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Definitive Analysis

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Page: Dividend Discount Model

PIMCO Income Strategy Fund II

Ticker: PFN | Industry: Asset Management - Income | Sector: Financial Services
$7.47 0.00 (0.00%)
As of: 2026-01-23

Master Data Export


Dividend Discount Models Snapshot

ModelRangeSelected
Stable Growth DDM$6.57 - $8.01$7.31
Multi-Stage DDM$6.25 - $6.93$6.59
Blended Fair Value$6.95
Stock Price$7.29

Dividend History (Last 10 Years)

Metric2025202420232022202120202019201820172016
DPS0.7740.7860.7420.7580.8640.8290.0000.0000.0000.000
YoY %-1.62%6.02%-2.20%-12.24%4.22%0.00%0.00%0.00%0.00%0.00%
Yield10.613%10.788%10.175%10.404%11.855%11.375%0.000%0.000%0.000%0.000%

CAGRValue
5 Year-1.38%
10 Year0.00%

Discounted Dividend Model - Stable Growth

MetricRangeSelected
LT Growth-12.08% to -10.08%-11.08%
WACC9.11%9.11%
Fair Value$6.57 - $8.01$7.31

Calculation Details (Millions)

MetricLOWBASEHIGH
Required Retention Ratio20.0%12.5%7.5%
(*) Adjusted Net Income92.2792.2792.27
(=) Cash Required18.4511.536.92
Cash Retained92.2792.2792.27
(-) Cash Required-18.45-11.53-6.92
(=) Excess Retained73.8280.7485.35
(/) Shares Outstanding91,243,56491,243,56491,243,564
(=) Excess Retained per Share0.810.880.94
LTM Dividend per Share0.7740.7740.774
(+) Excess Retained per Share0.810.880.94
(=) Adjusted Dividend1.5831.6591.709

Multi-Stage Projections (BASE Case - Millions)

MetricTTMYear 1Year 2Year 3Year 4Year 5
Net Income92.2782.0572.9664.8857.6951.30
Payout Ratio76.5%25.0%41.0%57.0%73.0%90.0%
Projected Dividends70.6020.5129.9136.9842.1146.17

Multi-Stage Valuation (Millions)

Present ValuesLOWBASEHIGH
Year 1 PV19.4219.6419.86
Year 2 PV25.6626.2526.84
Year 3 PV28.7529.7430.75
Year 4 PV29.6731.0432.46
Year 5 PV29.4731.1932.98
TV PV437.73463.20489.84
Equity Value570.70601.05632.73
Fair Value$6.25$6.59$6.93
Stock Price$7.29$7.29$7.29

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