SNFZ11 Dividends — income history

Income history paid by Suno Fazendas FIAGRO (SNFZ11): record date, amount per unit, payment and dividend yield month by month.

Latest income: R$ 0.1 · paid on 2026-08-25 · 12m DY 12.34% · ≈ R$ 1.2/year

When does SNFZ11 pay the next dividend?

  • 2026-07 — Upcoming 2025/2026 soybean harvest — productivity delivery: Harvest of the 25/26 cycle across the 3 farms. If productivity meets or exceeds the 15 bags/ha floor, DPU remains at R$ 0.10. If there is a surplus, an extra R$ 0.005–0.01 per quarter is possible.
  • 2027-01 — Full maturation of irrigation at Coliseu: Completion of the central pivot irrigation system implementation at Coliseu (funded by the Jequitibá CRA). Expected productivity increase from 60 to 72 bags/ha (+20%), per feasibility study.
  • 2034-05 — First farm sale window (10 years post-IPO): Core fund thesis: sale of one of the farms with capital gains. Feasibility study projects sale at 750 bags/ha (vs. acquisition at 595 bags/ha) with a soybean CAGR of 5.4% → real IRR of 12.11%.

Income analysis

DPU of R$ 0.10/unit is sustainable with a slight cushion (payout ratio 0.90–0.95). No near-term catalysts to structurally raise or lower distributions — performance depends exclusively on soybean prices and harvest execution.

Are the dividends sustainable?

The DPU of R$ 0.10/unit is sustainable. In Jan–Feb/2026, the fund generated R$ 124–127k more than it distributed (~R$ 0.010/unit added to reserves). The current regime is comfortable as long as the soybean harvest does not compress lease payments below the floor — the real risk is a persistent decline in commodity prices.

Distribution guidance

For Next 12 months, the manager projects a distribution of R$ 0.1 to R$ 0.1 per unit per month.

Dividend yield projection

Current DY (12m): 12.31% · Projected DY: 12.31% · reference price R$ 9.12

Will SNFZ11 keep the dividend?

Stable DPU, reserves accumulating slightly

12-month average payout of 0.97% · burn of R$ 0 per unit per month.

SNFZ11 dividends in 2026

In 2026 SNFZ11 paid R$ 0.7 per unit across 7 periods, averaging R$ 0.1 per month.

PeriodIncome/unitMonthly DYBase priceEx-datePayment
2026-07R$ 0.11.066%R$ 9.382026-08-142026-08-25
2026-06R$ 0.11.074%R$ 9.312026-07-152026-07-24
2026-05R$ 0.11.025%R$ 9.762026-06-152026-06-25
2026-04R$ 0.11.027%R$ 9.742026-05-152026-05-25
2026-03R$ 0.11.027%R$ 9.742026-03-25
2026-02R$ 0.11.024%R$ 9.772026-02-25
2026-01R$ 0.11.017%R$ 9.832026-01-23

SNFZ11 dividends in 2025

In 2025 SNFZ11 paid R$ 0.98 per unit across 12 periods, averaging R$ 0.08 per month.

PeriodIncome/unitMonthly DYBase priceEx-datePayment
2025-12R$ 0.11.026%R$ 9.752025-12-25
2025-11R$ 0.11.01%R$ 9.92025-11-25
2025-10R$ 0.11.029%R$ 9.722025-10-24
2025-09R$ 0.11.03%R$ 9.712025-09-25
2025-08R$ 0.11.034%R$ 9.672025-08-25
2025-07R$ 0.11.022%R$ 9.782025-07-25
2025-06R$ 0.0650.674%R$ 9.642025-06-25
2025-05R$ 0.0650.667%R$ 9.752025-05-23
2025-04R$ 0.0650.664%R$ 9.792025-04-25
2025-03R$ 0.060.609%R$ 9.852025-03-25
2025-02R$ 0.060.612%R$ 9.82025-02-25
2025-01R$ 0.060.612%R$ 9.82025-01-24

SNFZ11 dividends in 2024

In 2024 SNFZ11 paid R$ 0.22 per unit across 4 periods, averaging R$ 0.06 per month.

PeriodIncome/unitMonthly DYBase priceEx-datePayment
2024-12R$ 0.0550.561%R$ 9.82024-12-23
2024-11R$ 0.0550.551%R$ 9.992024-11-25
2024-10R$ 0.0550.55%R$ 10.02024-10-25
2024-09R$ 0.0550.546%R$ 10.072024-09-25

Payout by half-year

Half-yearPayoutRead
1º Sem 202697.3%fez_caixa

Frequently asked questions

What was SNFZ11's latest dividend?

The latest income announced by SNFZ11 was R$ 0.1 per unit, paid on 2026-08-25.

Does SNFZ11 pay monthly dividends?

Yes, SNFZ11 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 SNFZ11's dividend yield (DY)?

SNFZ11's dividend yield is approximately 12.34% based on the income paid over the last 12 months.

Is SNFZ11 high yield?

With a DY near 12.34% per year, SNFZ11 is in the high yield REIT range (above ~10% p.a.) — a level that usually comes with more credit or market risk.