TORD11 Dividends — income history

Income history paid by Tordesilhas EI FII (TORD11): record date, amount per unit, payment and dividend yield month by month.

Latest income: R$ 0.007 · paid on 2026-08-14 · 12m DY 4.7% · ≈ R$ 0.149/year

When does TORD11 pay the next dividend?

  • 2026-06 — End of grace periods for Hope (Sr+Sub) and Brasil Parques CRIs: Interest and amortization grace periods for 3 CRIs (Hope Sr, Hope Sub, Brasil Parques) end in Jun/2026. If debtors manage to resume normal payments, monthly CRI revenue would rise by ~R$ 80-100k/month.
  • 2026-07 — End of GPK CRI grace period (R$ 27M, 13% of net assets): Total grace period (interest + amortization) for the GPK CRI ends in Jul/2026. Largest expected revenue contributor in the CRI portfolio. If met, it would generate an extra R$ 250k/month.
  • 2026-12 — End of interest grace period for WAM Holding CRI (largest position = 20% of net assets): Interest grace period for the WAM Holding CRI (R$ 41M, main position) ended in Dec/2025 (period already elapsed) — the manager has not yet confirmed whether payment was made or a new extension granted. If normal payments
  • 2027-12 — Maturity of WAM Holding CRI (R$ 41M): Original maturity of the WAM Holding CRI on Dec 20, 2027. Considering the history of successive grace periods and stress in the hospitality/tourism sector, there is material risk of a new waiver or partial default.

Income analysis

DPU is expected to remain between R$ 0.003 and R$ 0.012/unit over the next 12 months, with no clear direction — depending entirely on the performance of CRIs in grace periods transitioning from waivers to normal payments.

Are the dividends sustainable?

The Dec/2025 Management Report (released in May/2026) provided a full annual income statement: 2025 closed with a Cash Result of R$ 847k and Cash Distributions of R$ 946k — a cash burn of R$ 99k for the year. 2H/2025 was particularly weak (Result of R$ 339k vs Distributions of R$ 565k), reflecting CRIs in grace periods. Jan-Apr/2026 showed DPU oscillating between R$ 0.0045 and R$ 0.0075 — Apr/26 performed better temporarily due to a higher m-2 IPCA (0.33%) and 22 business days between payment dates, NOT due to structural improvement. Net cash of R$ 9.1M (Mar/26) covers ~300 months at the current burn rate, but only if CRIs continue to perform minimally — any new event (WAM default, new GPK waiver) could deplete it sooner.

Distribution guidance

For 12 months (May/2026 – Apr/2027), the manager projects a distribution of R$ 0.003 to R$ 0.012 per unit per month.

Dividend yield projection

Current DY (12m): 11.03% · Projected DY: 5.5% · reference price R$ 1.02

Will TORD11 keep the dividend?

DPU ranges from R$ 0.0045 to R$ 0.0075 in 2026 — Apr/26 rose temporarily due to a favorable IPCA window + 22 business days; no upward pattern. 2H/2025 closed burning R$ 226k in cash while 1H/2025 (with active grace periods) still generated R$ 127k

12-month average payout of 1.45% · accumulated cash covers about 304 months of distributions · burn of R$ 0.0051 per unit per month.

TORD11 dividends in 2026

In 2026 TORD11 paid R$ 0.04 per unit across 7 periods, averaging R$ 0.01 per month.

PeriodIncome/unitMonthly DYBase priceEx-datePayment
2026-07R$ 0.0070.556%R$ 1.262026-08-072026-08-14
2026-06R$ 0.00962026-07-072026-07-14
2026-05R$ 0.00350.31%R$ 1.132026-06-082026-06-15
2026-04R$ 0.00750.556%R$ 1.352026-05-082026-05-15
2026-03R$ 0.0050.323%R$ 1.552026-04-15
2026-02R$ 0.00450.274%R$ 1.642026-03-13
2026-01R$ 0.0060.355%R$ 1.692026-02-13

TORD11 dividends in 2025

In 2025 TORD11 paid R$ 0.14 per unit across 8 periods, averaging R$ 0.02 per month.

PeriodIncome/unitMonthly DYBase priceEx-datePayment
2025-12R$ 0.0070.368%R$ 1.92026-01-15
2025-11R$ 0.010.485%R$ 2.062025-12-12
2025-10R$ 0.010.435%R$ 2.32025-11-14
2025-09R$ 0.010.323%R$ 3.12025-10-14
2025-08R$ 0.010.319%R$ 3.132025-09-12
2025-07R$ 0.010.309%R$ 3.242025-08-14
2025-06R$ 0.0471.309%R$ 3.592025-07-14
2025-05R$ 0.0361.068%R$ 3.372025-06-13

TORD11 dividends in 2024

In 2024 TORD11 paid R$ 0.0 per unit across 1 periods, averaging R$ 0.0 per month.

PeriodIncome/unitMonthly DYBase priceEx-datePayment
2024-12R$ 0.00490.087%R$ 5.642025-01-15

TORD11 dividends in 2023

In 2023 TORD11 paid R$ 0.05 per unit across 1 periods, averaging R$ 0.05 per month.

PeriodIncome/unitMonthly DYBase priceEx-datePayment
2023-01R$ 0.050.16%R$ 31.322023-02-14

TORD11 dividends in 2022

In 2022 TORD11 paid R$ 1.04 per unit across 11 periods, averaging R$ 0.09 per month.

PeriodIncome/unitMonthly DYBase priceEx-datePayment
2022-12R$ 0.040.095%R$ 42.062023-01-13
2022-11R$ 0.080.185%R$ 43.322022-12-14
2022-10R$ 0.070.147%R$ 47.462022-11-16
2022-09R$ 0.070.144%R$ 48.62022-10-17
2022-08R$ 0.080.165%R$ 48.62022-09-15
2022-06R$ 0.170.327%R$ 51.962022-07-14
2022-05R$ 0.190.346%R$ 54.842022-05-13
2022-04R$ 0.120.219%R$ 54.842022-05-13
2022-03R$ 0.060.112%R$ 53.762022-04-14
2022-02R$ 0.080.151%R$ 53.12022-03-15
2022-01R$ 0.080.142%R$ 56.162022-02-14

TORD11 dividends in 2021

In 2021 TORD11 paid R$ 1.56 per unit across 12 periods, averaging R$ 0.13 per month.

PeriodIncome/unitMonthly DYBase priceEx-datePayment
2021-12R$ 0.082022-01-14
2021-11R$ 0.082021-12-14
2021-10R$ 0.082021-11-16
2021-09R$ 0.22021-10-15
2021-08R$ 0.092021-09-15
2021-07R$ 0.072021-08-13
2021-06R$ 0.0822021-07-15
2021-05R$ 0.112021-06-15
2021-04R$ 0.12021-05-14
2021-03R$ 0.1278272021-04-15
2021-02R$ 0.122021-03-12
2021-01R$ 0.4242021-02-12

TORD11 dividends in 2020

In 2020 TORD11 paid R$ 12.34 per unit across 11 periods, averaging R$ 1.12 per month.

PeriodIncome/unitMonthly DYBase priceEx-datePayment
2020-12R$ 0.1198612021-01-15
2020-11R$ 1.499342020-12-14
2020-10R$ 0.1584052020-11-18
2020-09R$ 0.3304922020-10-19
2020-08R$ 0.1506392020-09-15
2020-07R$ 0.0801672020-08-18
2020-06R$ 0.10154862020-07-14
2020-05R$ 0.08892020-06-16
2020-04R$ 0.111126732020-05-19
2020-03R$ 9.594728692020-03-17
2020-03R$ 0.10422392020-03-17

Payout by half-year

Half-yearPayoutRead
1º Sem 2020100.0%equilibrio
1º Sem 2025287.5%queimou_caixa
2º Sem 202595.9%fez_caixa

Frequently asked questions

What was TORD11's latest dividend?

The latest income announced by TORD11 was R$ 0.007 per unit, paid on 2026-08-14.

Does TORD11 pay monthly dividends?

Yes, TORD11 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 TORD11's dividend yield (DY)?

TORD11's dividend yield is approximately 4.7% based on the income paid over the last 12 months.