BTCI11 Dividends — income history

Income history paid by BTG Pactual Crédito Imobiliário - Fundo de CRI - FII Limited Liability (BTCI11): record date, amount per unit, payment and dividend yield month by month.

Latest income: R$ 0.103 · paid on 2026-08-14 · 12m DY 12.68% · ≈ R$ 1.14/year

When does BTCI11 pay the next dividend?

  • 2026-07 — Probable start of the Selic-cutting cycle (Focus projects 50 bps in Mar and Jul/2026): Focus projects the Selic at 11% in 12 months (vs 14.5% currently). Cuts trigger mark-to-market gains on long IPCA+ CRIs and restore DPU margins.
  • 2026-09 — Risk of additional DPU adjustment to R$ 0.085-0.090 if Selic does not drop: If the Selic stalls at 14-14.5% until Sep/2026, a payout > 100% persists and cash may drop again. Management would be forced to cut the DPU to preserve reserves.
  • 2026-12 — Maturity of the Carvalho Hosken CRI (1.5% of NAV) in Dec/2026: Carvalho Hosken CRI matures on 15/12/2026, totaling R$ 15.1M (1.5% of NAV). Full repayment releases capital for reallocation into CRIs at current spreads.
  • 2026-06 — Unit buyback (if CVM approves public consultation for FIIs): The CVM has an open public consultation on allowing FIIs to buy back their own units. If approved, a fund with a P/BV of 0.91 and cash reserves could initiate an accretive buyback program.

BTCI11 dividend summary

  • Current (Apr/2026): R$ 0,095
  • Maior 12m: R$ 0,100
  • Menor 12m: R$ 0,093
  • Real sustainable: R$ 0,091

Income analysis

The DPU is R$ 0.004 above the sustainable level — management has already adjusted twice (R$ 0.100→0.095→0.093). Next move depends on the monetary cycle

Are the dividends sustainable?

The DPU of R$ 0.095/unit is once again covered by current generation: the May/2026 MR (Apr/2026 base) shows a 12-month financial result of R$ 1.183/unit against distributions of R$ 1.160/unit, and the March/2026 result (R$ 0.105/unit) exceeded the DPU. The cash burn of 2H/2025 (cash dropping from R$ 84M in Jun/25 to R$ 11M in Dec/25) has been reversed: cash rose to R$ 24.5M (Mar/26) and R$ 33.7M (Apr/26). The structural inflection point remains the Selic cycle: cuts in line with Focus projections bring favorable mark-to-market gains to IPCA+ CRIs (~4-year duration) and widen the DPU cushion. Residual risk remains macroeconomic — inflation above target and doubts regarding the continuation of monetary easing in 2026 could limit mark-to-market gains.

Distribution guidance

For Next 12 months (May/2026 to Apr/2027), the manager projects a distribution of R$ 0.085 to R$ 0.097 per unit per month.

Dividend yield projection

Current DY (12m): 12.34% · Projected DY: 12.2% · reference price R$ 9.0

Will BTCI11 keep the dividend?

Normalization confirmed — following two adjustments (R$ 0.100 → 0.095 → 0.093), the DPU rose to R$ 0.095 for the April/2026 accrual period, with monthly cash results (R$ 0.105) covering the distribution. Cash reserves continue to rebuild

12-month average payout of 1.0% · burn of R$ 0 per unit per month.

BTCI11 dividends in 2026

In 2026 BTCI11 paid R$ 0.69 per unit across 7 periods, averaging R$ 0.1 per month.

PeriodIncome/unitMonthly DYBase priceEx-datePayment
2026-07R$ 0.1031.131%R$ 9.112026-08-072026-08-14
2026-06R$ 0.1051.145%R$ 9.172026-07-072026-07-14
2026-05R$ 0.1051.134%R$ 9.262026-06-082026-06-15
2026-04R$ 0.0951.029%R$ 9.232026-05-15
2026-03R$ 0.0930.995%R$ 9.352026-04-15
2026-02R$ 0.0931.002%R$ 9.282026-03-13
2026-01R$ 0.0930.995%R$ 9.352026-02-062026-02-13

BTCI11 dividends in 2025

In 2025 BTCI11 paid R$ 1.16 per unit across 12 periods, averaging R$ 0.1 per month.

PeriodIncome/unitMonthly DYBase priceEx-datePayment
2025-12R$ 0.0971.045%R$ 9.282026-01-15
2025-11R$ 0.0961.034%R$ 9.282025-12-12
2025-10R$ 0.0951.024%R$ 9.282025-11-14
2025-09R$ 0.11.075%R$ 9.32025-10-14
2025-08R$ 0.11.074%R$ 9.312025-09-12
2025-07R$ 0.11.101%R$ 9.082025-08-14
2025-06R$ 0.11.089%R$ 9.182025-07-14
2025-05R$ 0.0981.099%R$ 8.922025-06-13
2025-04R$ 0.0961.045%R$ 9.192025-05-15
2025-03R$ 0.0941.079%R$ 8.712025-04-14
2025-02R$ 0.0931.054%R$ 8.822025-03-18
2025-01R$ 0.0921.136%R$ 8.12025-02-14

BTCI11 dividends in 2024

In 2024 BTCI11 paid R$ 1.1 per unit across 12 periods, averaging R$ 0.09 per month.

PeriodIncome/unitMonthly DYBase priceEx-datePayment
2024-12R$ 0.0921.041%R$ 8.842025-01-15
2024-11R$ 0.0911.137%R$ 8.02024-12-13
2024-10R$ 0.0911.025%R$ 8.882024-11-14
2024-09R$ 0.090.977%R$ 9.212024-10-14
2024-08R$ 0.0920.924%R$ 9.962024-09-13
2024-07R$ 0.0940.952%R$ 9.872024-08-14
2024-06R$ 0.0940.945%R$ 9.952024-07-12
2024-05R$ 0.0930.933%R$ 9.972024-06-14
2024-04R$ 0.0920.921%R$ 9.992024-05-15
2024-03R$ 0.0920.898%R$ 10.252024-04-12
2024-02R$ 0.0920.916%R$ 10.042024-03-14
2024-01R$ 0.0920.92%R$ 10.02024-02-16

BTCI11 dividends in 2023

In 2023 BTCI11 paid R$ 1.22 per unit across 12 periods, averaging R$ 0.1 per month.

PeriodIncome/unitMonthly DYBase priceEx-datePayment
2023-12R$ 0.0940.942%R$ 9.982024-01-15
2023-11R$ 0.0971.016%R$ 9.552023-12-14
2023-10R$ 0.0970.994%R$ 9.762023-11-16
2023-09R$ 0.1011.026%R$ 9.842023-10-16
2023-08R$ 0.1011.049%R$ 9.632023-09-15
2023-07R$ 0.1011.054%R$ 9.582023-08-14
2023-06R$ 0.1011.064%R$ 9.492023-07-14
2023-05R$ 0.1061.153%R$ 9.192023-06-15
2023-04R$ 0.1061.157%R$ 9.162023-05-15
2023-03R$ 0.1061.192%R$ 8.892023-04-17
2023-02R$ 0.1061.192%R$ 8.892023-03-14
2023-01R$ 0.1061.221%R$ 8.682023-02-14

BTCI11 dividends in 2022

In 2022 BTCI11 paid R$ 12.05 per unit across 12 periods, averaging R$ 1.0 per month.

PeriodIncome/unitMonthly DYBase priceEx-datePayment
2022-12R$ 0.9510.767%R$ 8.822023-01-13
2022-11R$ 0.910.321%R$ 8.722022-12-14
2022-10R$ 0.98.995%R$ 10.012022-11-16
2022-09R$ 0.98.606%R$ 10.462022-10-17
2022-08R$ 0.98.451%R$ 10.652022-09-15
2022-07R$ 1.059.947%R$ 10.562022-08-12
2022-06R$ 1.19752001511.466%R$ 10.442022-07-14
2022-05R$ 1.1510.88%R$ 10.572022-06-14
2022-04R$ 1.110.301%R$ 10.682022-05-13
2022-03R$ 1.059.763%R$ 10.752022-04-14
2022-02R$ 1.09.571%R$ 10.452022-03-15
2022-01R$ 0.959.316%R$ 10.22022-02-14

BTCI11 dividends in 2021

In 2021 BTCI11 paid R$ 9.74 per unit across 12 periods, averaging R$ 0.81 per month.

PeriodIncome/unitMonthly DYBase priceEx-datePayment
2021-12R$ 0.9345411029.171%R$ 10.192022-01-14
2021-11R$ 0.929.09%R$ 10.122021-12-14
2021-10R$ 0.828.418%R$ 9.742021-11-16
2021-09R$ 0.757.297%R$ 10.282021-10-15
2021-08R$ 0.76.923%R$ 10.112021-09-15
2021-07R$ 0.76.924%R$ 10.112021-08-13
2021-06R$ 0.6614013056.287%R$ 10.522021-07-15
2021-05R$ 0.727.04%R$ 10.232021-06-15
2021-04R$ 0.989.404%R$ 10.422021-05-14
2021-03R$ 1.029.945%R$ 10.262021-04-15
2021-02R$ 0.787.647%R$ 10.22021-03-12
2021-01R$ 0.757.626%R$ 9.832021-02-12

BTCI11 dividends in 2020

In 2020 BTCI11 paid R$ 7.77 per unit across 12 periods, averaging R$ 0.65 per month.

PeriodIncome/unitMonthly DYBase priceEx-datePayment
2020-12R$ 0.552286585.648%R$ 9.782021-01-15
2020-11R$ 0.535.689%R$ 9.322020-12-14
2020-10R$ 0.475.009%R$ 9.382020-11-16
2020-09R$ 0.454.885%R$ 9.212020-10-15
2020-08R$ 0.015501680.163%R$ 9.522020-09-15
2020-07R$ 0.66.237%R$ 9.622020-08-14
2020-06R$ 1.1511.521%R$ 9.982020-07-14
2020-05R$ 0.87.742%R$ 10.332020-06-15
2020-04R$ 0.859.217%R$ 9.222020-05-15
2020-03R$ 0.959.618%R$ 9.882020-04-15
2020-02R$ 0.76.908%R$ 10.132020-03-13
2020-01R$ 0.76.301%R$ 11.112020-02-14

BTCI11 dividends in 2019

In 2019 BTCI11 paid R$ 7.6 per unit across 12 periods, averaging R$ 0.63 per month.

PeriodIncome/unitMonthly DYBase priceEx-datePayment
2019-12R$ 0.645.689%R$ 11.252020-01-15
2019-11R$ 0.65.373%R$ 11.172019-12-13
2019-10R$ 0.65.387%R$ 11.142019-11-14
2019-09R$ 0.655.795%R$ 11.222019-10-14
2019-08R$ 0.0176486670.156%R$ 11.282019-09-13
2019-07R$ 0.796.964%R$ 11.342019-08-14
2019-06R$ 0.8364871347.428%R$ 11.262019-07-15
2019-05R$ 0.968.533%R$ 11.252019-06-14
2019-04R$ 0.837.358%R$ 11.282019-05-15
2019-03R$ 0.745.878%R$ 12.592019-04-12
2019-02R$ 0.484.136%R$ 11.612019-03-18
2019-01R$ 0.464.206%R$ 10.942019-02-14

BTCI11 dividends in 2018

In 2018 BTCI11 paid R$ 10.25 per unit across 12 periods, averaging R$ 0.85 per month.

PeriodIncome/unitMonthly DYBase priceEx-datePayment
2018-12R$ 0.625.669%R$ 10.942019-01-15
2018-11R$ 0.852018-12-14
2018-10R$ 0.852018-11-16
2018-09R$ 0.852018-10-15
2018-08R$ 1.052018-09-17
2018-07R$ 1.012018-08-14
2018-06R$ 0.9417639877367792018-07-13
2018-05R$ 0.822018-06-14
2018-04R$ 0.762018-05-15
2018-03R$ 0.752018-04-13
2018-02R$ 0.852018-03-14
2018-01R$ 0.92018-02-16

BTCI11 dividends in 2017

In 2017 BTCI11 paid R$ 6.58 per unit across 12 periods, averaging R$ 0.55 per month.

PeriodIncome/unitMonthly DYBase priceEx-datePayment
2017-12R$ 0.682018-01-15
2017-11R$ 0.652017-12-14
2017-10R$ 0.652017-11-16
2017-09R$ 0.452017-10-16
2017-08R$ 0.332017-09-15
2017-07R$ 0.292017-08-14
2017-06R$ 0.242017-07-14
2017-05R$ 0.372017-06-14
2017-04R$ 0.552017-05-15
2017-03R$ 0.762017-04-17
2017-02R$ 0.812017-03-14
2017-01R$ 0.82017-02-14

BTCI11 dividends in 2016

In 2016 BTCI11 paid R$ 0.68 per unit across 1 periods, averaging R$ 0.68 per month.

PeriodIncome/unitMonthly DYBase priceEx-datePayment
2016-12R$ 0.68031792672017-01-13

Payout by half-year

Half-yearPayoutRead
1º Sem 202476.5%fez_caixa
1º Sem 2025115.6%queimou_caixa
2º Sem 2025124.4%queimou_caixa
1º Sem 202694.5%fez_caixa

Frequently asked questions

What was BTCI11's latest dividend?

The latest income announced by BTCI11 was R$ 0.103 per unit, paid on 2026-08-14.

Does BTCI11 pay monthly dividends?

Yes, BTCI11 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 BTCI11's dividend yield (DY)?

BTCI11's dividend yield is approximately 12.68% based on the income paid over the last 12 months.

Is BTCI11 high yield?

With a DY near 12.68% per year, BTCI11 is in the high yield REIT range (above ~10% p.a.) — a level that usually comes with more credit or market risk.