Income history paid by RBR Top Offices FII (TOPP11): record date, amount per unit, payment and dividend yield month by month.
Latest income: R$ 0.84 · paid on 2026-08-20 · 12m DY 14.86% · ≈ R$ 10.08/year
Current DPU sustained by RMG + reserves; May/26 marks the transition to a pure operational regime (without seller subsidies). Without clarity on the CRI, the magnitude of the cut falls between 15% and 30%.
The DPU of R$ 0.84/unit is sustainable until April 2026 thanks to HGPO's minimum guaranteed return (RMG) plus accumulated reserves. Management explicitly states in the December 2025 Management Report that it will drop in May/26—when the payment of the 2nd installment of R$ 278M reduces invested cash and operations become limited to the actual rental generation (cap rate ~7.3% for Metropolitan, ~6.5% for Platinum). Estimated magnitude of the cut: 15-30% (from R$ 0.84 to R$ 0.55-0.72), depending on the CRI rate and a potential voluntary reduction of the management fee by Pátria.
For next 6 months (May-Oct/26), the manager projects a distribution of R$ 0.55 to R$ 0.84 per unit per month.
Current DY (12m): 13.93% · Projected DY: 11.0% · reference price R$ 63.14
Stable until Apr/2026, scheduled cut in May/2026.
12-month average payout of 0.96% · burn of R$ 0.007 per unit per month.
In 2026 TOPP11 paid R$ 5.99 per unit across 7 periods, averaging R$ 0.86 per month.
| Period | Income/unit | Monthly DY | Base price | Ex-date | Payment |
|---|---|---|---|---|---|
| 2026-07 | R$ 0.84 | 1.292% | R$ 65.01 | 2026-08-13 | 2026-08-20 |
| 2026-06 | R$ 0.95 | 1.455% | R$ 65.29 | 2026-07-13 | 2026-07-20 |
| 2026-05 | R$ 0.84 | 1.349% | R$ 62.26 | 2026-06-12 | 2026-06-19 |
| 2026-04 | R$ 0.84 | 1.247% | R$ 67.35 | 2026-05-14 | 2026-05-21 |
| 2026-03 | R$ 0.84 | 1.16% | R$ 72.4 | 2026-04-14 | 2026-04-22 |
| 2026-02 | R$ 0.84 | 1.126% | R$ 74.62 | — | 2026-02-20 |
| 2026-01 | R$ 0.84 | 1.142% | R$ 73.53 | — | 2026-01-21 |
In 2025 TOPP11 paid R$ 10.08 per unit across 12 periods, averaging R$ 0.84 per month.
| Period | Income/unit | Monthly DY | Base price | Ex-date | Payment |
|---|---|---|---|---|---|
| 2025-12 | R$ 0.84 | 1.176% | R$ 71.42 | — | 2025-12-19 |
| 2025-11 | R$ 0.84 | 1.212% | R$ 69.31 | — | 2025-11-21 |
| 2025-10 | R$ 0.84 | 1.237% | R$ 67.88 | — | 2025-10-21 |
| 2025-09 | R$ 0.84 | 1.233% | R$ 68.13 | — | 2025-09-19 |
| 2025-08 | R$ 0.84 | 1.233% | R$ 68.12 | — | 2025-08-22 |
| 2025-07 | R$ 0.84 | 1.183% | R$ 71.01 | — | 2025-07-22 |
| 2025-06 | R$ 0.84 | 1.198% | R$ 70.14 | — | 2025-06-20 |
| 2025-05 | R$ 0.84 | 1.146% | R$ 73.27 | — | 2025-05-22 |
| 2025-04 | R$ 0.84 | 1.165% | R$ 72.09 | — | 2025-04-22 |
| 2025-03 | R$ 0.84 | 1.188% | R$ 70.72 | — | 2025-03-21 |
| 2025-02 | R$ 0.84 | 1.164% | R$ 72.18 | — | 2025-02-21 |
| 2025-01 | R$ 0.84 | 1.161% | R$ 72.38 | — | 2025-01-22 |
In 2024 TOPP11 paid R$ 1.54 per unit across 3 periods, averaging R$ 0.51 per month.
| Period | Income/unit | Monthly DY | Base price | Ex-date | Payment |
|---|---|---|---|---|---|
| 2024-12 | R$ 0.84 | 1.144% | R$ 73.4 | — | 2024-12-20 |
| 2024-11 | R$ 0.68 | 0.811% | R$ 83.84 | — | 2024-11-22 |
| 2024-10 | R$ 0.02 | 0.021% | R$ 96.08 | — | 2024-10-18 |
| Half-year | Payout | Read |
|---|---|---|
| 2º Sem 2025 | 100.5% | equilibrio |
| 1º Sem 2026 | 91.5% | fez_caixa |
The latest income announced by TOPP11 was R$ 0.84 per unit, paid on 2026-08-20.
Yes, TOPP11 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.
TOPP11's dividend yield is approximately 14.86% based on the income paid over the last 12 months.
With a DY near 14.86% per year, TOPP11 is in the high yield REIT range (above ~10% p.a.) — a level that usually comes with more credit or market risk.