PIMCO Dynamic Income Strategy Fund
PDXFinancial Services · Stock · monthly payer
Forward Yield
7.92%
Annual Dividend
$1.60
Payout Ratio
169%
5-Yr Growth
-14.1%
Ex-Date
Sep 11, 2026
Frequency
Monthly
Summary
As of September 2026, PIMCO Dynamic Income Strategy Fund (PDX) yields 7.92% ($1.60 per share annually), with a blended fair-value estimate of $38.28 — +85% upside, so it screens as undervalued. Dividend safety grade: C (53/100). 1 years of dividend growth.
Is PDX a good dividend stock?
MixedPIMCO Dynamic Income Strategy Fund (PDX) pays a monthly dividend yielding 7.92% ($1.60/yr), with 1 year 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
- 58% total price return over 5 years
Risks
- Cut its dividend in 2024
- Elevated payout ratio (169%)
- Dividend has been shrinking, not growing
Key Data
- Dividend Yield
- 7.92%
- Payout Ratio
- 169%
- Annual Dividend
- $1.60
- 5-Yr Avg Growth
- -14.1%
- Ex-Dividend Date
- Sep 11, 2026
- Years of Growth
- 1
- Frequency
- monthly
- Beta
- —
- Market Cap
- $904.4M
- P/E Ratio
- 21.3
- 5-Yr Total Return
- 58%
- 52-Week Range
- $18.47 – $25.21
- Dividend Safety
- C · 53/100
- Ever Cut?
- Yes (2024)
Frequently Asked Questions
PDX Price — Last 12 Months
Daily close
Price Return
1 Year
-7%
3 Years
+9%
5 Years
+58%
52-Week Range
$18.47 – $25.21
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 $38.28 per share, versus a market price of $20.69. That implies 85% of upside — a margin of safety of about 46%.
Fair Value
$38.28
Current Price
$20.69
Upside
+85%
Margin of Safety
46%
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 -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, $0.95 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
Full PDX dividend history →| Ex-Date | Pay Date | Amount | Type |
|---|---|---|---|
| Sep 11, 2026 | — | $0.1330 | regular |
| Aug 13, 2026 | — | $0.1330 | regular |
| 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 |
Income Calculator
At $1.60 / yr per share
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