SHPH11 Dividends — income history

Income history paid by Shopping Pátio Higienópolis (SHPH11): record date, amount per unit, payment and dividend yield month by month.

Latest income: R$ 4.5 · paid on 2026-08-14 · 12m DY 6.97% · ≈ R$ 63.6/year

When does SHPH11 pay the next dividend?

  • 2026-05 — Potential semiannual extraordinary distribution (H1 2026): Historical pattern: May/June tend to concentrate extra distributions in SHPH11 (see Jun/2024 R$7.00, Jun/2023 R$7.82, May/2025 R$27.97 — although this one was atypical due to an operation premium). For 2026, the base is
  • 2026-04/12 — Execution of 2026 CapEx (R$ 31.3M): Approved budget of R$ 31.3M: tenant allowances at R$ 14.7M, CAG1 chiller plant retrofit at R$ 5.8M, store buyout points at R$ 2.25M, and Plaza/Theater retrofit at R$ 1.8M. As of Feb/2026, only 1% has been executed. Accel
  • 2027-12 — Next asset reappraisal (Cushman & Wakefield): Mandatory annual property appraisal. Recent trajectory: 2024 at +0.5%, 2025 at +1.57%. Sustainable trend of real value preservation.

Income analysis

Recurring DPU is well covered by NOI (~R$ 5.72/unit available before expenses), but executing R$ 31.3M in 2026 CapEx will cause distribution volatility — the pattern from Oct–Dec/2025 is expected to repeat.

Are the dividends sustainable?

The recurring DPU of R$ 5.30/month is fully covered by the mall's NOI (R$ 13.55M/month × 25.68% stake ÷ 608,950 units ≈ R$ 5.72/unit before expenses). Realized earnings for 2025 reached R$ 99.46/unit, and distributions (excluding extraordinary payouts) totaled approximately R$ 64/unit, representing a 35% buffer. Net cash of R$ 11.95M covers 2 to 3 months of distributions as a reserve. The real risk is not DPU sustainability, but rather volatility driven by CapEx: from October to December 2025, the DPU dropped from R$ 5.30 to R$ 4.00, and then to R$ 3.50 to accommodate tenant allowances and retrofits. This pattern is expected to repeat during periods of heavy CapEx (R$ 31.3M budgeted for 2026).

Distribution guidance

For next 12 months, the manager projects a distribution of R$ 4.0 to R$ 5.5 per unit per month.

Dividend yield projection

Current DY (12m): 6.96% · Projected DY: 7.2% · reference price R$ 970.0

Will SHPH11 keep the dividend?

stable; 2026 CapEx may temporarily reduce DPU to R$ 4.00–5.00

12-month average payout of 0.82% · burn of R$ 0.0 per unit per month.

SHPH11 dividends in 2026

In 2026 SHPH11 paid R$ 43.0 per unit across 7 periods, averaging R$ 6.14 per month.

PeriodIncome/unitMonthly DYBase priceEx-datePayment
2026-07R$ 4.50.474%R$ 950.112026-07-312026-08-14
2026-06R$ 12.01.27%R$ 945.02026-06-302026-07-15
2026-05R$ 5.30.586%R$ 905.032026-05-292026-06-15
2026-04R$ 5.30.584%R$ 908.02026-04-302026-05-15
2026-03R$ 5.30.579%R$ 914.942026-04-15
2026-02R$ 5.30.567%R$ 935.02026-03-13
2026-01R$ 5.30.558%R$ 950.012026-02-13

SHPH11 dividends in 2025

In 2025 SHPH11 paid R$ 87.07 per unit across 12 periods, averaging R$ 7.26 per month.

PeriodIncome/unitMonthly DYBase priceEx-datePayment
2025-12R$ 3.50.368%R$ 949.972026-01-15
2025-11R$ 4.00.438%R$ 913.02025-12-15
2025-10R$ 4.50.484%R$ 930.012025-11-14
2025-09R$ 5.00.549%R$ 910.02025-10-15
2025-08R$ 5.00.51%R$ 980.02025-09-15
2025-07R$ 5.30.535%R$ 990.02025-08-15
2025-06R$ 5.30.538%R$ 985.02025-07-15
2025-05R$ 33.273.43%R$ 970.02025-06-13
2025-04R$ 5.30.566%R$ 937.012025-05-15
2025-03R$ 5.30.589%R$ 899.822025-04-15
2025-02R$ 5.30.537%R$ 986.182025-03-14
2025-01R$ 5.30.558%R$ 949.972025-02-14

SHPH11 dividends in 2024

In 2024 SHPH11 paid R$ 64.6 per unit across 12 periods, averaging R$ 5.38 per month.

PeriodIncome/unitMonthly DYBase priceEx-datePayment
2024-12R$ 4.50.5%R$ 899.982025-01-15
2024-11R$ 4.00.476%R$ 840.02024-12-13
2024-10R$ 4.50.549%R$ 820.052024-11-14
2024-09R$ 4.50.525%R$ 857.862024-10-15
2024-08R$ 4.50.506%R$ 889.992024-09-13
2024-07R$ 4.50.507%R$ 888.02024-08-15
2024-06R$ 7.00.804%R$ 871.032024-07-15
2024-05R$ 5.30.625%R$ 848.012024-06-14
2024-04R$ 8.60.994%R$ 865.02024-05-15
2024-03R$ 8.60.987%R$ 871.012024-04-05
2024-02R$ 4.30.483%R$ 890.02024-03-15
2024-01R$ 4.30.476%R$ 903.62024-02-15

SHPH11 dividends in 2023

In 2023 SHPH11 paid R$ 59.32 per unit across 12 periods, averaging R$ 4.94 per month.

PeriodIncome/unitMonthly DYBase priceEx-datePayment
2023-12R$ 8.450.914%R$ 924.932024-01-15
2023-11R$ 4.80.585%R$ 820.02023-12-15
2023-10R$ 4.20.527%R$ 796.982023-11-14
2023-09R$ 7.50.949%R$ 790.02023-10-13
2023-08R$ 3.750.476%R$ 787.82023-09-15
2023-07R$ 4.20.533%R$ 788.362023-08-15
2023-06R$ 7.821.018%R$ 768.352023-07-14
2023-05R$ 4.20.603%R$ 697.02023-06-15
2023-04R$ 4.20.659%R$ 637.222023-05-15
2023-03R$ 3.40.515%R$ 660.02023-04-14
2023-02R$ 3.40.493%R$ 689.92023-03-15
2023-01R$ 3.40.52%R$ 654.442023-02-15

SHPH11 dividends in 2022

In 2022 SHPH11 paid R$ 44.64 per unit across 12 periods, averaging R$ 3.72 per month.

PeriodIncome/unitMonthly DYBase priceEx-datePayment
2022-12R$ 3.350.469%R$ 715.02023-01-13
2022-11R$ 2.70.365%R$ 739.512022-12-15
2022-10R$ 3.80.493%R$ 770.572022-11-14
2022-09R$ 4.070.509%R$ 800.062022-10-14
2022-08R$ 4.250.529%R$ 803.02022-09-15
2022-07R$ 4.480.576%R$ 778.02022-08-15
2022-06R$ 3.10.413%R$ 750.02022-07-15
2022-05R$ 3.050.393%R$ 776.182022-06-15
2022-04R$ 3.350.419%R$ 800.02022-05-13
2022-03R$ 3.540.432%R$ 820.042022-04-14
2022-02R$ 4.150.501%R$ 827.972022-03-15
2022-01R$ 4.81.116%R$ 429.942022-02-15

SHPH11 dividends in 2021

In 2021 SHPH11 paid R$ 31.8 per unit across 11 periods, averaging R$ 2.89 per month.

PeriodIncome/unitMonthly DYBase priceEx-datePayment
2021-12R$ 3.90.876%R$ 445.282022-01-14
2021-11R$ 3.10.721%R$ 429.942021-12-15
2021-10R$ 4.070.929%R$ 437.882021-11-12
2021-09R$ 3.030.7%R$ 433.142021-10-15
2021-08R$ 2.710.643%R$ 421.172021-09-15
2021-07R$ 2.250.529%R$ 425.222021-08-13
2021-06R$ 1.950.445%R$ 438.482021-07-15
2021-05R$ 2.20.501%R$ 439.022021-06-15
2021-03R$ 1.630.361%R$ 451.852021-04-15
2021-02R$ 2.640.602%R$ 438.762021-03-15
2021-01R$ 4.320.924%R$ 467.362021-02-12

SHPH11 dividends in 2020

In 2020 SHPH11 paid R$ 30.66 per unit across 10 periods, averaging R$ 3.07 per month.

PeriodIncome/unitMonthly DYBase priceEx-datePayment
2020-12R$ 4.741.066%R$ 444.792021-01-15
2020-11R$ 3.30.718%R$ 459.872020-12-15
2020-10R$ 2.440.516%R$ 472.612020-11-13
2020-09R$ 1.080.228%R$ 474.312020-10-15
2020-08R$ 1.850.383%R$ 483.282020-09-15
2020-07R$ 2.00.403%R$ 496.882020-08-14
2020-06R$ 2.550.53%R$ 481.262020-07-15
2020-03R$ 3.60.736%R$ 489.292020-03-13
2020-02R$ 3.60.736%R$ 489.292020-03-13
2020-01R$ 5.51.023%R$ 537.42020-02-14

SHPH11 dividends in 2019

In 2019 SHPH11 paid R$ 52.1 per unit across 11 periods, averaging R$ 4.74 per month.

PeriodIncome/unitMonthly DYBase priceEx-datePayment
2019-12R$ 10.72.089%R$ 512.282019-01-15
2019-11R$ 3.60.701%R$ 513.352019-12-13
2019-10R$ 3.60.711%R$ 506.422019-11-14
2019-09R$ 7.21.445%R$ 498.162019-09-13
2019-08R$ 3.60.701%R$ 513.352019-08-15
2019-07R$ 3.60.704%R$ 511.152019-07-15
2019-06R$ 3.60.736%R$ 489.282019-06-14
2019-04R$ 3.60.732%R$ 491.962019-05-15
2019-03R$ 3.550.722%R$ 491.932019-04-15
2019-02R$ 3.550.7%R$ 507.462019-03-15
2019-01R$ 5.51.094%R$ 502.662019-02-15

SHPH11 dividends in 2018

In 2018 SHPH11 paid R$ 42.42 per unit across 10 periods, averaging R$ 4.24 per month.

PeriodIncome/unitMonthly DYBase priceEx-datePayment
2018-11R$ 3.550.725%R$ 489.822018-12-14
2018-10R$ 3.550.706%R$ 502.652018-11-14
2018-09R$ 3.550.681%R$ 521.372018-10-15
2018-08R$ 3.550.718%R$ 494.582018-09-14
2018-07R$ 7.11.355%R$ 524.042018-07-13
2018-06R$ 3.550.664%R$ 534.732018-06-15
2018-04R$ 3.550.623%R$ 569.492018-05-15
2018-03R$ 3.550.622%R$ 571.12018-04-13
2018-02R$ 3.550.626%R$ 566.822018-03-15
2018-01R$ 6.921.294%R$ 534.742018-02-15

SHPH11 dividends in 2017

In 2017 SHPH11 paid R$ 44.3 per unit across 12 periods, averaging R$ 3.69 per month.

PeriodIncome/unitMonthly DYBase priceEx-datePayment
2017-12R$ 3.50.619%R$ 565.752018-01-15
2017-11R$ 3.50.696%R$ 502.652017-12-15
2017-10R$ 3.50.72%R$ 486.392017-11-14
2017-09R$ 3.50.713%R$ 490.892017-10-13
2017-08R$ 3.50.718%R$ 487.682017-09-15
2017-07R$ 3.50.727%R$ 481.262017-08-15
2017-06R$ 3.50.711%R$ 491.962017-07-14
2017-05R$ 3.50.727%R$ 481.262017-06-14
2017-04R$ 3.50.723%R$ 483.942017-05-15
2017-03R$ 3.50.723%R$ 483.942017-04-13
2017-02R$ 3.50.704%R$ 497.32017-03-15
2017-01R$ 5.81.219%R$ 475.912017-02-15

SHPH11 dividends in 2016

In 2016 SHPH11 paid R$ 3.3 per unit across 1 periods, averaging R$ 3.3 per month.

PeriodIncome/unitMonthly DYBase priceEx-datePayment
2016-12R$ 3.30.762%R$ 433.142017-01-13

Payout by half-year

Half-yearPayoutRead
2º Sem 202590.2%fez_caixa
1º Sem 2026100.0%equilibrio

Frequently asked questions

What was SHPH11's latest dividend?

The latest income announced by SHPH11 was R$ 4.5 per unit, paid on 2026-08-14.

Does SHPH11 pay monthly dividends?

Yes, SHPH11 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 SHPH11's dividend yield (DY)?

SHPH11's dividend yield is approximately 6.97% based on the income paid over the last 12 months.