Fundo DE Investimento Imobiliario Votorantim Shopping (BSP:VSHO11) Forward Dividend Yield %: 11.33% (As of Jul. 17, 2026)

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Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
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BSP:VSHO11 Fundo DE Investimento Imobiliario Votorantim Shopping BSP:VSHO11
78 GF Score
Price R$73.77
GF Value R$86.51
Valuation Modestly Undervalued
! 2 Warning Signs
View Full Analysis

What is Fundo DE Investimento Imobiliario Votorantim Shopping Forward Dividend Yield %?

Fundo DE Investimento Imobiliario Votorantim Shopping BSP:VSHO11 -0.50% 78 Forward Dividend Yield % is 11.33% as of Jul. 17, 2026. GuruFocus rates BSP:VSHO11 with a GF Score™ of 78/100 and a GF Value™ of R$86.51 (Modestly Undervalued). The stock has 2 warning signs investors should review. Among 855 REITs companies, Fundo DE Investimento Imobiliario Votorantim Shopping ranks better than 74.62% on this metric.

As of today (2026-07-17), the Forward Annual Dividend Yield of Fundo DE Investimento Imobiliario Votorantim Shopping is 11.33%.

As of today (2026-07-17), the Trailing Annual Dividend Yield of Fundo DE Investimento Imobiliario Votorantim Shopping is 11.01%.

BSP:VSHO11's Forward Dividend Yield % is ranked better than
74.62% of 855 companies
in the REITs industry
Industry Median: 6.91 vs BSP:VSHO11: 11.33

Fundo DE Investimento Imobiliario Votorantim Shopping's Dividends per Share for the six months ended in Jun. 2025 was R$8.29.

During the past 12 months, Fundo DE Investimento Imobiliario Votorantim Shopping's average Dividends Per Share Growth Rate was 2.00% per year. During the past 3 years, the average Dividends Per Share Growth Rate was 48.70% per year.

During the past 7 years, the highest 3-Year average Dividends Per Share Growth Rate of Fundo DE Investimento Imobiliario Votorantim Shopping was 48.70% per year. The lowest was 48.70% per year. And the median was 48.70% per year.

The growth rate is calculated with least square regression.

For more information regarding to dividend, please check our Dividend Page.


Fundo DE Investimento Imobiliario Votorantim Shopping  (BSP:VSHO11) Forward Dividend Yield % Explanation

Over the long term, the return from dividends has been a significant contributor to the total returns produced by equity securities. Studies by Elroy Dimson, Paul Marsh, and Mike Staunton of Princeton University (2002) found that a market-oriented portfolio, which included reinvested dividends, would have generated nearly 85 times the wealth generated by the same portfolio relying solely on capital gains.

Dividends may also qualify a lower tax rate for investors.

In dividends investing, Payout Ratio and Dividend Growth Rate are the two most important variables for consideration. A lower payout ratio may indicate that the company has more room to increase its dividends.

You can find the stocks that owned most by Gurus here. Or you can check out Warren Buffett's highest dividend stocks here.


Fundo DE Investimento Imobiliario Votorantim Shopping Forward Dividend Yield % Related Terms


BSP:VSHO11 vs SPG, O, KIM: Forward Dividend Yield % Comparison

For the REIT - Retail subindustry, Fundo DE Investimento Imobiliario Votorantim Shopping's Forward Dividend Yield %, along with its competitors' market caps and Forward Dividend Yield % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Fundo DE Investimento Imobiliario Votorantim Shopping Forward Dividend Yield % vs REITs Industry

For the REITs industry and Real Estate sector, Fundo DE Investimento Imobiliario Votorantim Shopping's Forward Dividend Yield % distribution charts can be found below:

* The bar in red indicates where Fundo DE Investimento Imobiliario Votorantim Shopping's Forward Dividend Yield % falls into.


BSP:VSHO11
78GF Score
Fundo DE Investimento Imobiliario Votorantim Shopping BSP:VSHO11
Forward Dividend Yield % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Fundo DE Investimento Imobiliario Votorantim Shopping Forward Dividend Yield % Calculation

Dividend Yield measures how much a company pays out in dividends each year relative to its share price.

Fundo DE Investimento Imobiliario Votorantim Shopping Recent Full-Year* Dividend History

Amount Ex-date Record Date Pay Date Type Frequency Forex Rate
BRL 0.7000002026-07-012026-06-302026-07-08Cash DividendmonthlyBRL:BRL 1.000000
BRL 0.7000002026-06-012026-05-292026-06-09Cash DividendmonthlyBRL:BRL 1.000000
BRL 0.7000002026-05-042026-04-302026-05-11Cash DividendmonthlyBRL:BRL 1.000000
BRL 0.7000002026-04-012026-03-312026-04-09Cash DividendmonthlyBRL:BRL 1.000000
BRL 0.7000002026-03-022026-02-272026-03-09Cash DividendmonthlyBRL:BRL 1.000000
BRL 0.6800002026-02-022026-01-302026-02-09Cash DividendmonthlyBRL:BRL 1.000000
BRL 0.9500002026-01-022025-12-302026-01-09Cash DividendmonthlyBRL:BRL 1.000000
BRL 0.8000002025-12-012025-11-282025-12-08Cash DividendmonthlyBRL:BRL 1.000000
BRL 0.7000002025-11-032025-10-312025-11-10Cash DividendmonthlyBRL:BRL 1.000000
BRL 0.6000002025-10-012025-09-302025-10-08Cash DividendmonthlyBRL:BRL 1.000000
BRL 0.4700002025-09-012025-08-292025-09-08Cash DividendmonthlyBRL:BRL 1.000000
BRL 0.4600002025-08-012025-07-312025-08-08Cash DividendmonthlyBRL:BRL 1.000000

* GuruFocus has an internal rule that if the most recent dividend payment frequency is at least 4 times a year, then the full year will be calculated according to the frequency of payment or the one-year time frame, whichever is stricter.
* GuruFocus converts dividend currency to local traded share price currency in order to calculate dividend yield. Please refer to the last column "Forex Rate" in the above table.

Fundo DE Investimento Imobiliario Votorantim Shopping's Forward Annual Dividend Yield (%) for Today is calculated as

Forward Annual Dividend Yield=Forward Full Year Dividend/Current Share Price
=8.4/73.77
=11.39 %

Current Share Price is R$73.77.
Fundo DE Investimento Imobiliario Votorantim Shopping's Dividends per Share for the forward twelve months is calculated as R$0.7 * 12 = R$8.4.

Fundo DE Investimento Imobiliario Votorantim Shopping's Trailing Annual Dividend Yield (%) for Today is calculated as

Trailing Annual Dividend Yield=Most Recent Full Year Dividend/Current Share Price
=8.16/73.77
=11.06 %

Current Share Price is R$73.77.
Fundo DE Investimento Imobiliario Votorantim Shopping's Dividends per Share for the trailing twelve months (TTM) ended in Today is R$8.16.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

What does a Forward Dividend Yield % of 11.33% mean?
Fundo DE Investimento Imobiliario Votorantim Shopping (BSP:VSHO11) has a Forward Dividend Yield % of 11.33% as of Jul. 17, 2026. Forward dividend yield is the ratio of company's expected dividends to the share price. View historical data on Fundo DE Investimento Imobiliario Votorantim Shopping and its competitors. According to the industry distribution chart, Fundo DE Investimento Imobiliario Votorantim Shopping ranks #217 out of 855 companies in the REITs industry, placing it in the top 25.4%.
Is Fundo DE Investimento Imobiliario Votorantim Shopping's Forward Dividend Yield % too high?
Fundo DE Investimento Imobiliario Votorantim Shopping's current Forward Dividend Yield % is 11.33%. The REITs industry median Forward Dividend Yield % is 6.91. Fundo DE Investimento Imobiliario Votorantim Shopping's value of 11.33% is 64% above this industry median. Based on the distribution chart, Fundo DE Investimento Imobiliario Votorantim Shopping ranks #217 out of 855 companies in the REITs industry, which is above the industry midpoint. Overall, Fundo DE Investimento Imobiliario Votorantim Shopping has a GF Score™ of 78/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Fundo DE Investimento Imobiliario Votorantim Shopping's Forward Dividend Yield % compare to SPG and O?
According to the REITs industry distribution chart, Fundo DE Investimento Imobiliario Votorantim Shopping ranks #217 out of 855 companies for Forward Dividend Yield %. This puts Fundo DE Investimento Imobiliario Votorantim Shopping in the upper half of its industry. The industry median Forward Dividend Yield % is 6.91. Fundo DE Investimento Imobiliario Votorantim Shopping's value of 11.33% is 64% above this benchmark. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Forward Dividend Yield % for a REITs company?
The median Forward Dividend Yield % among REITs companies is 6.91, based on 855 companies in the industry. Companies in the top quartile (top 25%) have a Forward Dividend Yield % significantly above this median, while those in the bottom quartile fall well below. However, Forward Dividend Yield % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Fundo DE Investimento Imobiliario Votorantim Shopping's current Forward Dividend Yield % of 11.33% is 64% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Forward Dividend Yield % mean?
A high Forward Dividend Yield % can signal that a stock is expensive relative to its fundamentals. Forward dividend yield is the ratio of company's expected dividends to the share price. View historical data on Fundo DE Investimento Imobiliario Votorantim Shopping and its competitors. For the REITs industry, the median Forward Dividend Yield % is 6.91 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Fundo DE Investimento Imobiliario Votorantim Shopping's current Forward Dividend Yield % is 11.33%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Fundo DE Investimento Imobiliario Votorantim Shopping stock overvalued right now?
Based on GuruFocus' analysis, Fundo DE Investimento Imobiliario Votorantim Shopping (BSP:VSHO11) is currently considered Modestly Undervalued. The stock's GF Value™ is R$86.51, compared to a current price of R$73.77 — trading 14.7% below its estimated fair value. The current Forward Dividend Yield % is 11.33% and 64% above the REITs industry median of 6.91. Fundo DE Investimento Imobiliario Votorantim Shopping's overall GF Score™ is 78/100 with 2 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Forward Dividend Yield % calculated?
Forward Dividend Yield % is calculated from a company's financial statements. For Fundo DE Investimento Imobiliario Votorantim Shopping (BSP:VSHO11), the current Forward Dividend Yield % is 11.33% as of Jul. 17, 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Fundo DE Investimento Imobiliario Votorantim Shopping (BSP:VSHO11) Overvalued in 2026?

Based on GuruFocus' analysis, Fundo DE Investimento Imobiliario Votorantim Shopping stock appears to be undervalued. The current stock price of R$73.77 is trading 14.7% below its estimated GF Value™ of R$86.51. GuruFocus considers Fundo DE Investimento Imobiliario Votorantim Shopping to be Modestly Undervalued.

Key valuation signals for BSP:VSHO11:

  • Forward Dividend Yield %: 11.33%
  • GF Value™: R$86.51 vs. price of R$73.77 (14.7% below fair value)
  • GF Score™: 78/100 with 2 warning signs
  • Industry Position: 64% above the REITs median (#217 of 855)

No single metric tells the full story. See the BSP:VSHO11 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Fundo DE Investimento Imobiliario Votorantim Shopping Business Description

Industry Real EstateREITs
Address Avenida FARIA LIMA, 4300, 7th Floor, Sao Paulo, SP, BRA, 4538132
Fundo DE Investimento Imobiliario Votorantim Shopping is a closed-end fund with an indefinite term, divided into registered, book-entry shares that correspond to ideal fractions of its assets. The fund's objective is to provide shareholders with returns on their investment through the partial or total acquisition of real estate, real rights over real estate, including shares, units of special purpose entities or units of real estate investment funds, for the purpose of commercial exploitation of real estate ventures related to shopping centers and related activities, such as strip malls, outlets or power centers.
78GF Score

Get the complete analysis for BSP:VSHO11

Forward Dividend Yield % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

R$73.77
Price
R$86.51
GF Value