Fundo Investimento Imobiliario SC 401 (BSP:FISC11) Dividend Payout Ratio: 1.74 (As of Dec. 2025) — 129% Above Median


BSP:FISC11 Fundo Investimento Imobiliario SC 401 BSP:FISC11
71 GF Score
Price R$68.25
GF Value R$95.56
Valuation Modestly Undervalued
! 2 Warning Signs
View Full Analysis

What is Fundo Investimento Imobiliario SC 401 Dividend Payout Ratio?

Fundo Investimento Imobiliario SC 401 BSP:FISC11 71 Dividend Payout Ratio is 1.74 as of Dec. 2025, which is 129% above its 10-year median of 0.76. GuruFocus rates BSP:FISC11 with a GF Score™ of 71/100 and a GF Value™ of R$95.56 (Modestly Undervalued). The stock has 2 warning signs investors should review. Among 718 REITs companies, Fundo Investimento Imobiliario SC 401 ranks worse than 77.72% on this metric.

The Dividend Payout Ratio is the measure of dividends paid out to shareholders relative to the company's net income. It is calculated as the Dividends per Share divided by the Earnings per Share (Diluted) during the same time period. Fundo Investimento Imobiliario SC 401's Dividend Payout Ratio for the months ended in Dec. 2025 was 1.74.

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.

The historical rank and industry rank for Fundo Investimento Imobiliario SC 401's Dividend Payout Ratio or its related term are showing as below:

BSP:FISC11' s Dividend Payout Ratio Range Over the Past 10 Years
Min: 0.44   Med: 0.76   Max: 1.74
Current: 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.

BSP:FISC11's Dividend Payout Ratio is ranked worse than
77.72% of 718 companies
in the REITs industry
Industry Median: 0.99 vs BSP:FISC11: 1.73

As of today (2026-06-25), the Dividend Yield % of Fundo Investimento Imobiliario SC 401 is 9.99%.

During the past 13 years, the highest Trailing Annual Dividend Yield of Fundo Investimento Imobiliario SC 401 was 10.88%. The lowest was 0.66%. And the median was 6.74%.

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

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.

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.

The growth rate is calculated with least square regression.

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

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

Fundo Investimento Imobiliario SC 401 (BSP:FISC11) Dividend Payout Ratio Explanation

In dividends investing, Dividend 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.

Fundo Investimento Imobiliario SC 401 Dividend Payout Ratio Related Terms

Fundo Investimento Imobiliario SC 401 Dividend Payout Ratio Historical Data

* Premium members only.

The historical data trend for Fundo Investimento Imobiliario SC 401's Dividend Payout Ratio 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.

Fundo Investimento Imobiliario SC 401 Dividend Payout Ratio Chart

Fundo Investimento Imobiliario SC 401 Annual Data
Trend Dec15 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Dividend Payout Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.00 0.76 0.44 0.00 1.74

Fundo Investimento Imobiliario SC 401 Semi-Annual Data
Dec12 Dec13 Dec14 Dec15 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Dividend Payout Ratio Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.00 0.76 0.44 0.00 1.74

BSP:FISC11 vs VICI, WPC: Dividend Payout Ratio Comparison

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

For the REITs industry and Real Estate sector, Fundo Investimento Imobiliario SC 401's Dividend Payout Ratio distribution charts can be found below:

* The bar in red indicates where Fundo Investimento Imobiliario SC 401's Dividend Payout Ratio falls into.


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

Fundo Investimento Imobiliario SC 401 Dividend Payout Ratio Calculation

The Dividend Payout Ratio is the measure of dividends paid out to shareholders relative to the company's net income. It is calculated as the Dividends per Share divided by the Earnings per Share (Diluted) during the same time period.

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

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

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

* 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 Ratio →
What does a Dividend Payout Ratio of 1.74 mean?
Fundo Investimento Imobiliario SC 401 (BSP:FISC11) has a Dividend Payout Ratio of 1.74 as of Dec. 2025. Dividend payout ratio is the percent of company earnings paid out as dividends. View historical data on Fundo Investimento Imobiliario SC 401 and its competitors. This is 129% above median its historical median of 0.76. Over the past decade, Fundo Investimento Imobiliario SC 401's Dividend Payout Ratio has ranged from 0.44 to 1.74. According to the industry distribution chart, Fundo Investimento Imobiliario SC 401 ranks #558 out of 718 companies in the REITs industry, placing it in the top 77.7%.
Is Fundo Investimento Imobiliario SC 401's Dividend Payout Ratio too high?
Fundo Investimento Imobiliario SC 401's current Dividend Payout Ratio of 1.74 is 129% above median its 10-year median of 0.76. Over the past 10 years, this metric has ranged from a low of 0.44 to a high of 1.74. The REITs industry median Dividend Payout Ratio is 0.99. Fundo Investimento Imobiliario SC 401's value of 1.74 is 75.8% above this industry median. Based on the distribution chart, Fundo Investimento Imobiliario SC 401 ranks #558 out of 718 companies in the REITs industry, which is in the bottom quartile relative to peers. Overall, Fundo Investimento Imobiliario SC 401 has a GF Score™ of 71/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Fundo Investimento Imobiliario SC 401's Dividend Payout Ratio compare to VICI and WPC?
According to the REITs industry distribution chart, Fundo Investimento Imobiliario SC 401 ranks #558 out of 718 companies for Dividend Payout Ratio. This places Fundo Investimento Imobiliario SC 401 in the lower half of its industry. The industry median Dividend Payout Ratio is 0.99. Fundo Investimento Imobiliario SC 401's value of 1.74 is 75.8% above this benchmark. Historically, Fundo Investimento Imobiliario SC 401's own Dividend Payout Ratio has ranged from 0.44 to 1.74 over the past decade. While the company's 10-year median is 0.76 vs. the industry median of 0.99, 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 Dividend Payout Ratio for a REITs company?
The median Dividend Payout Ratio among REITs companies is 0.99, based on 718 companies in the industry. Companies in the top quartile (top 25%) have a Dividend Payout Ratio significantly above this median, while those in the bottom quartile fall well below. However, Dividend Payout Ratio should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Fundo Investimento Imobiliario SC 401's current Dividend Payout Ratio of 1.74 is 75.8% 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 Dividend Payout Ratio mean?
A high Dividend Payout Ratio can signal that a stock is expensive relative to its fundamentals. Dividend payout ratio is the percent of company earnings paid out as dividends. View historical data on Fundo Investimento Imobiliario SC 401 and its competitors. For the REITs industry, the median Dividend Payout Ratio is 0.99 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Fundo Investimento Imobiliario SC 401's current Dividend Payout Ratio is 1.74, which is 129% above median its own 10-year median of 0.76. 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 Modestly Undervalued. The stock's GF Value™ is R$95.56, compared to a current price of R$68.25 — trading 28.6% below its estimated fair value. The current Dividend Payout Ratio is 1.74, which is 129% above median its 10-year median of 0.76 and 75.8% above the REITs industry median of 0.99. Fundo Investimento Imobiliario SC 401's overall GF Score™ is 71/100 with 2 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Dividend Payout Ratio calculated?
Dividend Payout Ratio is calculated from a company's financial statements. For Fundo Investimento Imobiliario SC 401 (BSP:FISC11), the current Dividend Payout Ratio is 1.74 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$68.25 is trading 28.6% below its estimated GF Value™ of R$95.56. GuruFocus considers Fundo Investimento Imobiliario SC 401 to be Modestly Undervalued.

Key valuation signals for BSP:FISC11:

  • Dividend Payout Ratio: 1.74 (129% above median its 10-year median of 0.76)
  • GF Value™: R$95.56 vs. price of R$68.25 (28.6% below fair value)
  • GF Score™: 71/100 with 2 warning signs
  • Industry Position: 75.8% above the REITs median (#558 of 718)

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

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

R$68.25
Price
R$95.56
GF Value