PCM Fund Inc.
PCMFinancial Services · Stock · monthly payer
Forward Yield
13.69%
Annual Dividend
$0.77
Payout Ratio
138%
5-Yr Growth
-4.4%
Ex-Date
Jul 13, 2026
Frequency
Monthly
Summary
As of July 2026, PCM Fund Inc. (PCM) yields 13.69% ($0.77 per share annually), with a blended fair-value estimate of $9.77 — +74% upside, so it screens as undervalued. Dividend safety grade: C (51/100).
Is PCM a good dividend stock?
MixedPCM Fund Inc. (PCM) pays a monthly dividend yielding 13.69% ($0.77/yr), with 0 years of growth and a dividend-safety grade of C. The picture is mixed — the dividend pays, but safety or growth signals are weaker than ideal.
Advantages
Risks
- Cut its dividend in 2025
- Elevated payout ratio (138%)
- Dividend has been shrinking, not growing
- Very high yield can signal elevated risk
- Share price is down over the past 5 years
Key Data
- Dividend Yield
- 13.69%
- Payout Ratio
- 138%
- Annual Dividend
- $0.77
- 5-Yr Avg Growth
- -4.4%
- Ex-Dividend Date
- Jul 13, 2026
- Years of Growth
- 0
- Frequency
- monthly
- Beta
- 0.52
- Market Cap
- $69.5M
- P/E Ratio
- 10.1
- 5-Yr Total Return
- -52%
- 52-Week Range
- $5.48 – $6.76
- Dividend Safety
- C · 51/100
- Ever Cut?
- Yes (2025)
Frequently Asked Questions
PCM Price — Last 12 Months
Daily close
Price Return
1 Year
-11%
3 Years
-38%
5 Years
-52%
52-Week Range
$5.48 – $6.76
Price change over each period (excludes dividends). Past performance doesn't guarantee future results.
What is PCM worth?
Undervaluedlow confidenceOur blended fair-value estimate for PCM Fund Inc. is $9.77 per share, versus a market price of $5.63. That implies 74% of upside — a margin of safety of about 42%.
Fair Value
$9.77
Current Price
$5.63
Upside
+74%
Margin of Safety
42%
How we get there
Dividend discount
Discounts the future dividend stream back to today.
Earnings multiple (Graham)
Graham's earnings-multiple formula, anchored to bond yields.
At today's price, the market is pricing in about -10.0% annual free-cash-flow growth. We model -4.4% — below our estimate, leaving room for upside if the business executes.
Assumptions: 7.0% discount rate (CAPM), -4.4% stage-1 growth, 2.5% terminal growth, $0.56 EPS, $0.77 annual dividend. Updated weekly.
Fair-value estimates are model output for educational purposes only — not investment advice or a price target.
PCM Dividend Safety Score
Borderline
SmarterDividends' proprietary score, backtested against which dividends were actually cut over 15+ years (0.78 AUC). It blends a validated cut-risk model (growth streak, cut history) with current payout, cash-flow and debt. Higher is safer · not investment advice.
Dividend Growth
Total dividends per share by year
Dividend History
| Ex-Date | Pay Date | Amount | Type |
|---|---|---|---|
| Jul 13, 2026 | — | $0.0640 | regular |
| Jun 11, 2026 | — | $0.0640 | regular |
| May 11, 2026 | — | $0.0640 | regular |
| Apr 13, 2026 | — | $0.0640 | regular |
| Mar 12, 2026 | — | $0.0640 | regular |
| Feb 12, 2026 | — | $0.0640 | regular |
| Jan 13, 2026 | — | $0.0640 | regular |
| Dec 11, 2025 | — | $0.0640 | regular |
| Nov 14, 2025 | — | $0.0640 | regular |
| Oct 14, 2025 | — | $0.0640 | regular |
| Sep 12, 2025 | — | $0.0640 | regular |
| Aug 11, 2025 | — | $0.0640 | regular |
| Jul 11, 2025 | — | $0.0640 | regular |
| Jun 12, 2025 | — | $0.0640 | regular |
Income Calculator
At $0.77 / yr per share
