Income history paid by Pátria Securities FII (PSEC11): record date, amount per unit, payment and dividend yield month by month.
Latest income: R$ 0.6 · paid on 2026-08-17 · 12m DY 12.73% · ≈ R$ 6.6/year
The DPU cut from R$ 0.65 to R$ 0.55 in March/2026 is an honest realignment with actual recurring income (~R$ 0.55-0.60), not a catastrophic surprise. Management preferred to cut now and build a sustainable base rather than maintain R$ 0.65 by stretching reserves and risking a more painful cut later.
The transition to CRIs (40-50% of NAV by Dec/2026) tends to boost the fund's carry by 5-10%, supporting stabilization at R$ 0.55-0.65 and potential upside to R$ 0.67-0.70 in 2027. However, the path faces 2 material risks: (1) realizing losses from accelerated REIT sales in a discounted market; (2) delays in CRI origination that leave cash parked in fixed income for months.
Investors entering today at R$ 58.80 (P/BV of 0.79) receive a current dividend yield of 11.2% on the current DPU, with an upside of 12.6-15% in dividend yield over a 12-24 month horizon if management delivers on the thesis.
The distributable result of R$ 0.69/unit in April/2026 was R$ 0.14 above the distributed DPU (R$ 0.55) — the difference was retained as a reserve, which jumped from nearly zero to R$ 0.18/unit in a single month. The carry from the 38 CRIs in the holdings contributed R$ 0.23/unit in interest and inflation adjustment alone — a clear sign that the migration is increasing recurring revenue as planned.
With 21.6% of net assets in CRIs (target 40-50% by Dec/26), the potential to increase carry is substantial. Management has already signaled an "expectation of raising the distribution level in the 2nd half of the year". The main remaining risk is negative MTM on the sale of REITs in a discounted market.
accelerated improvement: April 2026 distributable earnings of R$ 0.69 exceed DPU; CRIs contributed R$ 0.23/unit; reserves are being rebuilt
12-month average payout of 0.8% · accumulated cash covers about 999 months of distributions · burn of R$ -0.14 per unit per month.
In 2026 PSEC11 paid R$ 4.2 per unit across 7 periods, averaging R$ 0.6 per month.
| Period | Income/unit | Monthly DY | Base price | Ex-date | Payment |
|---|---|---|---|---|---|
| 2026-07 | R$ 0.6 | 1.146% | R$ 52.37 | 2026-08-10 | 2026-08-17 |
| 2026-06 | R$ 0.55 | 0.975% | R$ 56.39 | 2026-07-08 | 2026-07-15 |
| 2026-05 | R$ 0.55 | 0.941% | R$ 58.42 | 2026-06-09 | 2026-06-16 |
| 2026-04 | R$ 0.55 | 0.95% | R$ 57.9 | 2026-05-11 | 2026-05-18 |
| 2026-03 | R$ 0.65 | 1.049% | R$ 61.98 | — | 2026-04-16 |
| 2026-02 | R$ 0.65 | 1.085% | R$ 59.9 | — | 2026-03-16 |
| 2026-01 | R$ 0.65 | 1.085% | R$ 59.9 | — | 2026-02-18 |
In 2025 PSEC11 paid R$ 8.25 per unit across 12 periods, averaging R$ 0.69 per month.
| Period | Income/unit | Monthly DY | Base price | Ex-date | Payment |
|---|---|---|---|---|---|
| 2025-12 | R$ 0.65 | 1.085% | R$ 59.9 | — | 2026-01-16 |
| 2025-11 | R$ 0.65 | 1.085% | R$ 59.9 | — | 2025-12-15 |
| 2025-10 | R$ 0.65 | 1.085% | R$ 59.9 | — | 2025-12-15 |
| 2025-09 | R$ 0.7 | 1.141% | R$ 61.36 | — | 2025-10-15 |
| 2025-08 | R$ 0.7 | 1.102% | R$ 63.5 | — | 2025-09-15 |
| 2025-07 | R$ 0.7 | 1.153% | R$ 60.73 | — | 2025-08-15 |
| 2025-06 | R$ 0.7 | 1.09% | R$ 64.22 | — | 2025-07-15 |
| 2025-05 | R$ 0.7 | 1.092% | R$ 64.11 | — | 2025-06-16 |
| 2025-04 | R$ 0.7 | 1.063% | R$ 65.85 | — | 2025-05-16 |
| 2025-03 | R$ 0.7 | 1.11% | R$ 63.09 | — | 2025-04-15 |
| 2025-02 | R$ 0.7 | 1.11% | R$ 63.06 | — | 2025-03-19 |
| 2025-01 | R$ 0.7 | 1.209% | R$ 57.9 | — | 2025-02-17 |
In 2024 PSEC11 paid R$ 8.98 per unit across 12 periods, averaging R$ 0.75 per month.
| Period | Income/unit | Monthly DY | Base price | Ex-date | Payment |
|---|---|---|---|---|---|
| 2024-12 | R$ 0.75 | 1.227% | R$ 61.12 | — | 2025-01-16 |
| 2024-11 | R$ 0.75 | 1.284% | R$ 58.42 | — | 2024-12-16 |
| 2024-10 | R$ 0.75 | 1.153% | R$ 65.04 | — | 2024-11-18 |
| 2024-09 | R$ 0.75 | 1.091% | R$ 68.76 | — | 2024-10-15 |
| 2024-08 | R$ 0.75 | 1.027% | R$ 73.0 | — | 2024-09-16 |
| 2024-07 | R$ 0.75 | 1.009% | R$ 74.3 | — | 2024-08-15 |
| 2024-06 | R$ 0.75 | 1.018% | R$ 73.67 | — | 2024-07-15 |
| 2024-05 | R$ 0.75 | 1.023% | R$ 73.28 | — | 2024-06-17 |
| 2024-04 | R$ 0.75 | 0.962% | R$ 78.0 | — | 2024-05-16 |
| 2024-03 | R$ 0.75 | 0.959% | R$ 78.2 | — | 2024-04-15 |
| 2024-02 | R$ 0.7293 | 0.834% | R$ 87.4 | — | 2024-03-27 |
| 2024-01 | R$ 0.75 | 0.886% | R$ 84.67 | — | 2024-02-19 |
In 2023 PSEC11 paid R$ 8.9 per unit across 12 periods, averaging R$ 0.74 per month.
| Period | Income/unit | Monthly DY | Base price | Ex-date | Payment |
|---|---|---|---|---|---|
| 2023-12 | R$ 0.75 | 0.882% | R$ 85.01 | — | 2024-01-16 |
| 2023-11 | R$ 0.65 | 0.798% | R$ 81.5 | — | 2023-12-15 |
| 2023-10 | R$ 0.75 | 0.92% | R$ 81.51 | — | 2023-11-17 |
| 2023-09 | R$ 0.75 | 0.92% | R$ 81.5 | — | 2023-10-17 |
| 2023-08 | R$ 0.75 | 0.898% | R$ 83.5 | — | 2023-09-18 |
| 2023-07 | R$ 0.75 | 0.879% | R$ 85.32 | — | 2023-08-15 |
| 2023-06 | R$ 0.75 | 0.904% | R$ 82.98 | — | 2023-07-17 |
| 2023-05 | R$ 0.75 | 0.906% | R$ 82.75 | — | 2023-06-16 |
| 2023-04 | R$ 0.75 | 0.967% | R$ 77.56 | — | 2023-05-16 |
| 2023-03 | R$ 0.75 | 1.038% | R$ 72.23 | — | 2023-04-18 |
| 2023-02 | R$ 0.75 | 1.08% | R$ 69.47 | — | 2023-03-15 |
| 2023-01 | R$ 0.75 | 1.07% | R$ 70.09 | — | 2023-02-15 |
In 2022 PSEC11 paid R$ 9.0 per unit across 12 periods, averaging R$ 0.75 per month.
| Period | Income/unit | Monthly DY | Base price | Ex-date | Payment |
|---|---|---|---|---|---|
| 2022-12 | R$ 0.75 | 1.042% | R$ 72.0 | — | 2023-01-16 |
| 2022-11 | R$ 0.75 | 1.042% | R$ 71.95 | — | 2022-12-15 |
| 2022-10 | R$ 0.75 | 1.02% | R$ 73.5 | — | 2022-11-17 |
| 2022-09 | R$ 0.75 | 0.946% | R$ 79.25 | — | 2022-10-18 |
| 2022-08 | R$ 0.75 | 0.934% | R$ 80.28 | — | 2022-09-16 |
| 2022-07 | R$ 0.75 | 0.97% | R$ 77.32 | — | 2022-08-15 |
| 2022-06 | R$ 0.75 | 0.993% | R$ 75.53 | — | 2022-07-15 |
| 2022-05 | R$ 0.75 | 1.009% | R$ 74.35 | — | 2022-06-15 |
| 2022-04 | R$ 0.75 | 0.99% | R$ 75.79 | — | 2022-05-16 |
| 2022-03 | R$ 0.75 | 0.939% | R$ 79.87 | — | 2022-04-18 |
| 2022-02 | R$ 0.75 | 0.978% | R$ 76.7 | — | 2022-03-16 |
| 2022-01 | R$ 0.75 | 0.957% | R$ 78.36 | — | 2022-02-15 |
In 2021 PSEC11 paid R$ 8.79 per unit across 12 periods, averaging R$ 0.73 per month.
| Period | Income/unit | Monthly DY | Base price | Ex-date | Payment |
|---|---|---|---|---|---|
| 2021-12 | R$ 0.75 | 0.906% | R$ 82.74 | — | 2022-01-17 |
| 2021-11 | R$ 0.75 | 0.891% | R$ 84.21 | — | 2021-12-15 |
| 2021-10 | R$ 0.75 | 0.962% | R$ 77.95 | — | 2021-11-17 |
| 2021-09 | R$ 0.75 | 0.861% | R$ 87.11 | — | 2021-10-18 |
| 2021-08 | R$ 0.75 | 0.81% | R$ 92.6 | — | 2021-09-16 |
| 2021-07 | R$ 0.75 | 0.88% | R$ 85.27 | — | 2021-08-16 |
| 2021-06 | R$ 0.72 | 0.777% | R$ 92.7 | — | 2021-07-16 |
| 2021-05 | R$ 0.72 | 0.765% | R$ 94.07 | — | 2021-06-16 |
| 2021-04 | R$ 0.72 | 0.758% | R$ 94.94 | — | 2021-05-17 |
| 2021-03 | R$ 0.72 | 0.77% | R$ 93.5 | — | 2021-04-16 |
| 2021-02 | R$ 0.72 | 0.766% | R$ 94.01 | — | 2021-03-16 |
| 2021-01 | R$ 0.69 | 0.715% | R$ 96.5 | — | 2021-02-17 |
In 2020 PSEC11 paid R$ 5.02 per unit across 10 periods, averaging R$ 0.5 per month.
| Period | Income/unit | Monthly DY | Base price | Ex-date | Payment |
|---|---|---|---|---|---|
| 2020-12 | R$ 0.69 | 0.735% | R$ 93.83 | — | 2021-01-18 |
| 2020-11 | R$ 0.62 | 0.672% | R$ 92.21 | — | 2020-12-15 |
| 2020-10 | R$ 0.62 | 0.675% | R$ 91.81 | — | 2020-11-17 |
| 2020-09 | R$ 0.6 | 0.649% | R$ 92.5 | — | 2020-10-16 |
| 2020-08 | R$ 0.58 | 0.644% | R$ 90.0 | — | 2020-09-16 |
| 2020-07 | R$ 0.53 | 0.617% | R$ 85.86 | — | 2020-08-17 |
| 2020-06 | R$ 0.46 | 0.552% | R$ 83.27 | — | 2020-07-15 |
| 2020-05 | R$ 0.34 | 0.384% | R$ 88.48 | — | 2020-06-16 |
| 2020-04 | R$ 0.33 | 0.418% | R$ 78.99 | — | 2020-05-18 |
| 2020-03 | R$ 0.25 | 0.298% | R$ 84.0 | — | 2020-04-20 |
| Half-year | Payout | Read |
|---|---|---|
| 1º Sem 2026 | 97.2% | fez_caixa |
The latest income announced by PSEC11 was R$ 0.6 per unit, paid on 2026-08-17.
Yes, PSEC11 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.
PSEC11's dividend yield is approximately 12.73% based on the income paid over the last 12 months.
With a DY near 12.73% per year, PSEC11 is in the high yield REIT range (above ~10% p.a.) — a level that usually comes with more credit or market risk.