TCW Strategic Income Fund, Inc.
TSIFinancial Services · Stock · monthly payer
$4.52
Add to PortfolioForward Yield
6.94%
Annual Dividend
$0.31
Payout Ratio
69%
5-Yr Growth
-2.3%
Ex-Date
May 15, 2026
Frequency
Monthly
TSI Dividend Safety Score
62/ 100
Grade C
Borderline
Dividend-growth streak0 consecutive years of growth
Cut historyCut its dividend in 2026
Earnings payout coverage69% of earnings paid out
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 TSI a good dividend stock?
Yes, with caveatsTCW Strategic Income Fund, Inc. (TSI) pays a monthly dividend yielding 6.94% ($0.31/yr), with 4 years of growth and a dividend-safety grade of C. It's a solid income payer, but check the caveats below before buying.
Advantages
Risks
- Cut its dividend in 2021
- Dividend has been shrinking, not growing
- Share price is down over the past 5 years
Key Data
- Dividend Yield
- 6.94%
- Payout Ratio
- 69%
- Annual Dividend
- $0.31
- 5-Yr Avg Growth
- -2.3%
- Ex-Dividend Date
- May 15, 2026
- Years of Growth
- 4
- Frequency
- monthly
- Beta
- 0.31
- Market Cap
- $218.6M
- P/E Ratio
- 11.3
- 5-Yr Total Return
- -24%
- 52-Week Range
- $4.43 – $5.06
- Dividend Safety
- C · 62/100
- Ever Cut?
- Yes (2021)
Frequently Asked Questions
Dividend History
| Ex-Date | Pay Date | Amount | Type |
|---|---|---|---|
| May 15, 2026 | — | $0.0280 | regular |
| Apr 15, 2026 | — | $0.0280 | regular |
| Mar 3, 2026 | — | $0.0220 | regular |
| Feb 12, 2026 | — | $0.0220 | regular |
| Jan 15, 2026 | — | $0.0220 | regular |
| Dec 31, 2025 | — | $0.1300 | regular |
| Sep 30, 2025 | — | $0.0650 | regular |
| Jun 30, 2025 | — | $0.0650 | regular |
| Mar 31, 2025 | — | $0.0650 | regular |
| Dec 31, 2024 | — | $0.2050 | regular |
| Sep 30, 2024 | — | $0.0600 | regular |
| Jun 28, 2024 | — | $0.0600 | regular |
| Mar 27, 2024 | — | $0.0600 | regular |
| Dec 28, 2023 | — | $0.1750 | regular |
Income Calculator
At $0.31 / yr per share
Per payment (monthly)$2.58
Annual$31.00
Monthly avg$2.58
