RBVA11 Dividends — income history

Income history paid by Rio Bravo Renda Varejo - Brazilian REIT-style fund (FII) with limited liability (RBVA11): record date, amount per unit, payment and dividend yield month by month.

Latest income: R$ 0.09 · paid on 2026-08-14 · 12m DY 11.21% · ≈ R$ 1.08/year

When does RBVA11 pay the next dividend?

  • 2026-09 — Potential completion of the 3 acquisitions from the 6th offering: 3 priority assets totaling R$ 200M (cap rates of 8-12.5%). Completion would add ~R$ 0.01-0.02 per unit monthly to sustainable DPU.
  • 2026-08 — Santander departure - Mateo Bei branch (end of notice period): 180-day notice given in Feb/2026. The 2,059 sqm property in São Paulo will be vacant starting Aug/2026. Marginal revenue impact of -R$ 30-50k/month until repositioned.
  • 2026-12 — Outcome of GPA's out-of-court reorganization process: Natural window for concluding the out-of-court reorganization began in Feb/2026. Base case: rents maintained with minor targeted adjustments. Bad case: temporary rent reductions of 10-20% for a short window.

Income analysis

DPU of R$ 0.09/month is sustainable — the fund is building cash (payout of 88% in 1Q26) and has accumulated reserves. Slight upside possible with 6th offering acquisitions.

Are the dividends sustainable?

The dividend of R$ 0.09/month is structurally sustainable — in the Jan-Mar/2026 period, earnings per unit totaled R$ 0.306 vs. distributions of R$ 0.270, generating a reserve of R$ 0.036 per unit. The fund is building cash, and smoothing indicates the manager is holding back earnings above guidance to distribute in specific months or use for acquisitions. Net cash of R$ 41M (Item 9) covers several months of DPU without any generation.

Distribution guidance

For 1S2026, the manager projects a distribution of R$ 0.09 to R$ 0.09 per unit per month.

Dividend yield projection

Current DY (12m): 10.81% · Projected DY: 11.2% · reference price R$ 8.67

Will RBVA11 keep the dividend?

Cash earnings in Mar/2026 were R$ 0.100 per unit vs. distribution of R$ 0.090 per unit (payout of 90%). Distribution smoothing maintains R$ 0.09 while reserves accumulate over the semester.

12-month average payout of 0.88% · burn of R$ 0 per unit per month.

RBVA11 dividends in 2026

In 2026 RBVA11 paid R$ 0.63 per unit across 7 periods, averaging R$ 0.09 per month.

PeriodIncome/unitMonthly DYBase priceEx-datePayment
2026-07R$ 0.091.01%R$ 8.912026-07-312026-08-14
2026-06R$ 0.090.988%R$ 9.112026-06-302026-07-15
2026-05R$ 0.090.935%R$ 9.632026-05-292026-06-15
2026-04R$ 0.090.905%R$ 9.952026-04-302026-05-15
2026-03R$ 0.090.915%R$ 9.842026-04-15
2026-02R$ 0.090.912%R$ 9.872026-03-13
2026-01R$ 0.090.907%R$ 9.922026-02-13

RBVA11 dividends in 2025

In 2025 RBVA11 paid R$ 1.08 per unit across 12 periods, averaging R$ 0.09 per month.

PeriodIncome/unitMonthly DYBase priceEx-datePayment
2025-12R$ 0.090.905%R$ 9.952026-01-15
2025-11R$ 0.090.899%R$ 10.012025-12-15
2025-10R$ 0.090.923%R$ 9.752025-11-14
2025-09R$ 0.090.957%R$ 9.42025-10-15
2025-08R$ 0.090.958%R$ 9.392025-09-15
2025-07R$ 0.091.071%R$ 8.42025-08-15
2025-06R$ 0.091.064%R$ 8.462025-07-15
2025-05R$ 0.091.069%R$ 8.422025-06-13
2025-04R$ 0.091.039%R$ 8.662025-05-15
2025-03R$ 0.091.091%R$ 8.252025-04-15
2025-02R$ 0.091.149%R$ 7.842025-03-14
2025-01R$ 0.091.169%R$ 7.72025-02-14

RBVA11 dividends in 2024

In 2024 RBVA11 paid R$ 1.18 per unit across 12 periods, averaging R$ 0.1 per month.

PeriodIncome/unitMonthly DYBase priceEx-datePayment
2024-12R$ 0.091.102%R$ 8.172025-01-15
2024-11R$ 0.091.098%R$ 8.22024-12-13
2024-10R$ 0.11.051%R$ 9.522024-11-14
2024-09R$ 0.10.98%R$ 10.22024-10-15
2024-08R$ 0.10.954%R$ 10.482024-09-13
2024-07R$ 0.10.948%R$ 10.542024-08-15
2024-06R$ 0.10.931%R$ 10.742024-07-15
2024-05R$ 0.10.916%R$ 10.922024-06-14
2024-04R$ 0.10.923%R$ 10.832024-05-08
2024-03R$ 0.10.893%R$ 11.22024-04-15
2024-02R$ 0.10.901%R$ 11.12024-03-15
2024-01R$ 0.10.889%R$ 11.252024-02-15

RBVA11 dividends in 2023

In 2023 RBVA11 paid R$ 1.18 per unit across 12 periods, averaging R$ 0.1 per month.

PeriodIncome/unitMonthly DYBase priceEx-datePayment
2023-12R$ 0.10.889%R$ 11.252024-01-15
2023-11R$ 0.10.885%R$ 11.32023-12-15
2023-10R$ 0.10.923%R$ 10.842023-11-14
2023-09R$ 0.10.895%R$ 11.182023-10-16
2023-08R$ 0.10.888%R$ 11.272023-09-15
2023-07R$ 0.10.911%R$ 10.982023-08-15
2023-06R$ 0.10.916%R$ 10.912023-07-14
2023-05R$ 0.0950.942%R$ 10.082023-06-15
2023-04R$ 0.0950.994%R$ 9.562023-05-15
2023-03R$ 0.0951.048%R$ 9.062023-04-14
2023-02R$ 0.0951.055%R$ 9.012023-03-15
2023-01R$ 0.0951.038%R$ 9.152023-02-15

RBVA11 dividends in 2022

In 2022 RBVA11 paid R$ 1.2 per unit across 12 periods, averaging R$ 0.1 per month.

PeriodIncome/unitMonthly DYBase priceEx-datePayment
2022-12R$ 0.1071.112%R$ 9.622023-01-13
2022-11R$ 0.1071.177%R$ 9.092022-12-15
2022-10R$ 0.1071.15%R$ 9.32022-11-14
2022-09R$ 0.1071.107%R$ 9.672022-10-14
2022-08R$ 0.1021.033%R$ 9.872022-09-15
2022-07R$ 0.11.043%R$ 9.592022-08-15
2022-06R$ 0.111.232%R$ 8.932022-07-15
2022-05R$ 0.0921.011%R$ 9.12022-06-15
2022-04R$ 0.0920.983%R$ 9.362022-05-13
2022-03R$ 0.0920.935%R$ 9.842022-04-14
2022-02R$ 0.0921.007%R$ 9.142022-03-15
2022-01R$ 0.0920.97%R$ 9.492022-02-15

RBVA11 dividends in 2021

In 2021 RBVA11 paid R$ 1.1 per unit across 12 periods, averaging R$ 0.09 per month.

PeriodIncome/unitMonthly DYBase priceEx-datePayment
2021-12R$ 0.0910.929%R$ 9.82022-01-14
2021-11R$ 0.0910.953%R$ 9.542021-12-15
2021-10R$ 0.0991.028%R$ 9.632021-11-12
2021-09R$ 0.0870.846%R$ 10.292021-10-15
2021-08R$ 0.0850.781%R$ 10.882021-09-15
2021-07R$ 0.0850.777%R$ 10.942021-08-13
2021-06R$ 0.1241.094%R$ 11.332021-07-15
2021-05R$ 0.0850.758%R$ 11.212021-06-15
2021-04R$ 0.0850.784%R$ 10.852021-05-14
2021-03R$ 0.0850.781%R$ 10.882021-04-15
2021-02R$ 0.0850.8%R$ 10.622021-03-15
2021-01R$ 0.0950.854%R$ 11.122021-02-12

RBVA11 dividends in 2020

In 2020 RBVA11 paid R$ 1.04 per unit across 12 periods, averaging R$ 0.09 per month.

PeriodIncome/unitMonthly DYBase priceEx-datePayment
2020-12R$ 0.0950.837%R$ 11.362021-01-15
2020-11R$ 0.0950.838%R$ 11.332020-12-15
2020-10R$ 0.0850.717%R$ 11.862020-11-13
2020-09R$ 0.0850.717%R$ 11.862020-10-15
2020-08R$ 0.0850.703%R$ 12.082020-09-15
2020-07R$ 0.0850.748%R$ 11.362020-08-14
2020-06R$ 0.0850.652%R$ 13.042020-07-15
2020-05R$ 0.0850.608%R$ 13.982020-06-15
2020-04R$ 0.0850.713%R$ 11.922020-05-15
2020-03R$ 0.080.655%R$ 12.212020-04-15
2020-02R$ 0.090.678%R$ 13.272020-03-13
2020-01R$ 0.090.612%R$ 14.72020-02-14

RBVA11 dividends in 2019

In 2019 RBVA11 paid R$ 1.16 per unit across 12 periods, averaging R$ 0.1 per month.

PeriodIncome/unitMonthly DYBase priceEx-datePayment
2019-12R$ 0.1410.881%R$ 16.02020-01-15
2019-11R$ 0.090.603%R$ 14.932019-12-13
2019-10R$ 0.090.635%R$ 14.182019-11-14
2019-09R$ 0.090.673%R$ 13.372019-10-15
2019-08R$ 0.090.745%R$ 12.082019-09-13
2019-07R$ 0.090.651%R$ 13.832019-08-15
2019-06R$ 0.1492016-07-15
2019-05R$ 0.092016-06-14
2019-04R$ 0.0850.07%R$ 121.722019-05-15
2019-03R$ 0.0850.07%R$ 121.342019-04-15
2019-02R$ 0.0852019-03-15
2019-01R$ 0.0752019-02-15

RBVA11 dividends in 2018

In 2018 RBVA11 paid R$ 0.86 per unit across 12 periods, averaging R$ 0.07 per month.

PeriodIncome/unitMonthly DYBase priceEx-datePayment
2018-12R$ 0.072019-01-15
2018-11R$ 0.072018-12-14
2018-10R$ 0.072018-11-14
2018-09R$ 0.072018-10-15
2018-08R$ 0.07252018-09-14
2018-07R$ 0.07252018-08-15
2018-06R$ 0.07252018-07-13
2018-05R$ 0.07252018-06-15
2018-04R$ 0.07252018-05-15
2018-03R$ 0.07252018-04-13
2018-02R$ 0.07212018-03-15
2018-01R$ 0.07282018-02-15

RBVA11 dividends in 2017

In 2017 RBVA11 paid R$ 1.0 per unit across 12 periods, averaging R$ 0.08 per month.

PeriodIncome/unitMonthly DYBase priceEx-datePayment
2017-12R$ 0.08442018-01-15
2017-11R$ 0.07442017-12-15
2017-10R$ 0.0772017-11-14
2017-09R$ 0.0772017-10-13
2017-08R$ 0.07982017-09-15
2017-07R$ 0.08262017-08-15
2017-06R$ 0.08542017-07-14
2017-05R$ 0.08542017-06-14
2017-04R$ 0.08542017-05-15
2017-03R$ 0.0882017-04-13
2017-02R$ 0.08832017-03-15
2017-01R$ 0.08832017-02-15

RBVA11 dividends in 2016

In 2016 RBVA11 paid R$ 0.09 per unit across 1 periods, averaging R$ 0.09 per month.

PeriodIncome/unitMonthly DYBase priceEx-datePayment
2016-12R$ 0.08662017-01-13

Payout by half-year

Half-yearPayoutRead
1º Sem 202695.1%fez_caixa

Frequently asked questions

What was RBVA11's latest dividend?

The latest income announced by RBVA11 was R$ 0.09 per unit, paid on 2026-08-14.

Does RBVA11 pay monthly dividends?

Yes, RBVA11 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 RBVA11's dividend yield (DY)?

RBVA11's dividend yield is approximately 11.21% based on the income paid over the last 12 months.

Is RBVA11 high yield?

With a DY near 11.21% per year, RBVA11 is in the high yield REIT range (above ~10% p.a.) — a level that usually comes with more credit or market risk.