BCIA11 Dividends — income history

Income history paid by Bradesco Carteira Imobiliária Ativa (BCIA11): record date, amount per unit, payment and dividend yield month by month.

Latest income: R$ 0.86 · paid on 2026-08-28 · 12m DY 11.48% · ≈ R$ 10.22/year

When does BCIA11 pay the next dividend?

  • 2026-11 — Announced sales in HGBS11 and BTLG11 may turn into distributions: Two funds in the top 15 have announced profitable asset sales: HGBS11 (3.7% of net assets) involving Jardim Sul and an 18.375% stake in IFONH, and BTLG11 (3.2% of net assets) featuring an MoU for 3 assets totaling 102,57
  • 2026-09 — Continuation of the Selic rate-cutting cycle: The Selic rate has stood at 14.00% since August 5, 2026 (Copom meeting 280, a 25 bps cut), following reductions from 15.00 → 14.75 (Mar) → 14.50 (Apr) → 14.25 (Jun) → 14.00 (Aug). The Focus report projects 14.00% at year

BCIA11 dividend summary

  • Current (Jul/26): R$ 0,86
  • Maior 12m: R$ 0,97
  • Menor 12m: R$ 0,84
  • Tendência: Estável

Income analysis

DPU is expected to remain at R$ 0.86 over the coming quarters. The relevant catalyst is NOT the dividend (which is already flat) — it is the narrowing of the double discount via the repricing of units and underlying REITs when the cutting cycle resumes.

Are the dividends sustainable?

DPU of R$ 0.86 is structurally sustainable. In Mar/26, BCIA's cash earnings were R$ 3.14M and distributions totaled R$ 3.20M (102% payout — a slight excess explained by R$ 0.05/unit in capital gains realized during the month). Over the 12 months ended Mar/26, total revenue reached R$ 39.96M and distributions totaled R$ 37.93M — a consolidated payout of 95% (the legal minimum).

For a fund of funds, revenue comes from three sources: (i) dividends from invested REITs (R$ 39.8M over the last 12m), (ii) capital gains on sales (R$ -1.9M net over 12m — in 2025 the team realized losses to reposition the portfolio), and (iii) interest on CRIs (Brazilian real-estate receivables certificates) and fixed income (R$ 2.03M over 12m). The current DPU is comfortably covered by the first source alone.

FoF-specific risk: dividends only drop if multiple underlying REITs cut their DPU simultaneously or if management enters a capital burn cycle (not the current case).

Distribution guidance

For next 6 months, the manager projects a distribution of R$ 0.82 to R$ 0.88 per unit per month.

Dividend yield projection

Current DY (12m): 11.15% · Projected DY: 11.28% · reference price R$ 86.8

Will BCIA11 keep the dividend?

DPU flat at R$ 0.84-0.86 since Mar/2024 (12m CV = 1.2%)

12-month average payout of 1.003% · burn of R$ 0 per unit per month.

BCIA11 dividends in 2026

In 2026 BCIA11 paid R$ 6.13 per unit across 7 periods, averaging R$ 0.88 per month.

PeriodIncome/unitMonthly DYBase priceEx-datePayment
2026-07R$ 0.860.969%R$ 88.752026-07-312026-08-28
2026-06R$ 0.971.09%R$ 89.012026-06-302026-07-28
2026-05R$ 0.860.957%R$ 89.892026-06-29
2026-04R$ 0.860.936%R$ 91.92026-05-30
2026-03R$ 0.860.89%R$ 96.682026-04-30
2026-02R$ 0.860.915%R$ 94.012026-03-27
2026-01R$ 0.860.882%R$ 97.512026-02-27

BCIA11 dividends in 2025

In 2025 BCIA11 paid R$ 10.14 per unit across 12 periods, averaging R$ 0.85 per month.

PeriodIncome/unitMonthly DYBase priceEx-datePayment
2025-12R$ 0.860.903%R$ 95.252026-01-29
2025-11R$ 0.860.97%R$ 88.652025-12-29
2025-10R$ 0.860.98%R$ 87.732025-11-28
2025-09R$ 0.841.0%R$ 84.042025-10-28
2025-08R$ 0.840.985%R$ 85.272025-09-26
2025-07R$ 0.841.002%R$ 83.812025-08-28
2025-06R$ 0.840.991%R$ 84.782025-07-28
2025-05R$ 0.840.968%R$ 86.792025-06-30
2025-04R$ 0.840.973%R$ 86.32025-05-29
2025-03R$ 0.840.952%R$ 88.212025-04-30
2025-02R$ 0.841.013%R$ 82.942025-03-31
2025-01R$ 0.841.005%R$ 83.62025-02-28

BCIA11 dividends in 2024

In 2024 BCIA11 paid R$ 10.44 per unit across 12 periods, averaging R$ 0.87 per month.

PeriodIncome/unitMonthly DYBase priceEx-datePayment
2024-12R$ 0.951.235%R$ 76.932025-01-29
2024-11R$ 0.840.966%R$ 86.962024-12-30
2024-10R$ 0.840.997%R$ 84.262024-11-29
2024-09R$ 0.870.96%R$ 90.592024-10-28
2024-08R$ 0.870.917%R$ 94.862024-09-27
2024-07R$ 0.870.848%R$ 102.592024-08-28
2024-06R$ 0.870.84%R$ 103.592024-07-26
2024-05R$ 0.870.848%R$ 102.62024-06-28
2024-04R$ 0.870.812%R$ 107.22024-05-29
2024-03R$ 0.870.83%R$ 104.882024-04-26
2024-02R$ 0.870.819%R$ 106.22024-03-28
2024-01R$ 0.850.784%R$ 108.452024-02-29

BCIA11 dividends in 2023

In 2023 BCIA11 paid R$ 9.75 per unit across 12 periods, averaging R$ 0.81 per month.

PeriodIncome/unitMonthly DYBase priceEx-datePayment
2023-12R$ 0.850.796%R$ 106.82024-01-29
2023-11R$ 0.850.818%R$ 103.962023-12-28
2023-10R$ 0.850.85%R$ 99.962023-11-30
2023-09R$ 0.850.853%R$ 99.622023-10-30
2023-08R$ 0.830.803%R$ 103.382023-09-29
2023-07R$ 0.820.787%R$ 104.182023-08-28
2023-06R$ 0.80.755%R$ 105.912023-07-28
2023-05R$ 0.80.816%R$ 97.982023-06-29
2023-04R$ 0.780.877%R$ 88.892023-05-29
2023-03R$ 0.780.917%R$ 85.092023-04-28
2023-02R$ 0.780.969%R$ 80.522023-03-28
2023-01R$ 0.760.927%R$ 82.02023-02-28

BCIA11 dividends in 2022

In 2022 BCIA11 paid R$ 8.71 per unit across 12 periods, averaging R$ 0.73 per month.

PeriodIncome/unitMonthly DYBase priceEx-datePayment
2022-12R$ 0.760.913%R$ 83.22023-01-30
2022-11R$ 0.760.907%R$ 83.762022-12-28
2022-10R$ 0.760.885%R$ 85.92022-11-30
2022-09R$ 0.760.821%R$ 92.552022-10-31
2022-08R$ 0.740.781%R$ 94.742022-09-29
2022-07R$ 0.740.819%R$ 90.332022-08-26
2022-06R$ 0.740.895%R$ 82.72022-07-28
2022-05R$ 0.740.899%R$ 82.32022-06-29
2022-04R$ 0.710.855%R$ 83.02022-05-27
2022-03R$ 0.680.798%R$ 85.252022-04-29
2022-02R$ 0.680.829%R$ 82.012022-03-29
2022-01R$ 0.640.76%R$ 84.252022-02-25

BCIA11 dividends in 2021

In 2021 BCIA11 paid R$ 7.68 per unit across 12 periods, averaging R$ 0.64 per month.

PeriodIncome/unitMonthly DYBase priceEx-datePayment
2021-12R$ 0.640.739%R$ 86.622022-01-28
2021-11R$ 0.640.748%R$ 85.62021-12-28
2021-10R$ 0.640.798%R$ 80.22021-11-30
2021-09R$ 0.640.773%R$ 82.842021-10-29
2021-08R$ 0.640.748%R$ 85.572021-09-29
2021-07R$ 0.640.708%R$ 90.342021-08-27
2021-06R$ 0.640.669%R$ 95.72021-07-28
2021-05R$ 0.640.676%R$ 94.682021-06-29
2021-04R$ 0.640.651%R$ 98.382021-05-28
2021-03R$ 0.640.629%R$ 101.72021-04-30
2021-02R$ 0.640.61%R$ 104.92021-03-26
2021-01R$ 0.640.602%R$ 106.32021-02-26

BCIA11 dividends in 2020

In 2020 BCIA11 paid R$ 8.6 per unit across 12 periods, averaging R$ 0.72 per month.

PeriodIncome/unitMonthly DYBase priceEx-datePayment
2020-12R$ 0.720.635%R$ 113.32021-01-29
2020-11R$ 0.60.529%R$ 113.52020-12-29
2020-10R$ 0.60.517%R$ 116.152020-11-30
2020-09R$ 0.60.516%R$ 116.292020-10-29
2020-08R$ 0.131006760.102%R$ 128.342020-09-08
2020-07R$ 0.750.494%R$ 151.862020-08-28
2020-06R$ 0.750.548%R$ 136.912020-07-28
2020-05R$ 0.750.393%R$ 190.82020-06-29
2020-04R$ 0.750.425%R$ 176.532020-05-29
2020-03R$ 0.750.431%R$ 174.02020-04-30
2020-02R$ 1.00.676%R$ 148.02020-03-27
2020-01R$ 1.20.588%R$ 204.012020-02-28

BCIA11 dividends in 2019

In 2019 BCIA11 paid R$ 14.5 per unit across 12 periods, averaging R$ 1.21 per month.

PeriodIncome/unitMonthly DYBase priceEx-datePayment
2019-12R$ 3.61.637%R$ 219.982020-01-29
2019-11R$ 2.51.136%R$ 220.02019-12-30
2019-10R$ 1.00.606%R$ 165.02019-11-29
2019-09R$ 0.850.524%R$ 162.32019-10-28
2019-08R$ 0.850.604%R$ 140.632019-09-27
2019-07R$ 0.850.635%R$ 133.82019-08-28
2019-06R$ 1.00.8%R$ 125.052019-07-26
2019-05R$ 0.850.709%R$ 119.852019-06-28
2019-04R$ 0.80.684%R$ 116.982019-05-29
2019-03R$ 0.80.685%R$ 116.782019-04-29
2019-02R$ 0.70.596%R$ 117.52019-03-29
2019-01R$ 0.70.648%R$ 108.072019-02-28

BCIA11 dividends in 2018

In 2018 BCIA11 paid R$ 8.28 per unit across 12 periods, averaging R$ 0.69 per month.

PeriodIncome/unitMonthly DYBase priceEx-datePayment
2018-12R$ 0.70.662%R$ 105.72019-01-30
2018-11R$ 0.70.669%R$ 104.662018-12-28
2018-10R$ 0.70.672%R$ 104.172018-11-30
2018-09R$ 0.650.619%R$ 105.02018-10-29
2018-08R$ 0.70.639%R$ 109.492018-09-28
2018-07R$ 0.70.651%R$ 107.52018-08-28
2018-06R$ 0.7130.666%R$ 107.02018-07-30
2018-05R$ 0.70.679%R$ 103.12018-06-28
2018-04R$ 0.70.614%R$ 114.02018-05-29
2018-03R$ 0.70.583%R$ 120.02018-04-27
2018-02R$ 0.620.507%R$ 122.172018-03-28
2018-01R$ 0.70.586%R$ 119.492018-02-28

BCIA11 dividends in 2017

In 2017 BCIA11 paid R$ 8.68 per unit across 12 periods, averaging R$ 0.72 per month.

PeriodIncome/unitMonthly DYBase priceEx-datePayment
2017-12R$ 0.72017-01-30
2017-11R$ 0.70.6%R$ 116.612017-12-28
2017-10R$ 0.70.588%R$ 119.02017-11-30
2017-09R$ 0.70.583%R$ 120.02017-10-30
2017-08R$ 0.317372017-09-08
2017-07R$ 0.72017-08-28
2017-06R$ 0.82017-07-28
2017-05R$ 0.842017-06-29
2017-04R$ 0.652017-05-29
2017-03R$ 0.782017-04-28
2017-02R$ 0.922017-03-28
2017-01R$ 0.872017-02-24

Payout by half-year

Half-yearPayoutRead
1º Sem 202553.8%fez_caixa
2º Sem 2025101.8%queimou_caixa
1º Sem 202695.4%fez_caixa

Frequently asked questions

What was BCIA11's latest dividend?

The latest income announced by BCIA11 was R$ 0.86 per unit, paid on 2026-08-28.

Does BCIA11 pay monthly dividends?

Yes, BCIA11 distributes income to unitholders every month. The month-by-month history — with period, amount per unit, payment date and DY — is in the table above.

What is BCIA11's dividend yield (DY)?

BCIA11's dividend yield is approximately 11.48% based on the income paid over the last 12 months.

Is BCIA11 high yield?

With a DY near 11.48% per year, BCIA11 is in the high yield REIT range (above ~10% p.a.) — a level that usually comes with more credit or market risk.