HFOF11 Dividends — income history

When does HFOF11 pay the next dividend?

• 2026-08 — Expiration of the current buyback program: The buyback program authorized in Aug/25 expires on August 3, 2026. By Apr/26, 8.62M units had been cancelled (75% of the 11.5M limit), with R$ 55.6M invested against R$ 66.9M in book value (a 20.3% gain for remaining ho
• 2026-12 — Possible additional DPU increase: If the Selic rate starts to fall in 2H 2026, the FFO of the invested FIIs may rise, allowing the DPU to increase to R$ 0.065–0.070. Base case: DPU stable at R$ 0.060 through Dec/26.

HFOF11 dividend summary

• Consecutive Months: 99
• First Dividend: Mar/2018
• 12M Average FFO: R$ 0,058
• Accumulated Reserve: R$ 0,108
• Tendência: Moderate increase

Income analysis

After 8 stable months at R$ 0.056, DPU rose 7.1% to R$ 0.060 in Jan/26 and held steady in Feb and Mar/26. Supported by FFO + reserves.

Are the dividends sustainable?

The DPU of R$ 0.060 is sustainable: an FFO of R$ 0.058 covers nearly 97% of the dividend, and the reserve of R$ 0.108 represents nearly 2 months of DPU. The risk is if the Selic rate stays above 14% for another 12 months — which compresses the FFO of the invested FIIs and could force management back to R$ 0.055–0.058.

Distribution guidance

For 2026 (upcoming months), the manager projects a distribution of R$ 0.06 to R$ 0.06 per unit per month.

Dividend yield projection

Current DY (12m): 10.49% · Projected DY: 10.5% · reference price R$ 6.18

Will HFOF11 keep the dividend?

DPU rose from R$ 0.056 to R$ 0.060 in Jan/26, signaling that management believes the new level is sustainable.

HFOF11 dividends in 2026

In 2026 HFOF11 paid R$ 0.42 per unit across 7 periods, averaging R$ 0.06 per month.

HFOF11 dividends in 2025

In 2025 HFOF11 paid R$ 0.67 per unit across 12 periods, averaging R$ 0.06 per month.

HFOF11 dividends in 2024

In 2024 HFOF11 paid R$ 0.73 per unit across 12 periods, averaging R$ 0.06 per month.

HFOF11 dividends in 2023

In 2023 HFOF11 paid R$ 7.56 per unit across 12 periods, averaging R$ 0.63 per month.

HFOF11 dividends in 2022

In 2022 HFOF11 paid R$ 7.16 per unit across 12 periods, averaging R$ 0.6 per month.

HFOF11 dividends in 2021

In 2021 HFOF11 paid R$ 6.22 per unit across 12 periods, averaging R$ 0.52 per month.

HFOF11 dividends in 2020

In 2020 HFOF11 paid R$ 6.17 per unit across 12 periods, averaging R$ 0.51 per month.

HFOF11 dividends in 2019

In 2019 HFOF11 paid R$ 4.1 per unit across 10 periods, averaging R$ 0.41 per month.

HFOF11 dividends in 2018

In 2018 HFOF11 paid R$ 5.1 per unit across 9 periods, averaging R$ 0.57 per month.

Payout by half-year

Frequently asked questions

What was HFOF11's latest dividend?

The latest income announced by HFOF11 was R$ 0.06 per unit, paid on 2026-08-14.

Does HFOF11 pay monthly dividends?

Yes, HFOF11 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 HFOF11's dividend yield (DY)?

HFOF11's dividend yield is approximately 10.85% based on the income paid over the last 12 months.

Is HFOF11 high yield?

With a DY near 10.85% per year, HFOF11 is in the high yield REIT range (above ~10% p.a.) — a level that usually comes with more credit or market risk.