Hsi Ativos Financeiros Fundos Investimentos Imoliarios (BSP:HSAF11) Dividend Payout Ratio: 1.06 (As of Jun. 2025) — Near Median


BSP:HSAF11 Hsi Ativos Financeiros Fundos Investimentos Imoliarios BSP:HSAF11
54 GF Score
Price R$77.83
GF Value R$78.95
Valuation Fairly Valued
! 4 Warning Signs
View Full Analysis

What is Hsi Ativos Financeiros Fundos Investimentos Imoliarios Dividend Payout Ratio?

Hsi Ativos Financeiros Fundos Investimentos Imoliarios BSP:HSAF11 -1.14% 54 Dividend Payout Ratio is 1.06 as of Jun. 2025, which is 4% above its 10-year median of 1.02. GuruFocus rates BSP:HSAF11 with a GF Score™ of 54/100 and a GF Value™ of R$78.95 (Fairly Valued). The stock has 4 warning signs investors should review. Among 711 REITs companies, Hsi Ativos Financeiros Fundos Investimentos Imoliarios ranks worse than 56.96% 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. Hsi Ativos Financeiros Fundos Investimentos Imoliarios's Dividend Payout Ratio for the months ended in Jun. 2025 was 1.06.

Warning Sign:

If a company's dividend payout ratio is too high, its dividend may not be sustainable. The dividend payout ratio of Hsi Ativos Financeiros Fundos Investimentos Imoliarios is 1.06, which seems too high.

The historical rank and industry rank for Hsi Ativos Financeiros Fundos Investimentos Imoliarios's Dividend Payout Ratio or its related term are showing as below:

BSP:HSAF11' s Dividend Payout Ratio Range Over the Past 10 Years
Min: 0.44   Med: 1.02   Max: 1.78
Current: 1.06

During the past 5 years, the highest Dividend Payout Ratio of Hsi Ativos Financeiros Fundos Investimentos Imoliarios was 1.78. The lowest was 0.44. And the median was 1.02.

BSP:HSAF11's Dividend Payout Ratio is ranked worse than
56.96% of 711 companies
in the REITs industry
Industry Median: 0.99 vs BSP:HSAF11: 1.06

As of today (2026-07-09), the Dividend Yield % of Hsi Ativos Financeiros Fundos Investimentos Imoliarios is 14.48%.

During the past 5 years, the highest Trailing Annual Dividend Yield of Hsi Ativos Financeiros Fundos Investimentos Imoliarios was 16.03%. The lowest was 5.06%. And the median was 13.13%.

Hsi Ativos Financeiros Fundos Investimentos Imoliarios's Dividends per Share for the months ended in Jun. 2025 was R$10.90.

During the past 12 months, Hsi Ativos Financeiros Fundos Investimentos Imoliarios's average Dividends Per Share Growth Rate was 5.80% per year. During the past 3 years, the average Dividends Per Share Growth Rate was 31.60% per year.

During the past 5 years, the highest 3-Year average Dividends Per Share Growth Rate of Hsi Ativos Financeiros Fundos Investimentos Imoliarios was 31.60% per year. The lowest was 31.60% per year. And the median was 31.60% 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.

Hsi Ativos Financeiros Fundos Investimentos Imoliarios (BSP:HSAF11) 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.

Hsi Ativos Financeiros Fundos Investimentos Imoliarios Dividend Payout Ratio Related Terms

Hsi Ativos Financeiros Fundos Investimentos Imoliarios Dividend Payout Ratio Historical Data

* Premium members only.

The historical data trend for Hsi Ativos Financeiros Fundos Investimentos Imoliarios'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.

Hsi Ativos Financeiros Fundos Investimentos Imoliarios Dividend Payout Ratio Chart

Hsi Ativos Financeiros Fundos Investimentos Imoliarios Annual Data
Trend Jun21 Jun22 Jun23 Jun24 Jun25
Dividend Payout Ratio
0.00 0.44 0.99 1.78 1.06

Hsi Ativos Financeiros Fundos Investimentos Imoliarios Semi-Annual Data
Jun21 Jun22 Jun23 Jun24 Jun25
Dividend Payout Ratio 0.00 0.44 0.99 1.78 1.06

BSP:HSAF11 vs VICI, WPC: Dividend Payout Ratio Comparison

For the REIT - Diversified subindustry, Hsi Ativos Financeiros Fundos Investimentos Imoliarios'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.

Hsi Ativos Financeiros Fundos Investimentos Imoliarios Dividend Payout Ratio vs REITs Industry

For the REITs industry and Real Estate sector, Hsi Ativos Financeiros Fundos Investimentos Imoliarios's Dividend Payout Ratio distribution charts can be found below:

* The bar in red indicates where Hsi Ativos Financeiros Fundos Investimentos Imoliarios's Dividend Payout Ratio falls into.


BSP:HSAF11
54GF Score
Hsi Ativos Financeiros Fundos Investimentos Imoliarios BSP:HSAF11
Dividend Payout Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Hsi Ativos Financeiros Fundos Investimentos Imoliarios 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.

Hsi Ativos Financeiros Fundos Investimentos Imoliarios's Dividend Payout Ratio for the fiscal year that ended in Jun. 2025 is calculated as

Dividend Payout Ratio=Dividends per Share (A: Jun. 2025 )/ EPS without NRI (A: Jun. 2025 )
=10.9/ 10.31
=1.06

Hsi Ativos Financeiros Fundos Investimentos Imoliarios's Dividend Payout Ratio for the quarter that ended in Jun. 2025 is calculated as

Dividend Payout Ratio=Dividends per Share (Q: Jun. 2025 )/ EPS without NRI (Q: Jun. 2025 )
=10.9/ 10.31
=1.06

* 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 1.06 mean?
Hsi Ativos Financeiros Fundos Investimentos Imoliarios (BSP:HSAF11) has a Dividend Payout Ratio of 1.06 as of Jun. 2025. Dividend payout ratio is the percent of company earnings paid out as dividends. View historical data on Hsi Ativos Financeiros Fundos Investimentos Imoliarios and its competitors. This is near median its historical median of 1.02. Over the past decade, Hsi Ativos Financeiros Fundos Investimentos Imoliarios' Dividend Payout Ratio has ranged from 0.44 to 1.78. According to the industry distribution chart, Hsi Ativos Financeiros Fundos Investimentos Imoliarios ranks #405 out of 711 companies in the REITs industry, placing it in the top 57%.
Is Hsi Ativos Financeiros Fundos Investimentos Imoliarios' Dividend Payout Ratio too high?
Hsi Ativos Financeiros Fundos Investimentos Imoliarios' current Dividend Payout Ratio of 1.06 is near median its 10-year median of 1.02. Over the past 10 years, this metric has ranged from a low of 0.44 to a high of 1.78. The REITs industry median Dividend Payout Ratio is 0.99. Hsi Ativos Financeiros Fundos Investimentos Imoliarios' value of 1.06 is 7.1% above this industry median. Based on the distribution chart, Hsi Ativos Financeiros Fundos Investimentos Imoliarios ranks #405 out of 711 companies in the REITs industry, which is below the industry midpoint. Overall, Hsi Ativos Financeiros Fundos Investimentos Imoliarios has a GF Score™ of 54/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Hsi Ativos Financeiros Fundos Investimentos Imoliarios' Dividend Payout Ratio compare to VICI and WPC?
According to the REITs industry distribution chart, Hsi Ativos Financeiros Fundos Investimentos Imoliarios ranks #405 out of 711 companies for Dividend Payout Ratio. This places Hsi Ativos Financeiros Fundos Investimentos Imoliarios in the lower half of its industry. The industry median Dividend Payout Ratio is 0.99. Hsi Ativos Financeiros Fundos Investimentos Imoliarios' value of 1.06 is 7.1% above this benchmark. Historically, Hsi Ativos Financeiros Fundos Investimentos Imoliarios' own Dividend Payout Ratio has ranged from 0.44 to 1.78 over the past decade. While the company's 10-year median is 1.02 vs. the industry median of 0.99, Hsi Ativos Financeiros Fundos Investimentos Imoliarios 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 711 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. Hsi Ativos Financeiros Fundos Investimentos Imoliarios's current Dividend Payout Ratio of 1.06 is 7.1% 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 Hsi Ativos Financeiros Fundos Investimentos Imoliarios 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. Hsi Ativos Financeiros Fundos Investimentos Imoliarios's current Dividend Payout Ratio is 1.06, which is near median its own 10-year median of 1.02. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Hsi Ativos Financeiros Fundos Investimentos Imoliarios stock overvalued right now?
Based on GuruFocus' analysis, Hsi Ativos Financeiros Fundos Investimentos Imoliarios (BSP:HSAF11) is currently considered Fairly Valued. The stock's GF Value™ is R$78.95, compared to a current price of R$77.83 — trading 1.4% below its estimated fair value. The current Dividend Payout Ratio is 1.06, which is near median its 10-year median of 1.02 and 7.1% above the REITs industry median of 0.99. Hsi Ativos Financeiros Fundos Investimentos Imoliarios' overall GF Score™ is 54/100 with 4 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 Hsi Ativos Financeiros Fundos Investimentos Imoliarios (BSP:HSAF11), the current Dividend Payout Ratio is 1.06 as of Jun. 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 Hsi Ativos Financeiros Fundos Investimentos Imoliarios (BSP:HSAF11) Overvalued in 2026?

Based on GuruFocus' analysis, Hsi Ativos Financeiros Fundos Investimentos Imoliarios stock appears to be undervalued. The current stock price of R$77.83 is trading 1.4% below its estimated GF Value™ of R$78.95. GuruFocus considers Hsi Ativos Financeiros Fundos Investimentos Imoliarios to be Fairly Valued.

Key valuation signals for BSP:HSAF11:

  • Dividend Payout Ratio: 1.06 (near median its 10-year median of 1.02)
  • GF Value™: R$78.95 vs. price of R$77.83 (1.4% below fair value)
  • GF Score™: 54/100 with 4 warning signs
  • Industry Position: 7.1% above the REITs median (#405 of 711)

No single metric tells the full story. See the BSP:HSAF11 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

Hsi Ativos Financeiros Fundos Investimentos Imoliarios Business Description

Industry Real EstateREITs
Address Rua Alves Guimarães, 1216, Pinheiros, São Paulo, SP, BRA, 05410-002
Hsi Ativos Financeiros Fundos Investimentos Imoliarios aims to obtain income and capital gains, through investment, in certificates of real estate receivables.
54GF Score

Get the complete analysis for BSP:HSAF11

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

R$77.83
Price
R$78.95
GF Value