Hedge Top Fofii 3 Fundo Investimento Imobiliario (BSP:HFOF11) Dividend Payout Ratio: 0.38 (As of Dec. 2025) — 57% Below Median


BSP:HFOF11 Hedge Top Fofii 3 Fundo Investimento Imobiliario BSP:HFOF11
36 GF Score
Price R$6.29
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What is Hedge Top Fofii 3 Fundo Investimento Imobiliario Dividend Payout Ratio?

Hedge Top Fofii 3 Fundo Investimento Imobiliario BSP:HFOF11 -1.26% 36 Dividend Payout Ratio is 0.38 as of Dec. 2025, which is 57% below its 10-year median of 0.89. GuruFocus rates BSP:HFOF11 with a GF Score™ of 36/100. Among 713 REITs companies, Hedge Top Fofii 3 Fundo Investimento Imobiliario ranks better than 92.99% 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. Hedge Top Fofii 3 Fundo Investimento Imobiliario's Dividend Payout Ratio for the months ended in Dec. 2025 was 0.38.

The historical rank and industry rank for Hedge Top Fofii 3 Fundo Investimento Imobiliario's Dividend Payout Ratio or its related term are showing as below:

BSP:HFOF11' s Dividend Payout Ratio Range Over the Past 10 Years
Min: 0.37   Med: 0.89   Max: 4.25
Current: 0.37


During the past 8 years, the highest Dividend Payout Ratio of Hedge Top Fofii 3 Fundo Investimento Imobiliario was 4.25. The lowest was 0.37. And the median was 0.89.

BSP:HFOF11's Dividend Payout Ratio is ranked better than
92.99% of 713 companies
in the REITs industry
Industry Median: 0.99 vs BSP:HFOF11: 0.37

As of today (2026-07-08), the Dividend Yield % of Hedge Top Fofii 3 Fundo Investimento Imobiliario is 10.93%.

During the past 8 years, the highest Trailing Annual Dividend Yield of Hedge Top Fofii 3 Fundo Investimento Imobiliario was 14.13%. The lowest was 7.21%. And the median was 10.21%.

Hedge Top Fofii 3 Fundo Investimento Imobiliario's Dividends per Share for the months ended in Dec. 2025 was R$0.67.

During the past 12 months, Hedge Top Fofii 3 Fundo Investimento Imobiliario's average Dividends Per Share Growth Rate was -8.40% per year. During the past 3 years, the average Dividends Per Share Growth Rate was 3.20% per year.

During the past 8 years, the highest 3-Year average Dividends Per Share Growth Rate of Hedge Top Fofii 3 Fundo Investimento Imobiliario was 3.20% per year. The lowest was 3.20% per year. And the median was 3.20% 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.


Hedge Top Fofii 3 Fundo Investimento Imobiliario (BSP:HFOF11) 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.


Hedge Top Fofii 3 Fundo Investimento Imobiliario Dividend Payout Ratio Related Terms


Hedge Top Fofii 3 Fundo Investimento Imobiliario Dividend Payout Ratio Historical Data

* Premium members only.

The historical data trend for Hedge Top Fofii 3 Fundo Investimento Imobiliario'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.

Hedge Top Fofii 3 Fundo Investimento Imobiliario Dividend Payout Ratio Chart

Hedge Top Fofii 3 Fundo Investimento Imobiliario Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Dividend Payout Ratio
Get a 7-Day Free Trial 0.00 4.25 0.89 0.00 0.38

Hedge Top Fofii 3 Fundo Investimento Imobiliario Semi-Annual Data
Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Dividend Payout Ratio Get a 7-Day Free Trial 0.00 4.25 0.89 0.00 0.38

BSP:HFOF11 vs EQIX, AMT, DLR: Dividend Payout Ratio Comparison

For the REIT - Specialty subindustry, Hedge Top Fofii 3 Fundo Investimento Imobiliario'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.


Hedge Top Fofii 3 Fundo Investimento Imobiliario Dividend Payout Ratio vs REITs Industry

For the REITs industry and Real Estate sector, Hedge Top Fofii 3 Fundo Investimento Imobiliario's Dividend Payout Ratio distribution charts can be found below:

* The bar in red indicates where Hedge Top Fofii 3 Fundo Investimento Imobiliario's Dividend Payout Ratio falls into.


BSP:HFOF11
36GF Score
Hedge Top Fofii 3 Fundo Investimento Imobiliario BSP:HFOF11
Dividend Payout Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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Hedge Top Fofii 3 Fundo Investimento Imobiliario 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.

Hedge Top Fofii 3 Fundo Investimento Imobiliario'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 )
=0.672/ 1.794
=0.37

Hedge Top Fofii 3 Fundo Investimento Imobiliario'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 )
=0.672/ 1.794
=0.37

* 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 0.38 mean?
Hedge Top Fofii 3 Fundo Investimento Imobiliario (BSP:HFOF11) has a Dividend Payout Ratio of 0.38 as of Dec. 2025. Dividend payout ratio is the percent of company earnings paid out as dividends. View historical data on Hedge Top Fofii 3 Fundo Investimento Imobiliario and its competitors. This is 57% below median its historical median of 0.89. Over the past decade, Hedge Top Fofii 3 Fundo Investimento Imobiliario's Dividend Payout Ratio has ranged from 0.37 to 4.25. According to the industry distribution chart, Hedge Top Fofii 3 Fundo Investimento Imobiliario ranks #50 out of 713 companies in the REITs industry, placing it in the top 7%.
Is Hedge Top Fofii 3 Fundo Investimento Imobiliario's Dividend Payout Ratio too high?
Hedge Top Fofii 3 Fundo Investimento Imobiliario's current Dividend Payout Ratio of 0.38 is 57% below median its 10-year median of 0.89. Over the past 10 years, this metric has ranged from a low of 0.37 to a high of 4.25. The REITs industry median Dividend Payout Ratio is 0.99. Hedge Top Fofii 3 Fundo Investimento Imobiliario's value of 0.38 is 61.6% below this industry median. Based on the distribution chart, Hedge Top Fofii 3 Fundo Investimento Imobiliario ranks #50 out of 713 companies in the REITs industry, which is in the top quartile — a strong position relative to peers. Overall, Hedge Top Fofii 3 Fundo Investimento Imobiliario has a GF Score™ of 36/100, reflecting its overall financial health beyond just this single metric.
How does Hedge Top Fofii 3 Fundo Investimento Imobiliario's Dividend Payout Ratio compare to EQIX and AMT?
According to the REITs industry distribution chart, Hedge Top Fofii 3 Fundo Investimento Imobiliario ranks #50 out of 713 companies for Dividend Payout Ratio. This places Hedge Top Fofii 3 Fundo Investimento Imobiliario in the top 7% of its industry — outperforming the majority of peers. The industry median Dividend Payout Ratio is 0.99. Hedge Top Fofii 3 Fundo Investimento Imobiliario's value of 0.38 is 61.6% below this benchmark. Historically, Hedge Top Fofii 3 Fundo Investimento Imobiliario's own Dividend Payout Ratio has ranged from 0.37 to 4.25 over the past decade. While the company's 10-year median is 0.89 vs. the industry median of 0.99, Hedge Top Fofii 3 Fundo Investimento Imobiliario has consistently been below 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 713 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. Hedge Top Fofii 3 Fundo Investimento Imobiliario's current Dividend Payout Ratio of 0.38 is 61.6% below 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 Hedge Top Fofii 3 Fundo Investimento Imobiliario 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. Hedge Top Fofii 3 Fundo Investimento Imobiliario's current Dividend Payout Ratio is 0.38, which is 57% below median its own 10-year median of 0.89. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Hedge Top Fofii 3 Fundo Investimento Imobiliario stock overvalued right now?
Hedge Top Fofii 3 Fundo Investimento Imobiliario (BSP:HFOF11) has a current Dividend Payout Ratio of 0.38. The current Dividend Payout Ratio is 0.38, which is 57% below median its 10-year median of 0.89 and 61.6% below the REITs industry median of 0.99. Hedge Top Fofii 3 Fundo Investimento Imobiliario's overall GF Score™ is 36/100. 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 Hedge Top Fofii 3 Fundo Investimento Imobiliario (BSP:HFOF11), the current Dividend Payout Ratio is 0.38 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.

Hedge Top Fofii 3 Fundo Investimento Imobiliario Business Description

Industry Real EstateREITs
Address Avenida Horacio Lafer, 160, No. 9 Andar, Itaim Bibi, Sao Paulo, SP, BRA, 04538-080
Hedge Top Fofii 3 Fundo Investimento Imobiliario is a real estate investment trust. It is engaged in agribusiness and variable income, from the operations of the Hedging-Griffo brokerage firm to the development of the agricultural commodities trading desk and effective participation in the creation of titles such as CPR and CDA / WA.
36GF Score

Get the complete analysis for BSP:HFOF11

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

R$6.29
Price