Ten Desenvolvimento Fundo De Investimento Imobiliario (BSP:NAUI11) Dividend Payout Ratio: 3.50 (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:NAUI11 Ten Desenvolvimento Fundo De Investimento Imobiliario BSP:NAUI11
7 GF Score
Price R$1,000.00
! 2 Warning Signs
View Full Analysis

What is Ten Desenvolvimento Fundo De Investimento Imobiliario Dividend Payout Ratio?

Ten Desenvolvimento Fundo De Investimento Imobiliario BSP:NAUI11 7 Dividend Payout Ratio is 3.50 as of Dec. 2025, which is at its 10-year median of 3.50. GuruFocus rates BSP:NAUI11 with a GF Score™ of 7/100. The stock has 2 warning signs investors should review.

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. Ten Desenvolvimento Fundo De Investimento Imobiliario's Dividend Payout Ratio for the months ended in Dec. 2025 was 3.50.

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

BSP:NAUI11' s Dividend Payout Ratio Range Over the Past 10 Years
Min: 3.5   Med: 3.5   Max: 3.5
Current: 3.5


During the past 2 years, the highest Dividend Payout Ratio of Ten Desenvolvimento Fundo De Investimento Imobiliario was 3.50. The lowest was 3.50. And the median was 3.50.

BSP:NAUI11's Dividend Payout Ratio is not ranked
in the REITs industry.
Industry Median: 0.985 vs BSP:NAUI11: 3.50

As of today (2026-08-21), the Dividend Yield % of Ten Desenvolvimento Fundo De Investimento Imobiliario is 0.00%.

Ten Desenvolvimento Fundo De Investimento Imobiliario's Dividends per Share for the months ended in Dec. 2025 was R$179.76.

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.


Ten Desenvolvimento Fundo De Investimento Imobiliario (BSP:NAUI11) 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.


Ten Desenvolvimento Fundo De Investimento Imobiliario Dividend Payout Ratio Related Terms


Ten Desenvolvimento Fundo De Investimento Imobiliario Dividend Payout Ratio Historical Data

* Premium members only.

The historical data trend for Ten Desenvolvimento Fundo De 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.

Ten Desenvolvimento Fundo De Investimento Imobiliario Dividend Payout Ratio Chart

Ten Desenvolvimento Fundo De Investimento Imobiliario Annual Data
Trend Dec24 Dec25
Dividend Payout Ratio
0.00 3.50

Ten Desenvolvimento Fundo De Investimento Imobiliario Semi-Annual Data
Dec24 Dec25
Dividend Payout Ratio 0.00 3.50

BSP:NAUI11 vs VICI, WPC: Dividend Payout Ratio Comparison

For the REIT - Diversified subindustry, Ten Desenvolvimento Fundo De 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.


Ten Desenvolvimento Fundo De Investimento Imobiliario Dividend Payout Ratio vs REITs Industry

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

* The bar in red indicates where Ten Desenvolvimento Fundo De Investimento Imobiliario's Dividend Payout Ratio falls into.


BSP:NAUI11
7GF Score
Ten Desenvolvimento Fundo De Investimento Imobiliario BSP:NAUI11
Dividend Payout Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Ten Desenvolvimento Fundo De 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.

Ten Desenvolvimento Fundo De 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 )
=179.762/ 51.397
=3.50

Ten Desenvolvimento Fundo De 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 )
=179.762/ 51.397
=3.50

* 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 3.50 mean?
Ten Desenvolvimento Fundo De Investimento Imobiliario (BSP:NAUI11) has a Dividend Payout Ratio of 3.50 as of Dec. 2025. Dividend payout ratio is the percent of company earnings paid out as dividends. View historical data on Ten Desenvolvimento Fundo De Investimento Imobiliario and its competitors. This is near median its historical median of 3.50. Over the past decade, Ten Desenvolvimento Fundo De Investimento Imobiliario's Dividend Payout Ratio has ranged from 3.50 to 3.50.
Is Ten Desenvolvimento Fundo De Investimento Imobiliario's Dividend Payout Ratio too high?
Ten Desenvolvimento Fundo De Investimento Imobiliario's current Dividend Payout Ratio of 3.50 is near median its 10-year median of 3.50. Over the past 10 years, this metric has ranged from a low of 3.50 to a high of 3.50. The REITs industry median Dividend Payout Ratio is 0.99. Ten Desenvolvimento Fundo De Investimento Imobiliario's value of 3.50 is 255.3% above this industry median. Overall, Ten Desenvolvimento Fundo De Investimento Imobiliario has a GF Score™ of 7/100, reflecting its overall financial health beyond just this single metric.
How does Ten Desenvolvimento Fundo De Investimento Imobiliario's Dividend Payout Ratio compare to VICI and WPC?
Ten Desenvolvimento Fundo De Investimento Imobiliario's Dividend Payout Ratio of 3.50 can be compared against companies in the REITs industry. The industry median Dividend Payout Ratio is 0.99. Ten Desenvolvimento Fundo De Investimento Imobiliario's value of 3.50 is 255.3% above this benchmark. Historically, Ten Desenvolvimento Fundo De Investimento Imobiliario's own Dividend Payout Ratio has ranged from 3.50 to 3.50 over the past decade. While the company's 10-year median is 3.50 vs. the industry median of 0.99, Ten Desenvolvimento Fundo De Investimento Imobiliario 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 710 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. Ten Desenvolvimento Fundo De Investimento Imobiliario's current Dividend Payout Ratio of 3.50 is 255.3% 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 Ten Desenvolvimento Fundo De 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. Ten Desenvolvimento Fundo De Investimento Imobiliario's current Dividend Payout Ratio is 3.50, which is near median its own 10-year median of 3.50. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Ten Desenvolvimento Fundo De Investimento Imobiliario stock overvalued right now?
Ten Desenvolvimento Fundo De Investimento Imobiliario (BSP:NAUI11) has a current Dividend Payout Ratio of 3.50. The current Dividend Payout Ratio is 3.50, which is near median its 10-year median of 3.50 and 255.3% above the REITs industry median of 0.99. Ten Desenvolvimento Fundo De Investimento Imobiliario's overall GF Score™ is 7/100 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 Ten Desenvolvimento Fundo De Investimento Imobiliario (BSP:NAUI11), the current Dividend Payout Ratio is 3.50 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.

Ten Desenvolvimento Fundo De Investimento Imobiliario Business Description

Industry Real EstateREITs
Address Gilberto Sabino Street, 215, 4th FLOOR, Pinheiros, Sao Paulo, SP, BRA, 5425020
Ten Desenvolvimento Fundo De Investimento Imobiliario is a real estate investment fund. The FUND aims to provide through investments: (i) in the acquisition of Real Estate; (ii) in the acquisition of shares in a company whose purpose is to develop projects and/or a developer duly contracted by the SPE for this purpose; and (iii) in investing in financial applications under the terms and limits of current legislation; aiming to make the investments made by the Quotaholders profitable through (a) the payment of remuneration arising from the exploitation of the Target Properties and/or real rights over such properties, which may be acquired the appreciation of the Fund's assets.
7GF Score

Get the complete analysis for BSP:NAUI11

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

R$1,000.00
Price