PIMCO Dynamic Income Fund
PDIFinancial Services · Stock · monthly payer
Forward Yield
17.26%
Annual Dividend
$2.65
Payout Ratio
128%
5-Yr Growth
0.0%
Ex-Date
Sep 11, 2026
Frequency
Monthly
Summary
As of September 2026, PIMCO Dynamic Income Fund (PDI) yields 17.26% ($2.65 per share annually), with a blended fair-value estimate of $18.35 — +20% upside, so it screens as undervalued. Dividend safety grade: A (80/100).
Is PDI a good dividend stock?
YesPIMCO Dynamic Income Fund (PDI) pays a monthly dividend yielding 17.26% ($2.65/yr), with 0 years of growth and a dividend-safety grade of A. It scores well across payout coverage, growth history and safety — a dependable income holding.
Advantages
- Never cut its dividend on record
- Top-tier dividend safety score
Risks
- Elevated payout ratio (128%)
- Very high yield can signal elevated risk
- Share price is down over the past 5 years
Key Data
- Dividend Yield
- 17.26%
- Payout Ratio
- 128%
- Annual Dividend
- $2.65
- 5-Yr Avg Growth
- 0.0%
- Ex-Dividend Date
- Sep 11, 2026
- Years of Growth
- 0
- Frequency
- monthly
- Beta
- —
- Market Cap
- $7.1B
- P/E Ratio
- 7.5
- 5-Yr Total Return
- -42%
- 52-Week Range
- $14.88 – $20.17
- Dividend Safety
- A · 80/100
- Ever Cut?
- No
Frequently Asked Questions
PDI Price — Last 12 Months
Daily close
Price Return
1 Year
-23%
3 Years
-11%
5 Years
-42%
52-Week Range
$14.88 – $20.17
Price change over each period (excludes dividends). Past performance doesn't guarantee future results.
What is PDI worth?
Undervaluedlow confidenceOur blended fair-value estimate for PIMCO Dynamic Income Fund is $18.35 per share, versus a market price of $15.33. That implies 20% of upside — a margin of safety of about 16%.
Fair Value
$18.35
Current Price
$15.33
Upside
+20%
Margin of Safety
16%
How we get there
Discounted cash flow
Discounts projected free cash flow back to today.
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 15.4% annual free-cash-flow growth. We model 0.0% — so the price already assumes faster growth than we think is likely.
Assumptions: 9.3% discount rate (CAPM), 0.0% stage-1 growth, 2.5% terminal growth, $2.04 EPS, $2.65 annual dividend. Updated weekly.
Fair-value estimates are model output for educational purposes only — not investment advice or a price target.
PDI Dividend Safety Score
Very Safe
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 |
|---|---|---|---|
| Aug 13, 2026 | — | $0.2210 | regular |
| Jul 13, 2026 | — | $0.2210 | regular |
| Jun 11, 2026 | — | $0.2210 | regular |
| May 11, 2026 | — | $0.2210 | regular |
| Apr 13, 2026 | — | $0.2210 | regular |
| Mar 12, 2026 | — | $0.2210 | regular |
| Feb 12, 2026 | — | $0.2210 | regular |
| Jan 13, 2026 | — | $0.2210 | regular |
| Dec 11, 2025 | — | $0.2210 | regular |
| Nov 14, 2025 | — | $0.2210 | regular |
| Oct 14, 2025 | — | $0.2210 | regular |
| Sep 12, 2025 | — | $0.2210 | regular |
| Aug 11, 2025 | — | $0.2210 | regular |
| Jul 11, 2025 | — | $0.2210 | regular |
Income Calculator
At $2.65 / yr per share
