GGRC11 Dividends — income history

Income history paid by Zagros Renda Imobiliária FII (GGRC11): record date, amount per unit, payment and dividend yield month by month.

Latest income: R$ 0,1 · paid on 2026-06-09 · 12m DY 12,02% · ≈ R$ 1,2/year

When does GGRC11 pay the next dividend?

  • 2026-06 — Closing of Garuva A + CD3 Camaçari: Closing expected by the end of May/2026 (Material Fact 2026-05-11). Proceeds from the 11th offering fund the operation.
  • 2026-12 — Renault Quatro Barras contract maturity: Renault has a contract maturing in Dec/2026 (10.84% of revenue). The probability of renewal is high (an operation dedicated to the São José dos Pinhais plant), but there is no explicit communication yet.
  • 2027-08 — Ambev Guarulhos + Itajaí maturities: 2 of the 4 Ambev contracts mature between Jul-Aug/2027 (DCs Guarulhos and Itajaí). Renewals expected given Ambev's AAA profile and the recent renewal of Santa Luzia.
  • 2026-09 — Completion of the 11th offering (expected raise R$ 800 M - R$ 1.5 Bn): Completion of the offering with a total raise between R$ 800 M and R$ 1.5 Bn. Proceeds allocated to Braspark Garuva A+B+C, CD3 Camaçari and new pipeline assets.

Income analysis

DPS stable at R$ 0.10/month for 12 months, with the potential for a marginal increase (R$ 0.105-0.11) if the 11th offering raises above R$ 800 M and the acquisitions flow as projected.

Are the dividends sustainable?

Sustainability under tactical watch: a monthly result of R$ 18-21 M covers the distribution (R$ 21.4 M = R$ 0.10/unit) with a narrow margin. April/2026 consumed R$ 2.63 M of reserve (a drop in lease revenue to R$ 19.43 M vs R$ 19.58 M in Mar). No sign of pressure on the DPS within 12 months — the manager maintains guidance and the new acquisitions add revenue in H2/26 (cap rate 9.5-10.2%). A possible extraordinary from recycling (Covolan) is an additional catalyst.

Distribution guidance

For 2026, the manager projects a distribution of R$ 0,1 to R$ 0,1 per unit per month.

Dividend yield projection

Current DY (12m): 11,84% · Projected DY: 12,2% · reference price R$ 9,95

Will GGRC11 keep the dividend?

Apr/26 returned to burning cash (result R$ 18.8 M vs distribution R$ 21.4 M = consumption of R$ 2.63 M). A pattern typical of months without extraordinary real-estate profit. Jan/2026 retained R$ 13 M via a one-off real-estate profit; Mar/2026 kept balance. Revenue from the new acquisitions (Braspark + Garuva A + CD3) starts coming in H2/26 and should reinforce cash.

Payout médio de 12 meses em 1,05%.

GGRC11 dividends in 2026

In 2026 GGRC11 paid R$ 0,5 per share across 5 periods, averaging R$ 0,1 per month.

PeriodIncome/unitMonthly DYBase priceEx-datePayment
2026-05R$ 0,10,985%R$ 10,152026-06-012026-06-09
2026-04R$ 0,10,98%R$ 10,22026-05-042026-05-11
2026-03R$ 0,10,973%R$ 10,282026-04-012026-04-09
2026-02R$ 0,10,957%R$ 10,452026-03-022026-03-09
2026-01R$ 0,11,001%R$ 9,992026-02-06

GGRC11 dividends in 2025

In 2025 GGRC11 paid R$ 0,9 per share across 9 periods, averaging R$ 0,1 per month.

PeriodIncome/unitMonthly DYBase priceEx-datePayment
2025-12R$ 0,11,015%R$ 9,852026-01-08
2025-11R$ 0,11,013%R$ 9,872025-12-08
2025-10R$ 0,11,009%R$ 9,912025-11-07
2025-09R$ 0,11,001%R$ 9,992025-10-07
2025-08R$ 0,11,028%R$ 9,732025-09-08
2025-07R$ 0,11,041%R$ 9,612025-08-07
2025-06R$ 0,11,0%R$ 10,02025-07-08
2025-05R$ 0,10,996%R$ 10,042025-06-06
2025-04R$ 0,11,014%R$ 9,862025-05-06

Payout by half-year

Half-yearPayoutRead
1st Half 2025fez_caixa
2nd Half 2025fez_caixa
1st Half 202687,2%fez_caixa

Frequently asked questions

What was GGRC11's latest dividend?

The latest income announced by GGRC11 was R$ 0,1 per unit, paid on 2026-06-09.

Does GGRC11 pay monthly dividends?

Yes, GGRC11 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 GGRC11's dividend yield (DY)?

GGRC11's dividend yield is approximately 12,02% based on the income paid over the last 12 months.

Is GGRC11 high yield?

With a DY near 12,02% per year, GGRC11 is in the high yield REIT range (above ~10% p.a.) — a level that usually comes with more credit or market risk.