PIMCO Corporate & Income Strategy Fund
PCN23 yrs growthFinancial Services · Stock · monthly payer
$11.82
Add to PortfolioForward Yield
11.42%
Annual Dividend
$1.35
Payout Ratio
106%
5-Yr Growth
0.0%
Ex-Date
Jun 11, 2026
Frequency
Monthly
PCN Dividend Safety Score
70/ 100
Grade B
Safe
Dividend-growth streak10 consecutive years of growth
Cut historyCut its dividend in 2015
Earnings payout coverage106% of earnings paid out
Balance-sheet strengthDebt/equity of 0.20
Yield vs its historyYield in line with its history
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
Is PCN a good dividend stock?
Yes, with caveatsPIMCO Corporate & Income Strategy Fund (PCN) pays a monthly dividend yielding 11.42% ($1.35/yr), with 23 years of growth and a dividend-safety grade of B. It's a solid income payer, but check the caveats below before buying.
Advantages
- 23 consecutive years of dividend growth
Risks
- Cut its dividend in 2015
- Elevated payout ratio (106%)
- Very high yield can signal elevated risk
- Share price is down over the past 5 years
Key Data
- Dividend Yield
- 11.42%
- Payout Ratio
- 106%
- Annual Dividend
- $1.35
- 5-Yr Avg Growth
- 0.0%
- Ex-Dividend Date
- Jun 11, 2026
- Years of Growth
- 23
- Frequency
- monthly
- Beta
- 0.79
- Market Cap
- $871.5M
- P/E Ratio
- 9.3
- 5-Yr Total Return
- -37%
- 52-Week Range
- $11.40 – $13.49
- Dividend Safety
- B · 70/100
- Ever Cut?
- Yes (2015)
Frequently Asked Questions
Dividend History
| Ex-Date | Pay Date | Amount | Type |
|---|---|---|---|
| May 11, 2026 | — | $0.1130 | regular |
| Apr 13, 2026 | — | $0.1130 | regular |
| Mar 12, 2026 | — | $0.1130 | regular |
| Feb 12, 2026 | — | $0.1130 | regular |
| Jan 13, 2026 | — | $0.1130 | regular |
| Dec 11, 2025 | — | $0.1130 | regular |
| Nov 14, 2025 | — | $0.1130 | regular |
| Oct 14, 2025 | — | $0.1130 | regular |
| Sep 12, 2025 | — | $0.1130 | regular |
| Aug 11, 2025 | — | $0.1130 | regular |
| Jul 11, 2025 | — | $0.1130 | regular |
| Jun 12, 2025 | — | $0.1130 | regular |
| May 12, 2025 | — | $0.1130 | regular |
| Apr 11, 2025 | — | $0.1130 | regular |
Income Calculator
At $1.35 / yr per share
Per payment (monthly)$11.25
Annual$135.00
Monthly avg$11.25
