XPCM11 Dividends — income history

Income history paid by XP Corporate Macaé FII (XPCM11): record date, amount per unit, payment and dividend yield month by month.

Latest income: R$ 0.0 · 12m DY 0.0% · ≈ R$ 0.0/year

When does XPCM11 pay the next dividend?

  • 2026-05 — Formal Consultation results released: Consultation closed on April 15, 2026; results must be published within up to 30 business days. Determines whether there will be an offering and under what terms.
  • 2026-08 — Potential new capital raise (R$ 5M+): If the Consultation approves, offering likely at a price close to market (R$ 8-10/unit). Material dilution for unitholders who do not subscribe.
  • 2027-04 — Possible resumption of distributions (R$ 0.03-0.05/unit/month): If vacancy drops to ~30% + capex executed + no further negative appraisals, the fund may resume minimum distributions starting in mid-2027 via semiannual cash earnings (distribution base).
  • 2026-12 — Next complete property appraisal — risk of discount rate alignment: Annual appraisal by UHY Bendoraytes. Current discount rate of 10.3% misaligned with Selic at 14.75% — risk of a new negative adjustment of 15-25% if alignment is forced by auditors.

Income analysis

XPCM11's dividend is at a structural zero. This is not a matter of seasonality or short cycles — it is 51% vacancy + accumulated losses of R$ 185.8M that must be addressed with capex and revenue growth.

Are the dividends sustainable?

The audited Dec/25 financial statements confirm that the fund generated positive operating cash flow (+R$ 68 thousand over 5 months), with cash earnings of R$ 90 thousand (minimum to distribute 95% = R$ 86 thousand). However, it retains earnings due to accumulated losses of R$ 185.8M. In Apr/2026, total cash dropped to R$ 404 thousand — roughly 2 months of coverage. Without the Formal Consultation unlocking new capital in the coming weeks, the fund may fall into delinquency with suppliers and managers — pushing toward forced liquidation or an offering at any price.

Distribution guidance

For next 12 months, the manager projects a distribution of R$ 0.0 to R$ 0.0 per unit per month.

Dividend yield projection

Current DY (12m): 0.0% · Projected DY: 0.0% · reference price R$ 7.7

Will XPCM11 keep the dividend?

Cash burn ACCELERATED in Apr/2026 (-R$ 641 thousand in 1 month). 4-month 2026 average = R$ 200 thousand/month — worse than the trend of the 5 months under Urca (Aug-Dec/25), which was positive at +R$ 13 thousand/month. Concerning reversal.

Accumulated cash covers about 2.0 months of distributions · burn of R$ 0.083 per unit per month.

XPCM11 dividends in 2026

In 2026 XPCM11 paid R$ 0.0 per unit across 4 periods, averaging R$ 0.0 per month.

PeriodIncome/unitMonthly DYBase priceEx-datePayment
2026-04R$ 0.0————
2026-03R$ 0.0————
2026-02R$ 0.0————
2026-01R$ 0.0————

XPCM11 dividends in 2025

In 2025 XPCM11 paid R$ 0.0 per unit across 3 periods, averaging R$ 0.0 per month.

PeriodIncome/unitMonthly DYBase priceEx-datePayment
2025-12R$ 0.0————
2025-08R$ 0.0————
2025-06R$ 0.0————

XPCM11 dividends in 2024

In 2024 XPCM11 paid R$ 0.0 per unit across 3 periods, averaging R$ 0.0 per month.

PeriodIncome/unitMonthly DYBase priceEx-datePayment
2024-12R$ 0.0————
2024-06R$ 0.0————
2024-01R$ 0.0————

XPCM11 dividends in 2023

In 2023 XPCM11 paid R$ 0.96 per unit across 12 periods, averaging R$ 0.08 per month.

PeriodIncome/unitMonthly DYBase priceEx-datePayment
2023-12R$ 0.020.198%R$ 10.1—2024-01-15
2023-11R$ 0.070.69%R$ 10.15—2023-12-14
2023-10R$ 0.070.69%R$ 10.15—2023-11-16
2023-09R$ 0.070.674%R$ 10.39—2023-10-16
2023-08R$ 0.070.583%R$ 12.0—2023-09-15
2023-07R$ 0.070.541%R$ 12.94—2023-08-14
2023-06R$ 0.070.527%R$ 13.29—2023-07-14
2023-05R$ 0.080.593%R$ 13.48—2023-06-15
2023-04R$ 0.10.751%R$ 13.31—2023-05-15
2023-03R$ 0.10.8%R$ 12.5—2023-04-17
2023-02R$ 0.120.871%R$ 13.77—2023-03-14
2023-01R$ 0.120.794%R$ 15.12—2023-02-14

XPCM11 dividends in 2022

In 2022 XPCM11 paid R$ 1.92 per unit across 12 periods, averaging R$ 0.16 per month.

PeriodIncome/unitMonthly DYBase priceEx-datePayment
2022-12R$ 0.231.322%R$ 17.4—2023-01-13
2022-11R$ 0.171.185%R$ 14.34—2022-12-14
2022-10R$ 0.150.962%R$ 15.6—2022-11-16
2022-09R$ 0.120.698%R$ 17.18—2022-10-14
2022-08R$ 0.120.553%R$ 21.71—2022-09-15
2022-07R$ 0.120.949%R$ 12.64—2022-08-12
2022-06R$ 0.161.143%R$ 14.0—2022-07-14
2022-05R$ 0.181.125%R$ 16.0—2022-06-14
2022-04R$ 0.181.084%R$ 16.6—2022-05-13
2022-03R$ 0.181.044%R$ 17.24—2022-04-14
2022-02R$ 0.160.944%R$ 16.95—2022-03-15
2022-01R$ 0.150.802%R$ 18.7—2022-02-14

XPCM11 dividends in 2021

In 2021 XPCM11 paid R$ 3.47 per unit across 12 periods, averaging R$ 0.29 per month.

PeriodIncome/unitMonthly DYBase priceEx-datePayment
2021-12R$ 0.110.578%R$ 19.04—2022-01-14
2021-11R$ 0.190.913%R$ 20.8—2021-12-14
2021-10R$ 0.211.08%R$ 19.44—2021-11-12
2021-09R$ 0.210.873%R$ 24.06—2021-10-15
2021-08R$ 0.210.798%R$ 26.32—2021-09-15
2021-07R$ 0.210.652%R$ 32.23—2021-08-13
2021-06R$ 0.410.971%R$ 42.23—2021-07-15
2021-05R$ 0.390.94%R$ 41.51—2021-06-15
2021-04R$ 0.390.968%R$ 40.3—2021-05-14
2021-03R$ 0.380.939%R$ 40.48—2021-04-15
2021-02R$ 0.380.935%R$ 40.64—2021-03-12
2021-01R$ 0.380.834%R$ 45.56—2021-02-12

XPCM11 dividends in 2020

In 2020 XPCM11 paid R$ 11.24 per unit across 12 periods, averaging R$ 0.94 per month.

PeriodIncome/unitMonthly DYBase priceEx-datePayment
2020-12R$ 1.322.563%R$ 51.5—2021-01-15
2020-11R$ 0.972.021%R$ 48.02020-11-302020-12-14
2020-10R$ 0.971.574%R$ 61.622020-10-302020-11-16
2020-09R$ 0.971.628%R$ 59.592020-09-302020-10-15
2020-08R$ 0.971.672%R$ 58.012020-08-312020-09-15
2020-07R$ 0.971.626%R$ 59.642020-07-312020-08-14
2020-06R$ 0.851.343%R$ 63.282020-06-302020-07-15
2020-05R$ 0.851.349%R$ 63.02020-05-292020-06-15
2020-04R$ 0.851.498%R$ 56.752020-04-302020-05-15
2020-03R$ 0.851.906%R$ 44.62020-03-312020-04-15
2020-02R$ 0.841.405%R$ 59.82020-02-282020-03-13
2020-01R$ 0.831.29%R$ 64.352020-01-312020-02-14

XPCM11 dividends in 2019

In 2019 XPCM11 paid R$ 10.04 per unit across 12 periods, averaging R$ 0.84 per month.

PeriodIncome/unitMonthly DYBase priceEx-datePayment
2019-12R$ 0.811.066%R$ 76.02019-12-302020-01-15
2019-11R$ 0.811.069%R$ 75.82019-11-292019-12-13
2019-10R$ 0.811.303%R$ 62.182019-10-312019-11-14
2019-09R$ 0.811.381%R$ 58.672019-09-302019-10-14
2019-08R$ 0.851.46%R$ 58.222019-08-302019-09-13
2019-07R$ 0.851.426%R$ 59.622019-07-312019-08-14
2019-06R$ 0.850.829%R$ 102.52019-06-282019-07-15
2019-05R$ 0.850.876%R$ 97.02019-05-312019-06-14
2019-04R$ 0.850.89%R$ 95.52019-04-302019-05-15
2019-03R$ 0.850.878%R$ 96.792019-03-292019-04-12
2019-02R$ 0.850.917%R$ 92.682019-02-282019-03-18
2019-01R$ 0.850.865%R$ 98.312019-01-312019-02-14

XPCM11 dividends in 2018

In 2018 XPCM11 paid R$ 9.51 per unit across 12 periods, averaging R$ 0.79 per month.

PeriodIncome/unitMonthly DYBase priceEx-datePayment
2018-12R$ 0.850.895%R$ 95.012018-12-282019-01-15
2018-11R$ 0.860.913%R$ 94.152018-11-302018-12-14
2018-10R$ 0.780.841%R$ 92.82018-10-312018-11-16
2018-09R$ 0.780.86%R$ 90.752018-09-282018-10-15
2018-08R$ 0.780.864%R$ 90.332018-08-312018-09-17
2018-07R$ 0.780.857%R$ 91.02018-07-312018-08-14
2018-06R$ 0.780.851%R$ 91.632018-06-292018-07-16
2018-05R$ 0.780.814%R$ 95.872018-05-302018-06-14
2018-04R$ 0.780.792%R$ 98.52018-04-302018-05-15
2018-03R$ 0.780.792%R$ 98.52018-03-292018-04-13
2018-02R$ 0.780.796%R$ 98.02018-02-282018-03-14
2018-01R$ 0.780.792%R$ 98.52018-01-312018-02-15

XPCM11 dividends in 2017

In 2017 XPCM11 paid R$ 9.38 per unit across 12 periods, averaging R$ 0.78 per month.

PeriodIncome/unitMonthly DYBase priceEx-datePayment
2017-12R$ 0.780.791%R$ 98.592017-12-282018-01-15
2017-11R$ 0.780.792%R$ 98.452017-11-302017-12-14
2017-10R$ 0.780.792%R$ 98.432017-10-312017-11-16
2017-09R$ 0.780.784%R$ 99.482017-09-292017-10-16
2017-08R$ 0.780.866%R$ 90.052017-08-312017-09-15
2017-07R$ 0.780.873%R$ 89.32017-07-312017-08-14
2017-06R$ 0.80.903%R$ 88.62017-06-302017-07-14
2017-05R$ 0.780.876%R$ 89.02017-05-312017-06-14
2017-04R$ 0.780.918%R$ 84.952017-04-282017-05-15
2017-03R$ 0.780.908%R$ 85.942017-03-312017-04-17
2017-02R$ 0.780.915%R$ 85.242017-02-242017-03-14
2017-01R$ 0.780.867%R$ 90.02017-01-312017-02-14

XPCM11 dividends in 2016

In 2016 XPCM11 paid R$ 0.81 per unit across 1 periods, averaging R$ 0.81 per month.

PeriodIncome/unitMonthly DYBase priceEx-datePayment
2016-12R$ 0.810.909%R$ 89.12016-12-292017-01-13

Payout by half-year

Half-yearPayoutRead
1º Sem 2021—fez_caixa
2º Sem 2021—queimou_caixa
1º Sem 2022—queimou_caixa
2º Sem 2022—queimou_caixa
1º Sem 2023—queimou_caixa
2º Sem 2023—queimou_caixa
1º Sem 2024—queimou_caixa
2º Sem 2024—queimou_caixa
1º Sem 2025—queimou_caixa
2º Sem 20250%fez_caixa
1º Sem 2026—queimou_caixa

Frequently asked questions

What was XPCM11's latest dividend?

The latest income announced by XPCM11 was R$ 0.0 per unit.

Does XPCM11 pay monthly dividends?

Yes, XPCM11 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 XPCM11's dividend yield (DY)?

XPCM11's dividend yield is approximately 0.0% based on the income paid over the last 12 months.