PPLUS Trust Series GSC-2 GSC 2 CT FL RT
PYTStock · quarterly payer
Forward Yield
5.47%
Annual Dividend
$1.30
Payout Ratio
—
5-Yr Growth
12.2%
Ex-Date
—
Frequency
Quarterly
Summary
As of August 2026, PPLUS Trust Series GSC-2 GSC 2 CT FL RT (PYT) yields 5.47% ($1.30 per share annually), with a blended fair-value estimate of $20.88 — -12% downside, so it screens as fairly valued. Dividend safety grade: D (47/100).
Is PYT a good dividend stock?
MixedPPLUS Trust Series GSC-2 GSC 2 CT FL RT (PYT) pays a quarterly dividend yielding 5.47% ($1.30/yr), with 0 years of growth and a dividend-safety grade of D. The picture is mixed — the dividend pays, but safety or growth signals are weaker than ideal.
Advantages
- Strong 12.2% 5-yr dividend growth
Risks
- Cut its dividend in 2025
- Share price is down over the past 5 years
- Below-average dividend safety score
Key Data
- Dividend Yield
- 5.47%
- Payout Ratio
- —
- Annual Dividend
- $1.30
- 5-Yr Avg Growth
- 12.2%
- Ex-Dividend Date
- —
- Years of Growth
- 0
- Frequency
- quarterly
- Beta
- —
- Market Cap
- —
- P/E Ratio
- —
- 5-Yr Total Return
- -2%
- 52-Week Range
- $22.60 – $24.67
- Dividend Safety
- D · 47/100
- Ever Cut?
- Yes (2025)
Frequently Asked Questions
PYT Price — Last 12 Months
Daily close
Price Return
1 Year
+1%
3 Years
+8%
5 Years
-2%
52-Week Range
$22.60 – $24.67
Price change over each period (excludes dividends). Past performance doesn't guarantee future results.
What is PYT worth?
Fairly valuedlow confidenceOur blended fair-value estimate for PPLUS Trust Series GSC-2 GSC 2 CT FL RT is $20.88 per share, versus a market price of $23.74. That implies the stock is roughly fairly priced.
Fair Value
$20.88
Current Price
$23.74
Gap
-12%
Margin of Safety
-14%
How we get there
Dividend discount
Discounts the future dividend stream back to today.
Assumptions: 9.3% discount rate (CAPM), 4.0% stage-1 growth, 2.5% terminal growth, $1.30 annual dividend. Updated weekly.
Fair-value estimates are model output for educational purposes only — not investment advice or a price target.
PYT Dividend Safety Score
Risky
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 |
|---|---|---|---|
| May 14, 2026 | — | $0.2880 | regular |
| Feb 13, 2026 | — | $0.3170 | regular |
| Nov 14, 2025 | — | $0.3470 | regular |
| Aug 14, 2025 | — | $0.3470 | regular |
| May 14, 2025 | — | $0.3250 | regular |
| Feb 14, 2025 | — | $0.3720 | regular |
| Nov 14, 2024 | — | $0.3980 | regular |
| Aug 14, 2024 | — | $0.4110 | regular |
| May 13, 2024 | — | $0.4010 | regular |
| Aug 11, 2023 | — | $0.3900 | regular |
| Feb 13, 2023 | — | $0.3490 | regular |
| Aug 11, 2022 | — | $0.1900 | regular |
| May 12, 2022 | — | $0.1880 | regular |
| Feb 11, 2022 | — | $0.1920 | regular |
Income Calculator
At $1.30 / yr per share
