Merito Desenvolvimento Imobiliario I FII Fundo de Investimento Imobiliario (BSP:MFII11) Dividend-Payout-to-FFO: 1.26 (As of Dec. 2025)

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BSP:MFII11 Merito Desenvolvimento Imobiliario I FII Fundo de Investimento Imobiliario BSP:MFII11
49 GF Score
Price R$28.60
GF Value R$34.19
Valuation Modestly Undervalued
! 5 Warning Signs
View Full Analysis

What is Merito Desenvolvimento Imobiliario I FII Fundo de Investimento Imobiliario Dividend-Payout-to-FFO?

Merito Desenvolvimento Imobiliario I FII Fundo de Investimento Imobiliario BSP:MFII11 +0.63% 49 Dividend-Payout-to-FFO is 1.26 as of Dec. 2025. GuruFocus rates BSP:MFII11 with a GF Score™ of 49/100 and a GF Value™ of R$34.19 (Modestly Undervalued). The stock has 5 warning signs investors should review.

Dividend-Payout-to-FFO is calculated as Dividends per Share divided by its FFO per Share.

Merito Desenvolvimento Imobiliario I FII Fundo de Investimento Imobiliario's Dividends per Share for the six months that ended in Dec. 2025 was R$13.04 Mil. Merito Desenvolvimento Imobiliario I FII Fundo de Investimento Imobiliario's FFO per Share for the six months that ended in Dec. 2025 was R$10.38 Mil. Therefore, Merito Desenvolvimento Imobiliario I FII Fundo de Investimento Imobiliario's dividend payout to FFO for the six months ended in Dec. 2025 was 1.26.

* Please note that "special dividend" is not included in the calculation of dividend per share and related fields.


Merito Desenvolvimento Imobiliario I FII Fundo de Investimento Imobiliario Dividend-Payout-to-FFO Related Terms


Merito Desenvolvimento Imobiliario I FII Fundo de Investimento Imobiliario Dividend-Payout-to-FFO Historical Data

* Premium members only.

The historical data trend for Merito Desenvolvimento Imobiliario I FII Fundo de Investimento Imobiliario's Dividend-Payout-to-FFO can be seen below:

* 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.

Merito Desenvolvimento Imobiliario I FII Fundo de Investimento Imobiliario Dividend-Payout-to-FFO Chart

Merito Desenvolvimento Imobiliario I FII Fundo de Investimento Imobiliario Annual Data
Trend Dec21 Dec22 Dec23 Dec24 Dec25
Dividend-Payout-to-FFO
-2.21 1.06 0.59 2.25 1.26

Merito Desenvolvimento Imobiliario I FII Fundo de Investimento Imobiliario Semi-Annual Data
Dec21 Dec22 Dec23 Dec24 Dec25
Dividend-Payout-to-FFO -2.21 1.06 0.59 2.25 1.26

BSP:MFII11 vs VICI, WPC: Dividend-Payout-to-FFO Comparison

For the REIT - Diversified subindustry, Merito Desenvolvimento Imobiliario I FII Fundo de Investimento Imobiliario's Dividend-Payout-to-FFO, along with its competitors' market caps and Dividend-Payout-to-FFO 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.


Merito Desenvolvimento Imobiliario I FII Fundo de Investimento Imobiliario Dividend-Payout-to-FFO vs REITs Industry

For the REITs industry and Real Estate sector, Merito Desenvolvimento Imobiliario I FII Fundo de Investimento Imobiliario's Dividend-Payout-to-FFO distribution charts can be found below:

* The bar in red indicates where Merito Desenvolvimento Imobiliario I FII Fundo de Investimento Imobiliario's Dividend-Payout-to-FFO falls into.


BSP:MFII11
49GF Score
Merito Desenvolvimento Imobiliario I FII Fundo de Investimento Imobiliario BSP:MFII11
Dividend-Payout-to-FFO is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Merito Desenvolvimento Imobiliario I FII Fundo de Investimento Imobiliario Dividend-Payout-to-FFO Calculation

Dividend-Payout-to-FFO is calculated as Dividends per Share divided by its FFO per Share.

Merito Desenvolvimento Imobiliario I FII Fundo de Investimento Imobiliario's Dividend-Payout-to-FFO for the fiscal year that ended in Dec. 2025 is calculated as

Dividend-Payout-to-FFO=Dividends per Share (A: Dec. 2025 )/FFO per Share (A: Dec. 2025 )
=13.043/10.379
=1.26

Merito Desenvolvimento Imobiliario I FII Fundo de Investimento Imobiliario's Dividend-Payout-to-FFO for the quarter that ended in Dec. 2025 is calculated as

Dividend-Payout-to-FFO=Dividends per Share (Q: Dec. 2025 )/FFO per Share (Q: Dec. 2025 )
=13.043/10.379
=1.26

* 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.

Frequently Asked Questions Learn more about Dividend-Payout-to-FFO →
What does a Dividend-Payout-to-FFO of 1.26 mean?
Merito Desenvolvimento Imobiliario I FII Fundo de Investimento Imobiliario (BSP:MFII11) has a Dividend-Payout-to-FFO of 1.26 as of Dec. 2025. Dividend Payout to FFO is the percent of a REIT's funds from operations paid out as dividends. View historical data on Merito Desenvolvimento Imobiliario I FII Fundo de Investimento Imobiliario and its competitors.
Is Merito Desenvolvimento Imobiliario I FII Fundo de Investimento Imobiliario's Dividend-Payout-to-FFO too high?
Merito Desenvolvimento Imobiliario I FII Fundo de Investimento Imobiliario's current Dividend-Payout-to-FFO is 1.26. Overall, Merito Desenvolvimento Imobiliario I FII Fundo de Investimento Imobiliario has a GF Score™ of 49/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Merito Desenvolvimento Imobiliario I FII Fundo de Investimento Imobiliario's Dividend-Payout-to-FFO compare to VICI and WPC?
Merito Desenvolvimento Imobiliario I FII Fundo de Investimento Imobiliario's Dividend-Payout-to-FFO of 1.26 can be compared against companies in the REITs industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Dividend-Payout-to-FFO for a REITs company?
A good Dividend-Payout-to-FFO depends on the REITs industry context. However, Dividend-Payout-to-FFO should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Dividend-Payout-to-FFO mean?
A high Dividend-Payout-to-FFO can signal that a stock is expensive relative to its fundamentals. Dividend Payout to FFO is the percent of a REIT's funds from operations paid out as dividends. View historical data on Merito Desenvolvimento Imobiliario I FII Fundo de Investimento Imobiliario and its competitors. Merito Desenvolvimento Imobiliario I FII Fundo de Investimento Imobiliario's current Dividend-Payout-to-FFO is 1.26. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Merito Desenvolvimento Imobiliario I FII Fundo de Investimento Imobiliario stock overvalued right now?
Based on GuruFocus' analysis, Merito Desenvolvimento Imobiliario I FII Fundo de Investimento Imobiliario (BSP:MFII11) is currently considered Modestly Undervalued. The stock's GF Value™ is R$34.19, compared to a current price of R$28.60 — trading 16.3% below its estimated fair value. The current Dividend-Payout-to-FFO is 1.26. Merito Desenvolvimento Imobiliario I FII Fundo de Investimento Imobiliario's overall GF Score™ is 49/100 with 5 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Dividend-Payout-to-FFO calculated?
Dividend-Payout-to-FFO is calculated from a company's financial statements. For Merito Desenvolvimento Imobiliario I FII Fundo de Investimento Imobiliario (BSP:MFII11), the current Dividend-Payout-to-FFO is 1.26 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 Merito Desenvolvimento Imobiliario I FII Fundo de Investimento Imobiliario (BSP:MFII11) Overvalued in 2026?

Based on GuruFocus' analysis, Merito Desenvolvimento Imobiliario I FII Fundo de Investimento Imobiliario stock appears to be undervalued. The current stock price of R$28.60 is trading 16.3% below its estimated GF Value™ of R$34.19. GuruFocus considers Merito Desenvolvimento Imobiliario I FII Fundo de Investimento Imobiliario to be Modestly Undervalued.

Key valuation signals for BSP:MFII11:

  • Dividend-Payout-to-FFO: 1.26
  • GF Value™: R$34.19 vs. price of R$28.60 (16.3% below fair value)
  • GF Score™: 49/100 with 5 warning signs

No single metric tells the full story. See the BSP:MFII11 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Merito Desenvolvimento Imobiliario I FII Fundo de Investimento Imobiliario Business Description

Industry Real EstateREITs
Address Rua Funchal, 418 - 21 andar, Sao Paulo, SP, BRA, 04548-004
Merito Desenvolvimento Imobiliario I FII Fundo de Investimento Imobiliario is a real estate investment trust. It is engaged in the acquisition of interests in real estate development projects developed in partnership with developers.
49GF Score

Get the complete analysis for BSP:MFII11

Dividend-Payout-to-FFO is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

R$28.60
Price
R$34.19
GF Value