Definitive Analysis
Definitive Analysis

Financial Statements

Analysis Mode

Ticker

Industry

Sector

PIMCO New York Municipal Income Fund (PNF)

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

Valuation Snapshot

Stable Growth$8.16 - $12.62$10.23
Multi-Stage$18.75 - $20.63$19.67
Blended Fair Value$14.95
Current Price$7.43
Upside101.18%
DecisionBuy

Dividend History & Growth Metrics (10Y)

Metric5Y CAGR10Y CAGR2024202320222021202020192018201720162015
DPS-7.76%0.00%0.400.000.490.470.510.600.630.000.000.00
YoY Growth--0.00%-100.00%4.06%-7.27%-15.81%-4.44%0.00%0.00%0.00%0.00%
Dividend Yield--5.41%0.00%5.42%3.83%4.34%4.36%5.39%0.00%0.00%0.00%

Stable Growth Model (Adjusted)

(USD in Millions except Per Share Data)
Net Income To Common (M)6.89
(-) Cash Dividends Paid (M)3.79
(=) Cash Retained (M)3.11
MetricLOWBASEHIGH
Required Retention Ratio20.0%12.5%7.5%
(=) Cash Required (M)1.380.860.52
Cash Retained (M)3.113.113.11
(-) Cash Required (M)-1.38-0.86-0.52
(=) Excess Retained (M)1.732.252.59
(/) Shares Outstanding (M)7.877.877.87
(=) Excess Retained per Share0.220.290.33
LTM Dividend per Share0.480.480.48
(+) Excess Retained per Share0.220.290.33
(=) Adjusted Dividend0.700.770.81
WACC / Discount Rate6.42%6.42%6.42%
Growth Rate-2.00%-1.00%0.00%
Fair Value$8.16$10.23$12.62
Upside / Downside9.79%37.66%69.90%

Multi-Stage Model: Projections

(USD in Millions)
MetricTTMDec-27Dec-28Dec-29Dec-30Dec-31Terminal
Net Income (M)6.896.826.756.696.626.556.75
Payout Ratio54.92%61.93%68.95%75.97%82.98%90.00%92.50%
Projected Dividends (M)3.794.234.665.085.495.906.24

Multi-Stage Valuation

MetricLOWBASEHIGH
WACC / Discount Rate6.42%6.42%6.42%
Growth Rate-2.00%-1.00%0.00%
Year 1 PV (M)3.933.974.01
Year 2 PV (M)4.034.114.20
Year 3 PV (M)4.094.224.34
Year 4 PV (M)4.114.284.46
Year 5 PV (M)4.114.324.54
PV of Terminal Value (M)127.22133.84140.74
Equity Value (M)147.49154.74162.29
Shares Outstanding (M)7.877.877.87
Fair Value$18.75$19.67$20.63
Upside / Downside152.29%164.71%177.62%

High-Yield Dividend Screener

« Prev Page 60 of 151 Next »
Ticker Company Dividend Yield % Dividend Per Share Payout Ratio %
002244.SZHangzhou Binjiang Real Estate Group Co.,Ltd2.61%$0.2624.72%
023800.KSINZI Controls Co.,Ltd.2.61%$170.3414.79%
0O2W.LGFT Technologies SE2.61%$0.5037.28%
4332.SRJadwa REIT Al Haramain Fund2.61%$0.1313.56%
603713.SSMilkyway Chemical Supply Chain Service Co., Ltd.2.61%$1.4540.70%
7743.TSEED Co.,Ltd.2.61%$14.9932.99%
GBF.DEBilfinger SE2.61%$2.8757.97%
SMTO3.SASão Martinho S.A.2.61%$0.3925.61%
TURSG.ISTürkiye Sigorta Anonim Sirketi2.61%$0.3017.12%
015230.KSDaechang Forging Co., Ltd.2.60%$159.7812.73%
300761.SZJiangsu Lihua Animal Husbandry Co., Ltd.2.60%$0.5469.75%
3257.TWChampion Microelectronic Corporation2.60%$1.8083.24%
000028.SZChina National Accord Medicines Corporation Ltd.2.59%$0.6366.16%
000423.SZDong-E-E-Jiao Co.,Ltd.2.59%$1.2748.72%
002375.SZZhejiang Yasha Decoration Co.,Ltd2.59%$0.1039.98%
002508.SZHangzhou Robam Appliances Co., Ltd.2.59%$0.5030.91%
035510.KSSHINSEGAE Information & Communication Co., Ltd.2.59%$430.0912.26%
4732.TUSS Co., Ltd.2.59%$44.4652.49%
600623.SSShanghai Huayi Group Corporation Limited2.59%$0.2060.15%
603367.SSCisen Pharmaceutical Co., Ltd.2.59%$0.4541.25%
6794.TFoster Electric Company, Limited2.59%$70.1937.70%
ORNAV.HEOrion Oyj2.59%$1.6373.31%
0027.HKGalaxy Entertainment Group Limited2.58%$1.0024.37%
0MKP.LStrabag SE2.58%$2.0829.10%
1586.HKChina Leon Inspection Holding Limited2.58%$0.0621.58%
3612.TWorld Co., Ltd.2.58%$79.8124.01%
5334.TNiterra Co., Ltd.2.58%$178.0936.87%
601137.SSNingbo Boway Alloy Material Company Limited2.58%$0.5543.16%
688355.SSSuzhou Mingzhi Technology Co., Ltd.2.58%$0.4698.88%
ASAI.LASA International Group PLC2.58%$5.0531.55%
DEK.WADekpol S.A.2.58%$2.3917.66%
PNGO.JKPT PINAGO UTAMA Tbk2.58%$80.2621.28%
600999.SSChina Merchants Securities Co., Ltd.2.57%$0.4330.69%
605338.SSZhongyin Babi Food Co., Ltd.2.57%$0.8067.91%
ARB.AXARB Corporation Limited2.57%$0.8234.10%
ERWPF.BKErawan Hotel Growth Property Fund2.57%$0.2322.08%
HLUN-A.COH. Lundbeck A/S2.57%$0.9524.76%
KVT.WAKrynica Vitamin S.A.2.57%$0.2725.50%
UNIQ.BKUnique Engineering and Construction Public Company Limited2.57%$0.077.66%
004710.KSHansol Technics Co., Ltd.2.56%$150.4826.54%
1714.TWHo Tung Chemical Corp.2.56%$0.2147.53%
300880.SZNingbo Jianan Electronics Co.,Ltd2.56%$0.4598.75%
383220.KSF&F Co., Ltd2.56%$1,700.2719.00%
603227.SSXinjiang Xuefeng Sci-Tech(Group)Co.,Ltd2.56%$0.2149.65%
605507.SSGuobang Pharma Ltd.2.56%$0.6340.20%
9319.TChuo Warehouse Co.,Ltd.2.56%$36.6436.47%
ANA.MCAcciona, S.A.2.56%$4.8831.97%
GGAL.BAGrupo Financiero Galicia S.A.2.56%$213.9137.51%
HOFI.STHoist Finance AB (publ)2.56%$2.9325.50%
P52.SIPan-United Corporation Ltd2.56%$0.0348.81%