Definitive Analysis
Definitive Analysis

Financial Statements

Analysis Mode

Ticker

Industry

Sector

PIMCO Municipal Income Fund (PMF)

Company Dividend Discount ModelIndustry: Asset Management - IncomeSector: Financial Services

Valuation Snapshot

Stable Growth$3.88 - $5.98$4.85
Multi-Stage$8.99 - $9.88$9.43
Blended Fair Value$7.14
Current Price$8.98
Upside-20.48%
DecisionDon't Buy

Dividend History & Growth Metrics (10Y)

Metric5Y CAGR10Y CAGR2024202320222021202020192018201720162015
DPS-6.19%0.00%0.320.000.400.400.450.440.450.000.000.00
YoY Growth--0.00%-100.00%-0.33%-11.67%1.29%-0.30%0.00%0.00%0.00%0.00%
Dividend Yield--3.59%0.00%3.80%2.61%3.25%2.94%3.55%0.00%0.00%0.00%

Stable Growth Model (Adjusted)

(USD in Millions except Per Share Data)
Net Income To Common (M)16.63
(-) Cash Dividends Paid (M)15.40
(=) Cash Retained (M)1.23
MetricLOWBASEHIGH
Required Retention Ratio20.0%12.5%7.5%
(=) Cash Required (M)3.332.081.25
Cash Retained (M)1.231.231.23
(-) Cash Required (M)-3.33-2.08-1.25
(=) Excess Retained (M)-2.09-0.85-0.01
(/) Shares Outstanding (M)39.3539.3539.35
(=) Excess Retained per Share-0.05-0.020.00
LTM Dividend per Share0.390.390.39
(+) Excess Retained per Share-0.05-0.020.00
(=) Adjusted Dividend0.340.370.39
WACC / Discount Rate6.54%6.54%6.54%
Growth Rate-2.00%-1.00%0.00%
Fair Value$3.88$4.85$5.98
Upside / Downside-56.80%-45.94%-33.46%

Multi-Stage Model: Projections

(USD in Millions)
MetricTTMDec-27Dec-28Dec-29Dec-30Dec-31Terminal
Net Income (M)16.6316.4616.3016.1415.9715.8116.29
Payout Ratio92.59%92.07%91.55%91.03%90.52%90.00%92.50%
Projected Dividends (M)15.4015.1614.9214.6914.4614.2315.07

Multi-Stage Valuation

MetricLOWBASEHIGH
WACC / Discount Rate6.54%6.54%6.54%
Growth Rate-2.00%-1.00%0.00%
Year 1 PV (M)14.0814.2314.37
Year 2 PV (M)12.8813.1513.41
Year 3 PV (M)11.7812.1512.52
Year 4 PV (M)10.7811.2211.68
Year 5 PV (M)9.8510.3710.90
PV of Terminal Value (M)294.52309.86325.82
Equity Value (M)353.90370.97388.71
Shares Outstanding (M)39.3539.3539.35
Fair Value$8.99$9.43$9.88
Upside / Downside0.16%4.99%10.01%

High-Yield Dividend Screener

« Prev Page 55 of 151 Next »
Ticker Company Dividend Yield % Dividend Per Share Payout Ratio %
AUAngloGold Ashanti Plc2.92%$2.5056.24%
000529.SZGuangdong Guanghong Holdings Co.,Ltd.2.91%$0.1898.46%
0383.HKTian An Medicare Limited2.91%$0.0360.45%
105560.KSKB Financial Group Inc.2.91%$3,590.2922.69%
3899.HKCIMC Enric Holdings Limited2.91%$0.2825.59%
BIMAS.ISBIM Birlesik Magazalar A.S.2.91%$15.7864.92%
000951.SZSinotruk Jinan Truck Co., Ltd.2.90%$0.4935.94%
002541.SZAnhui Honglu Steel Construction(Group) Co. Ltd.2.90%$0.4853.40%
060720.KQKHVATEC Co.,Ltd.2.90%$330.7846.02%
0950.HKLee's Pharmaceutical Holdings Limited2.90%$0.0527.09%
0QLK.LHypothekarbank Lenzburg AG2.90%$115.2519.90%
0RMP.LBanque Cantonale de Genève S.A.2.90%$0.7111.87%
600167.SSLuenmei Quantum Co.,Ltd2.90%$0.2065.26%
IBAB.BRIon Beam Applications S.A.2.90%$0.3844.34%
METCO.BKMuramoto Electron (Thailand) Public Company Limited2.90%$8.0015.20%
002852.SZDaodaoquan Grain and Oil Co.,Ltd.2.89%$0.3037.22%
005680.KSSamyoung Electronics Co., Ltd2.89%$300.7749.07%
600526.SSZhejiang Feida Environmental Science & Technology Co., Ltd.2.89%$0.1548.23%
601377.SSIndustrial Securities Co.,Ltd.2.89%$0.2155.11%
688697.SSNeway CNC Equipment (Suzhou) Co., Ltd.2.89%$0.4466.80%
7738.TWOEui2.89%$5.5039.18%
AMXB.MXAmérica Móvil, S.A.B. de C.V.2.89%$0.5443.68%
OMASP.HEOma Säästöpankki Oyj2.89%$0.3625.24%
001200.KSEugene Investment & Securities Co.,Ltd.2.88%$99.9214.37%
002310.KSAsia Paper Manufacturing.Co.,Ltd2.88%$224.2442.56%
3357.TWOTAI-TECH Advanced Electronics Co., Ltd.2.88%$4.6148.95%
600496.SSChangjiang & Jinggong Steel Building (Group) Co., Ltd2.88%$0.1242.56%
603043.SSGuangzhou Restaurant Group Company Limited2.88%$0.5157.82%
PAXPatria Investments Limited2.88%$0.4666.16%
000528.SZGuangxi Liugong Machinery Co., Ltd.2.87%$0.3451.00%
2233.HKWest China Cement Limited2.87%$0.0938.77%
600660.SSFuyao Glass Industry Group Co., Ltd.2.87%$1.8653.34%
603579.SSShanghai Rongtai Health Technology Corporation Limited2.87%$0.6877.63%
EIF.TOExchange Income Corporation2.87%$2.3593.13%
000403.SZPacific Shuanglin Bio-pharmacy Co., Ltd.2.86%$0.3966.45%
002637.SZZanyu Technology Group Co., Ltd.2.86%$0.2980.65%
008260.KSNi Steel Co.,Ltd2.86%$99.9615.43%
0434.HKBoyaa Interactive International Limited2.86%$0.108.21%
0839.HKChina Education Group Holdings Limited2.86%$0.0977.39%
2949.TWOH.H.Galaxy Co., Ltd.2.86%$1.9353.15%
600480.SSLing Yun Industrial Corporation Limited2.86%$0.3556.75%
603373.SSAnbang Save-Guard Group Co.,Ltd.2.86%$1.0990.20%
603380.SSSuzhou Etron Technologies Co.,Ltd.2.86%$1.0977.96%
C09.SICity Developments Limited2.86%$0.2317.08%
0IKK.LDigia Oyj2.85%$0.1939.95%
4432.TWingArc1st Inc.2.85%$103.6268.51%
603998.SSHunan Fangsheng Pharmaceutical Co., Ltd.2.85%$0.3247.62%
FAGR.BRFagron N.V.2.85%$0.6227.65%
SKR.BKSikarin Public Company Limited2.85%$0.2061.04%
TPX-B.TOMolson Coors Canada Inc.2.85%$1.8635.97%