VGHF11 Dividends — income history

Income history paid by Valora Hedge Fund FII (VGHF11): record date, amount per unit, payment and dividend yield month by month.

Latest income: R$ 0.06 · paid on 2026-08-07 · 12m DY 12.45% · ≈ R$ 0.84/year

When does VGHF11 pay the next dividend?

  • 2026-09 — Results of the 6th public offering of R$ 1.2B: Variable: could increase DPU by R$ 0.005-0.01 if successfully executed
  • 2026-12 — Manhattan 161S CRI—recovery via collateral enforcement (timeline uncertain): Recovery of ~R$ 23M (outstanding balance) or more if collateral yields a surplus. No carry from CDI + 5.7% while the process is ongoing.
  • 2027-06 — Potential recovery of Selina CRIs (possible scenario): Positive accounting revaluation, with no direct impact on DPU
  • 2026-08 — Risk of DPU reduction to R$ 0.06 if the NTN-B curve widens by +100 bps: Stress scenario—not the baseline scenario

Income analysis

DPU is range-bound. Catalysts are limited—depends on the 6th offering and the NTN-B cycle. Continuous book value decline is a warning sign.

Are the dividends sustainable?

The DPU of R$ 0.07/unit is maintained through distributable earnings (cash accounting), but the accounting result has been negative for 3 consecutive months, with losses accelerating (-R$ 14.1M in May/26 vs. -R$ 8.3M in Apr/26).

Net cash is NEGATIVE at R$ 31.4M due to reverse repurchase agreements (R$ 43.3M). Gross cash improved to R$ 21.9M.

Accumulated distributable reserves fell to R$ 167k (R$ 0.01/unit)—virtually zero. If distributable earnings remain below R$ 11.53M, the manager will need to reduce the DPU to avoid drawing down principal.

Distribution guidance

For next 6 months, the manager projects a distribution of R$ 0.06 to R$ 0.08 per unit per month.

Dividend yield projection

Current DY (12m): 14.14% · Projected DY: 14.14% · reference price R$ 5.12

Will VGHF11 keep the dividend?

DPU stabilized at R$ 0.07 since Nov/2025, but accounting results were negative in March, April, and May/26 with worsening losses. Reserves are nearly depleted.

12-month average payout of 1.02% · burn of R$ 0 per unit per month.

VGHF11 dividends in 2026

In 2026 VGHF11 paid R$ 0.48 per unit across 7 periods, averaging R$ 0.07 per month.

PeriodIncome/unitMonthly DYBase priceEx-datePayment
2026-07R$ 0.061.022%R$ 5.872026-07-312026-08-07
2026-06R$ 0.071.161%R$ 6.032026-06-302026-07-07
2026-05R$ 0.071.124%R$ 6.232026-05-292026-06-08
2026-04R$ 0.071.029%R$ 6.82026-04-302026-05-08
2026-03R$ 0.071.003%R$ 6.982026-04-08
2026-02R$ 0.070.987%R$ 7.092026-03-06
2026-01R$ 0.070.982%R$ 7.132026-02-06

VGHF11 dividends in 2025

In 2025 VGHF11 paid R$ 1.02 per unit across 12 periods, averaging R$ 0.09 per month.

PeriodIncome/unitMonthly DYBase priceEx-datePayment
2025-12R$ 0.070.97%R$ 7.222026-01-08
2025-11R$ 0.070.992%R$ 7.062025-12-05
2025-10R$ 0.070.951%R$ 7.362025-11-07
2025-09R$ 0.081.057%R$ 7.572025-10-07
2025-08R$ 0.091.175%R$ 7.662025-09-05
2025-07R$ 0.091.187%R$ 7.582025-08-07
2025-06R$ 0.11.289%R$ 7.762025-07-07
2025-05R$ 0.091.169%R$ 7.72025-06-06
2025-04R$ 0.091.189%R$ 7.572025-05-08
2025-03R$ 0.091.218%R$ 7.392025-04-07
2025-02R$ 0.091.215%R$ 7.412025-03-11
2025-01R$ 0.091.312%R$ 6.862025-02-07

VGHF11 dividends in 2024

In 2024 VGHF11 paid R$ 1.08 per unit across 12 periods, averaging R$ 0.09 per month.

PeriodIncome/unitMonthly DYBase priceEx-datePayment
2024-12R$ 0.091.203%R$ 7.482025-01-08
2024-11R$ 0.091.25%R$ 7.22024-12-06
2024-10R$ 0.091.145%R$ 7.862024-11-07
2024-09R$ 0.081.009%R$ 7.932024-10-07
2024-08R$ 0.091.018%R$ 8.842024-09-06
2024-07R$ 0.091.034%R$ 8.72024-08-07
2024-06R$ 0.091.024%R$ 8.792024-07-05
2024-05R$ 0.090.991%R$ 9.082024-06-07
2024-04R$ 0.090.999%R$ 9.012024-05-08
2024-03R$ 0.080.874%R$ 9.152024-04-05
2024-02R$ 0.11.075%R$ 9.32024-03-07
2024-01R$ 0.11.07%R$ 9.352024-02-07

VGHF11 dividends in 2023

In 2023 VGHF11 paid R$ 1.3 per unit across 12 periods, averaging R$ 0.11 per month.

PeriodIncome/unitMonthly DYBase priceEx-datePayment
2023-12R$ 0.12024-01-08
2023-11R$ 0.112023-12-07
2023-10R$ 0.12023-11-08
2023-09R$ 0.12023-10-06
2023-08R$ 0.122023-09-08
2023-07R$ 0.122023-08-07
2023-06R$ 0.122023-07-07
2023-05R$ 0.112023-06-07
2023-04R$ 0.122023-05-08
2023-03R$ 0.12023-04-10
2023-02R$ 0.12023-03-07
2023-01R$ 0.12023-02-07

VGHF11 dividends in 2022

In 2022 VGHF11 paid R$ 1.24 per unit across 12 periods, averaging R$ 0.1 per month.

PeriodIncome/unitMonthly DYBase priceEx-datePayment
2022-12R$ 0.092023-01-06
2022-11R$ 0.12022-12-07
2022-10R$ 0.092022-11-08
2022-09R$ 0.092022-10-07
2022-08R$ 0.122022-09-08
2022-07R$ 0.122022-08-05
2022-06R$ 0.02947225514455152022-07-07
2022-05R$ 0.142022-06-07
2022-04R$ 0.132022-05-06
2022-03R$ 0.009908632022-04-07
2022-02R$ 0.162022-03-08
2022-01R$ 0.162022-02-07

VGHF11 dividends in 2021

In 2021 VGHF11 paid R$ 0.99 per unit across 10 periods, averaging R$ 0.1 per month.

PeriodIncome/unitMonthly DYBase priceEx-datePayment
2021-12R$ 0.182022-01-07
2021-11R$ 0.041326362021-12-07
2021-10R$ 0.014451462021-11-08
2021-09R$ 0.132021-10-07
2021-08R$ 0.122021-09-08
2021-07R$ 0.122021-08-06
2021-06R$ 0.132021-07-07
2021-05R$ 0.12021-06-08
2021-04R$ 0.082021-05-08
2021-03R$ 0.072021-04-08

Payout by half-year

Half-yearPayoutRead
1º Sem 2026100.7%equilibrio

Frequently asked questions

What was VGHF11's latest dividend?

The latest income announced by VGHF11 was R$ 0.06 per unit, paid on 2026-08-07.

Does VGHF11 pay monthly dividends?

Yes, VGHF11 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 VGHF11's dividend yield (DY)?

VGHF11's dividend yield is approximately 12.45% based on the income paid over the last 12 months.

Is VGHF11 high yield?

With a DY near 12.45% per year, VGHF11 is in the high yield REIT range (above ~10% p.a.) — a level that usually comes with more credit or market risk.