BTHF11 Dividends — payout history

History of distributions paid by the BTG Pactual Real Estate Hedge Fund REIT (BTHF11): reference date, value per unit, payment and month-by-month dividend yield.

Latest dividend: R$ 0.101 · paid on 2026-06-15 · 12m DY 13.08% · ≈ R$ 1.212/year

Are the dividends sustainable?

A sustainable DPS with a relevant extraordinary component. Recurring base: ~R$ 0.092 (CRIs + dividends of the REITs held + financial income on the cash). Extra component: ~R$ 0.005-0.010/unit comes from secondary arbitrages and capital gains on divestments (the R$ 46M from EZ Tower in Dec/25 pushed the DPS to R$ 0.106). The manager's H1/26 guidance (R$ 0.100-0.105) assumes a recurring extra component — viable given the R$ 187M/month pace of secondary operations in Feb/26.

A robust cash position (R$ 326M) covers dozens of months of distribution — the risk of breaking the payout is practically nil.

Distribution guidance

For H1/26 / H2/26 pending, the manager projects a distribution of R$ 0.1 to R$ 0.105 per unit per month.

Dividend yield projection

Current DY (12m): 13.08% · Projected DY: 13.5% · reference price R$ 9.27

Full dividend history of BTHF11 (40 months)

Reference periodDividend/unitDY in the monthBase priceEx-datePayment
2026-05R$ 0.1011.092%R$ 9.252026-06-082026-06-15
2026-04R$ 0.1011.074%R$ 9.42026-05-082026-05-15
2026-03R$ 0.1011.083%R$ 9.332026-04-15
2026-02R$ 0.1011.05%R$ 9.622026-03-062026-03-13
2026-01R$ 0.1011.074%R$ 9.42026-02-13
2025-12R$ 0.0921.034%R$ 8.92026-01-082026-01-15
2025-11R$ 0.0921.085%R$ 8.482025-12-12
2025-10R$ 0.0921.087%R$ 8.462025-11-14
2025-09R$ 0.0921.077%R$ 8.542025-10-14
2025-08R$ 0.0921.067%R$ 8.622025-09-12
2025-07R$ 0.0921.115%R$ 8.252025-08-14
2025-06R$ 0.0921.067%R$ 8.622025-07-14
2025-05R$ 0.0921.075%R$ 8.562025-06-14
2025-04R$ 0.0921.108%R$ 8.32025-05-15
2025-03R$ 0.0921.207%R$ 7.622025-04-14
2025-02R$ 0.0921.211%R$ 7.62025-03-18
2025-01R$ 0.0971.322%R$ 7.342025-02-14
2024-12R$ 0.09731.357%R$ 7.172025-01-15
2024-11R$ 0.0971.234%R$ 7.862024-12-27
2024-10R$ 0.0922024-11-14
2024-09R$ 0.0922024-10-14
2024-08R$ 0.0922024-09-13
2024-07R$ 0.0922024-08-14
2024-06R$ 0.0922024-07-12
2024-05R$ 0.0922024-06-14
2024-04R$ 0.0952024-05-15
2024-03R$ 0.12024-04-12
2024-02R$ 0.12024-03-14
2024-01R$ 0.1052024-02-16
2023-12R$ 0.1052024-01-15
2023-11R$ 0.1052023-12-14
2023-10R$ 0.112023-11-16
2023-09R$ 0.1252023-10-16
2023-08R$ 0.1252023-09-15
2023-07R$ 0.1252023-08-14
2023-06R$ 0.11752023-07-14
2023-05R$ 0.11552023-06-15
2023-04R$ 0.11552023-05-15
2023-03R$ 0.10552023-04-17
2023-02R$ 0.05162023-03-13

Payout by half-year

Half-yearPayoutReading
H1 2023fase_inicial_construcao_portfolio
H2 2023extraordinarias_cetip
H1 2024estabilizacao_pre_fusao
H2 2024 (includes the merger)fusao_bcff_e_listagem
H1 2025 (post-listing)primeiro_semestre_completo_listado
H2 2025extraordinaria_dez25_ez_tower
H1 2026 (in progress)guidance_100_105_cumprido

Frequently asked questions

What is BTHF11's latest dividend?

The latest dividend announced by BTHF11 was R$ 0.101 per unit, with payment on 2026-06-15.

Does BTHF11 pay monthly dividends?

Yes, BTHF11 distributes dividends to unitholders monthly. The month-by-month history — with the reference period, value per unit, payment date and DY — is in the table above.

What is BTHF11's dividend yield (DY)?

BTHF11's dividend yield is approximately 13.08% considering the dividends of the last 12 months.

Is BTHF11 high yield?

With a DY close to 13.08% per year, BTHF11 is in the high-yield REIT range (above ~10% p.a.) — a level that usually comes with more credit or market risk.