Income history paid by Max Retail FII (MAXR11): record date, amount per unit, payment and dividend yield month by month.
Latest income: R$ 0.285 · paid on 2026-08-14 · 12m DY 5.93% · ≈ R$ 4.05/year
DPU stabilized at the operational floor. Dividend analysis loses relevance — the Merger Date is what matters.
The current DPU of R$ 0.30/unit represents the likely floor until the Merger Date. Operating revenue falls with vacancy (only 36% of the area generates rent) and Americanas' delinquency weighs on cash flow. The merger removes any relevance from dividend sustainability analysis — investors who hold through the Merger Date will receive CPUR11 units and begin earning CPUR11's dividend yield thereafter.
For next 6 months (until the Merger Date), the manager projects a distribution of R$ 0.25 to R$ 0.35 per unit per month.
Current DY (12m): 7.23% · Projected DY: 5.36% · reference price R$ 49.39
DPU in structural decline — R$ 0.75 (2024) → R$ 0.25 (current)
12-month average payout of 1.05% · accumulated cash covers about 73.7 months of distributions · burn of R$ 0.044 per unit per month.
In 2026 MAXR11 paid R$ 1.82 per unit across 6 periods, averaging R$ 0.3 per month.
| Period | Income/unit | Monthly DY | Base price | Ex-date | Payment |
|---|---|---|---|---|---|
| 2026-07 | R$ 0.285 | 0.543% | R$ 52.48 | 2026-08-07 | 2026-08-14 |
| 2026-05 | R$ 0.27 | 0.496% | R$ 54.39 | 2026-07-07 | 2026-07-14 |
| 2026-04 | R$ 0.26 | 0.441% | R$ 59.0 | 2026-05-08 | 2026-05-15 |
| 2026-03 | R$ 0.4 | 0.623% | R$ 64.17 | — | — |
| 2026-02 | R$ 0.3 | 0.473% | R$ 63.49 | — | — |
| 2026-01 | R$ 0.31 | 0.484% | R$ 64.0 | — | — |
In 2025 MAXR11 paid R$ 4.12 per unit across 12 periods, averaging R$ 0.34 per month.
| Period | Income/unit | Monthly DY | Base price | Ex-date | Payment |
|---|---|---|---|---|---|
| 2025-12 | R$ 0.5463 | 0.86% | R$ 63.49 | — | — |
| 2025-11 | R$ 0.24 | 0.377% | R$ 63.58 | — | — |
| 2025-10 | R$ 0.22 | 0.34% | R$ 64.78 | — | — |
| 2025-09 | R$ 0.1914 | 0.296% | R$ 64.69 | — | — |
| 2025-08 | R$ 0.3172 | 0.502% | R$ 63.21 | — | — |
| 2025-07 | R$ 0.45 | 0.71% | R$ 63.34 | — | — |
| 2025-06 | R$ 0.5155 | 0.795% | R$ 64.84 | — | — |
| 2025-05 | R$ 0.35 | 0.525% | R$ 66.64 | — | — |
| 2025-04 | R$ 0.32 | 0.486% | R$ 65.84 | — | — |
| 2025-03 | R$ 0.34 | 0.515% | R$ 66.0 | — | — |
| 2025-02 | R$ 0.32 | 0.557% | R$ 57.47 | — | — |
| 2025-01 | R$ 0.31 | 0.526% | R$ 58.91 | — | — |
In 2024 MAXR11 paid R$ 7.45 per unit across 10 periods, averaging R$ 0.74 per month.
| Period | Income/unit | Monthly DY | Base price | Ex-date | Payment |
|---|---|---|---|---|---|
| 2024-12 | R$ 0.3258 | 0.556% | R$ 58.6 | 2025-02-07 | 2025-02-14 |
| 2024-10 | R$ 0 | — | — | — | — |
| 2024-09 | R$ 2.4 | 3.531% | R$ 67.96 | 2024-11-07 | 2024-11-14 |
| 2024-08 | R$ 0.55 | 0.696% | R$ 79.0 | — | — |
| 2024-07 | R$ 0.4597 | 0.584% | R$ 78.66 | 2024-09-06 | 2024-09-13 |
| 2024-05 | R$ 0.7 | 0.04% | R$ 1741.02 | — | — |
| 2024-04 | R$ 0.75 | 0.043% | R$ 1741.02 | — | — |
| 2024-03 | R$ 0.75 | 0.043% | R$ 1741.02 | — | — |
| 2024-02 | R$ 0.75 | 0.043% | R$ 1741.02 | 2024-04-05 | 2024-04-12 |
| 2024-01 | R$ 0.7614 | 0.044% | R$ 1741.02 | 2024-03-07 | 2024-03-14 |
In 2023 MAXR11 paid R$ 7.21 per unit across 10 periods, averaging R$ 0.72 per month.
| Period | Income/unit | Monthly DY | Base price | Ex-date | Payment |
|---|---|---|---|---|---|
| 2023-11 | R$ 0.78 | 0.045% | R$ 1741.02 | 2024-01-08 | 2024-01-15 |
| 2023-10 | R$ 0.77 | 0.044% | R$ 1741.02 | 2023-12-07 | 2023-12-14 |
| 2023-09 | R$ 0.75 | 0.043% | R$ 1741.02 | 2023-11-08 | 2023-11-16 |
| 2023-08 | R$ 0.73 | 0.042% | R$ 1741.02 | 2023-10-06 | 2023-10-16 |
| 2023-07 | R$ 0.73 | 0.042% | R$ 1741.02 | 2023-09-08 | 2023-09-15 |
| 2023-06 | R$ 0.7098 | 0.041% | R$ 1741.02 | 2023-08-07 | 2023-08-14 |
| 2023-05 | R$ 0.72 | 0.041% | R$ 1741.02 | 2023-07-07 | 2023-07-14 |
| 2023-04 | R$ 0.74 | 0.043% | R$ 1741.02 | 2023-06-07 | 2023-06-15 |
| 2023-02 | R$ 0.7392 | 0.042% | R$ 1741.02 | 2023-04-10 | 2023-04-17 |
| 2023-01 | R$ 0.5431 | 0.031% | R$ 1741.02 | 2023-03-07 | 2023-03-14 |
In 2022 MAXR11 paid R$ 6.48 per unit across 11 periods, averaging R$ 0.59 per month.
| Period | Income/unit | Monthly DY | Base price | Ex-date | Payment |
|---|---|---|---|---|---|
| 2022-12 | R$ 0.3161 | 0.018% | R$ 1741.02 | 2023-02-07 | 2023-02-14 |
| 2022-11 | R$ 0.67 | 0.038% | R$ 1741.02 | 2023-01-06 | 2023-01-13 |
| 2022-10 | R$ 0.65 | 0.037% | R$ 1741.02 | 2022-12-07 | 2022-12-14 |
| 2022-09 | R$ 0.65 | 0.037% | R$ 1741.02 | 2022-11-08 | 2022-11-16 |
| 2022-08 | R$ 0.65 | 0.037% | R$ 1741.02 | 2022-10-07 | 2022-10-17 |
| 2022-07 | R$ 0.7 | 0.04% | R$ 1741.02 | 2022-09-08 | 2022-09-15 |
| 2022-06 | R$ 0.663 | 0.038% | R$ 1741.02 | 2022-08-05 | 2022-08-12 |
| 2022-05 | R$ 0.6187 | 0.036% | R$ 1741.02 | 2022-07-07 | 2022-07-14 |
| 2022-04 | R$ 0.6506 | 0.037% | R$ 1741.02 | 2022-06-07 | 2022-06-14 |
| 2022-02 | R$ 0.6165 | 0.035% | R$ 1741.02 | 2022-04-07 | 2022-04-14 |
| 2022-01 | R$ 0.2961 | 0.017% | R$ 1741.02 | 2022-03-08 | 2022-03-15 |
In 2021 MAXR11 paid R$ 30.23 per unit across 11 periods, averaging R$ 2.75 per month.
| Period | Income/unit | Monthly DY | Base price | Ex-date | Payment |
|---|---|---|---|---|---|
| 2021-12 | R$ 0.6741 | 0.039% | R$ 1741.02 | 2022-02-07 | 2022-02-14 |
| 2021-11 | R$ 0.7038 | 0.04% | R$ 1741.02 | 2022-01-07 | 2022-01-14 |
| 2021-10 | R$ 0.6042 | 0.035% | R$ 1741.02 | 2021-12-07 | 2021-12-14 |
| 2021-09 | R$ 0.7169 | 0.041% | R$ 1741.02 | 2021-11-08 | 2021-11-16 |
| 2021-08 | R$ 0.7187 | 0.041% | R$ 1741.02 | 2021-10-07 | 2021-10-15 |
| 2021-07 | R$ 0.6528 | 0.037% | R$ 1741.02 | 2021-09-08 | 2021-09-15 |
| 2021-06 | R$ 1.4598 | 0.084% | R$ 1741.02 | 2021-08-06 | 2021-08-13 |
| 2021-05 | R$ 0.4005 | 0.023% | R$ 1741.02 | 2021-07-07 | 2021-07-15 |
| 2021-04 | R$ 0.4158 | 0.024% | R$ 1741.02 | 2021-06-08 | 2021-06-15 |
| 2021-02 | R$ 10.2802 | 0.59% | R$ 1741.02 | 2021-04-08 | 2021-04-15 |
| 2021-01 | R$ 13.6014 | 0.781% | R$ 1741.02 | 2021-03-05 | 2021-03-12 |
In 2020 MAXR11 paid R$ 133.39 per unit across 10 periods, averaging R$ 13.34 per month.
| Period | Income/unit | Monthly DY | Base price | Ex-date | Payment |
|---|---|---|---|---|---|
| 2020-12 | R$ 12.0842 | 0.694% | R$ 1741.02 | 2021-02-05 | 2021-02-12 |
| 2020-11 | R$ 11.3793 | 0.654% | R$ 1741.02 | 2021-01-08 | 2021-01-15 |
| 2020-10 | R$ 11.8512 | 0.681% | R$ 1741.02 | 2020-12-07 | 2020-12-14 |
| 2020-09 | R$ 11.6091 | 0.667% | R$ 1741.02 | 2020-11-09 | 2020-11-16 |
| 2020-08 | R$ 12.5 | 0.718% | R$ 1741.02 | 2020-10-07 | 2020-10-15 |
| 2020-07 | R$ 10.9996 | 0.632% | R$ 1741.02 | 2020-09-08 | 2020-09-15 |
| 2020-06 | R$ 26.211 | 1.505% | R$ 1741.02 | 2020-08-07 | 2020-08-14 |
| 2020-05 | R$ 11.2722 | 0.647% | R$ 1741.02 | 2020-07-07 | 2020-07-14 |
| 2020-02 | R$ 12.5375 | 0.72% | R$ 1741.02 | 2020-04-07 | 2020-04-15 |
| 2020-01 | R$ 12.9488 | 0.744% | R$ 1741.02 | 2020-03-06 | 2020-03-13 |
In 2019 MAXR11 paid R$ 173.27 per unit across 11 periods, averaging R$ 15.75 per month.
| Period | Income/unit | Monthly DY | Base price | Ex-date | Payment |
|---|---|---|---|---|---|
| 2019-12 | R$ 12.4787 | 0.717% | R$ 1741.02 | 2020-02-07 | 2020-02-14 |
| 2019-11 | R$ 12.883 | 0.74% | R$ 1741.02 | 2020-01-08 | 2020-01-15 |
| 2019-10 | R$ 12.4463 | 0.715% | R$ 1741.02 | 2019-12-06 | 2019-12-13 |
| 2019-09 | R$ 13.5 | 0.775% | R$ 1741.02 | 2019-11-07 | 2019-11-14 |
| 2019-08 | R$ 13.3578 | 0.767% | R$ 1741.02 | 2019-10-07 | 2019-10-14 |
| 2019-07 | R$ 12.0896 | 0.694% | R$ 1741.02 | 2019-09-06 | 2019-09-13 |
| 2019-06 | R$ 25.0273 | 1.438% | R$ 1741.02 | 2019-08-07 | 2019-08-14 |
| 2019-05 | R$ 25.1762 | 1.446% | R$ 1741.02 | 2019-07-05 | 2019-07-15 |
| 2019-04 | R$ 22.761 | 1.307% | R$ 1741.02 | 2019-06-07 | 2019-06-14 |
| 2019-02 | R$ 12.0382 | 0.691% | R$ 1741.02 | 2019-04-05 | 2019-04-12 |
| 2019-01 | R$ 11.5121 | 0.661% | R$ 1741.02 | 2019-03-11 | 2019-03-18 |
In 2018 MAXR11 paid R$ 160.87 per unit across 11 periods, averaging R$ 14.62 per month.
| Period | Income/unit | Monthly DY | Base price | Ex-date | Payment |
|---|---|---|---|---|---|
| 2018-12 | R$ 49.9584 | 2.869% | R$ 1741.02 | 2019-02-07 | 2019-02-14 |
| 2018-11 | R$ 10.1745 | 0.584% | R$ 1741.02 | 2019-01-08 | 2019-01-15 |
| 2018-10 | R$ 9.9759 | 0.573% | R$ 1741.02 | 2018-12-07 | 2018-12-14 |
| 2018-09 | R$ 6.483 | 0.372% | R$ 1741.02 | 2018-11-08 | 2018-11-16 |
| 2018-08 | R$ 8.6865 | 0.499% | R$ 1741.02 | 2018-10-05 | 2018-10-15 |
| 2018-07 | R$ 7.7611 | 0.446% | R$ 1741.02 | 2018-09-10 | 2018-09-17 |
| 2018-06 | R$ 37.4189 | 2.149% | R$ 1741.02 | 2018-08-07 | 2018-08-14 |
| 2018-05 | R$ 5.8886 | 0.338% | R$ 1741.02 | 2018-07-06 | 2018-07-16 |
| 2018-04 | R$ 8.7395 | 0.502% | R$ 1741.02 | 2018-06-07 | 2018-06-14 |
| 2018-02 | R$ 8.0658 | 0.463% | R$ 1741.02 | 2018-04-06 | 2018-04-13 |
| 2018-01 | R$ 7.7202 | 0.443% | R$ 1741.02 | 2018-03-07 | 2018-03-14 |
In 2017 MAXR11 paid R$ 151.84 per unit across 11 periods, averaging R$ 13.8 per month.
| Period | Income/unit | Monthly DY | Base price | Ex-date | Payment |
|---|---|---|---|---|---|
| 2017-12 | R$ 49.1961 | 2.826% | R$ 1741.02 | 2018-02-07 | 2018-02-16 |
| 2017-11 | R$ 9.9705 | 0.573% | R$ 1741.02 | 2018-01-08 | 2018-01-15 |
| 2017-10 | R$ 7.9303 | 0.455% | R$ 1741.02 | 2017-12-07 | 2017-12-14 |
| 2017-09 | R$ 7.5441 | 0.433% | R$ 1741.02 | 2017-11-08 | 2017-11-16 |
| 2017-08 | R$ 9.5466 | 0.548% | R$ 1741.02 | 2017-10-06 | 2017-10-16 |
| 2017-07 | R$ 7.785 | 0.447% | R$ 1741.02 | 2017-09-08 | 2017-09-15 |
| 2017-06 | R$ 34.473 | 1.98% | R$ 1741.02 | 2017-08-07 | 2017-08-14 |
| 2017-05 | R$ 6.2469 | 0.359% | R$ 1741.02 | 2017-07-07 | 2017-07-14 |
| 2017-04 | R$ 7.7138 | 0.443% | R$ 1741.02 | 2017-06-07 | 2017-06-14 |
| 2017-02 | R$ 5.766 | 0.308% | R$ 1870.0 | 2017-04-07 | 2017-04-17 |
| 2017-01 | R$ 5.6687 | 0.307% | R$ 1848.0 | 2017-03-07 | 2017-03-14 |
In 2016 MAXR11 paid R$ 59.76 per unit across 3 periods, averaging R$ 19.92 per month.
| Period | Income/unit | Monthly DY | Base price | Ex-date | Payment |
|---|---|---|---|---|---|
| 2016-12 | R$ 45.6807 | 2.538% | R$ 1800.0 | 2017-02-07 | 2017-02-14 |
| 2016-11 | R$ 7.3622 | 0.436% | R$ 1689.97 | 2017-01-06 | 2017-01-13 |
| 2016-10 | R$ 6.7128 | 0.442% | R$ 1520.0 | 2016-12-07 | 2016-12-14 |
| Half-year | Payout | Read |
|---|---|---|
| 2º Sem 2023 | — | estavel |
| 1º Sem 2024 | — | estavel |
| 2º Sem 2024 | — | queimou_caixa |
| 1º Sem 2025 | — | estavel |
| 2º Sem 2025 | — | estavel |
| 1º Sem 2026 | — | estavel |
The latest income announced by MAXR11 was R$ 0.285 per unit, paid on 2026-08-14.
Yes, MAXR11 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.
MAXR11's dividend yield is approximately 5.93% based on the income paid over the last 12 months.