HGLG11 distributes R$ 1.10 per unit every month, a figure that has held steady since March 2025 — more than 15 consecutive distributions at the same level. On a price of R$ 151.83 (2026-06-09), this represents a dividend yield of 8.55% per year. Because the fund invests in physical properties (logistics warehouses), the income is income-tax-exempt for individuals, which equals a gross return of approximately 12–13% per year against taxable investments.
The next payment is confirmed for June 15, 2026, with an ex-date of 2026-05-29 — that is, whoever held units through the close of trading on May 29 is entitled to the R$ 1.10/unit distribution. Payment dates usually fall between the 12th and 15th of each month.
Yes, HGLG11 distributes dividends monthly, without exception. In practice, the income reaches the unitholder's account every month, which makes the fund suitable for those who rely on regular passive income. The only break in the history occurs in December of some years, when the fund distributes an additional extraordinary dividend — as happened in December 2025, when R$ 2.20/unit was paid (R$ 1.10 recurring + R$ 1.10 extra).
Over almost 15 years of existence, HGLG11 has never fully cut its distribution. Even during the 2020 pandemic and the high-Selic cycles, the fund kept uninterrupted monthly payments, adjusting the amount according to the portfolio's operating conditions.
HGLG11's dividend trajectory reflects the fund's own evolution. In the early years (2017–2018), when the fund was smaller and still operated with a pre-split structure, distributions reached R$ 8.70/unit — nominally high figures, but corresponding to much smaller unitholder bases and outstanding units. The unit split reorganized these figures into the R$ 0.75 to R$ 0.87/unit range (2018–2020).
The jump to the current level of R$ 1.10/unit happened in July 2021, consolidated with the portfolio expansion and the maturation of the atypical contracts with Mercado Livre and Volkswagen. Since then, the recurring distribution has remained anchored at R$ 1.10, with some extras in special months (June/2022, December/2022, December/2025). The coefficient of variation of the recurring dividend over the last 24 months is below 2% — one of the most stable series among listed brick FIIs.
In December 2025, in addition to the R$ 1.10 recurring, the fund distributed another R$ 1.10 as an extraordinary — reflecting the closing of the 10th offering and the realization of capital gains on strategic FII positions (GARE11 and FIIB11 being reduced). The total distributed that month was R$ 2.20/unit.
HGLG11 is not a high yield fund in the classic sense — those that pay a DY of 11% or more at the cost of greater default risk or high vacancy. Its DY of 8.55% per year is in line with logistics blue chips such as BTLG11 and BRCO11, reflecting portfolio quality, active management and contracts predominantly indexed to IPCA.
On sustainability, there is a relevant point the investor needs to know: in Q1/2026, the fund's recurring financial result was R$ 0.98/unit/month, while the distribution stayed at R$ 1.10. The difference — R$ 21.4 million in the quarter — was covered by accumulated reserves, which totaled R$ 88.5 million at the end of April 2026. This reserve covers approximately 37 months of burn at the current pace, so the dividend is protected over the visible horizon.
The root of the difference is temporary financial vacancy: Guarulhos (12.5% of the portfolio's largest property, with 106k sqm), Osasco and São José dos Campos are still absorbing the post-merger period of the 10th and 11th offering assets. As these spaces are occupied, the recurring result should converge to the distributed amount — or even exceed it, creating room for the announced increase.
Pátria Investimentos disclosed explicit guidance to raise the distribution to R$ 1.17/unit from the second half of 2026 — a 6.4% increase over the current level. For H1/2026, the commitment is to keep R$ 1.10/unit. The guidance is conditional on concluding the vacancy negotiations in Guarulhos and SJC, normalizing the contractual receipts of the recently integrated PATL assets (acquired in May/2026 for R$ 354.9 million) and the effective start of revenue from the ramping-up warehouses.
In the projected scenarios: base case — R$ 1.10 through June/2026, a progressive increase to R$ 1.17 from July/2026 (projected DY of ~9.2% on the current price if the increase is confirmed). Pessimistic case — leasing delays keep the dividend at R$ 1.06 to 1.10 for two more quarters, with no risk of a significant cut given the reserve cushion. Historically, the fund distributes extraordinary dividends at year-end when there is leftover result — a pattern seen in December 2020, 2021, 2022 and 2025, though without guarantee.
For the income-tax return, HGLG11's paying source is Banco Genial S.A., CNPJ 45.246.410/0001-55. The income statements are available in the brokerage's investor area and on the administrator's website, generally by March of each year.
| Reference | Income/unit | DY in month | Base price | Ex-date | Payment |
|---|---|---|---|---|---|
| 2026-05 | R$ 1.1 | 0,706% | R$ 155.71 | 2026-05-29 | 2026-06-15 |
| 2026-04 | R$ 1.1 | 0,703% | R$ 156.4 | 2026-04-30 | 2026-05-15 |
| 2026-03 | R$ 1.1 | 0,699% | R$ 157.26 | — | 2026-04-15 |
| 2026-02 | R$ 1.1 | 0,701% | R$ 156.83 | — | 2026-03-13 |
| 2026-01 | R$ 1.1 | 0,701% | R$ 156.88 | — | 2026-02-13 |
| 2025-12 | R$ 1.1 | 0,702% | R$ 156.65 | — | 2026-01-13 |
| 2025-11 | R$ 1.1 | 0,697% | R$ 157.88 | — | 2025-12-12 |
| 2025-10 | R$ 1.1 | 0,689% | R$ 159.65 | — | 2025-11-14 |
| 2025-09 | R$ 1.1 | 0,688% | R$ 159.98 | — | 2025-10-14 |
| 2025-08 | R$ 1.1 | 0,697% | R$ 157.8 | — | 2025-09-12 |
| 2025-07 | R$ 1.1 | 0,724% | R$ 151.93 | — | 2025-08-14 |
| 2025-06 | R$ 1.1 | 0,706% | R$ 155.89 | — | 2025-07-14 |
| 2025-05 | R$ 1.1 | 0,698% | R$ 157.49 | — | 2025-06-13 |
| 2025-04 | R$ 1.1 | 0,688% | R$ 159.97 | — | 2025-05-15 |
| 2025-03 | R$ 1.1 | 0,717% | R$ 153.32 | — | 2025-04-14 |
| 2025-02 | R$ 1.1 | 0,724% | R$ 151.85 | — | 2025-03-18 |
| 2025-01 | R$ 1.1 | 0,738% | R$ 149.09 | — | 2025-02-14 |
| 2024-12 | R$ 1.1 | 0,728% | R$ 151.15 | — | 2025-01-15 |
| 2024-11 | R$ 1.1 | 0,727% | R$ 151.36 | — | 2024-12-13 |
| 2024-10 | R$ 1.1 | 0,713% | R$ 154.29 | — | 2024-11-14 |
| 2024-09 | R$ 1.1 | 0,699% | R$ 157.32 | — | 2024-10-14 |
| 2024-08 | R$ 1.1 | 0,686% | R$ 160.26 | — | 2024-09-13 |
| 2024-07 | R$ 1.1 | 0,683% | R$ 160.97 | — | 2024-08-14 |
| 2024-06 | R$ 1.1 | 0,678% | R$ 162.15 | — | 2024-07-12 |
| 2024-05 | R$ 1.1 | 0,69% | R$ 159.49 | — | 2024-06-14 |
| 2024-04 | R$ 1.1 | 0,68% | R$ 161.78 | — | 2024-05-15 |
| 2024-03 | R$ 1.1 | 0,657% | R$ 167.5 | — | 2024-04-12 |
| 2024-02 | R$ 1.1 | 0,658% | R$ 167.2 | — | 2024-03-14 |
| 2024-01 | R$ 1.1 | 0,666% | R$ 165.16 | — | 2024-02-16 |
| 2023-12 | R$ 1.1 | 0,675% | R$ 162.87 | — | 2024-01-15 |
| 2023-11 | R$ 1.1 | 0,685% | R$ 160.7 | — | 2023-12-14 |
| 2023-10 | R$ 1.1 | 0,688% | R$ 159.96 | — | 2023-11-16 |
| 2023-09 | R$ 1.1 | 0,691% | R$ 159.3 | — | 2023-10-16 |
| 2023-08 | R$ 1.1 | 0,676% | R$ 162.75 | — | 2023-09-15 |
| 2023-07 | R$ 1.1 | 0,679% | R$ 162.0 | — | 2023-08-14 |
| 2023-06 | R$ 1.5 | 0,909% | R$ 165.0 | — | 2023-07-14 |
| 2023-05 | R$ 1.1 | 0,679% | R$ 162.0 | — | 2023-06-15 |
| 2023-04 | R$ 1.1 | 0,679% | R$ 161.92 | — | 2023-05-15 |
| 2023-03 | R$ 1.1 | 0,687% | R$ 160.09 | — | 2023-04-17 |
| 2023-02 | R$ 1.1 | 0,695% | R$ 158.17 | — | 2023-03-14 |
| 2023-01 | R$ 1.1 | 0,696% | R$ 157.98 | — | 2023-02-14 |
| 2022-12 | R$ 2.2 | 1,372% | R$ 160.34 | — | 2023-01-13 |
| 2022-11 | R$ 1.1 | 0,69% | R$ 159.47 | — | 2022-12-14 |
| 2022-10 | R$ 1.1 | 0,676% | R$ 162.81 | — | 2022-11-16 |
| 2022-09 | R$ 1.1 | 0,669% | R$ 164.36 | — | 2022-10-17 |
| 2022-08 | R$ 1.1 | 0,667% | R$ 164.84 | — | 2022-09-15 |
| 2022-07 | R$ 1.1 | 0,65% | R$ 169.25 | — | 2022-08-12 |
| 2022-06 | R$ 3.3 | 2,048% | R$ 161.12 | — | 2022-07-14 |
| 2022-05 | R$ 1.14 | 0,708% | R$ 161.06 | — | 2022-06-14 |
| 2022-04 | R$ 1.1 | 0,682% | R$ 161.31 | — | 2022-05-13 |
| 2022-03 | R$ 1.1 | 0,679% | R$ 161.93 | — | 2022-04-14 |
| 2022-02 | R$ 1.1 | 0,696% | R$ 158.11 | — | 2022-03-15 |
| 2022-01 | R$ 1.1 | 0,675% | R$ 163.02 | — | 2022-02-14 |
| 2021-12 | R$ 1.75 | 1,047% | R$ 167.12 | — | 2022-01-14 |
| 2021-11 | R$ 1.1 | 0,702% | R$ 156.77 | — | 2021-12-14 |
| 2021-10 | R$ 1.1 | 0,704% | R$ 156.3 | — | 2021-11-16 |
| 2021-09 | R$ 1.1 | 0,675% | R$ 163.02 | — | 2021-10-15 |
| 2021-08 | R$ 1.1 | 0,689% | R$ 159.76 | — | 2021-09-15 |
| 2021-07 | R$ 1.1 | 0,674% | R$ 163.25 | — | 2021-08-13 |
| 2021-06 | R$ 2.2 | 1,316% | R$ 167.14 | — | 2021-07-15 |
| 2021-05 | R$ 1.0 | 0,606% | R$ 164.99 | — | 2021-06-15 |
| 2021-04 | R$ 0.78 | 0,464% | R$ 168.15 | — | 2021-05-14 |
| 2021-03 | R$ 0.78 | 0,462% | R$ 168.91 | — | 2021-04-15 |
| 2021-02 | R$ 0.78 | 0,449% | R$ 173.82 | — | 2021-03-12 |
| 2021-01 | R$ 0.78 | 0,445% | R$ 175.09 | — | 2021-02-12 |
| 2020-12 | R$ 2.63 | 1,48% | R$ 177.7 | — | 2021-01-15 |
| 2020-11 | R$ 0.78 | 0,473% | R$ 164.79 | — | 2020-12-14 |
| 2020-10 | R$ 0.78 | 0,473% | R$ 164.98 | — | 2020-11-16 |
| 2020-09 | R$ 0.6 | 0,352% | R$ 170.38 | — | 2020-10-15 |
| 2020-08 | R$ 0.78 | 0,472% | R$ 165.41 | — | 2020-09-15 |
| 2020-07 | R$ 0.78 | 0,43% | R$ 181.23 | — | 2020-08-14 |
| 2020-06 | R$ 0.78 | 0,47% | R$ 166.06 | — | 2020-07-14 |
| 2020-05 | R$ 0.78 | 0,421% | R$ 185.22 | — | 2020-06-12 |
| 2020-04 | R$ 0.78 | 0,455% | R$ 171.33 | — | 2020-05-15 |
| 2020-03 | R$ 0.78 | 0,457% | R$ 170.68 | — | 2020-04-15 |
| 2020-02 | R$ 0.78 | 0,51% | R$ 152.97 | — | 2020-03-13 |
| 2020-01 | R$ 0.78 | 0,421% | R$ 185.18 | — | 2020-02-14 |
| 2019-12 | R$ 0.78 | 0,4% | R$ 195.21 | — | 2020-01-15 |
| 2019-11 | R$ 0.78 | 0,412% | R$ 189.54 | — | 2019-12-13 |
| 2019-10 | R$ 0.78 | 0,461% | R$ 169.1 | — | 2019-11-14 |
| 2019-09 | R$ 0.78 | 0,5% | R$ 155.95 | — | 2019-10-14 |
| 2019-08 | R$ 0.75 | 0,495% | R$ 151.53 | — | 2019-09-13 |
| 2019-07 | R$ 0.75 | 0,506% | R$ 148.13 | — | 2019-08-14 |
| 2019-06 | R$ 0.75 | 0,502% | R$ 149.27 | — | 2019-07-12 |
| 2019-05 | R$ 0.75 | 0,513% | R$ 146.32 | — | 2019-06-14 |
| 2019-04 | R$ 0.75 | 0,499% | R$ 150.16 | — | 2019-05-15 |
| 2019-03 | R$ 0.75 | 0,486% | R$ 154.19 | — | 2019-04-12 |
| 2019-02 | R$ 0.75 | 0,476% | R$ 157.71 | — | 2019-03-18 |
| 2019-01 | R$ 0.75 | 0,523% | R$ 143.38 | — | 2019-02-14 |
| 2018-12 | R$ 0.75 | 0,527% | R$ 142.36 | — | 2019-01-15 |
| 2018-11 | R$ 0.75 | 0,551% | R$ 136.01 | — | 2018-12-14 |
| 2018-10 | R$ 0.75 | 0,575% | R$ 130.54 | — | 2018-11-16 |
| 2018-09 | R$ 0.75 | 0,603% | R$ 124.32 | — | 2018-10-15 |
| 2018-08 | R$ 0.75 | 0,605% | R$ 124.01 | — | 2018-09-17 |
| 2018-07 | R$ 0.75 | 0,605% | R$ 124.03 | — | 2018-08-14 |
| 2018-06 | R$ 0.75 | 0,611% | R$ 122.75 | — | 2018-07-13 |
| 2018-05 | R$ 0.87 | 0,709% | R$ 122.75 | — | 2018-06-14 |
| 2018-04 | R$ 0.87 | 0,638% | R$ 136.46 | — | 2018-05-15 |
| 2018-03 | R$ 8.7 | 6,324% | R$ 137.58 | — | 2018-04-13 |
| 2018-02 | R$ 8.7 | 6,006% | R$ 144.85 | — | 2018-03-14 |
| 2018-01 | R$ 8.7 | 6,636% | R$ 131.1 | — | 2018-02-16 |
| 2017-12 | R$ 8.7 | 6,841% | R$ 127.17 | — | 2018-01-15 |
| 2017-11 | R$ 8.7 | 6,899% | R$ 126.1 | — | 2017-12-14 |
| 2017-10 | R$ 8.7 | 6,776% | R$ 128.4 | — | 2017-11-16 |
| 2017-09 | R$ 8.7 | 6,727% | R$ 129.33 | — | 2017-10-16 |
| 2017-08 | R$ 8.7 | 6,868% | R$ 126.68 | — | 2017-09-15 |
| 2017-07 | R$ 8.7 | 7,145% | R$ 121.77 | — | 2017-08-14 |
| 2017-06 | R$ 8.7 | 7,168% | R$ 121.38 | — | 2017-07-14 |
| 2017-05 | R$ 8.7 | 7,093% | R$ 122.65 | — | 2017-06-14 |
| 2017-04 | R$ 8.7 | 6,917% | R$ 125.78 | — | 2017-05-15 |
| 2017-03 | R$ 8.7 | 7,059% | R$ 123.24 | — | 2017-04-17 |
HGLG11 pays R$ 1.10 per unit per month, a dividend stable for more than 15 consecutive months. The next payment is scheduled for June 15, 2026.
Yes, HGLG11 distributes income every month, without interruption. In some Decembers, the fund distributes an additional extraordinary dividend, as it did in December 2025 (R$ 2.20/unit total).
The trailing-12-month DY is 8.55% per year on the market price (R$ 151.83 on 2026-06-09). For individuals, the income is income-tax-exempt, which equals a comparable gross return of 12–13% per year against taxable investments.
Yes, with caveats. In Q1/2026 the recurring result was R$ 0.98/unit, while R$ 1.10 was distributed, with the difference covered by reserves of R$ 88.5 million (about 37 months of coverage). The fund has a sufficient cushion to maintain the current distribution until vacancy stabilizes.
Pátria Investimentos disclosed guidance to raise the distribution to R$ 1.17/unit from H2/2026, conditional on vacancy normalization and the integration of the recently acquired PATL11 assets.
HGLG11's paying source is Banco Genial S.A., CNPJ 45.246.410/0001-55. The income statements are available on the brokerage portal and in the administrator's investor area.