purposes (including but are not limited to, hospitals, healthcare facilities and real estate and/or real estate assets used in connection with healthcare research, education, and the manufacture or storage of drugs, medicine and other healthcare goods and devices). PLife REIT owns a well-diversified portfolio of 54 properties located in the Asia Pacific region, with a total portfolio size of approximately S$2.02 billion3 as at 31 December 2020. It owns the largest portfolio of strategically-located private hospitals in Singapore comprising Mount Elizabeth Hospital, Gleneagles Hospital and Parkway East Hospital. In addition, it has 50 assets of high quality nursing home and care facility properties in various prefectures of Japan. It also owns strata-titled units/lots in MOB Specialist Clinics Kuala Lumpur in Malaysia.
Is PRKWF a good dividend investment in 2026?
PRKWF offers a 3.90% forward yield with a 50% payout ratio. Strand Safety Score: 45/100 (Moderate Risk). The 5-year dividend CAGR of -4.9% is modest — investors should weigh current income against growth alternatives.
PRKWF DRIP calculator — what's the difference?
With DRIP on a $10,000 investment over 10 years, your PRKWF portfolio grows to $1.37M vs $1.30M without reinvestment. This is the compound interest effect in action.
PRKWF dividend growth history & forecast
PRKWF has grown its dividend by 0% over the last year and -4.9% annually over 5 years. At this pace, an investor who holds for 10+ years will see their yield on cost grow substantially above the current 3.90%.
Company generates negative FCF ($0) — borrowing to pay dividends
Debt Leverage0.0× Debt/EBITDA
30 / 30 pts
30/30
Debt/EBITDA 0.0× — low leverage, balance sheet is strong
Earnings Momentum+0.2B → +0.1B → +0.1B
15 / 30 pts
15/30
Net income grew in the latest year — positive but trend is unconfirmed
OVERALL ASSESSMENT
Dividend at moderate risk — monitor coverage and debt closely.
STRAND SCORE
45
/100
Strand Safety Score™ is proprietary to DividendFlow. Inputs: FCF, Debt/EBITDA, Net Income from SEC filings via FMP. Not financial advice. N/A for ETFs, pre-revenue companies, and tickers without income statements.
🌍 PRKWF Yield by Country & Account Type
Real after-tax yield depends on where you live and how you hold PRKWF.
Gross yield
3.90%
Tax rate
15.00%
After-tax yield
3.31%
Real yield (−CPI)
0.52%
Account/Country
Tax Rate
After-tax Yield
Real Yield
$10K Annual Income
🇺🇸 Roth IRA / 401k
0%
3.90%
1.10%
$390 / yr
🇺🇸 US Taxable (15%) ✓
15%
3.31%
0.52%
$332 / yr
🇺🇸 US Taxable (20%)
20%
3.12%
0.32%
$312 / yr
🇬🇧 UK ISA
0%
3.90%
1.10%
$390 / yr
🇬🇧 UK Taxable
8.75%
3.56%
0.76%
$356 / yr
🇨🇦 TFSA
0%
3.90%
1.10%
$390 / yr
🇨🇦 CA Taxable
25%
2.92%
0.13%
$293 / yr
🇦🇺 Super (pension)
15%
3.31%
0.52%
$332 / yr
🇦🇺 AU Taxable
30%
2.73%
-0.07%
$273 / yr
🇩🇪 DE Taxable
26.375%
2.87%
0.07%
$287 / yr
🇫🇷 FR Taxable
30%
2.73%
-0.07%
$273 / yr
Real yield = after-tax yield minus US CPI of 2.8%. 12-month CPI (US BLS via FMP economic-indicators). Click any row to select. US withholding tax (30%, reducible by treaty) applies to non-US residents holding US stocks in taxable accounts.
🎯 PRKWF Income Goal & Break-Even
Dividend Break-Even
50yr+
Years for dividends to fully repay your PRKWF investment of $3.08/share (🇺🇸 US Taxable (15%) · 15.00% tax)
$10K invested · 10 Years
Dividends earned (DRIP)
$2.6K
Lost to inflation (2.8% CPI)
−$2.5K
Real purchasing power gain
$154.34
12-month CPI (US BLS via FMP economic-indicators).
How much do I need to invest in PRKWF for:
Shares needed
235,138
Capital required
$724,225
Monthly income
$2,000
Based on current dividend of $0.12/share/yr · 🇺🇸 US Taxable (15%) · static projection (no growth assumed).
📅 PRKWF Dividend Payment Schedule
PRKWF pays quarterly — 4 times per year. Next ex-div: TBD.
Jan
Feb
Mar
💰
Apr
May
Jun
💰
Jul
Aug
Sep
💰
Oct
Nov
Dec
💰
10 shares
$0.26 / payment
$1.02 / year after tax
100 shares
$2.55 / payment
$10.21 / year after tax
1,000 shares
$25.52 / payment
$102.07 / year after tax
📊 PRKWF vs Real Estate Benchmarks
How PRKWF compares to typical Real Estate averages.
Benchmark: Real Estate
Dividend Yield▼-1.30% vs sectorBelow avg
PRKWF
3.90%
avg
5.20%
5Y Dividend CAGR▼-9.00% vs sectorBelow avg
PRKWF
-4.90%
avg
4.10%
Payout Ratio▲-28.00% vs sectorBetter
PRKWF
50.00%
avg
78.00%
Benchmarks: S&P 500 sector averages (2024–2026). Sources: Morningstar, Bloomberg, NAREIT. 5Y CAGR for PRKWF sourced from FMP /financial-growth endpoint — real data, not estimates.
🏛️ PRKWF Insider Activity
No recent SEC filings reported in the last 90 days.
🔬
Financial Health Scores
Altman Z-Score
1.73
🔴 Distress Zone — elevated dividend cut risk
Safe: >3.0 · Grey: 1.81–3.0 · Distress: <1.81
Piotroski F-Score
3/9
🔴 Weak fundamentals — dividend safety concern
Strong: 7–9 · Moderate: 4–6 · Weak: 0–3
Altman Z-Score predicts bankruptcy risk. Piotroski F-Score measures financial strength across 9 criteria. High scores → lower dividend cut risk. Data via FMP financial statements.
📊 About This Data
Dividend yields, payout ratios, and financial metrics are sourced from Financial Modeling Prep (FMP) and cross-referenced with SEC EDGAR filings. Data is cached and updated every 24 hours via our nightly refresh. DRIP projections are forward-looking estimates, not guarantees.
Educational purposes only. Not financial advice. DividendFlow is not a registered investment advisor. Projections generated by the PRKWF dividend calculator are estimates based on historical data and user inputs. Actual future returns, stock prices, and dividend payments will vary. Dividends can be cut or suspended at any time. All investments carry risk, including the loss of principal. Please consult a qualified financial professional before making any investment decisions. Full disclaimer →