VRTA11 Dividends — income history

When does VRTA11 pay the next dividend?

• 2026-05 — R$ 40M pipeline across 2 CRIs: The manager signals 2 operations under review totaling R$ 40M for settlement in the coming months.
• 2026-09 — Risk of DPS adjustment to R$ 0.80: At the current reserve burn rate (~R$ 0.05/unit/month), reserves will be depleted in ~9-12 months. Without sufficient offsetting acquisitions, the manager may adjust the DPS to the floor of the declared range (R$ 0.80).
• 2026-06 — End of the high Selic cycle: The Brazilian Central Bank's Focus survey projects Selic at 11% in 12 months. A 375 bps drop compresses the spread on newly originated CRIs, but benefits the mark-to-market of existing ones (duration 4.6 years).

Income analysis

DPS stable at R$ 0.85/month for 16 months, supported by gradually declining reserves. Without new significant acquisitions, the baseline scenario is an adjustment to R$ 0.80 starting in Q4 2026 or Q1 2027.

Are the dividends sustainable?

The fund is distributing slightly above its earnings (R$ 0.85 vs. R$ 0.80 in cash earnings). Reserves of R$ 0.47/unit cover ~9-12 months at this pace. The manager explicitly stated the R$ 0.80-0.90 range for 1H 2026, acknowledging the possibility of a downward adjustment if reserves are depleted without offsetting new acquisitions.

Distribution guidance

For 1S2026, the manager projects a distribution of R$ 0.8 to R$ 0.9 per unit per month.

Dividend yield projection

Current DY (12m): 12.91% · Projected DY: 12.91% · reference price R$ 69.75

Will VRTA11 keep the dividend?

Moderate and managed reserve burn—the manager guides to a R$ 0.80–0.90 range for the first half of 2026

12-month average payout of 1.06% · accumulated cash covers about 9.0 months of distributions · burn of R$ 0.054 per unit per month.

VRTA11 dividends in 2026

In 2026 VRTA11 paid R$ 5.95 per unit across 7 periods, averaging R$ 0.85 per month.

VRTA11 dividends in 2025

In 2025 VRTA11 paid R$ 10.2 per unit across 12 periods, averaging R$ 0.85 per month.

VRTA11 dividends in 2024

In 2024 VRTA11 paid R$ 10.2 per unit across 12 periods, averaging R$ 0.85 per month.

VRTA11 dividends in 2023

In 2023 VRTA11 paid R$ 9.97 per unit across 12 periods, averaging R$ 0.83 per month.

VRTA11 dividends in 2022

In 2022 VRTA11 paid R$ 11.56 per unit across 12 periods, averaging R$ 0.96 per month.

VRTA11 dividends in 2021

In 2021 VRTA11 paid R$ 10.55 per unit across 12 periods, averaging R$ 0.88 per month.

VRTA11 dividends in 2020

In 2020 VRTA11 paid R$ 8.35 per unit across 12 periods, averaging R$ 0.7 per month.

VRTA11 dividends in 2019

In 2019 VRTA11 paid R$ 10.73 per unit across 12 periods, averaging R$ 0.89 per month.

VRTA11 dividends in 2018

In 2018 VRTA11 paid R$ 10.31 per unit across 12 periods, averaging R$ 0.86 per month.

VRTA11 dividends in 2017

In 2017 VRTA11 paid R$ 8.05 per unit across 10 periods, averaging R$ 0.8 per month.

Payout by half-year

Frequently asked questions

What was VRTA11's latest dividend?

The latest income announced by VRTA11 was R$ 0.85 per unit, paid on 2026-08-14.

Does VRTA11 pay monthly dividends?

Yes, VRTA11 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 VRTA11's dividend yield (DY)?

VRTA11's dividend yield is approximately 13.25% based on the income paid over the last 12 months.

Is VRTA11 high yield?

With a DY near 13.25% per year, VRTA11 is in the high yield REIT range (above ~10% p.a.) — a level that usually comes with more credit or market risk.