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Page: Dividend Discount Model

PIMCO Global StocksPLUS & Income Fund

Ticker: PGP | Industry: Asset Management - Income | Sector: Financial Services
$9.03 -0.02 (-0.22%)
As of: 2026-01-23

Master Data Export


Dividend Discount Models Snapshot

ModelRangeSelected
Stable Growth DDM$4.59 - $5.49$5.07
Multi-Stage DDM$4.95 - $5.55$5.24
Blended Fair Value$5.15
Stock Price$8.88

Dividend History (Last 10 Years)

Metric2025202420232022202120202019201820172016
DPS0.7630.7470.7340.7290.7461.0191.2801.5605.8752.038
YoY %2.22%1.79%0.62%-2.33%-26.76%-20.37%-17.98%-73.44%188.24%-0.70%
Yield8.600%8.413%8.265%8.214%8.411%11.484%14.421%17.582%66.196%22.965%

CAGRValue
5 Year-5.62%
10 Year-9.42%

Discounted Dividend Model - Stable Growth

MetricRangeSelected
LT Growth-23.80% to -21.80%-22.80%
WACC9.11%9.11%
Fair Value$4.59 - $5.49$5.07

Calculation Details (Millions)

MetricLOWBASEHIGH
Required Retention Ratio20.0%12.5%7.5%
(*) Adjusted Net Income17.5817.5817.58
(=) Cash Required3.522.201.32
Cash Retained17.5817.5817.58
(-) Cash Required-3.52-2.20-1.32
(=) Excess Retained14.0615.3816.26
(/) Shares Outstanding11,553,00011,553,00011,553,000
(=) Excess Retained per Share1.221.331.41
LTM Dividend per Share0.7630.7630.763
(+) Excess Retained per Share1.221.331.41
(=) Adjusted Dividend1.9812.0952.171

Multi-Stage Projections (BASE Case - Millions)

MetricTTMYear 1Year 2Year 3Year 4Year 5
Net Income17.5813.5710.488.096.254.82
Payout Ratio50.2%25.0%41.0%57.0%73.0%90.0%
Projected Dividends8.823.394.304.614.564.34

Multi-Stage Valuation (Millions)

Present ValuesLOWBASEHIGH
Year 1 PV3.213.253.29
Year 2 PV3.673.773.87
Year 3 PV3.573.713.85
Year 4 PV3.193.363.54
Year 5 PV2.752.933.13
TV PV40.7843.5246.41
Equity Value57.1660.5464.09
Fair Value$4.95$5.24$5.55
Stock Price$8.88$8.88$8.88

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Ticker Company Name Yield % DPS Payout %
ARDC Ares Dynamic Credit Allocation Fund, Inc. 19.91% $2.65 77.10%
JGH Nuveen Global High Income Fund 19.71% $2.48 70.08%
BSL Blackstone / GSO Senior Floating Rate Term Fund 19.66% $2.65 95.83%
RGT Royce Global Value Trust, Inc. 19.58% $2.56 37.89%
AIKI AIkido Pharma Inc. 19.55% $0.70 10.85%
PFN PIMCO Income Strategy Fund II 19.43% $1.46 72.85%
JLS Nuveen Mortgage and Income Fund 19.40% $3.53 84.31%
ACV Virtus Diversified Income & Convertible Fund 19.28% $5.07 72.66%
BGB Blackstone/GSO Strategic Credit Fund 19.19% $2.26 86.72%
PHK PIMCO High Income Fund 19.11% $0.93 86.61%
DTW DTE Energy Company JR SUB DB 2017 E 19.03% $4.08 87.19%
EMD Western Asset Emerging Markets Debt Fund Inc. 18.84% $2.03 78.17%
SR-PA Spire Inc. 18.76% $4.54 98.60%
SRV NXG Cushing Midstream Energy Fund 18.74% $7.53 66.75%
CIK Credit Suisse Asset Management Income Fund, Inc. 18.41% $0.52 82.82%
DHY Credit Suisse High Yield Bond Fund, Inc. 18.39% $0.37 88.67%
MNR Mach Natural Resources LP 18.30% $2.06 89.28%
PFL PIMCO Income Strategy Fund 18.22% $1.54 84.57%
EAD Wells Fargo Advantage Funds - Allspring Income Opportunities Fund 18.08% $1.23 52.27%
SPE Special Opportunities Fund, Inc. 18.03% $2.66 44.19%
AIF Apollo Tactical Income Fund Inc. 17.93% $2.66 60.44%
GAB The Gabelli Equity Trust Inc. 17.77% $1.08 81.70%
HPF John Hancock Preferred Income Fund II 17.73% $2.86 78.50%
MPV Barings Participation Investors 17.65% $2.93 95.78%
GBAB Guggenheim Taxable Municipal Bond & Investment Grade Debt Trust 17.43% $2.59 74.37%
TEI Templeton Emerging Markets Income Fund 17.42% $1.14 64.65%
ISD PGIM High Yield Bond Fund, Inc. 17.40% $2.52 96.64%
HIX Western Asset High Income Fund II Inc. 17.39% $0.73 96.11%
NXG NXG NextGen Infrastructure Income Fund 17.31% $8.79 83.58%
HPI John Hancock Preferred Income Fund 17.11% $2.79 76.40%
RCS PIMCO Strategic Income Fund, Inc. 17.08% $1.00 75.51%
DUKB Duke Energy Corporation 5.625% 16.95% $4.19 65.28%
FGB First Trust Specialty Finance and Financial Opportunities Fund 16.75% $0.70 50.91%
RQI Cohen & Steers Quality Income Realty Fund, Inc. 16.75% $1.92 87.08%
FPF First Trust Intermediate Duration Preferred & Income Fund 16.57% $3.09 70.83%
EVV Eaton Vance Limited Duration Income Fund 16.43% $1.63 64.70%
AIZN Assurant, Inc. 5.25% Subordinat 16.41% $3.22 19.47%
NML Neuberger Berman MLP and Energy Income Fund Inc. 16.37% $1.40 40.22%
PGP PIMCO Global StocksPLUS & Income Fund 16.31% $1.50 60.66%
CHW Calamos Global Dynamic Income Fund 16.07% $1.20 66.54%
BGY BlackRock Enhanced International Dividend Trust 15.99% $0.94 99.21%
GABBX Gabelli Dividend Growth AAA 15.98% $2.85 40.22%
BDJ BlackRock Enhanced Equity Dividend Trust 15.90% $1.49 72.30%
DSL DoubleLine Income Solutions Fund 15.85% $1.78 54.50%
PDT John Hancock Premium Dividend Fund 15.76% $2.01 62.66%
TSQ Townsquare Media, Inc. 15.55% $0.79 70.58%
EOD Wells Fargo Advantage Funds - Allspring Global Dividend Opportunity Fund 15.39% $0.90 52.51%
LGI Lazard Global Total Return and Income Fund, Inc. 15.37% $2.68 82.52%
BSTZ BlackRock Science and Technology Trust II 15.35% $3.54 65.39%
FPI Farmland Partners Inc. 15.34% $1.48 93.00%