CPTR11 Dividends — income history

When does CPTR11 pay the next dividend?

• 2026-06 — Belagrícola — final court ratification of out-of-court reorganization: Out-of-court reorganization approved in Feb/26 with a 50% quorum. Complete judicial ratification expected for May/Jun 2026. Extension without discount preserves face value.
• 2026-09 — Potential DPU adjustment due to the Selic rate-cut cycle: Focus survey projects Selic at 12.2% at year-end 2026 and 11% at year-end 2027. The portfolio is 63% CDI+, so each -1pp in Selic compresses DPU by ~R$ 0.007/unit.
• 2026-12 — Potential acceleration of court rulings on reorganization cases (AgroGalaxy, Patense): Reorganization cases may culminate in definitive decisions (plan ratification OR conversion to bankruptcy). Worst-case scenario: partial collateral enforcement, closing ~3–5% of net assets with an additional loss of 10–3
• 2027-01 — Structural DPU pressure toward the R$ 0.10–0.11 range: 2027 base case: Selic at 11%, maturities being reinvested at lower spreads, DPU stabilizes at R$ 0.10–0.11. Unit price settles at R$ 7.80–8.40 at a 14.8% dividend yield.

CPTR11 dividend summary

• Current (Mar/26): R$ 0,115
• Máximo 24m: R$ 0,115
• Mínimo 24m: R$ 0,067
• Tendência: Estável/curta

Income analysis

The DPU of R$ 0.115/unit is expected to hold in the short term (6 months). In the medium term (12–24m), the Selic rate-cut cycle exerts downward pressure to R$ 0.10–0.11/unit in 2027.

Are the dividends sustainable?

The DPU of R$ 0.115/unit is sustainable over a 6–12 month horizon. The fund is building cash in most months (average payout of 80.4% over the semester) and the reserve of R$ 0.268/unit covers 2.3 months of extra distribution. The inflection point is the Selic rate-cut cycle: each 1pp drop in Selic compresses ~R$ 0.007/unit of DPU (63% of the portfolio in CDI+). Base case for 2027: R$ 0.10–0.11/unit if Selic reaches 11%. If new defaults emerge in the distressed cases (Patense, AgroGalaxy), the direct impact would be limited (already marked down to 50–55%), but market sentiment would pressure the unit price.

Distribution guidance

For 1S2026, the manager projects a distribution of R$ 0.11 to R$ 0.12 per unit per month.

Dividend yield projection

Current DY (12m): 15.57% · Projected DY: 16.47% · reference price R$ 7.42

Will CPTR11 keep the dividend?

DPU stable at R$ 0.115/unit over the next 6 months. Emerging medium-term risk if the Selic rate cycle accelerates below 12% (impact on the CDI+ portion = 63% of the portfolio).

12-month average payout of 0.92% · burn of R$ 0 per unit per month.

CPTR11 dividends in 2026

In 2026 CPTR11 paid R$ 0.79 per unit across 7 periods, averaging R$ 0.11 per month.

CPTR11 dividends in 2025

In 2025 CPTR11 paid R$ 1.23 per unit across 12 periods, averaging R$ 0.1 per month.

CPTR11 dividends in 2024

In 2024 CPTR11 paid R$ 0.81 per unit across 12 periods, averaging R$ 0.07 per month.

CPTR11 dividends in 2023

In 2023 CPTR11 paid R$ 1.49 per unit across 12 periods, averaging R$ 0.12 per month.

CPTR11 dividends in 2022

In 2022 CPTR11 paid R$ 1.09 per unit across 7 periods, averaging R$ 0.16 per month.

Payout by half-year

Frequently asked questions

What was CPTR11's latest dividend?

The latest income announced by CPTR11 was R$ 0.11 per unit, paid on 2026-08-19.

Does CPTR11 pay monthly dividends?

Yes, CPTR11 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 CPTR11's dividend yield (DY)?

CPTR11's dividend yield is approximately 16.62% based on the income paid over the last 12 months.

Is CPTR11 high yield?

With a DY near 16.62% per year, CPTR11 is in the high yield REIT range (above ~10% p.a.) — a level that usually comes with more credit or market risk.