PIMCO Income Strategy Fund II (PFN) Dividend Analysis
Does PIMCO Income Strategy Fund II (PFN) pay a dividend?
Yes. PIMCO Income Strategy Fund II (PFN) pays a dividend: $0.86 per share over the last twelve months, a dividend yield of 13.92% at the latest close.
It has raised its dividend per share for 3 years in a row, shrinking at 2.1% a year over the last 5 years. The payout takes about 122.2% of earnings.
Computed from company filings. Ex-dividend and payment dates are not part of those filings, so they are not shown here. This is analysis, not investment advice.
| Year | Per share | Change |
|---|---|---|
| 2026 | $0.86 | +0.2% |
| 2025 | $0.86 | 0.0% |
| 2024 | $0.86 | +100.0% |
| 2023 | $0.43 | -3.7% |
| 2022 | $0.45 | -53.4% |
| 2021 | $0.96 | 0.0% |
| 2020 | $0.96 | +100.0% |
| 2019 | $0.48 | 0.0% |
| 2018 | $0.48 | -50.0% |
| 2017 | $0.96 | +100.0% |
Newest 10 of 11 calendar years; the chart below has the full series. Counted by the calendar year in which each payment went ex-dividend. Figures are adjusted for stock splits, so a fall is a cut.
FCF does not fully cover the dividend, sustainability is a concern.
Based on TTM and annual data · Not a buy/sell signal
Score Breakdown
Safety
40% of composite
Growth
35% of composite
Income
25% of composite
Composite = Safety (0) × 0.40 + Growth (23) × 0.35 + Income (100) × 0.25 = 33
Dividend Yield
13.92%
Per Share (TTM)
$0.86
Payout Ratio
122.2%
5Y CAGR
-2.1%
Dividend Safety
Earnings Payout
122.2%
FCF Payout
—
FCF Coverage
-1.3x
Dividend Growth
Per Share (TTM)
$0.86
Growth Streak
3 years
5Y CAGR
-2.1%
Dividend Income
Annual DPS (TTM)
$0.86
Annual Income / $10K
$1,392
Payment frequency, ex-dividend and payment dates are not available from company filings. Check your broker or the company's investor relations page for the schedule.
PIMCO Income Strategy Fund II (PFN) dividend: yield, safety and growth
Frequently asked
Does PIMCO Income Strategy Fund II (PFN) pay a dividend, and how much?+
Yes, PIMCO Income Strategy Fund II pays a regular dividend of about $0.86 per share per year (a yield of roughly 13.9%). That is a payout ratio of about 122.2% of earnings, so it is not currently covered by free cash flow. A low headline yield is not the same as a weak dividend: what matters is how well earnings and cash flow cover the payout, not the percentage alone. The full payout history and per-share figures are on this dividends tab.
Is PIMCO Income Strategy Fund II's dividend safe?+
PIMCO Income Strategy Fund II's dividend looks not currently covered by free cash flow, with free cash flow covering the payout about -1.3 times over. Intrinsiqq scores its dividend safety at 0 out of 100, weighing the payout ratio, free-cash-flow coverage and balance-sheet strength. Safety matters more than yield: a payout you can rely on beats a high one you cannot.
Has PIMCO Income Strategy Fund II grown its dividend?+
PIMCO Income Strategy Fund II has raised its dividend for about 3 years in a row. Recent dividend growth has been roughly flat. Consistent growth is one of the strongest signals of a durable, shareholder-friendly business, so read the streak alongside coverage on this tab.
What is PIMCO Income Strategy Fund II's dividend payout ratio?+
PIMCO Income Strategy Fund II pays out about 122.2% of its earnings as dividends. A lower payout ratio leaves more room to keep raising the dividend and to absorb a bad year, while a very high ratio can signal a payout under pressure. On this measure the dividend is not currently covered by free cash flow. See the dividend-safety breakdown for the free-cash-flow view, which is often more telling than earnings.
Related stocks: Asset Management
Spot a number that looks wrong?
Data sourced from company filings and third-party price providers. Scores, valuations, and metrics are algorithmic estimates. This is not investment advice. See our Terms and Methodology.