TCW Strategic Income Fund Inc Stock Dividends Overview

TSI pays dividends quarterly. Last paid amount was $0.0600 at Apr 12, 2024. As of today, dividend yield (TTM) is 6.32%.

Dividend Yield Range

The Dividend Yield Range is the range of values in which a stock’s dividend yield has fluctuated within a specified period, often a year. It represents the variation between the highest and lowest dividend yields observed during that time frame.
AI Analysis of TSI
Powered by GPT-4o
New!
Dividend Analysis

Key Stats

Dividend Yield (TTM) 6.32%
Frequency Quarterly
1Y Growth 0%
Payout Ratio 0
Amount Per Share $0.0600
Next Ex-Dividend Date Jun 28, 2024
Next Payment Date Jul 12, 2024

TSI Dividend Payout History

To ensure a understanding of TSI's dividend performance, consider examining the historical payout ratios and how they align with the company's earnings. Fluctuations in payout amounts may reflect changes in the company's dividend policy or earnings stability.


# Declaration Date Ex-Date Pay Date Amount Yield
1 Jun 14, 2024 Jun 28, 2024 Jul 12, 2024 $0.0600 1.27%
2 Mar 27, 2024 Mar 27, 2024 Apr 12, 2024 $0.0600 1.29%
3 Dec 15, 2023 Dec 28, 2023 Jan 12, 2024 $0.115 2.44%
4 Sep 15, 2023 Sep 28, 2023 Oct 13, 2023 $0.0600 1.31%
5 Jun 16, 2023 Jun 29, 2023 Jul 14, 2023 $0.0600 1.28%
6 Mar 17, 2023 Mar 30, 2023 Apr 14, 2023 $0.0600 1.27%
7 Dec 16, 2022 Dec 29, 2022 Jan 11, 2019 $0.234 4.36%
8 Sep 16, 2022 Sep 29, 2022 Oct 14, 2022 $0.0600 1.30%
9 Jun 16, 2022 Jun 29, 2022 Jul 08, 2022 $0.0550 1.12%
10 Mar 18, 2022 Mar 30, 2022 Apr 08, 2022 $0.0550 1.09%

Dividend Sustainability

The company's low Dividend Sustainability Score (DSS) highlights potential challenges in upholding its current dividend levels. Unfortunately, its low Dividend Growth Potential Score (DGPS) suggests limited prospects for dividend growth. In conclusion, a more vigilant stance is recommended given the company's tentative dividend landscape.

Sustainability score

low (61.38%)

Growth potential

Decrease likely (29.55%)

TSI Dividend Calculator

Dividend Calculator is designed to forecast the potential returns from TSI dividends based on your individual investment size or the number of shares you own. Simply enter your total investment amount to see the cumulative dividend payment you could receive over a specified period.
Read how to invest in TSI stock here.

Comparing TSI to Sector and Country

TSI pays a solid dividend yield of 6.32%, which is higher than the average of the bottom 25% of dividend payers in the US market (1.94%). TSI’s dividend yield is lower than the average of the top 25% of dividend payers in the Financial Services sector in the US market (10.82%), which means that there are more attractive dividend stocks to consider.

TSI Stock Competitors

Symbol Company Name Market Cap Amount Per Share Dividend Yield (TTM) Payout Ratio (TTM)
IIF
Morgan Stanley India Investment Fund Inc 264.148M $3.14 13.91% -
PHD
Pioneer Floating Rate Trust 121.274M $0.0925 11.99% 84.20%
BGT
Blackrock Global 290.422M $0.120 10.48% 44.61%
GDO
Western Asset Global Corporate Defined Opportunity Fund Inc 181.782M $0.122 10.15% 202.55%
TSI
TCW Strategic Income Fund Inc 224.114M $0.0600 6.32% -
BGR
BlackRock Energy and Resources Trust 365.01M - 4.65% 32.54%
DMB
Dreyfus Municipal Bond Infrastructure Fund Inc 193.631M $0.0300 3.90% 18.74%
OCN
Ocwen Financial Corporation 195.865M $0.82 0% -

FAQ

What factors can affect the amount of TSI's dividend payments?
The amount of TSI's dividends can fluctuate based on several factors, including the company's financial performance, earnings, cash flow, capital requirements, and overall market conditions. Changes in TSI sector's trends, interest rate shifts, and the company's operational adjustments can also influence dividend decisions.

Can dividends from TSI stock be automatically reinvested?
If TSI offers a Dividend Reinvestment Plan (DRIP), shareholders may have the option to automatically reinvest dividends to purchase additional shares. Please check with your brokerage for the availability and details of such a plan. Here's an easy guide on how to buy TSI stock.

How often does TSI pay dividend?
TCW Strategic Income Fund Inc (TSI) pays dividends quarterly. The most recent payout was on Apr 12, 2024. The upcoming dividend Ex Date is Jun 28, 2024, with an amount of $0.0600.

How much does TSI pays per share?
The last recorder (Mar 27, 2024) dividend per share was $0.0600.

What is TSI dividend growth rate?
Over the last year, TCW Strategic Income Fund Inc has witnessed growth rate of 0% . Looking back over the past 3 years, this growth rate has been 2.94%. Furthermore, examining the past 5 years, TCW Strategic Income Fund Inc has maintained an average Dividends Per Share Growth Rate of -6.51%.
Click to get the best stock tips daily for free!

About TCW Strategic Income Fund Inc

TCW Strategic Income Fund, Inc. is a close-ended balanced mutual fund launched by The TCW Group, Inc. The fund is managed by TCW Investment Management Company. It invests in the public equity and fixed income markets of the United States. The fund makes its investments in securities of companies operating across diversified sectors. For its equity investments, it seeks to invest in growth and value stocks of companies. The fund's fixed income inv... TSI Profile

Top Fintech Company

StockInvest.us featured in The Global Fintech Index 2020 as the top Fintech company of the country.

Full report by FINDEXABLE

ROCKIT