Income history paid by BTG Pactual Agro Logística FIAGRO (BTAL11): record date, amount per unit, payment and dividend yield month by month.
Latest income: R$ 1.0 · paid on 2026-08-26 · 12m DY 13.86% · ≈ R$ 11.65/year
The DPS will remain at R$ 1.00 as long as the distributable portion of the reserve lasts (~R$ 2.76/unit, about 12 months) and will then converge toward the fund's underlying cash generation. From that point onward, annual IPCA inflation adjustments—concentrated in February—will dictate the trajectory.
The R$ 1.00/unit distribution is not self-funded, and the June allocation does not make it so. The fund generates R$ 0.78/unit in cash and distributes R$ 1.00; the difference is drawn from reserves. Shifting R$ 110M into private-label fixed income at CDI+1.6% adds the SPREAD — R$ 0.0245/unit/month — because the capital was already earning the CDI rate previously. This covers only a tenth of the R$ 0.22 gap.
The timeline is set by the manager, not us. Management announced the distribution of R$ 25M (~R$ 4.18/unit) from reserves over 18 months starting in January 2026. Subtracting the cash burn from January to June 2026 leaves ~R$ 2.76/unit — roughly twelve months at the current pace.
What supports the baseline thereafter is contractual: 100% of real estate revenue is inflation-adjusted by the IPCA under build-to-suit (atypical) leases, with a WAULT of 6.6 years, 100% occupancy since February 2021, and flawless delinquency metrics. Any adjustment to the DPS will be a level change, not a sign of asset quality deterioration.
Jun/26 Status: cash earnings of R$ 0.78/unit, 128% payout, cash of R$ 130.5M.
For next 6 months, the manager projects a distribution of R$ 1.0 to R$ 1.02 per unit per month.
Current DY (12m): 13.47% · Projected DY: 13.61% · reference price R$ 79.44
converging downward — the DPS of R$ 1.00 remains sustainable as long as the distributable portion of the reserve lasts (~R$ 2.76/unit); afterwards, it will converge toward cash generation
12-month average payout of 1.121% · accumulated cash covers about 109.9 months of distributions · burn of R$ 0.2075 per unit per month.
In 2026 BTAL11 paid R$ 7.0 per unit across 7 periods, averaging R$ 1.0 per month.
| Period | Income/unit | Monthly DY | Base price | Ex-date | Payment |
|---|---|---|---|---|---|
| 2026-07 | R$ 1.0 | 1.18% | R$ 84.73 | 2026-08-19 | 2026-08-26 |
| 2026-06 | R$ 1.0 | 1.176% | R$ 85.0 | 2026-07-17 | 2026-07-24 |
| 2026-05 | R$ 1.0 | 1.124% | R$ 88.99 | 2026-06-18 | 2026-06-25 |
| 2026-04 | R$ 1.0 | 1.106% | R$ 90.43 | 2026-05-20 | 2026-05-27 |
| 2026-03 | R$ 1.0 | 1.126% | R$ 88.8 | — | 2026-04-28 |
| 2026-02 | R$ 1.0 | 1.107% | R$ 90.31 | — | 2026-03-25 |
| 2026-01 | R$ 1.0 | 1.122% | R$ 89.11 | — | 2026-02-27 |
In 2025 BTAL11 paid R$ 10.87 per unit across 12 periods, averaging R$ 0.91 per month.
| Period | Income/unit | Monthly DY | Base price | Ex-date | Payment |
|---|---|---|---|---|---|
| 2025-12 | R$ 0.95 | 1.121% | R$ 84.75 | — | 2026-01-27 |
| 2025-11 | R$ 0.95 | 1.159% | R$ 82.0 | — | 2025-12-26 |
| 2025-10 | R$ 0.95 | 1.212% | R$ 78.4 | — | 2025-11-27 |
| 2025-09 | R$ 0.95 | 1.236% | R$ 76.85 | — | 2025-10-24 |
| 2025-08 | R$ 0.95 | 1.193% | R$ 79.65 | — | 2025-09-24 |
| 2025-07 | R$ 0.9 | 1.175% | R$ 76.57 | — | 2025-08-26 |
| 2025-06 | R$ 0.9 | 1.148% | R$ 78.41 | — | 2025-07-24 |
| 2025-05 | R$ 0.9 | 1.125% | R$ 80.01 | — | 2025-06-26 |
| 2025-04 | R$ 0.9 | 1.153% | R$ 78.09 | — | 2025-05-27 |
| 2025-03 | R$ 0.84 | 1.11% | R$ 75.65 | — | 2025-04-28 |
| 2025-02 | R$ 0.84 | 1.159% | R$ 72.47 | — | 2025-03-28 |
| 2025-01 | R$ 0.84 | 1.171% | R$ 71.76 | — | 2025-02-26 |
In 2024 BTAL11 paid R$ 9.51 per unit across 12 periods, averaging R$ 0.79 per month.
| Period | Income/unit | Monthly DY | Base price | Ex-date | Payment |
|---|---|---|---|---|---|
| 2024-12 | R$ 0.84 | 1.258% | R$ 66.75 | — | 2025-01-27 |
| 2024-11 | R$ 0.84 | 1.226% | R$ 68.51 | — | 2024-12-27 |
| 2024-10 | R$ 0.84 | 1.2% | R$ 70.0 | — | 2024-11-28 |
| 2024-09 | R$ 0.84 | 1.195% | R$ 70.28 | — | 2024-10-24 |
| 2024-08 | R$ 0.84 | 1.125% | R$ 74.67 | — | 2024-09-25 |
| 2024-07 | R$ 0.84 | 1.074% | R$ 78.24 | — | 2024-08-26 |
| 2024-06 | R$ 0.84 | 1.071% | R$ 78.4 | — | 2024-07-24 |
| 2024-05 | R$ 0.84 | 1.138% | R$ 73.83 | — | 2024-06-26 |
| 2024-04 | R$ 0.84 | 1.156% | R$ 72.67 | — | 2024-05-27 |
| 2024-03 | R$ 0.65 | 0.942% | R$ 68.97 | — | 2024-04-24 |
| 2024-02 | R$ 0.65 | 0.928% | R$ 70.03 | — | 2024-03-26 |
| 2024-01 | R$ 0.65 | 0.924% | R$ 70.32 | — | 2024-02-28 |
In 2023 BTAL11 paid R$ 8.9 per unit across 12 periods, averaging R$ 0.74 per month.
| Period | Income/unit | Monthly DY | Base price | Ex-date | Payment |
|---|---|---|---|---|---|
| 2023-12 | R$ 0.65 | 0.878% | R$ 74.01 | — | 2024-01-25 |
| 2023-11 | R$ 0.64 | — | — | — | 2023-12-27 |
| 2023-10 | R$ 0.68 | — | — | — | 2023-11-28 |
| 2023-09 | R$ 0.71 | — | — | — | 2023-10-26 |
| 2023-08 | R$ 0.71 | — | — | — | 2023-09-27 |
| 2023-07 | R$ 0.73 | — | — | — | 2023-08-24 |
| 2023-06 | R$ 0.73 | — | — | — | 2023-07-26 |
| 2023-05 | R$ 0.76 | — | — | — | 2023-06-27 |
| 2023-04 | R$ 0.8 | — | — | — | 2023-05-25 |
| 2023-03 | R$ 0.83 | — | — | — | 2023-04-28 |
| 2023-02 | R$ 0.83 | — | — | — | 2023-03-24 |
| 2023-01 | R$ 0.83 | — | — | — | 2023-02-28 |
In 2022 BTAL11 paid R$ 9.9 per unit across 12 periods, averaging R$ 0.83 per month.
| Period | Income/unit | Monthly DY | Base price | Ex-date | Payment |
|---|---|---|---|---|---|
| 2022-12 | R$ 0.83 | — | — | — | 2023-01-25 |
| 2022-11 | R$ 0.83 | — | — | — | 2022-12-26 |
| 2022-10 | R$ 0.83 | — | — | — | 2022-11-28 |
| 2022-09 | R$ 0.83 | — | — | — | 2022-10-27 |
| 2022-08 | R$ 0.83 | — | — | — | 2022-09-27 |
| 2022-07 | R$ 0.83 | — | — | — | 2022-08-24 |
| 2022-06 | R$ 0.83 | — | — | — | 2022-07-26 |
| 2022-05 | R$ 0.83 | — | — | — | 2022-06-27 |
| 2022-04 | R$ 0.83 | — | — | — | 2022-05-25 |
| 2022-03 | R$ 0.83 | — | — | — | 2022-04-28 |
| 2022-02 | R$ 0.8 | — | — | — | 2022-03-25 |
| 2022-01 | R$ 0.8 | — | — | — | 2022-02-24 |
In 2021 BTAL11 paid R$ 6.94 per unit across 11 periods, averaging R$ 0.63 per month.
| Period | Income/unit | Monthly DY | Base price | Ex-date | Payment |
|---|---|---|---|---|---|
| 2021-12 | R$ 0.83 | — | — | — | 2022-01-26 |
| 2021-11 | R$ 0.8 | — | — | — | 2021-12-27 |
| 2021-10 | R$ 0.8 | — | — | — | 2021-11-26 |
| 2021-09 | R$ 0.8 | — | — | — | 2021-10-27 |
| 2021-08 | R$ 0.79 | — | — | — | 2021-09-27 |
| 2021-07 | R$ 0.7 | — | — | — | 2021-08-25 |
| 2021-06 | R$ 0.662571876 | — | — | — | 2021-07-27 |
| 2021-05 | R$ 0.563394548 | — | — | — | 2021-06-25 |
| 2021-04 | R$ 0.475776467 | — | — | — | 2021-05-26 |
| 2021-03 | R$ 0.353594706 | — | — | — | 2021-04-28 |
| 2021-02 | R$ 0.160792749 | — | — | — | 2021-03-24 |
| Half-year | Payout | Read |
|---|---|---|
| 1º Sem 2021 | 99.8% | equilibrio |
| 2º Sem 2021 | 98.0% | fez_caixa |
| 1º Sem 2022 | 98.5% | fez_caixa |
| 2º Sem 2022 | 99.2% | equilibrio |
| 1º Sem 2023 | 102.4% | queimou_caixa |
| 2º Sem 2023 | 99.7% | equilibrio |
| 1º Sem 2024 | 98.0% | fez_caixa |
| 2º Sem 2024 | 96.2% | fez_caixa |
| 1º Sem 2025 | 100.8% | equilibrio |
| 2º Sem 2025 | 105.8% | queimou_caixa |
| 1º Sem 2026 | 130.3% | queimou_caixa |
The latest income announced by BTAL11 was R$ 1.0 per unit, paid on 2026-08-26.
Yes, BTAL11 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.
BTAL11's dividend yield is approximately 13.86% based on the income paid over the last 12 months.
With a DY near 13.86% per year, BTAL11 is in the high yield REIT range (above ~10% p.a.) — a level that usually comes with more credit or market risk.