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PIMCOorate &ome Strategy Fund (PIMCOorate &ome Strategy Fund) Dividend Payout Ratio : 0.66 (As of Dec. 2023)


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What is PIMCOorate &ome Strategy Fund Dividend Payout Ratio?

PIMCOorate &ome Strategy Fund's dividend payout ratio for the months ended in Dec. 2023 was 0.66.

Warning Sign:

If a company's dividend payout ratio is too high, its dividend may not be sustainable. The dividend payout ratio of PIMCO Corporate & Income Strategy Fund is 0.93, which seems too high.

The historical rank and industry rank for PIMCOorate &ome Strategy Fund's Dividend Payout Ratio or its related term are showing as below:

PCN' s Dividend Payout Ratio Range Over the Past 10 Years
Min: 0.36   Med: 0.99   Max: 1.52
Current: 0.93


During the past 7 years, the highest Dividend Payout Ratio of PIMCOorate &ome Strategy Fund was 1.52. The lowest was 0.36. And the median was 0.99.

PCN's Dividend Payout Ratio is ranked worse than
57.89% of 938 companies
in the Asset Management industry
Industry Median: 0.82 vs PCN: 0.93

As of today (2024-04-27), the Dividend Yield % of PIMCOorate &ome Strategy Fund is 10.67%.

During the past 7 years, the highest Trailing Annual Dividend Yield of PIMCOorate &ome Strategy Fund was 12.49%. The lowest was 5.64%. And the median was 7.32%.

PIMCOorate &ome Strategy Fund's Dividends per Share for the months ended in Dec. 2023 was $0.68.

During the past 7 years, the highest 3-Year average Dividends Per Share Growth Rate of PIMCOorate &ome Strategy Fund was 10.00% per year. The lowest was 3.20% per year. And the median was 6.60% per year.

The growth rate is calculated with least square regression.

For more information regarding to dividend, please check our Dividend Page.


PIMCOorate &ome Strategy Fund Dividend Payout Ratio Historical Data

The historical data trend for PIMCOorate &ome Strategy Fund's Dividend Payout Ratio can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

PIMCOorate &ome Strategy Fund Dividend Payout Ratio Chart

PIMCOorate &ome Strategy Fund Annual Data
Trend Jul17 Jul18 Jul19 Jul20 Jul21 Jun22 Jun23
Dividend Payout Ratio
Get a 7-Day Free Trial 0.99 - 0.41 - 1.52

PIMCOorate &ome Strategy Fund Semi-Annual Data
Jul17 Jan18 Jul18 Jan19 Jul19 Jan20 Jul20 Jan21 Jul21 Jan22 Dec22 Jun23 Dec23
Dividend Payout Ratio Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.86 22.50 1.57 1.55 0.66

Competitive Comparison of PIMCOorate &ome Strategy Fund's Dividend Payout Ratio

For the Asset Management subindustry, PIMCOorate &ome Strategy Fund's Dividend Payout Ratio, along with its competitors' market caps and Dividend Payout Ratio data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


PIMCOorate &ome Strategy Fund's Dividend Payout Ratio Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, PIMCOorate &ome Strategy Fund's Dividend Payout Ratio distribution charts can be found below:

* The bar in red indicates where PIMCOorate &ome Strategy Fund's Dividend Payout Ratio falls into.



PIMCOorate &ome Strategy Fund Dividend Payout Ratio Calculation

Dividend payout ratio measures the percentage of the company's earnings paid out as dividends.

PIMCOorate &ome Strategy Fund's Dividend Payout Ratio for the fiscal year that ended in Jun. 2023 is calculated as

Dividend Payout Ratio=Dividends per Share (A: Jun. 2023 )/ EPS without NRI (A: Jun. 2023 )
=1.35/ 0.89
=1.52

PIMCOorate &ome Strategy Fund's Dividend Payout Ratio for the quarter that ended in Dec. 2023 is calculated as

Dividend Payout Ratio=Dividends per Share (Q: Dec. 2023 )/ EPS without NRI (Q: Dec. 2023 )
=0.675/ 1.02
=0.66

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


PIMCOorate &ome Strategy Fund (NYSE:PCN) Dividend Payout Ratio Explanation

In dividends investing, Payout Ratio and Dividend Growth Rate are the two most important variables for consideration. A lower payout ratio may indicate that the company has more room to increase its dividends.


PIMCOorate &ome Strategy Fund Dividend Payout Ratio Related Terms

Thank you for viewing the detailed overview of PIMCOorate &ome Strategy Fund's Dividend Payout Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.


PIMCOorate &ome Strategy Fund (PIMCOorate &ome Strategy Fund) Business Description

Traded in Other Exchanges
N/A
Address
1633 Broadway, New York, NY, USA, 10019
PIMCO Corporate & Income Strategy Fund is a closed-end management investment company. Its objective is to seek high current income. The secondary investment objective of the fund is capital preservation and appreciation. It invests in corporate bonds and notes, non-agency mortgage-backed securities, asset-backed securities, short-term instruments, and others.
Executives
Giang Huong Bui other: SEE REMARKS C/O PIMCO, 650 NEWPORT CENTER DRIVE, NEWPORT BEACH CA 92660
Bank Of America Corp /de/ other: Former 10% Owner BANK OF AMERICA CORPORATE CENTER, 100 N TRYON ST, CHARLOTTE NC 28255
Bank Of America Na other: Former 10% Owner 100 N. TRYON STREET, CHARLOTTE NC 28255
Maria Marchenko Golota officer: ASSISTANT TREASURER C/O PIMCO, 650 NEWPORT CENTER DRIVE, NEWPORT BEACH CA 92660
Jason Raul Duran officer: VICE PRESIDENT C/O PIMCO, 650 NEWPORT CENTER DRIVE, NEWPORT BEACH CA 92660
Gregory John Mason officer: VICE PRESIDENT C/O PIMCO, 650 NEWPORT CENTER DRIVE, NEWPORT BEACH CA 92660
Sonali Shah Pier other: SEE REMARKS C/O PIMCO, 650 NEWPORT CENTER DRIVE, NEWPORT BEACH CA 92660
Jason Robert Steiner other: SEE REMARKS 650 NEWPORT CENTER DR., NEWPORT BEACH CA 92660
Douglas Benjamin Burrill officer: Vice President C/O PIMCO, 650 NEWPORT CENTER DRIVE, NEWPORT BEACH CA 92660
Kenneth W. Lee officer: Vice President C/O PIMCO, 650 NEWPORT CENTER DRIVE, NEWPORT BEACH CA 92660
Kathleen Ann Mccartney director C/O PIMCO, 650 NEWPORT CENTER DRIVE, NEWPORT BEACH CA 92660
Keith Adam Werber officer: VICE PRESIDENT C/O PIMCO, 650 NEWPORT CENTER DRIVE, NEWPORT BEACH CA 92660
Elizabeth Davis Cantrill other: SEE REMARKS C/O PIMCO, 650 NEWPORT CENTER DRIVE, NEWPORT BEACH CA 92660
Julie Ann Meggers other: SEE REMARKS C/O PIMCO, 650 NEWPORT CENTER DRIVE, NEWPORT BEACH CA 92660
Mark Allen Jelic officer: Vice President C/O PACIFIC INVESTMENT MANAGEMENT, 650 NEWPORT CENTER DRIVE, NEWPORT BEACH CA 92660