Income history paid by Guardian Real Estate (GARE11): record date, amount per unit, payment and dividend yield month by month.
Latest income: R$ 0.083 · paid on 2026-08-07 · 12m DY 12.0% · ≈ R$ 1.036/year
Next 12 months: stable at R$ 0.083, with guidance of R$ 0.083 to R$ 0.090 renewed for 2026. Over five years, the base case brings the DPS to R$ 0.090/month — a 7.7% increase, driven entirely by January IPCA adjustments on 66% of cash generation, with no contribution from new acquisitions.
The DPS of R$ 0.083/unit is sustainable over the long term. Over the past 12 months, cash earnings of R$ 172.5M fully covered distributions of R$ 170.4M (payout of 99%), with the surplus flowing into retained earnings. In Jan–Feb/2026, earnings per unit rose to R$ 0.084–0.085 following the recognition of revenue from Confins and MRV, indicating room for extraordinary distributions or gradual increases as the TVM pipeline is converted into properties.
For 12 months of 2026, the manager projects a distribution of R$ 0.083 to R$ 0.09 per unit per month.
Current DY (12m): 12.0% · Projected DY: 11.68% · reference price R$ 8.23
estável
12-month average payout of 0.9877% · burn of R$ 0 per unit per month.
In 2026 GARE11 paid R$ 0.58 per unit across 7 periods, averaging R$ 0.08 per month.
| Period | Income/unit | Monthly DY | Base price | Ex-date | Payment |
|---|---|---|---|---|---|
| 2026-07 | R$ 0.083 | 1.009% | R$ 8.23 | 2026-07-31 | 2026-08-07 |
| 2026-06 | R$ 0.083 | 1.016% | R$ 8.17 | 2026-06-30 | 2026-07-07 |
| 2026-05 | R$ 0.083 | 0.994% | R$ 8.35 | 2026-05-29 | 2026-06-08 |
| 2026-04 | R$ 0.083 | 1.0% | R$ 8.3 | — | 2026-05-08 |
| 2026-03 | R$ 0.083 | 0.988% | R$ 8.4 | — | 2026-04-08 |
| 2026-02 | R$ 0.083 | 0.983% | R$ 8.44 | — | 2026-03-06 |
| 2026-01 | R$ 0.083 | 0.964% | R$ 8.61 | — | 2026-02-06 |
In 2025 GARE11 paid R$ 1.04 per unit across 12 periods, averaging R$ 0.09 per month.
| Period | Income/unit | Monthly DY | Base price | Ex-date | Payment |
|---|---|---|---|---|---|
| 2025-12 | R$ 0.083 | 0.921% | R$ 9.01 | — | 2026-01-08 |
| 2025-11 | R$ 0.083 | 0.913% | R$ 9.09 | — | 2025-12-05 |
| 2025-10 | R$ 0.083 | 0.923% | R$ 8.99 | — | 2025-11-07 |
| 2025-09 | R$ 0.083 | 0.926% | R$ 8.96 | — | 2025-10-07 |
| 2025-08 | R$ 0.123 | 1.361% | R$ 9.04 | — | 2025-09-12 |
| 2025-07 | R$ 0.083 | 0.914% | R$ 9.08 | — | 2025-08-07 |
| 2025-06 | R$ 0.083 | 0.921% | R$ 9.01 | — | 2025-07-07 |
| 2025-05 | R$ 0.083 | 0.95% | R$ 8.74 | — | 2025-06-06 |
| 2025-04 | R$ 0.083 | 0.943% | R$ 8.8 | — | 2025-05-08 |
| 2025-03 | R$ 0.083 | 0.974% | R$ 8.52 | — | 2025-04-07 |
| 2025-02 | R$ 0.083 | 1.013% | R$ 8.19 | — | 2025-03-11 |
| 2025-01 | R$ 0.083 | 1.049% | R$ 7.91 | — | 2025-02-07 |
In 2024 GARE11 paid R$ 1.06 per unit across 12 periods, averaging R$ 0.09 per month.
| Period | Income/unit | Monthly DY | Base price | Ex-date | Payment |
|---|---|---|---|---|---|
| 2024-12 | R$ 0.092 | 1.098% | R$ 8.38 | — | 2025-01-08 |
| 2024-11 | R$ 0.092 | 1.066% | R$ 8.63 | — | 2024-12-06 |
| 2024-10 | R$ 0.092 | 1.015% | R$ 9.06 | — | 2024-11-07 |
| 2024-09 | R$ 0.09 | 0.991% | R$ 9.08 | — | 2024-10-07 |
| 2024-08 | R$ 0.087 | 0.946% | R$ 9.2 | — | 2024-09-06 |
| 2024-07 | R$ 0.087 | 0.965% | R$ 9.02 | — | 2024-08-07 |
| 2024-06 | R$ 0.087 | 0.963% | R$ 9.03 | — | 2024-07-05 |
| 2024-05 | R$ 0.087 | 0.959% | R$ 9.07 | — | 2024-06-07 |
| 2024-04 | R$ 0.087 | 0.962% | R$ 9.04 | — | 2024-05-08 |
| 2024-03 | R$ 0.087 | 0.951% | R$ 9.15 | — | 2024-04-05 |
| 2024-02 | R$ 0.086 | 0.953% | R$ 9.02 | — | 2024-03-07 |
| 2024-01 | R$ 0.084 | — | — | — | 2024-02-07 |
In 2023 GARE11 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 |
|---|---|---|---|---|---|
| 2023-12 | R$ 0.084 | — | — | — | 2024-01-08 |
| 2023-11 | R$ 0.084 | — | — | — | 2023-12-07 |
| 2023-10 | R$ 0.084 | — | — | — | 2023-11-08 |
| 2023-09 | R$ 0.084 | — | — | — | 2023-10-06 |
| 2023-08 | R$ 0.084 | — | — | — | 2023-09-08 |
| 2023-07 | R$ 0.082 | — | — | — | 2023-08-07 |
| 2023-06 | R$ 0.082 | — | — | — | 2023-07-07 |
| 2023-05 | R$ 0.082 | — | — | — | 2023-06-07 |
| 2023-04 | R$ 0.082 | — | — | — | 2023-05-08 |
| 2023-03 | R$ 0.082 | — | — | — | 2023-04-10 |
| 2023-02 | R$ 0.156 | — | — | — | 2023-03-07 |
| 2023-01 | R$ 0.161 | — | — | — | 2023-02-07 |
In 2022 GARE11 paid R$ 0.98 per unit across 12 periods, averaging R$ 0.08 per month.
| Period | Income/unit | Monthly DY | Base price | Ex-date | Payment |
|---|---|---|---|---|---|
| 2022-12 | R$ 0.082 | — | — | — | 2023-01-06 |
| 2022-11 | R$ 0.082 | — | — | — | 2022-12-07 |
| 2022-10 | R$ 0.082 | — | — | — | 2022-11-08 |
| 2022-09 | R$ 0.082 | — | — | — | 2022-10-07 |
| 2022-08 | R$ 0.082 | — | — | — | 2022-09-08 |
| 2022-07 | R$ 0.082 | — | — | — | 2022-08-12 |
| 2022-06 | R$ 0.08 | — | — | — | 2022-07-14 |
| 2022-05 | R$ 0.082 | — | — | — | 2022-06-14 |
| 2022-04 | R$ 0.082 | — | — | — | 2022-05-13 |
| 2022-03 | R$ 0.082 | — | — | — | 2022-04-14 |
| 2022-02 | R$ 0.082 | — | — | — | 2022-03-15 |
| 2022-01 | R$ 0.084 | — | — | — | 2022-02-14 |
In 2021 GARE11 paid R$ 1.22 per unit across 12 periods, averaging R$ 0.1 per month.
| Period | Income/unit | Monthly DY | Base price | Ex-date | Payment |
|---|---|---|---|---|---|
| 2021-12 | R$ 0.129 | — | — | — | 2022-01-14 |
| 2021-11 | R$ 0.17 | — | — | — | 2021-12-14 |
| 2021-10 | R$ 0.084 | — | — | — | 2021-11-16 |
| 2021-09 | R$ 0.084 | — | — | — | 2021-10-15 |
| 2021-08 | R$ 0.084 | — | — | — | 2021-09-15 |
| 2021-07 | R$ 0.084 | — | — | — | 2021-08-13 |
| 2021-06 | R$ 0.084 | — | — | — | 2021-07-15 |
| 2021-05 | R$ 0.084 | — | — | — | 2021-06-15 |
| 2021-04 | R$ 0.084 | — | — | — | 2021-05-14 |
| 2021-03 | R$ 0.084 | — | — | — | 2021-04-15 |
| 2021-02 | R$ 0.1684 | — | — | — | 2021-04-15 |
| 2021-01 | R$ 0.081 | — | — | — | 2021-02-12 |
In 2020 GARE11 paid R$ 0.42 per unit across 3 periods, averaging R$ 0.14 per month.
| Period | Income/unit | Monthly DY | Base price | Ex-date | Payment |
|---|---|---|---|---|---|
| 2020-12 | R$ 0.0977 | — | — | — | 2021-01-15 |
| 2020-11 | R$ 0.2634 | — | — | — | 2020-12-14 |
| 2020-10 | R$ 0.0626 | — | — | — | 2020-11-16 |
| Half-year | Payout | Read |
|---|---|---|
| 1º Sem 2025 | 99.7% | equilibrio |
| 1º Sem 2026 | 98.7% | fez_caixa |
The latest income announced by GARE11 was R$ 0.083 per unit, paid on 2026-08-07.
Yes, GARE11 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.
GARE11's dividend yield is approximately 12.0% based on the income paid over the last 12 months.
With a DY near 12.0% per year, GARE11 is in the high yield REIT range (above ~10% p.a.) — a level that usually comes with more credit or market risk.