Is PDI a Good Dividend Stock? (14% Yield, Monthly Dividends)

GOF Video: https://youtu.be/sZMSNaX1TDw

Another really popular request people have that I go over is the PIMCO Dynamic Income Fund, which is ticker symbol PDI. This is just one of several high yielding funds offered by PIMCO, with some of the others being RCS, PTY, PGP and PCM. All of these funds currently offer yields of over 12%, with PDI offering the highest yield at nearly 14%. Other than the extremely high yield, there’s some other really attractive things about this fund in particular. For one thing it pays dividends on a monthly basis, which is always appealing for investors seeking income. Not only that, but in its more than 10 year history, PDI has never cut their dividend. Out of all the PIMCO funds currently yielding over 12%, PDI and PCM are the only ones to never reduce their dividends.

At the same time though PDI is a fund that’s been wrecked over this last year. It’s currently trading at the lowest price in this funds history, even lower than during the 2020 pandemic plunge. It’s year to date performance is negative 27.5%, which is slightly lower than the S&P 500 without dividends being factored in. So in today’s video I wanna go in depth on this fund and try to find out why this funds share price has been tanking so much and more importantly, we’re also gonna look into that monthly dividend and try to figure out if is sustainable going forward or if a cut could be coming. We’ll also see if a recovery in share price could be coming any time soon.

#dividends #dividendinvesting #stocks