RZAK11 Dividends — income history

Income history paid by Riza Akin FII (RZAK11): record date, amount per unit, payment and dividend yield month by month.

Latest income: R$ 1,05 · paid on 2026-06-22 · 12m DY 16,01% · ≈ R$ 13,35/year

When does RZAK11 pay the next dividend?

  • 2026-05 — CRI JAUAPERI maturity: CRI JAUAPERI (Lote5) matures on 15/05/2026 — R$ 7.03M (~0.9% of net assets). Normal payoff expected.
  • 2026-06 — Potential SELIC cut by the Central Bank: The Central Bank signaled the start of a SELIC cutting cycle. If confirmed, 31% of the portfolio (CDI+) reduces carry marginally; but IPCA+ appreciates on a mark-to-market basis.
  • 2026-06 — Mid-year extraordinary distribution (historical seasonal pattern): History shows extraordinary payouts in Jun/2022 (R$ 1.80+R$ 0.49), Dec/2022 (R$ 1.5), Dec/2024 (R$ 1.77) — management tends to concentrate results at cycle closes to trigger the performance fee.
  • 2026-09 — Possible Starbucks settlement (residual R$ 6.5M): Negotiations for a multi-year installment agreement are underway. If finalized, R$ 6.5M would be released over 24–36 months.
  • 2027-01 — CRI Colonial (Lote5) maturity: CRI Colonial matures in Jan/2027 — R$ 15.5M (2.0% of net assets). Reinvestment in a lower SELIC environment may yield worse spreads.

Are the dividends sustainable?

The fund generated an average of R$ 1.07/unit over the past 12 months and distributed R$ 1.11/unit — a 102.5% payout. The gap is covered by retained earnings (R$ 0.42/unit still available as of Feb/2026) plus REIT capital gains in the portfolio. The current R$ 1.10 dividend is sustainable for 2–3 quarters even without improvement; beyond that, it depends on a better revenue cycle (higher IPCA, new kickers, lower leverage costs). Material risk only arises if SELIC falls sharply AND IPCA stays low simultaneously — not the base case.

Distribution guidance

For H1 2026 (next 3 months), the manager projects a distribution of R$ 1,0 to R$ 1,1 per unit per month.

Will RZAK11 keep the dividend?

Stable with mild pressure. 12m payout of 102.5% sustained by retained earnings.

Payout médio de 12 meses em 1,025% · caixa acumulado cobre cerca de 92 meses de distribuição · queima de r$ 0,028 por cota ao mês.

RZAK11 dividends in 2026

In 2026 RZAK11 paid R$ 5,4 per share across 5 periods, averaging R$ 1,08 per month.

PeriodIncome/unitMonthly DYBase priceEx-datePayment
2026-05R$ 1,051,259%R$ 83,382026-06-152026-06-22
2026-04R$ 1,11,327%R$ 82,882026-05-22
2026-03R$ 1,11,29%R$ 85,242026-04-23
2026-02R$ 1,051,217%R$ 86,32026-03-132026-03-20
2026-01R$ 1,11,263%R$ 87,062026-02-132026-02-24

RZAK11 dividends in 2025

In 2025 RZAK11 paid R$ 13,7 per share across 12 periods, averaging R$ 1,14 per month.

PeriodIncome/unitMonthly DYBase priceEx-datePayment
2025-12R$ 1,11,293%R$ 85,052026-01-152026-01-22
2025-11R$ 1,11,358%R$ 81,02025-12-19
2025-10R$ 1,11,353%R$ 81,292025-11-24
2025-09R$ 1,11,349%R$ 81,542025-10-21
2025-08R$ 1,151,407%R$ 81,742025-09-19
2025-07R$ 1,151,435%R$ 80,152025-08-21
2025-06R$ 1,151,428%R$ 80,522025-07-21
2025-05R$ 1,151,437%R$ 80,032025-06-23
2025-04R$ 1,051,311%R$ 80,12025-05-22
2025-03R$ 1,151,399%R$ 82,192025-04-23
2025-02R$ 1,31,605%R$ 80,992025-03-25
2025-01R$ 1,21,549%R$ 77,492025-02-21

RZAK11 dividends in 2024

In 2024 RZAK11 paid R$ 13,36 per share across 12 periods, averaging R$ 1,11 per month.

PeriodIncome/unitMonthly DYBase priceEx-datePayment
2024-12R$ 1,7740532,331%R$ 76,12025-01-22
2024-11R$ 1,131,587%R$ 71,212024-12-20
2024-10R$ 1,071,357%R$ 78,832024-11-25
2024-09R$ 1,051,322%R$ 79,42024-10-21
2024-08R$ 0,921,146%R$ 80,312024-09-20
2024-07R$ 0,951,153%R$ 82,362024-08-21
2024-06R$ 1,01,203%R$ 83,142024-07-19
2024-05R$ 1,01,198%R$ 83,52024-06-21
2024-04R$ 1,051,227%R$ 85,542024-05-22
2024-03R$ 1,111,265%R$ 87,782024-04-19
2024-02R$ 1,161,31%R$ 88,552024-03-21
2024-01R$ 1,151,295%R$ 88,82024-02-23

RZAK11 dividends in 2023

In 2023 RZAK11 paid R$ 14,4 per share across 12 periods, averaging R$ 1,2 per month.

PeriodIncome/unitMonthly DYBase priceEx-datePayment
2023-12R$ 1,121,272%R$ 88,082024-01-22
2023-11R$ 1,22023-12-21
2023-10R$ 1,22023-11-23
2023-09R$ 1,32023-10-23
2023-08R$ 1,162023-09-22
2023-07R$ 1,162023-08-21
2023-06R$ 1,22023-07-21
2023-05R$ 1,252023-06-22
2023-04R$ 1,32023-05-22
2023-03R$ 1,112023-04-25
2023-02R$ 1,22023-03-21
2023-01R$ 1,22023-02-23

RZAK11 dividends in 2022

In 2022 RZAK11 paid R$ 17,05 per share across 11 periods, averaging R$ 1,55 per month.

PeriodIncome/unitMonthly DYBase priceEx-datePayment
2022-12R$ 1,42023-01-20
2022-11R$ 1,52022-12-21
2022-09R$ 1,452022-10-24
2022-08R$ 1,662022-09-22
2022-07R$ 1,52022-08-19
2022-06R$ 1,6490292022-07-21
2022-05R$ 2,292022-06-22
2022-04R$ 1,82022-05-20
2022-03R$ 1,22022-04-25
2022-02R$ 1,32022-03-22
2022-01R$ 1,32022-02-21

RZAK11 dividends in 2021

In 2021 RZAK11 paid R$ 9,01 per share across 10 periods, averaging R$ 0,9 per month.

PeriodIncome/unitMonthly DYBase priceEx-datePayment
2021-12R$ 1,3238052022-01-21
2021-11R$ 1,12021-12-21
2021-10R$ 1,02021-11-23
2021-09R$ 0,752021-10-22
2021-08R$ 0,62021-09-22
2021-07R$ 0,82021-08-20
2021-06R$ 1,0387582021-07-22
2021-05R$ 0,92021-06-22
2021-04R$ 1,02021-05-21
2021-02R$ 0,52021-03-19

RZAK11 dividends in 2020

In 2020 RZAK11 paid R$ 0,01 per share across 1 periods, averaging R$ 0,01 per month.

PeriodIncome/unitMonthly DYBase priceEx-datePayment
2020-12R$ 0,0088932021-01-22

Payout by half-year

Half-yearPayoutRead
2º Sem 202489,7%fez_caixa
1º Sem 2025102,8%queimou_caixa
2º Sem 202595,7%fez_caixa
1º Sem 2026118,8%queimou_caixa

Frequently asked questions

What was RZAK11's latest dividend?

The latest income announced by RZAK11 was R$ 1,05 per unit, paid on 2026-06-22.

Does RZAK11 pay monthly dividends?

Yes, RZAK11 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 RZAK11's dividend yield (DY)?

RZAK11's dividend yield is approximately 16,01% based on the income paid over the last 12 months.

Is RZAK11 high yield?

With a DY near 16,01% per year, RZAK11 is in the high yield REIT range (above ~10% p.a.) — a level that usually comes with more credit or market risk.