Santander Papeis Imobiliarios Fundo De Investimento Imobiliario (BSP:SAPI11) Dividend Payout Ratio: 1.40 (As of Dec. 2025) — Near Median

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BSP:SAPI11 Santander Papeis Imobiliarios Fundo De Investimento Imobiliario BSP:SAPI11
17 GF Score
Price R$9.04
! 5 Warning Signs
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What is Santander Papeis Imobiliarios Fundo De Investimento Imobiliario Dividend Payout Ratio?

Santander Papeis Imobiliarios Fundo De Investimento Imobiliario BSP:SAPI11 -0.44% 17 Dividend Payout Ratio is 1.40 as of Dec. 2025, which is 3% below its 10-year median of 1.44. GuruFocus rates BSP:SAPI11 with a GF Score™ of 17/100. The stock has 5 warning signs investors should review. Among 931 Asset Management companies, Santander Papeis Imobiliarios Fundo De Investimento Imobiliario ranks worse than 77.77% 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. Santander Papeis Imobiliarios Fundo De Investimento Imobiliario's Dividend Payout Ratio for the months ended in Dec. 2025 was 1.40.

Warning Sign:

If a company's dividend payout ratio is too high, its dividend may not be sustainable. The dividend payout ratio of Santander Papeis Imobiliarios Fundo De Investimento Imobiliario is 1.40, which seems too high.

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

BSP:SAPI11' s Dividend Payout Ratio Range Over the Past 10 Years
Min: 1.4   Med: 1.44   Max: 1.48
Current: 1.4


During the past 3 years, the highest Dividend Payout Ratio of Santander Papeis Imobiliarios Fundo De Investimento Imobiliario was 1.48. The lowest was 1.40. And the median was 1.44.

BSP:SAPI11's Dividend Payout Ratio is ranked worse than
77.77% of 931 companies
in the Asset Management industry
Industry Median: 0.69 vs BSP:SAPI11: 1.40

As of today (2026-07-14), the Dividend Yield % of Santander Papeis Imobiliarios Fundo De Investimento Imobiliario is 15.95%.

During the past 3 years, the highest Trailing Annual Dividend Yield of Santander Papeis Imobiliarios Fundo De Investimento Imobiliario was 16.00%. The lowest was 11.54%. And the median was 12.37%.

Santander Papeis Imobiliarios Fundo De Investimento Imobiliario's Dividends per Share for the months ended in Dec. 2025 was R$1.43.

During the past 12 months, Santander Papeis Imobiliarios Fundo De Investimento Imobiliario's average Dividends Per Share Growth Rate was 38.00% 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.


Santander Papeis Imobiliarios Fundo De Investimento Imobiliario (BSP:SAPI11) 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.


Santander Papeis Imobiliarios Fundo De Investimento Imobiliario Dividend Payout Ratio Related Terms


Santander Papeis Imobiliarios Fundo De Investimento Imobiliario Dividend Payout Ratio Historical Data

* Premium members only.

The historical data trend for Santander Papeis Imobiliarios 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.

Santander Papeis Imobiliarios Fundo De Investimento Imobiliario Dividend Payout Ratio Chart

Santander Papeis Imobiliarios Fundo De Investimento Imobiliario Annual Data
Trend Dec23 Dec24 Dec25
Dividend Payout Ratio
0.00 1.48 1.40

Santander Papeis Imobiliarios Fundo De Investimento Imobiliario Semi-Annual Data
Dec23 Dec24 Dec25
Dividend Payout Ratio 0.00 1.48 1.40

BSP:SAPI11 vs BLK, BX, KKR: Dividend Payout Ratio Comparison

For the Asset Management subindustry, Santander Papeis Imobiliarios 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.


Santander Papeis Imobiliarios Fundo De Investimento Imobiliario Dividend Payout Ratio vs Asset Management Industry

For the Asset Management industry and Financial Services sector, Santander Papeis Imobiliarios Fundo De Investimento Imobiliario's Dividend Payout Ratio distribution charts can be found below:

* The bar in red indicates where Santander Papeis Imobiliarios Fundo De Investimento Imobiliario's Dividend Payout Ratio falls into.


BSP:SAPI11
17GF Score
Santander Papeis Imobiliarios Fundo De Investimento Imobiliario BSP:SAPI11
Dividend Payout Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Santander Papeis Imobiliarios 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.

Santander Papeis Imobiliarios 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 )
=1.426/ 1.02
=1.40

Santander Papeis Imobiliarios 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 )
=1.426/ 1.02
=1.40

* 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 1.40 mean?
Santander Papeis Imobiliarios Fundo De Investimento Imobiliario (BSP:SAPI11) has a Dividend Payout Ratio of 1.40 as of Dec. 2025. Dividend payout ratio is the percent of company earnings paid out as dividends. View historical data on Santander Papeis Imobiliarios Fundo De Investimento Imobiliario and its competitors. This is near median its historical median of 1.44. Over the past decade, Santander Papeis Imobiliarios Fundo De Investimento Imobiliario's Dividend Payout Ratio has ranged from 1.40 to 1.48. According to the industry distribution chart, Santander Papeis Imobiliarios Fundo De Investimento Imobiliario ranks #724 out of 931 companies in the Asset Management industry, placing it in the top 77.8%.
Is Santander Papeis Imobiliarios Fundo De Investimento Imobiliario's Dividend Payout Ratio too high?
Santander Papeis Imobiliarios Fundo De Investimento Imobiliario's current Dividend Payout Ratio of 1.40 is near median its 10-year median of 1.44. Over the past 10 years, this metric has ranged from a low of 1.40 to a high of 1.48. The Asset Management industry median Dividend Payout Ratio is 0.69. Santander Papeis Imobiliarios Fundo De Investimento Imobiliario's value of 1.40 is 102.9% above this industry median. Based on the distribution chart, Santander Papeis Imobiliarios Fundo De Investimento Imobiliario ranks #724 out of 931 companies in the Asset Management industry, which is in the bottom quartile relative to peers. Overall, Santander Papeis Imobiliarios Fundo De Investimento Imobiliario has a GF Score™ of 17/100, reflecting its overall financial health beyond just this single metric.
How does Santander Papeis Imobiliarios Fundo De Investimento Imobiliario's Dividend Payout Ratio compare to BLK and BX?
According to the Asset Management industry distribution chart, Santander Papeis Imobiliarios Fundo De Investimento Imobiliario ranks #724 out of 931 companies for Dividend Payout Ratio. This places Santander Papeis Imobiliarios Fundo De Investimento Imobiliario in the lower half of its industry. The industry median Dividend Payout Ratio is 0.69. Santander Papeis Imobiliarios Fundo De Investimento Imobiliario's value of 1.40 is 102.9% above this benchmark. Historically, Santander Papeis Imobiliarios Fundo De Investimento Imobiliario's own Dividend Payout Ratio has ranged from 1.40 to 1.48 over the past decade. While the company's 10-year median is 1.44 vs. the industry median of 0.69, Santander Papeis Imobiliarios 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 an Asset Management company?
The median Dividend Payout Ratio among Asset Management companies is 0.69, based on 931 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. Santander Papeis Imobiliarios Fundo De Investimento Imobiliario's current Dividend Payout Ratio of 1.40 is 102.9% 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 Santander Papeis Imobiliarios Fundo De Investimento Imobiliario and its competitors. For the Asset Management industry, the median Dividend Payout Ratio is 0.69 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Santander Papeis Imobiliarios Fundo De Investimento Imobiliario's current Dividend Payout Ratio is 1.40, which is near median its own 10-year median of 1.44. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Santander Papeis Imobiliarios Fundo De Investimento Imobiliario stock overvalued right now?
Santander Papeis Imobiliarios Fundo De Investimento Imobiliario (BSP:SAPI11) has a current Dividend Payout Ratio of 1.40. The current Dividend Payout Ratio is 1.40, which is near median its 10-year median of 1.44 and 102.9% above the Asset Management industry median of 0.69. Santander Papeis Imobiliarios Fundo De Investimento Imobiliario's overall GF Score™ is 17/100 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 Ratio calculated?
Dividend Payout Ratio is calculated from a company's financial statements. For Santander Papeis Imobiliarios Fundo De Investimento Imobiliario (BSP:SAPI11), the current Dividend Payout Ratio is 1.40 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.

Santander Papeis Imobiliarios Fundo De Investimento Imobiliario Business Description

Address Rua Amador Bueno 474, 1st Floor, Block D, Sao Paulo, SP, BRA, CEP: 4752005
Santander Papeis Imobiliarios Fundo De Investimento Imobiliario is a Real Estate Fund that invests mainly in CRI's (Real Estate Receivables Certificates). The Fund's objective is to seek out businesses with low credit risk, diversifying the allocation in CRIs indexed to the IPCA and/or CDI, in addition to having monthly distribution of dividends.
17GF Score

Get the complete analysis for BSP:SAPI11

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

R$9.04
Price