PIMCO Global StocksPLUS & Income Fund
PGPFinancial Services · Stock · monthly payer
Forward Yield
9.35%
Annual Dividend
$0.83
Payout Ratio
39%
5-Yr Growth
-2.8%
Ex-Date
Sep 11, 2026
Frequency
Monthly
Summary
As of September 2026, PIMCO Global StocksPLUS & Income Fund (PGP) yields 9.35% ($0.83 per share annually), with a blended fair-value estimate of $16.49 — +86% upside, so it screens as undervalued. Dividend safety grade: B (73/100).
Is PGP a good dividend stock?
Yes, with caveatsPIMCO Global StocksPLUS & Income Fund (PGP) pays a monthly dividend yielding 9.35% ($0.83/yr), with 0 years of growth and a dividend-safety grade of B. It's a solid income payer, but check the caveats below before buying.
Advantages
- Comfortable payout ratio (39%)
Risks
- Cut its dividend in 2020
- 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
- 9.35%
- Payout Ratio
- 39%
- Annual Dividend
- $0.83
- 5-Yr Avg Growth
- -2.8%
- Ex-Dividend Date
- Sep 11, 2026
- Years of Growth
- 0
- Frequency
- monthly
- Beta
- 1.01
- Market Cap
- $98.5M
- P/E Ratio
- 4.7
- 5-Yr Total Return
- -18%
- 52-Week Range
- $8.04 – $9.41
- Dividend Safety
- B · 73/100
- Ever Cut?
- Yes (2020)
Frequently Asked Questions
PGP Price — Last 12 Months
Daily close
Price Return
1 Year
+4%
3 Years
+34%
5 Years
-18%
52-Week Range
$8.04 – $9.41
Price change over each period (excludes dividends). Past performance doesn't guarantee future results.
What is PGP worth?
Undervaluedlow confidenceOur blended fair-value estimate for PIMCO Global StocksPLUS & Income Fund is $16.49 per share, versus a market price of $8.85. That implies 86% of upside — a margin of safety of about 46%.
Fair Value
$16.49
Current Price
$8.85
Upside
+86%
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 0.0% — below our estimate, leaving room for upside if the business executes.
Assumptions: 9.4% discount rate (CAPM), 0.0% stage-1 growth, 2.5% terminal growth, $1.79 EPS, $0.83 annual dividend. Updated weekly.
Fair-value estimates are model output for educational purposes only — not investment advice or a price target.
PGP Dividend Safety Score
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 | — | $0.0690 | regular |
| Jul 13, 2026 | — | $0.0690 | regular |
| Jun 11, 2026 | — | $0.0690 | regular |
| May 11, 2026 | — | $0.0690 | regular |
| Apr 13, 2026 | — | $0.0690 | regular |
| Mar 12, 2026 | — | $0.0690 | regular |
| Feb 12, 2026 | — | $0.0690 | regular |
| Jan 13, 2026 | — | $0.0690 | regular |
| Dec 11, 2025 | — | $0.0690 | regular |
| Nov 14, 2025 | — | $0.0690 | regular |
| Oct 14, 2025 | — | $0.0690 | regular |
| Sep 12, 2025 | — | $0.0690 | regular |
| Aug 11, 2025 | — | $0.0690 | regular |
| Jul 11, 2025 | — | $0.0690 | regular |
Income Calculator
At $0.83 / yr per share
