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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 investments are comprised of mortgage related securities, asset-backed securities, money market securities, convertible securities, high yield bonds, collateralized debt obligations (CDOs), and securities issued or guaranteed by the United States Government, its agencies and instrumentalities. It benchmarks the performance of its portfolio against the S&P 500 Index, NASDAQ, and a customized benchmark comprised of Barclays U.S. Aggregate Bond Index, Citigroup High Yield Cash Pay Index, S&P 500 Index, and BofA Merrill Lynch All Convertibles All Qualities. The fund was previously known as TCW Convertible Securities Fund, Inc. TCW Strategic Income Fund, Inc. was formed on January 13, 1987 and is domiciled in the United States.

TCW Strategic Income Fund Dividend Announcement

TCW Strategic Income Fund announced a quarterly dividend of $0.06 per ordinary share which will be made payable on 2024-10-11. Ex dividend date: 2024-09-30
TCW Strategic Income Fund annual dividend for 2024 was $0.18
TCW Strategic Income Fund annual dividend for 2023 was $0.35
TCW Strategic Income Fund's trailing twelve-month (TTM) dividend yield is 7.06%
TCW Strategic Income Fund's dividend growth over the last five years (2018-2023) was -0.97% year
TCW Strategic Income Fund's dividend growth over the last ten years (2013-2023) was -0.99% year

TCW Strategic Income Fund Dividend History

Ex-Div dateDividend amountDividend typePay date
2024-09-30$0.06quarterly2024-10-11
2024-06-28$0.06quarterly2024-07-12
2024-03-27$0.06quarterly2024-04-12
2023-12-28$0.17quarterly2024-01-12
2023-09-28$0.06quarterly2023-10-13
2023-06-29$0.06quarterly2023-07-14
2023-03-30$0.06quarterly2023-04-14
2022-12-29$0.23quarterly2023-01-13
2022-09-29$0.06quarterly2022-10-14
2022-06-29$0.06quarterly2022-07-08
2022-03-30$0.06quarterly2022-04-08
2021-12-30$0.20quarterly2022-01-14
2021-09-29$0.06quarterly2021-10-08
2021-06-29$0.06quarterly2021-07-09
2021-03-30$0.06quarterly2021-04-09
2020-12-30$0.04quarterly2021-01-08
2020-09-29$0.07quarterly2020-10-09
2020-06-29$0.09quarterly2020-07-10
2020-03-30$0.08quarterly2020-04-13
2019-12-30$0.14quarterly2020-01-10
2019-09-27$0.08quarterly2019-10-11
2019-06-27$0.08quarterly2019-07-12
2019-03-28$0.08quarterly2019-04-12
2018-12-28$0.16quarterly2019-01-11
2018-09-27$0.08quarterly2018-10-12
2018-06-28$0.07quarterly2018-07-13
2018-03-28$0.07quarterly2018-04-13
2017-12-28$0.15quarterly2018-01-12
2017-09-28$0.06quarterly2017-10-13
2017-06-28$0.06quarterly2017-07-14
2017-03-29$0.06quarterly2017-04-13
2016-12-28$0.12quarterly2017-01-13
2016-09-28$0.05quarterly2016-10-14
2016-06-28$0.05quarterly2016-07-15
2016-03-29$0.05quarterly2016-04-15
2015-12-29$0.05quarterly2016-01-08
2015-09-28$0.05quarterly2015-10-09
2015-06-26$0.06quarterly2015-07-10
2015-04-01$0.06quarterly2015-04-10
2014-12-29$0.04quarterly2015-01-09
2014-09-26$0.06quarterly2014-10-10
2014-06-26$0.07quarterly2014-07-11
2014-03-27$0.07quarterly2014-04-11
2013-12-27$0.10quarterly2014-01-10
2013-09-26$0.10quarterly2013-10-11
2013-06-26$0.10quarterly2013-07-12
2013-03-26$0.10quarterly2013-04-12

TCW Strategic Income Fund Dividend per year

TCW Strategic Income Fund Dividend growth

TCW Strategic Income Fund Dividend Yield

TCW Strategic Income Fund current trailing twelve-month (TTM) dividend yield is 7.06%. Interested in purchasing TCW Strategic Income Fund stock? Use our calculator to estimate your expected dividend yield:

TCW Strategic Income Fund Financial Ratios

P/E ratio9.02
PEG ratio0.20
P/B ratio0.99
ROE11.01%
Payout ratio0.00%
Current ratio0.10
Quick ratio0.10
Cash Ratio0.03

TCW Strategic Income Fund Dividend FAQ

How much is the next TCW Strategic Income Fund dividend?
TCW Strategic Income Fund's board of directors will review the company's financial performance, cash flow, future investment needs, and other relevant factors to determine the next TCW Strategic Income Fund dividend. The next TCW Strategic Income Fund dividend will be released in March, June, September, or December.
When is TCW Strategic Income Fund dividend paid?
TCW Strategic Income Fund pays dividends on a quarterly basis. The specific dates may vary each year but are generally around March, June, September, and December. However, please note that the exact timing and amount can vary, and companies may also decide to change their dividend policy based on their financial health and other considerations.
What dividend does TCW Strategic Income Fund pay?
The specific amount of TCW Strategic Income Fund dividend can vary from quarter to quarter and year to year, based on a variety of factors including the company's financial performance, the global economic situation, and the decisions of its board of directors. In the above table you can find TCW Strategic Income Fund's dividend history.
Does TCW Strategic Income Fund stock pay dividends?
Yes, TCW Strategic Income Fund does pay dividends to its shareholders. However, the specific amount and frequency of these dividends can vary based on a variety of factors, including the company's financial performance, the global economic situation, and the decisions of its board of directors. In the above table you can find TCW Strategic Income Fund's dividend history.
How much dividend does TCW Strategic Income Fund pay?
TCW Strategic Income Fund paid $0.18 in 2024, $0.355 in 2023, $0.404 in 2022, $0.367 in 2021, and $0.275 in 2020.
How often does TCW Strategic Income Fund pay dividends?
TCW Strategic Income Fund typically pays dividends on a quarterly basis. This means that dividends are usually distributed 4 times a year. The specific payout dates may vary each year but generally fall around March, June, September, and December.
What is TCW Strategic Income Fund's dividend yield?
The current dividend yield for TCW Strategic Income Fund is 7.06%. The dividend yield is calculated by dividing the annual dividend payment by the price of the stock. Both of these numbers can fluctuate daily due to changes in the stock price and any updates to the dividend payment. Use the dividend calculator on this page to calculate TCW Strategic Income Fund's exact dividend yield.
When does TCW Strategic Income Fund go ex dividend?
TCW Strategic Income Fund's ex-dividend date for the latest dividend was on 2024-09-30. TCW Strategic Income Fund typically goes ex-dividend a few weeks before the payment date. The specific dates can vary each year and for each dividend payment.
When is the next TCW Strategic Income Fund dividend paid?
TCW Strategic Income Fund pays dividends on a quarterly basis, typically around March, June, September, or December, but the exact dates can vary each year.
Will TCW Strategic Income Fund increase its dividend?
Decisions about dividend payments are made by the company's board of directors and are based on a variety of factors. To understand whether TCW Strategic Income Fund will increase its dividend, it's beneficial to look at the company's earnings, financial health, future business prospects, and the overall economic environment.
How much is TCW Strategic Income Fund dividend per share?
TCW Strategic Income Fund paid $0.18 per share in 2024 and $0.355 per share in 2023. The amount of dividend per share that TCW Strategic Income Fund pays can vary each quarter based on a range of factors including the company's earnings, financial health, and decisions made by its board of directors.
Is TCW Strategic Income Fund a dividend aristocrat?
No, the term "Dividend Aristocrat" is typically used to describe a company in the S&P 500 index that has increased its dividend payouts for at least 25 consecutive years.
Is TCW Strategic Income Fund a dividend king?
No, a "Dividend King" is a company that has managed to increase its dividend payouts for 50 consecutive years or more, which is an even more selective group than the Dividend Aristocrats.
Is TCW Strategic Income Fund a dividend stock?
Yes, TCW Strategic Income Fund is considered a dividend stock. A dividend stock is a stock of a company that regularly pays out dividends to its shareholders.
Is TCW Strategic Income Fund a good dividend stock?
Whether TCW Strategic Income Fund is a good dividend stock depends on several factors and can vary depending on individual investment goals, risk tolerance, and the overall market conditions. TCW Strategic Income Fund has a history of paying regular dividends, which can make it attractive to income-focused investors.

Other factors to consider when evaluating TCW Strategic Income Fund as a dividend stock include its dividend yield, dividend growth, payout ratio, and the sustainability of its dividend payments given its earnings and cash flow. These factors can provide insight into the company's ability to maintain or increase its dividend in the future.
Does TCW Strategic Income Fund pay dividends monthly?
TCW Strategic Income Fund typically pays dividends on a quarterly basis.
Does TCW Strategic Income Fund pay dividends quarterly?
TCW Strategic Income Fund currently pays dividends on a quarterly basis.
Has TCW Strategic Income Fund ever paid a dividend?
Yes, TCW Strategic Income Fund has a history of paying dividends to its shareholders. TCW Strategic Income Fund is known for its dividend payments, which have made it an attractive investment for income-focused investors.
How to buy TCW Strategic Income Fund dividend stocks?
To buy TCW Strategic Income Fund you need a brokerage account. Open an account with a reputable brokerage firm that offers access to the stock market. Consider factors such as fees, account minimums, and the availability of dividend reinvestment programs (DRIPs) if you wish to reinvest your dividends automatically.

Place an order: Use the brokerage's trading platform to place an order to buy TCW Strategic Income Fund stock.

Remember that buying stocks involves risk, and it's important to carefully consider your investment goals, risk tolerance, and conduct thorough research before making any investment decisions.
When does TCW Strategic Income Fund pay dividends 2024?
TCW Strategic Income Fund pays dividends on a quarterly basis. 2024 dividend payments are in 2024-10-11. However, please note that the exact timing and amount can vary, and companies may also decide to change their dividend policy based on their financial health and other considerations.
Will TCW Strategic Income Fund increase its dividend in 2024?
Decisions regarding TCW Strategic Income Fund dividend increases are typically made by a company's board of directors based on various factors, including financial performance, cash flow, investment needs, and market conditions. For an up-to-date TCW Strategic Income Fund dividend overview you can look into the above table of dividend history.
How TCW Strategic Income Fund dividend works?
The TCW Strategic Income Fund dividend works by distributing a portion of the company's profits to its shareholders on a per-share basis. Here's a general overview of how TCW Strategic Income Fund's dividend process works:

1. Determination of Dividend: TCW Strategic Income Fund's board of directors reviews the company's financial performance, cash flow, future investment needs, and other relevant factors to determine the amount and timing of dividend payments.

2. Dividend Declaration: Once the board approves a dividend, TCW Strategic Income Fund publicly announces the dividend amount, currency, and the ex-dividend date. The ex-dividend date is the date on or after which the buyer of the stock will not be eligible to receive the upcoming dividend payment.

3. Record Date: The record date is the date on which the company checks its records to identify shareholders who are eligible to receive the dividend. Only shareholders on record as of this date will receive the dividend.

4. Payment Date: On the designated payment date, TCW Strategic Income Fund distributes the dividend to eligible shareholders. The dividend is usually paid in the form of cash directly into the shareholder's brokerage account or through other designated payment methods.

5. Tax Implications: Dividends received from TCW Strategic Income Fund are generally taxable as income. Shareholders may need to report dividend income on their tax returns and pay applicable taxes according to their jurisdiction's tax regulations.
How are TCW Strategic Income Fund dividends paid?
TCW Strategic Income Fund dividends are typically paid in cash directly to eligible shareholders. The payment process involves the following steps:

1. Record Date: TCW Strategic Income Fund sets a record date, which is the date on which the company checks its records to determine the eligible shareholders. Only those who are shareholders on record as of this date will receive the dividend.

2. Payment Date: On the designated payment date, TCW Strategic Income Fund distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.

3. Currency: TCW Strategic Income Fund declares the currency in which the dividend will be paid. Depending on the shareholder's location and the currency election made by the shareholder, the dividend will be converted to the appropriate currency during the payment process.
How many times does TCW Strategic Income Fund pay dividends?
TCW Strategic Income Fund typically pays dividends on a quarterly basis. The specific payment dates can vary each year and are usually announced when the company releases its financial results for each quarter.
What months does TCW Strategic Income Fund pay dividends?
The general pattern is that TCW Strategic Income Fund pays dividends around March, June, September, and December. However, the exact payment dates can vary each year and are typically announced when the company releases its financial results for each quarter.
Is TCW Strategic Income Fund dividend safe?
The safety of TCW Strategic Income Fund's dividend is subject to various factors and cannot be determined with certainty. It is influenced by the company's financial performance, cash flow, and the overall economic and industry conditions.

To assess the safety of TCW Strategic Income Fund's dividend, it is crucial to analyze the company's financial health, debt levels, cash flow generation, and ability to sustain dividend payments over the long term. Additionally, monitoring the company's future earnings, cash flow projections, and management's commitment to dividend policies can provide valuable insights.

It is recommended to review TCW Strategic Income Fund's financial reports, official announcements, and consult with financial advisors or experts who have access to the most current and comprehensive information about the company's financial situation.