SNCI11 Dividends — income history

Income history paid by Suno Recebíveis Imobiliários (SNCI11): record date, amount per unit, payment and dividend yield month by month.

Latest income: R$ 1.0 · paid on 2026-08-25 · 12m DY 13.98% · ≈ R$ 12.0/year

When does SNCI11 pay the next dividend?

  • 2026-06 — Projected conclusion of AIZ property sale — end of haircut: Sale of the primary collateral property for the AIZ 301 CRI — settles the balance (with a 20% haircut). CRI 302 remains term-extended.
  • 2026-07 — BIT CRI construction delivery (Barueri) — R$ 30M net assets: Projected delivery of BIT construction in Jul/26. Inception of receivables pass-throughs and progressive amortization of the 4 series.
  • 2026-09 — Gafisa Sorocaba delivery (delayed) — 6.3% of net assets: Updated projection for Sep/26 (previously sooner). Debtor has low liquidity, construction halted since Jul/25. Risk of further delays.
  • 2026-12 — Projected Selic at 12.50% (Suno base case): Suno base case: Selic ends 2026 at 12.5% (a 2.5 pp cut over the year). Compresses real interest rates — benefits mark-to-market valuations of IPCA+ CRIs.
  • 2027-03 — Extended maturity of the 4 MZM CRIs: Maturity of MZM series I, II, III, V (10.3% of net assets combined) — post-unitholders' meeting of Feb 26, 2026 — awaiting 100% construction completion and extraordinary amortization.

Are the dividends sustainable?

The current DPU of R$ 1.00/unit is sustainable in the current context: February 2026 earnings (R$ 3.81M) + reserves (R$ 0.85M) = R$ 4.66M, matching distributions of R$ 4.2M plus R$ 0.46M remaining.

In a scenario where IPCA stabilizes at 4-4.5% alongside partial workout recoveries, the DPU could rise to R$ 1.05-1.10 (the upper bound of guidance) within 2026. Without recovery, the floor defended by management is R$ 1.00.

The weak point: accumulated reserves (R$ 0.34/unit) are more compressed than the recent peak (R$ 0.58 in May/25) due to workout haircuts and marks. In the event of a new credit incident before current ones are resolved, management may be forced to cut to R$ 0.95.

Distribution guidance

For 2nd quarter of 2026, the manager projects a distribution of R$ 1.0 to R$ 1.1 per unit per month.

Will SNCI11 keep the dividend?

DPU stable at R$ 1.00 for 15 months; LTM cash earnings of R$ 50.4M (~R$ 12/unit annually) against distributions of R$ 12/unit — 100% payout ratio, the fund generates what it distributes.

12-month average payout of 0.92% · burn of R$ 0 per unit per month.

SNCI11 dividends in 2026

In 2026 SNCI11 paid R$ 7.0 per unit across 7 periods, averaging R$ 1.0 per month.

PeriodIncome/unitMonthly DYBase priceEx-datePayment
2026-07R$ 1.01.178%R$ 84.872026-08-142026-08-25
2026-06R$ 1.01.144%R$ 87.442026-07-152026-07-24
2026-05R$ 1.01.149%R$ 87.012026-06-152026-06-25
2026-04R$ 1.01.096%R$ 91.252026-05-152026-05-25
2026-03R$ 1.01.105%R$ 90.52026-04-24
2026-02R$ 1.01.124%R$ 89.02026-03-25
2026-01R$ 1.01.136%R$ 88.02026-02-24

SNCI11 dividends in 2025

In 2025 SNCI11 paid R$ 12.0 per unit across 12 periods, averaging R$ 1.0 per month.

PeriodIncome/unitMonthly DYBase priceEx-datePayment
2025-12R$ 1.01.164%R$ 85.882026-01-23
2025-11R$ 1.01.205%R$ 82.982025-12-23
2025-10R$ 1.01.236%R$ 80.932025-11-25
2025-09R$ 1.01.236%R$ 80.912025-10-24
2025-08R$ 1.01.204%R$ 83.082025-09-25
2025-07R$ 1.01.217%R$ 82.182025-08-25
2025-06R$ 1.01.159%R$ 86.292025-07-25
2025-05R$ 1.01.141%R$ 87.652025-06-25
2025-04R$ 1.01.108%R$ 90.222025-05-23
2025-03R$ 1.01.111%R$ 89.992025-04-25
2025-02R$ 1.01.128%R$ 88.632025-03-25
2025-01R$ 1.01.207%R$ 82.852025-02-25

SNCI11 dividends in 2024

In 2024 SNCI11 paid R$ 11.55 per unit across 12 periods, averaging R$ 0.96 per month.

PeriodIncome/unitMonthly DYBase priceEx-datePayment
2024-12R$ 1.01.239%R$ 80.682025-01-24
2024-11R$ 1.01.217%R$ 82.162024-12-23
2024-10R$ 1.01.144%R$ 87.382024-11-25
2024-09R$ 1.01.134%R$ 88.172024-10-25
2024-08R$ 1.01.11%R$ 90.082024-09-25
2024-07R$ 1.01.037%R$ 96.42024-08-23
2024-06R$ 1.01.049%R$ 95.312024-07-25
2024-05R$ 0.951.007%R$ 94.372024-06-25
2024-04R$ 0.90.947%R$ 95.02024-05-24
2024-03R$ 0.930.983%R$ 94.652024-04-25
2024-02R$ 0.870.884%R$ 98.412024-03-25
2024-01R$ 0.90.906%R$ 99.32024-02-23

SNCI11 dividends in 2023

In 2023 SNCI11 paid R$ 12.35 per unit across 12 periods, averaging R$ 1.03 per month.

PeriodIncome/unitMonthly DYBase priceEx-datePayment
2023-12R$ 1.01.003%R$ 99.72024-01-25
2023-11R$ 1.01.0%R$ 100.02023-12-22
2023-10R$ 1.01.011%R$ 98.92023-11-24
2023-09R$ 1.01.007%R$ 99.272023-10-25
2023-08R$ 1.01.008%R$ 99.162023-09-25
2023-07R$ 1.01.004%R$ 99.582023-08-25
2023-06R$ 1.11.102%R$ 99.82023-07-25
2023-05R$ 1.11.101%R$ 99.892023-06-23
2023-04R$ 1.11.131%R$ 97.292023-05-25
2023-03R$ 1.051.146%R$ 91.662023-04-25
2023-02R$ 1.01.04%R$ 96.162023-03-24
2023-01R$ 1.01.047%R$ 95.52023-02-24

SNCI11 dividends in 2022

In 2022 SNCI11 paid R$ 12.03 per unit across 12 periods, averaging R$ 1.0 per month.

PeriodIncome/unitMonthly DYBase priceEx-datePayment
2022-12R$ 1.01.02%R$ 98.072023-01-25
2022-11R$ 1.01.01%R$ 99.02022-12-23
2022-10R$ 1.01.001%R$ 99.942022-11-25
2022-09R$ 1.01.002%R$ 99.82022-10-25
2022-08R$ 1.151.146%R$ 100.352022-09-23
2022-07R$ 1.251.238%R$ 101.012022-08-25
2022-06R$ 0.80.785%R$ 101.942022-07-25
2022-05R$ 1.41.365%R$ 102.572022-06-24
2022-04R$ 1.451.409%R$ 102.932022-05-25
2022-03R$ 0.220.211%R$ 104.032022-04-25
2022-02R$ 0.360.349%R$ 103.042022-03-25
2022-01R$ 1.41.38%R$ 101.442022-02-25

SNCI11 dividends in 2021

In 2021 SNCI11 paid R$ 2.52 per unit across 6 periods, averaging R$ 0.42 per month.

PeriodIncome/unitMonthly DYBase priceEx-datePayment
2021-12R$ 0.152022-01-25
2021-11R$ 0.662021-12-23
2021-10R$ 0.062021-11-25
2021-09R$ 0.782021-10-25
2021-08R$ 0.552021-09-24
2021-07R$ 0.322021-08-25

Payout by half-year

Half-yearPayoutRead
1º Sem 2025100.0%equilibrio
2º Sem 2025100.0%equilibrio
1º Sem 2026100.0%equilibrio

Frequently asked questions

What was SNCI11's latest dividend?

The latest income announced by SNCI11 was R$ 1.0 per unit, paid on 2026-08-25.

Does SNCI11 pay monthly dividends?

Yes, SNCI11 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 SNCI11's dividend yield (DY)?

SNCI11's dividend yield is approximately 13.98% based on the income paid over the last 12 months.

Is SNCI11 high yield?

With a DY near 13.98% per year, SNCI11 is in the high yield REIT range (above ~10% p.a.) — a level that usually comes with more credit or market risk.