Income history paid by BTG Pactual Real Estate Hedge Fund FII (BTHF11): record date, amount per unit, payment and dividend yield month by month.
Latest income: R$ 0.101 · paid on 2026-08-14 · 12m DY 12.96% · ≈ R$ 1.212/year
DPU rose from R$ 0.092 (May/24–Dec/25) to R$ 0.101 in Jan/26 and has remained unchanged since. Cash generation measured in Apr–Jun/26 (R$ 0.113 / 0.095 / 0.102) covers the distribution, and Shopping Pátio Cianê adds R$ 0.01/unit/month starting Aug/26. What restrains further growth is the reliance on capital gains: R$ 0.0127/unit/month of 2026 earnings stems from secondary market operations.
The dividend is covered by earnings. During the three months disclosed in the July Management Report, the fund generated R$ 0.113 / R$ 0.095 / R$ 0.102 per unit and distributed R$ 0.101 — a 98% payout ratio. Within that, R$ 0.091 is net recurring revenue (coupons from 42 CRIs, dividends from 48 FIIs, and cash carry) and R$ 0.0127 is earnings from secondary market unit trading.
This distinction matters because the two components have different natures: the first is contractual, the second is transactional execution. If the latter dries up, the fund generates R$ 0.091, making the R$ 0.100 guidance dependent on Pátio Cianê (R$ 0.01/unit announced) and portfolio indexation. This is precisely the pessimistic scenario in the projections—and it is no catastrophe: it represents a fund paying R$ 0.098 instead of R$ 0.112.
For 2S2026, the manager projects a distribution of R$ 0.1 to R$ 0.105 per unit per month.
Current DY (12m): 13.93% · Projected DY: 14.5% · reference price R$ 8.53
DPU stable at R$ 0.101 since Jan/26, following R$ 0.092 between May/24 and Dec/25. Earnings measured in Apr–Jun/26 (R$ 0.1033) fully cover the distribution.
12-month average payout of 0.978% · burn of R$ 0 per unit per month.
In 2026 BTHF11 paid R$ 0.71 per unit across 7 periods, averaging R$ 0.1 per month.
| Period | Income/unit | Monthly DY | Base price | Ex-date | Payment |
|---|---|---|---|---|---|
| 2026-07 | R$ 0.101 | 1.135% | R$ 8.9 | 2026-08-07 | 2026-08-14 |
| 2026-06 | R$ 0.101 | 1.103% | R$ 9.16 | 2026-07-07 | 2026-07-14 |
| 2026-05 | R$ 0.101 | 1.092% | R$ 9.25 | 2026-06-08 | 2026-06-15 |
| 2026-04 | R$ 0.101 | 1.074% | R$ 9.4 | 2026-05-08 | 2026-05-15 |
| 2026-03 | R$ 0.101 | 1.083% | R$ 9.33 | — | 2026-04-15 |
| 2026-02 | R$ 0.101 | 1.05% | R$ 9.62 | 2026-03-06 | 2026-03-13 |
| 2026-01 | R$ 0.101 | 1.074% | R$ 9.4 | — | 2026-02-13 |
In 2025 BTHF11 paid R$ 1.11 per unit across 12 periods, averaging R$ 0.09 per month.
| Period | Income/unit | Monthly DY | Base price | Ex-date | Payment |
|---|---|---|---|---|---|
| 2025-12 | R$ 0.092 | 1.034% | R$ 8.9 | 2026-01-08 | 2026-01-15 |
| 2025-11 | R$ 0.092 | 1.085% | R$ 8.48 | — | 2025-12-12 |
| 2025-10 | R$ 0.092 | 1.087% | R$ 8.46 | — | 2025-11-14 |
| 2025-09 | R$ 0.092 | 1.077% | R$ 8.54 | — | 2025-10-14 |
| 2025-08 | R$ 0.092 | 1.067% | R$ 8.62 | — | 2025-09-12 |
| 2025-07 | R$ 0.092 | 1.115% | R$ 8.25 | — | 2025-08-14 |
| 2025-06 | R$ 0.092 | 1.067% | R$ 8.62 | — | 2025-07-14 |
| 2025-05 | R$ 0.092 | 1.075% | R$ 8.56 | — | 2025-06-14 |
| 2025-04 | R$ 0.092 | 1.108% | R$ 8.3 | — | 2025-05-15 |
| 2025-03 | R$ 0.092 | 1.207% | R$ 7.62 | — | 2025-04-14 |
| 2025-02 | R$ 0.092 | 1.211% | R$ 7.6 | — | 2025-03-18 |
| 2025-01 | R$ 0.097 | 1.322% | R$ 7.34 | — | 2025-02-14 |
In 2024 BTHF11 paid R$ 1.15 per unit across 12 periods, averaging R$ 0.1 per month.
| Period | Income/unit | Monthly DY | Base price | Ex-date | Payment |
|---|---|---|---|---|---|
| 2024-12 | R$ 0.0973 | 1.357% | R$ 7.17 | — | 2025-01-15 |
| 2024-11 | R$ 0.097 | 1.234% | R$ 7.86 | — | 2024-12-27 |
| 2024-10 | R$ 0.092 | — | — | — | 2024-11-14 |
| 2024-09 | R$ 0.092 | — | — | — | 2024-10-14 |
| 2024-08 | R$ 0.092 | — | — | — | 2024-09-13 |
| 2024-07 | R$ 0.092 | — | — | — | 2024-08-14 |
| 2024-06 | R$ 0.092 | — | — | — | 2024-07-12 |
| 2024-05 | R$ 0.092 | — | — | — | 2024-06-14 |
| 2024-04 | R$ 0.095 | — | — | — | 2024-05-15 |
| 2024-03 | R$ 0.1 | — | — | — | 2024-04-12 |
| 2024-02 | R$ 0.1 | — | — | — | 2024-03-14 |
| 2024-01 | R$ 0.105 | — | — | — | 2024-02-16 |
In 2023 BTHF11 paid R$ 1.2 per unit across 11 periods, averaging R$ 0.11 per month.
| Period | Income/unit | Monthly DY | Base price | Ex-date | Payment |
|---|---|---|---|---|---|
| 2023-12 | R$ 0.105 | — | — | — | 2024-01-15 |
| 2023-11 | R$ 0.105 | — | — | — | 2023-12-14 |
| 2023-10 | R$ 0.11 | — | — | — | 2023-11-16 |
| 2023-09 | R$ 0.125 | — | — | — | 2023-10-16 |
| 2023-08 | R$ 0.125 | — | — | — | 2023-09-15 |
| 2023-07 | R$ 0.125 | — | — | — | 2023-08-14 |
| 2023-06 | R$ 0.1175 | — | — | — | 2023-07-14 |
| 2023-05 | R$ 0.1155 | — | — | — | 2023-06-15 |
| 2023-04 | R$ 0.1155 | — | — | — | 2023-05-15 |
| 2023-03 | R$ 0.1055 | — | — | — | 2023-04-17 |
| 2023-02 | R$ 0.0516 | — | — | — | 2023-03-13 |
| Half-year | Payout | Read |
|---|---|---|
| 1º Sem 2026 | 102.5% | queimou_caixa |
The latest income announced by BTHF11 was R$ 0.101 per unit, paid on 2026-08-14.
Yes, BTHF11 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.
BTHF11's dividend yield is approximately 12.96% based on the income paid over the last 12 months.
With a DY near 12.96% 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.