RURA11 Dividends — income history

When does RURA11 pay the next dividend?

• 2026-05 — Pipeline of R$ 70M in new operations: The manager signals in the Mar/26 Management Report a pipeline of R$ 70M under structuring: 2 pulverized Fiagros (TO-DF-MG, Various) and 1 Rural Producer CRA in RR. Rates range from CDI + 3.25% to CDI + 5.00%. Deploying
• 2026-10 — Risk of DPU adjustment to R$ 0.115-0.118: If the H1 2026 payout closes above 105% (current trend), the accounting reserve will drop to a critical range and the R$ 0.12 DPU may need to be reduced to R$ 0.115-0.118 starting in Q4 2026. Base case assumes no new all
• 2026-12 — Selic drop to 11% compresses spread: The Focus Bulletin projects Selic at 11% by Dec/2026 (vs. 14.5% currently). A portfolio yielding CDI + 3.7% would yield ~14.7% gross (vs. 18.2% today). DPU is pressured toward R$ 0.10-0.11/month if the rate-cut cycle mat

Income analysis

DPU was already cut to R$ 0.110 in May/26. The R$ 14.4M reserve provides short-term coverage (~4 months). With a CDI + 3.9% spread and a defensive stance from the manager, stabilization at the R$ 0.110 level is possible — but a new allowance for loan losses (LLP) event would force another round of cuts. In the base case (Selic at 14%+ through the end of 2026), DPU is maintained at R$ 0.110-0.115.

Are the dividends sustainable?

The accounting reserve dropped from R$ 21.7M to R$ 14.4M in just 2 months (Apr-May/26), primarily due to a weak accounting result in Apr/26 (R$ 11.7M — allowance for loan losses). The manager has already anticipated the DPU cut to R$ 0.110 and maintains a defensive stance. With an improved spread (CDI + 3.9%) and 88% allocated, the gross carry is solid — but a one-off allowance for loan losses (LLP) could drain the remaining reserve.

Distribution guidance

For next 6 months, the manager projects a distribution of R$ 0.105 to R$ 0.115 per unit per month.

Dividend yield projection

Current DY (12m): 15.51% · Projected DY: 15.51% · reference price R$ 8.15

Will RURA11 keep the dividend?

DPU cut to R$ 0.110 in May/26. Accounting reserve at R$ 14.4M (~3.9 months of cushion). Any further reduction depends on allowance for loan losses (LLP) events or a drop in the Selic rate.

12-month average payout of 1.12% · accumulated cash covers about 3.9 months of distributions · burn of R$ 0.0229 per unit per month.

RURA11 dividends in 2026

In 2026 RURA11 paid R$ 0.8 per unit across 7 periods, averaging R$ 0.11 per month.

RURA11 dividends in 2025

In 2025 RURA11 paid R$ 1.2 per unit across 12 periods, averaging R$ 0.1 per month.

RURA11 dividends in 2024

In 2024 RURA11 paid R$ 1.13 per unit across 12 periods, averaging R$ 0.09 per month.

RURA11 dividends in 2023

In 2023 RURA11 paid R$ 1.39 per unit across 12 periods, averaging R$ 0.12 per month.

RURA11 dividends in 2022

In 2022 RURA11 paid R$ 1.05 per unit across 10 periods, averaging R$ 0.11 per month.

Payout by half-year

Frequently asked questions

What was RURA11's latest dividend?

The latest income announced by RURA11 was R$ 0.11 per unit, paid on 2026-08-07.

Does RURA11 pay monthly dividends?

Yes, RURA11 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 RURA11's dividend yield (DY)?

RURA11's dividend yield is approximately 15.76% based on the income paid over the last 12 months.

Is RURA11 high yield?

With a DY near 15.76% per year, RURA11 is in the high yield REIT range (above ~10% p.a.) — a level that usually comes with more credit or market risk.