PIMCO Dynamic Income Strategy Fund
PDXFinancial Services · Stock · monthly payer
Forward Yield
7.60%
Annual Dividend
$1.60
Payout Ratio
41%
5-Yr Growth
-14.1%
Ex-Date
Jul 13, 2026
Frequency
Monthly
Summary
As of July 2026, PIMCO Dynamic Income Strategy Fund (PDX) yields 7.60% ($1.60 per share annually), with a blended fair-value estimate of $49.19 — +133% upside, so it screens as undervalued. Dividend safety grade: C (61/100). 1 years of dividend growth.
Is PDX a good dividend stock?
Yes, with caveatsPIMCO Dynamic Income Strategy Fund (PDX) pays a monthly dividend yielding 7.60% ($1.60/yr), with 1 year of growth and a dividend-safety grade of C. It's a solid income payer, but check the caveats below before buying.
Advantages
- Comfortable payout ratio (41%)
- 84% total price return over 5 years
Risks
- Cut its dividend in 2024
- Dividend has been shrinking, not growing
Key Data
- Dividend Yield
- 7.60%
- Payout Ratio
- 41%
- Annual Dividend
- $1.60
- 5-Yr Avg Growth
- -14.1%
- Ex-Dividend Date
- Jul 13, 2026
- Years of Growth
- 1
- Frequency
- monthly
- Beta
- —
- Market Cap
- $942.4M
- P/E Ratio
- —
- 5-Yr Total Return
- 84%
- 52-Week Range
- $18.47 – $25.22
- Dividend Safety
- C · 61/100
- Ever Cut?
- Yes (2024)
Frequently Asked Questions
PDX Price — Last 12 Months
Daily close
Price Return
1 Year
-15%
3 Years
+23%
5 Years
+84%
52-Week Range
$18.47 – $25.22
Price change over each period (excludes dividends). Past performance doesn't guarantee future results.
What is PDX worth?
Undervaluedlow confidenceOur blended fair-value estimate for PIMCO Dynamic Income Strategy Fund is $49.19 per share, versus a market price of $21.07. That implies 133% of upside — a margin of safety of about 57%.
Fair Value
$49.19
Current Price
$21.07
Upside
+133%
Margin of Safety
57%
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.
At today's price, the market is pricing in about -10.0% annual free-cash-flow growth. We model -5.0% — below our estimate, leaving room for upside if the business executes.
Assumptions: 9.3% discount rate (CAPM), -5.0% stage-1 growth, 2.5% terminal growth, -$0.60 EPS, $1.60 annual dividend. Updated weekly.
Fair-value estimates are model output for educational purposes only — not investment advice or a price target.
PDX 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 | — | $0.1330 | regular |
| Jun 11, 2026 | — | $0.1330 | regular |
| May 11, 2026 | — | $0.1330 | regular |
| Apr 13, 2026 | — | $0.1330 | regular |
| Mar 12, 2026 | — | $0.1330 | regular |
| Feb 12, 2026 | — | $0.1330 | regular |
| Jan 13, 2026 | — | $0.1330 | regular |
| Dec 29, 2025 | — | $2.9700 | regular |
| Dec 11, 2025 | — | $0.1330 | regular |
| Nov 14, 2025 | — | $0.1330 | regular |
| Oct 14, 2025 | — | $0.1330 | regular |
| Sep 12, 2025 | — | $0.1330 | regular |
| Aug 11, 2025 | — | $0.1330 | regular |
| Jul 11, 2025 | — | $0.1330 | regular |
Income Calculator
At $1.60 / yr per share
