Income history paid by Galápagos Recebíveis do Agronegócio - Real Estate Fiagro (GCRA11): record date, amount per unit, payment and dividend yield month by month.
Latest income: R$ 0.68 · paid on 2026-08-14 · 12m DY 15.5% · ≈ R$ 8.16/year
DPU is expected to remain at R$ 0.60-0.70 over the next 6 months, with a downward bias due to declining Selic rates. Effective recovery of collateral (land auctions) is the upside catalyst.
The DPU has been locked at R$ 0.68/unit since September/2025, and April/2026 earnings exactly covered the distribution (R$ 0.68 in earnings to R$ 0.68 distributed), with management reserves maintained at R$ 0.93/unit. The structure is sustainable in the short term, but carries two risks: (i) the ~22% of NAV in delinquent credits does not currently generate full cash flow — any deterioration forces the use of reserves; and (ii) with 69% of the portfolio in CDI+ and Selic falling (14.50% and declining), nominal carry is expected to trend lower over coming quarters. A positive catalyst would be the effective recovery via collateral (land) auctions, which could bolster earnings and even generate capital gains.
For Next 6 months (May/26 to Oct/26), the manager projects a distribution of R$ 0.6 to R$ 0.7 per unit per month.
Current DY (12m): 14.9% · Projected DY: 13.0% · reference price R$ 47.6
DPU stable at R$ 0.68 since Sep/2025. April 2026 earnings were exactly R$ 0.68/unit (earnings = distribution), with reserves maintained at R$ 0.93/unit.
12-month average payout of 1.0% · burn of R$ 0.0 per unit per month.
In 2026 GCRA11 paid R$ 4.76 per unit across 7 periods, averaging R$ 0.68 per month.
| Period | Income/unit | Monthly DY | Base price | Ex-date | Payment |
|---|---|---|---|---|---|
| 2026-07 | R$ 0.68 | 1.35% | R$ 50.36 | 2026-08-07 | 2026-08-14 |
| 2026-06 | R$ 0.68 | 1.325% | R$ 51.31 | 2026-07-07 | 2026-07-14 |
| 2026-05 | R$ 0.68 | 1.293% | R$ 52.6 | 2026-06-08 | 2026-06-15 |
| 2026-04 | R$ 0.68 | 1.263% | R$ 53.84 | — | 2026-05-15 |
| 2026-03 | R$ 0.68 | 1.254% | R$ 54.21 | — | 2026-04-15 |
| 2026-02 | R$ 0.68 | 1.199% | R$ 56.7 | — | 2026-03-13 |
| 2026-01 | R$ 0.68 | 1.244% | R$ 54.66 | — | 2026-02-13 |
In 2025 GCRA11 paid R$ 7.93 per unit across 12 periods, averaging R$ 0.66 per month.
| Period | Income/unit | Monthly DY | Base price | Ex-date | Payment |
|---|---|---|---|---|---|
| 2025-12 | R$ 0.68 | 1.259% | R$ 54.0 | — | 2026-01-15 |
| 2025-11 | R$ 0.68 | 1.335% | R$ 50.95 | — | 2025-12-12 |
| 2025-10 | R$ 0.68 | 1.36% | R$ 50.0 | — | 2025-11-14 |
| 2025-09 | R$ 0.68 | 1.347% | R$ 50.5 | — | 2025-10-14 |
| 2025-08 | R$ 0.66 | 1.273% | R$ 51.83 | — | 2025-09-12 |
| 2025-07 | R$ 0.66 | 1.297% | R$ 50.9 | — | 2025-08-14 |
| 2025-06 | R$ 0.66 | 1.269% | R$ 52.0 | — | 2025-07-14 |
| 2025-05 | R$ 0.66 | 1.294% | R$ 51.0 | — | 2025-06-13 |
| 2025-04 | R$ 0.66 | 1.294% | R$ 50.99 | — | 2025-05-15 |
| 2025-03 | R$ 0.65 | 1.277% | R$ 50.89 | — | 2025-04-14 |
| 2025-02 | R$ 0.64 | 1.266% | R$ 50.55 | — | 2025-03-18 |
| 2025-01 | R$ 0.62 | 1.382% | R$ 44.86 | — | 2025-02-14 |
In 2024 GCRA11 paid R$ 8.59 per unit across 12 periods, averaging R$ 0.72 per month.
| Period | Income/unit | Monthly DY | Base price | Ex-date | Payment |
|---|---|---|---|---|---|
| 2024-12 | R$ 0.6 | 1.302% | R$ 46.09 | — | 2025-01-15 |
| 2024-11 | R$ 0.58 | 1.466% | R$ 39.55 | — | 2024-12-13 |
| 2024-10 | R$ 0.6 | 1.37% | R$ 43.8 | — | 2024-11-14 |
| 2024-09 | R$ 0.64 | 1.239% | R$ 51.66 | — | 2024-10-14 |
| 2024-08 | R$ 0.67 | 1.122% | R$ 59.71 | — | 2024-09-13 |
| 2024-07 | R$ 0.7 | 1.188% | R$ 58.94 | — | 2024-08-14 |
| 2024-06 | R$ 0.7 | 1.197% | R$ 58.46 | — | 2024-07-12 |
| 2024-05 | R$ 0.75 | 1.228% | R$ 61.09 | — | 2024-06-14 |
| 2024-04 | R$ 0.75 | 1.162% | R$ 64.53 | — | 2024-05-15 |
| 2024-03 | R$ 0.8 | 1.203% | R$ 66.5 | — | 2024-04-12 |
| 2024-02 | R$ 0.85 | 1.378% | R$ 61.67 | — | 2024-03-14 |
| 2024-01 | R$ 0.95 | 1.504% | R$ 63.18 | — | 2024-02-16 |
In 2023 GCRA11 paid R$ 13.71 per unit across 12 periods, averaging R$ 1.14 per month.
| Period | Income/unit | Monthly DY | Base price | Ex-date | Payment |
|---|---|---|---|---|---|
| 2023-12 | R$ 1.0 | 1.33% | R$ 75.18 | — | 2024-01-15 |
| 2023-11 | R$ 1.0 | 1.458% | R$ 68.58 | — | 2023-12-14 |
| 2023-10 | R$ 1.08 | 1.348% | R$ 80.1 | — | 2023-11-16 |
| 2023-09 | R$ 1.1 | — | — | — | 2023-10-16 |
| 2023-08 | R$ 1.1 | — | — | — | 2023-09-15 |
| 2023-07 | R$ 1.1 | — | — | — | 2023-08-14 |
| 2023-06 | R$ 1.12 | — | — | — | 2023-07-14 |
| 2023-05 | R$ 1.2 | — | — | — | 2023-06-15 |
| 2023-04 | R$ 1.28 | — | — | — | 2023-05-15 |
| 2023-03 | R$ 1.27 | — | — | — | 2023-04-17 |
| 2023-02 | R$ 1.24 | — | — | — | 2023-03-14 |
| 2023-01 | R$ 1.22 | — | — | — | 2023-02-14 |
In 2022 GCRA11 paid R$ 15.54 per unit across 12 periods, averaging R$ 1.29 per month.
| Period | Income/unit | Monthly DY | Base price | Ex-date | Payment |
|---|---|---|---|---|---|
| 2022-12 | R$ 1.22 | — | — | — | 2023-01-13 |
| 2022-11 | R$ 1.2 | — | — | — | 2022-12-14 |
| 2022-10 | R$ 1.2 | — | — | — | 2022-11-16 |
| 2022-09 | R$ 1.2 | — | — | — | 2022-10-17 |
| 2022-08 | R$ 1.2 | — | — | — | 2022-09-15 |
| 2022-07 | R$ 1.25 | — | — | — | 2022-08-12 |
| 2022-06 | R$ 1.5 | — | — | — | 2022-07-14 |
| 2022-05 | R$ 1.58 | — | — | — | 2022-06-14 |
| 2022-04 | R$ 1.57 | — | — | — | 2022-05-13 |
| 2022-03 | R$ 1.45 | — | — | — | 2022-04-14 |
| 2022-02 | R$ 1.12 | — | — | — | 2022-03-15 |
| 2022-01 | R$ 1.05 | — | — | — | 2022-02-14 |
In 2021 GCRA11 paid R$ 5.14 per unit across 4 periods, averaging R$ 1.28 per month.
| Period | Income/unit | Monthly DY | Base price | Ex-date | Payment |
|---|---|---|---|---|---|
| 2021-12 | R$ 1.42 | — | — | — | 2022-01-14 |
| 2021-11 | R$ 1.42 | — | — | — | 2021-12-14 |
| 2021-10 | R$ 1.2 | — | — | — | 2021-11-16 |
| 2021-09 | R$ 1.1 | — | — | — | 2021-10-15 |
| Half-year | Payout | Read |
|---|---|---|
| 2º Sem 2025 | 94.2% | fez_caixa |
| 1º Sem 2026 | 98.2% | fez_caixa |
The latest income announced by GCRA11 was R$ 0.68 per unit, paid on 2026-08-14.
Yes, GCRA11 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.
GCRA11's dividend yield is approximately 15.5% based on the income paid over the last 12 months.
With a DY near 15.5% per year, GCRA11 is in the high yield REIT range (above ~10% p.a.) — a level that usually comes with more credit or market risk.