Fundo Investimento Imobiliario SC 401 (BSP:FISC11) 3-Year Dividend Growth Rate: 75.40% (As of Dec. 2025) — Near Median

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
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.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

BSP:FISC11 Fundo Investimento Imobiliario SC 401 BSP:FISC11
71 GF Score
Price R$67.23
GF Value R$97.09
Valuation Significantly Undervalued
! 3 Warning Signs
View Full Analysis

What is Fundo Investimento Imobiliario SC 401 3-Year Dividend Growth Rate?

Fundo Investimento Imobiliario SC 401 BSP:FISC11 71 3-Year Dividend Growth Rate is 75.40% as of Dec. 2025, which is at its 10-year median of 75.40. GuruFocus rates BSP:FISC11 with a GF Score™ of 71/100 and a GF Value™ of R$97.09 (Significantly Undervalued). The stock has 3 warning signs investors should review. Among 626 REITs companies, Fundo Investimento Imobiliario SC 401 ranks better than 96.65% on this metric.

Fundo Investimento Imobiliario SC 401's Dividends per Share for the six months ended in Dec. 2025 was R$5.88.

The historical rank and industry rank for Fundo Investimento Imobiliario SC 401's 3-Year Dividend Growth Rate or its related term are showing as below:

BSP:FISC11' s 3-Year Dividend Growth Rate Range Over the Past 10 Years
Min: 75.4   Med: 75.4   Max: 75.4
Current: 75.4

During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of Fundo Investimento Imobiliario SC 401 was 75.40% per year. The lowest was 75.40% per year. And the median was 75.40% per year.

BSP:FISC11's 3-Year Dividend Growth Rate is ranked better than
96.65% of 626 companies
in the REITs industry
Industry Median: 2.7 vs BSP:FISC11: 75.40

During the past 12 months, Fundo Investimento Imobiliario SC 401's average Dividends Per Share Growth Rate was 19.50% per year. During the past 3 years, the average Dividends Per Share Growth Rate was 75.40% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the average dividends per share growth rate.

Fundo Investimento Imobiliario SC 401's Dividend Payout Ratio for the six months ended in Dec. 2025 was 1.74. As of today, Fundo Investimento Imobiliario SC 401's Dividend Yield % is 10.31%.

Warning Sign:

If a company's dividend payout ratio is too high, its dividend may not be sustainable. The dividend payout ratio of Fundo Investimento Imobiliario SC 401 is 1.73, which seems too high.

Good Sign:

Fundo Investimento Imobiliario SC 401 stock Dividend Yield % is close to 5-year high.

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


Fundo Investimento Imobiliario SC 401  (BSP:FISC11) 3-Year Dividend Growth Rate Explanation

1. Dividend Payout Ratio measures the percentage of the company's earnings paid out as dividends.

Fundo Investimento Imobiliario SC 401's Dividend Payout Ratio for the quarter that ended in Dec. 2025 is calculated as

Dividend Payout Ratio=Dividends per Share (Q: Dec. 2025 )/ EPS without NRI (Q: Dec. 2025 )
=5.88/ 3.39
=1.73

During the past 13 years, the highest Dividend Payout Ratio of Fundo Investimento Imobiliario SC 401 was 1.74. The lowest was 0.44. And the median was 0.76.

Warning Sign:

If a company's dividend payout ratio is too high, its dividend may not be sustainable. The dividend payout ratio of Fundo Investimento Imobiliario SC 401 is 1.73, which seems too high.

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

Fundo Investimento Imobiliario SC 401 Recent Full-Year* Dividend History

Amount Ex-date Record Date Pay Date Type Frequency Forex Rate
BRL 0.6000002026-07-072026-07-062026-07-15Cash DividendmonthlyBRL:BRL 1.000000
BRL 0.6200002026-06-082026-06-052026-06-15Cash DividendmonthlyBRL:BRL 1.000000
BRL 0.5400002026-05-082026-05-072026-05-15Cash DividendmonthlyBRL:BRL 1.000000
BRL 0.6200002026-04-082026-04-072026-04-15Cash DividendmonthlyBRL:BRL 1.000000
BRL 0.5600002026-03-062026-03-052026-03-13Cash DividendmonthlyBRL:BRL 1.000000
BRL 0.5600002026-02-062026-02-052026-02-13Cash DividendmonthlyBRL:BRL 1.000000
BRL 0.5800002026-01-082026-01-072026-01-15Cash DividendmonthlyBRL:BRL 1.000000
BRL 0.5700002025-12-052025-12-042025-12-12Cash DividendmonthlyBRL:BRL 1.000000
BRL 0.6500002025-11-072025-11-062025-11-14Cash DividendmonthlyBRL:BRL 1.000000
BRL 0.6000002025-10-072025-10-062025-10-14Cash DividendmonthlyBRL:BRL 1.000000
BRL 0.5300002025-09-052025-09-042025-09-12Cash DividendmonthlyBRL:BRL 1.000000
BRL 0.5000002025-08-072025-08-062025-08-14Cash 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 Investimento Imobiliario SC 401's Dividend Yield (%) for Today is calculated as

Dividend Yield %=Most Recent Full Year Dividend/Current Share Price
=6.93/67.23
=10.31 %

Current Share Price is R$67.23.
Fundo Investimento Imobiliario SC 401's Dividends per Share for the trailing twelve months (TTM) ended in Today is R$6.93.

During the past 13 years, the highest Dividend Yield of Fundo Investimento Imobiliario SC 401 was 10.88%. The lowest was 0.66%. And the median was 6.83%.

Good Sign:

Fundo Investimento Imobiliario SC 401 stock Dividend Yield % is close to 5-year high.

* 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.


Fundo Investimento Imobiliario SC 401 3-Year Dividend Growth Rate Related Terms>


BSP:FISC11 vs VICI, WPC: 3-Year Dividend Growth Rate Comparison

For the REIT - Diversified subindustry, Fundo Investimento Imobiliario SC 401's 3-Year Dividend Growth Rate, along with its competitors' market caps and 3-Year Dividend Growth Rate 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 Investimento Imobiliario SC 401 3-Year Dividend Growth Rate vs REITs Industry

For the REITs industry and Real Estate sector, Fundo Investimento Imobiliario SC 401's 3-Year Dividend Growth Rate distribution charts can be found below:

* The bar in red indicates where Fundo Investimento Imobiliario SC 401's 3-Year Dividend Growth Rate falls into.


BSP:FISC11
71GF Score
Fundo Investimento Imobiliario SC 401 BSP:FISC11
3-Year Dividend Growth Rate is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Fundo Investimento Imobiliario SC 401 3-Year Dividend Growth Rate Calculation

This is the average annual rate that a company has been raising its dividends. The growth rate is calculated with expontential compound based on the latest four year annual data.

Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the average dividends per share growth rate.

What does a 3-Year Dividend Growth Rate of 75.40% mean?
Fundo Investimento Imobiliario SC 401 (BSP:FISC11) has a 3-Year Dividend Growth Rate of 75.40% as of Dec. 2025. 3-Year Dividend Growth Rate is the company's three-year average growth of dividend payout. View historical data on Fundo Investimento Imobiliario SC 401 and its competitors. This is near median its historical median of 75.40. Over the past decade, Fundo Investimento Imobiliario SC 401's 3-Year Dividend Growth Rate has ranged from 75.40 to 75.40. According to the industry distribution chart, Fundo Investimento Imobiliario SC 401 ranks #21 out of 626 companies in the REITs industry, placing it in the top 3.4%.
Is Fundo Investimento Imobiliario SC 401's 3-Year Dividend Growth Rate too high?
Fundo Investimento Imobiliario SC 401's current 3-Year Dividend Growth Rate of 75.40% is near median its 10-year median of 75.40. Over the past 10 years, this metric has ranged from a low of 75.40 to a high of 75.40. The REITs industry median 3-Year Dividend Growth Rate is 2.70. Fundo Investimento Imobiliario SC 401's value of 75.40% is 2692.6% above this industry median. Based on the distribution chart, Fundo Investimento Imobiliario SC 401 ranks #21 out of 626 companies in the REITs industry, which is in the top quartile — a strong position relative to peers. Overall, Fundo Investimento Imobiliario SC 401 has a GF Score™ of 71/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Fundo Investimento Imobiliario SC 401's 3-Year Dividend Growth Rate compare to VICI and WPC?
According to the REITs industry distribution chart, Fundo Investimento Imobiliario SC 401 ranks #21 out of 626 companies for 3-Year Dividend Growth Rate. This places Fundo Investimento Imobiliario SC 401 in the top 3% of its industry — outperforming the majority of peers. The industry median 3-Year Dividend Growth Rate is 2.70. Fundo Investimento Imobiliario SC 401's value of 75.40% is 2692.6% above this benchmark. Historically, Fundo Investimento Imobiliario SC 401's own 3-Year Dividend Growth Rate has ranged from 75.40 to 75.40 over the past decade. While the company's 10-year median is 75.40 vs. the industry median of 2.70, Fundo Investimento Imobiliario SC 401 has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good 3-Year Dividend Growth Rate for a REITs company?
The median 3-Year Dividend Growth Rate among REITs companies is 2.70, based on 626 companies in the industry. Companies in the top quartile (top 25%) have a 3-Year Dividend Growth Rate significantly above this median, while those in the bottom quartile fall well below. However, 3-Year Dividend Growth Rate should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Fundo Investimento Imobiliario SC 401's current 3-Year Dividend Growth Rate of 75.40% is 2692.6% 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 3-Year Dividend Growth Rate mean?
A high 3-Year Dividend Growth Rate can signal that a stock is expensive relative to its fundamentals. 3-Year Dividend Growth Rate is the company's three-year average growth of dividend payout. View historical data on Fundo Investimento Imobiliario SC 401 and its competitors. For the REITs industry, the median 3-Year Dividend Growth Rate is 2.70 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Fundo Investimento Imobiliario SC 401's current 3-Year Dividend Growth Rate is 75.40%, which is near median its own 10-year median of 75.40. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Fundo Investimento Imobiliario SC 401 stock overvalued right now?
Based on GuruFocus' analysis, Fundo Investimento Imobiliario SC 401 (BSP:FISC11) is currently considered Significantly Undervalued. The stock's GF Value™ is R$97.09, compared to a current price of R$67.23 — trading 30.8% below its estimated fair value. The current 3-Year Dividend Growth Rate is 75.40%, which is near median its 10-year median of 75.40 and 2692.6% above the REITs industry median of 2.70. Fundo Investimento Imobiliario SC 401's overall GF Score™ is 71/100 with 3 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is 3-Year Dividend Growth Rate calculated?
3-Year Dividend Growth Rate is calculated from a company's financial statements. For Fundo Investimento Imobiliario SC 401 (BSP:FISC11), the current 3-Year Dividend Growth Rate is 75.40% as of Dec. 2025. 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 Investimento Imobiliario SC 401 (BSP:FISC11) Overvalued in 2026?

Based on GuruFocus' analysis, Fundo Investimento Imobiliario SC 401 stock appears to be undervalued. The current stock price of R$67.23 is trading 30.8% below its estimated GF Value™ of R$97.09. GuruFocus considers Fundo Investimento Imobiliario SC 401 to be Significantly Undervalued.

Key valuation signals for BSP:FISC11:

  • 3-Year Dividend Growth Rate: 75.40% (near median its 10-year median of 75.40)
  • GF Value™: R$97.09 vs. price of R$67.23 (30.8% below fair value)
  • GF Score™: 71/100 with 3 warning signs
  • Industry Position: 2692.6% above the REITs median (#21 of 626)

No single metric tells the full story. See the BSP:FISC11 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Fundo Investimento Imobiliario SC 401 Business Description

Industry Real EstateREITs
Address RUA SURUBIM, 577 - 10th Floor - CJ. 101, CIDADE MONCOES, SAO PAULO, SP, BRA, 4571050
Fundo Investimento Imobiliario SC 401 is a structured fund operated by UNITS BR-CAPITAL. The fund owns stores and office complexes for the lease of Square SC, a multipurpose development located in Florianopolis/SC, and Mall W Tower, a mall located in Caxias do Sul/RS. The fund owns stores and corporate offices in Square SC, in addition to owning the rotating parking lot and owns stores in the Mall W Tower and the rotating parking in the Mall.
71GF Score

Get the complete analysis for BSP:FISC11

3-Year Dividend Growth Rate is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

R$67.23
Price
R$97.09
GF Value