TCW Strategic Income Fund, Inc.
TSIFinancial Services · Stock · monthly payer
Forward Yield
6.93%
Annual Dividend
$0.31
Payout Ratio
69%
5-Yr Growth
-1.1%
Ex-Date
Jul 16, 2026
Frequency
Monthly
Summary
As of July 2026, TCW Strategic Income Fund, Inc. (TSI) yields 6.93% ($0.31 per share annually), with a blended fair-value estimate of $4.55 — +3% upside, so it screens as fairly valued. Dividend safety grade: C (63/100). 1 years of dividend growth.
Is TSI a good dividend stock?
Yes, with caveatsTCW Strategic Income Fund, Inc. (TSI) pays a monthly dividend yielding 6.93% ($0.31/yr), with 1 year 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
- 6.93%
- Payout Ratio
- 69%
- Annual Dividend
- $0.31
- 5-Yr Avg Growth
- -1.1%
- Ex-Dividend Date
- Jul 16, 2026
- Years of Growth
- 1
- Frequency
- monthly
- Beta
- 0.31
- Market Cap
- $214.7M
- P/E Ratio
- 11.1
- 5-Yr Total Return
- -23%
- 52-Week Range
- $4.41 – $5.06
- Dividend Safety
- C · 63/100
- Ever Cut?
- Yes (2021)
Frequently Asked Questions
TSI Price — Last 12 Months
Daily close
Price Return
1 Year
-11%
3 Years
-6%
5 Years
-23%
52-Week Range
$4.41 – $5.06
Price change over each period (excludes dividends). Past performance doesn't guarantee future results.
What is TSI worth?
Fairly valuedmedium confidenceOur blended fair-value estimate for TCW Strategic Income Fund, Inc. is $4.55 per share, versus a market price of $4.42. That implies the stock is roughly fairly priced.
Fair Value
$4.55
Current Price
$4.42
Gap
+3%
Margin of Safety
3%
How we get there
Dividend discount
Discounts the future dividend stream back to today.
Earnings multiple (Graham)
Graham's earnings-multiple formula, anchored to bond yields.
Assumptions: 7.0% discount rate (CAPM), -2.3% stage-1 growth, 2.5% terminal growth, $0.40 EPS, $0.31 annual dividend. Updated weekly.
Fair-value estimates are model output for educational purposes only — not investment advice or a price target.
TSI 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
| Ex-Date | Pay Date | Amount | Type |
|---|---|---|---|
| Jul 16, 2026 | — | $0.0280 | regular |
| Jun 15, 2026 | — | $0.0280 | regular |
| 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 |
Income Calculator
At $0.31 / yr per share
