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Definitive Analysis

Financial Statements

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Page: Dividend Discount Model

PIMCO Income Strategy Fund

Ticker: PFL | Industry: Asset Management - Income | Sector: Financial Services
$8.41 -0.02 (-0.24%)
As of: 2026-01-23

Master Data Export


Dividend Discount Models Snapshot

ModelRangeSelected
Stable Growth DDM$48.35 - $109.42$68.78
Multi-Stage DDM$15.20 - $16.61$15.90
Blended Fair Value$42.34
Stock Price$8.39

Dividend History (Last 10 Years)

Metric2025202420232022202120202019201820172016
DPS0.9000.8900.8490.8980.9840.9590.0000.0000.0000.000
YoY %1.03%4.88%-5.51%-8.74%2.61%0.00%0.00%0.00%0.00%0.00%
Yield10.722%10.612%10.119%10.708%11.734%11.435%0.000%0.000%0.000%0.000%

CAGRValue
5 Year-1.28%
10 Year0.00%

Discounted Dividend Model - Stable Growth

MetricRangeSelected
LT Growth5.50% to 7.50%6.50%
WACC9.38%9.38%
Fair Value$48.35 - $109.42$68.78

Calculation Details (Millions)

MetricLOWBASEHIGH
Required Retention Ratio20.0%12.5%7.5%
(*) Adjusted Net Income47.2547.2547.25
(=) Cash Required9.455.913.54
Cash Retained47.2547.2547.25
(-) Cash Required-9.45-5.91-3.54
(=) Excess Retained37.8041.3443.71
(/) Shares Outstanding42,942,72742,942,72742,942,727
(=) Excess Retained per Share0.880.961.02
LTM Dividend per Share0.9000.9000.900
(+) Excess Retained per Share0.880.961.02
(=) Adjusted Dividend1.7801.8621.917

Multi-Stage Projections (BASE Case - Millions)

MetricTTMYear 1Year 2Year 3Year 4Year 5
Net Income47.2550.3253.5957.0860.7964.74
Payout Ratio81.8%25.0%41.0%57.0%73.0%90.0%
Projected Dividends38.6312.5821.9732.5344.3758.26

Multi-Stage Valuation (Millions)

Present ValuesLOWBASEHIGH
Year 1 PV11.9212.0312.14
Year 2 PV18.8519.2119.57
Year 3 PV25.2726.0026.74
Year 4 PV31.2232.4233.65
Year 5 PV37.1238.9140.78
TV PV528.51554.04580.54
Equity Value652.89682.61713.42
Fair Value$15.20$15.90$16.61
Stock Price$8.39$8.39$8.39

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