Fundo De Investimento Imobiliario Spx Syn Multiestrategia (BSP:SPXS11) Dividend Payout Ratio: 0.84 (As of Dec. 2025) — 31% Below Median


BSP:SPXS11 Fundo De Investimento Imobiliario Spx Syn Multiestrategia BSP:SPXS11
27 GF Score
Price R$8.06
! 2 Warning Signs
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What is Fundo De Investimento Imobiliario Spx Syn Multiestrategia Dividend Payout Ratio?

Fundo De Investimento Imobiliario Spx Syn Multiestrategia BSP:SPXS11 -0.25% 27 Dividend Payout Ratio is 0.84 as of Dec. 2025, which is 31% below its 10-year median of 1.21. GuruFocus rates BSP:SPXS11 with a GF Scoreâ„¢ of 27/100. The stock has 2 warning signs investors should review. Among 714 REITs companies, Fundo De Investimento Imobiliario Spx Syn Multiestrategia ranks better than 65.13% 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 De Investimento Imobiliario Spx Syn Multiestrategia's Dividend Payout Ratio for the months ended in Dec. 2025 was 0.84.

Warning Sign:

If a company's dividend payout ratio is too high, its dividend may not be sustainable. The dividend payout ratio of Fundo De Investimento Imobiliario Spx Syn Multiestrategia is 0.84, which seems too high.

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

BSP:SPXS11' s Dividend Payout Ratio Range Over the Past 10 Years
Min: 0.84   Med: 1.21   Max: 1.81
Current: 0.84


During the past 4 years, the highest Dividend Payout Ratio of Fundo De Investimento Imobiliario Spx Syn Multiestrategia was 1.81. The lowest was 0.84. And the median was 1.21.

BSP:SPXS11's Dividend Payout Ratio is ranked better than
65.13% of 714 companies
in the REITs industry
Industry Median: 0.99 vs BSP:SPXS11: 0.84

As of today (2026-07-12), the Dividend Yield % of Fundo De Investimento Imobiliario Spx Syn Multiestrategia is 15.04%.

During the past 4 years, the highest Trailing Annual Dividend Yield of Fundo De Investimento Imobiliario Spx Syn Multiestrategia was 17.66%. The lowest was 12.73%. And the median was 13.80%.

Fundo De Investimento Imobiliario Spx Syn Multiestrategia's Dividends per Share for the months ended in Dec. 2025 was R$1.23.

During the past 12 months, Fundo De Investimento Imobiliario Spx Syn Multiestrategia's average Dividends Per Share Growth Rate was 4.90% 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 De Investimento Imobiliario Spx Syn Multiestrategia (BSP:SPXS11) 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 De Investimento Imobiliario Spx Syn Multiestrategia Dividend Payout Ratio Related Terms


Fundo De Investimento Imobiliario Spx Syn Multiestrategia Dividend Payout Ratio Historical Data

* Premium members only.

The historical data trend for Fundo De Investimento Imobiliario Spx Syn Multiestrategia'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 De Investimento Imobiliario Spx Syn Multiestrategia Dividend Payout Ratio Chart

Fundo De Investimento Imobiliario Spx Syn Multiestrategia Annual Data
Trend Dec22 Dec23 Dec24 Dec25
Dividend Payout Ratio
0.00 1.21 1.81 0.84

Fundo De Investimento Imobiliario Spx Syn Multiestrategia Semi-Annual Data
Dec22 Dec23 Dec24 Dec25
Dividend Payout Ratio 0.00 1.21 1.81 0.84

BSP:SPXS11 vs VICI, WPC: Dividend Payout Ratio Comparison

For the REIT - Diversified subindustry, Fundo De Investimento Imobiliario Spx Syn Multiestrategia'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 De Investimento Imobiliario Spx Syn Multiestrategia Dividend Payout Ratio vs REITs Industry

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

* The bar in red indicates where Fundo De Investimento Imobiliario Spx Syn Multiestrategia's Dividend Payout Ratio falls into.


BSP:SPXS11
27GF Score
Fundo De Investimento Imobiliario Spx Syn Multiestrategia BSP:SPXS11
Dividend Payout Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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Fundo De Investimento Imobiliario Spx Syn Multiestrategia 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 De Investimento Imobiliario Spx Syn Multiestrategia'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 )
=1.23/ 1.47
=0.84

Fundo De Investimento Imobiliario Spx Syn Multiestrategia'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 )
=1.23/ 1.47
=0.84

* 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 0.84 mean?
Fundo De Investimento Imobiliario Spx Syn Multiestrategia (BSP:SPXS11) has a Dividend Payout Ratio of 0.84 as of Dec. 2025. Dividend payout ratio is the percent of company earnings paid out as dividends. View historical data on Fundo De Investimento Imobiliario Spx Syn Multiestrategia and its competitors. This is 31% below median its historical median of 1.21. Over the past decade, Fundo De Investimento Imobiliario Spx Syn Multiestrategia's Dividend Payout Ratio has ranged from 0.84 to 1.81. According to the industry distribution chart, Fundo De Investimento Imobiliario Spx Syn Multiestrategia ranks #249 out of 714 companies in the REITs industry, placing it in the top 34.9%.
Is Fundo De Investimento Imobiliario Spx Syn Multiestrategia's Dividend Payout Ratio too high?
Fundo De Investimento Imobiliario Spx Syn Multiestrategia's current Dividend Payout Ratio of 0.84 is 31% below median its 10-year median of 1.21. Over the past 10 years, this metric has ranged from a low of 0.84 to a high of 1.81. The REITs industry median Dividend Payout Ratio is 0.99. Fundo De Investimento Imobiliario Spx Syn Multiestrategia's value of 0.84 is 15.2% below this industry median. Based on the distribution chart, Fundo De Investimento Imobiliario Spx Syn Multiestrategia ranks #249 out of 714 companies in the REITs industry, which is above the industry midpoint. Overall, Fundo De Investimento Imobiliario Spx Syn Multiestrategia has a GF Scoreâ„¢ of 27/100, reflecting its overall financial health beyond just this single metric.
How does Fundo De Investimento Imobiliario Spx Syn Multiestrategia's Dividend Payout Ratio compare to VICI and WPC?
According to the REITs industry distribution chart, Fundo De Investimento Imobiliario Spx Syn Multiestrategia ranks #249 out of 714 companies for Dividend Payout Ratio. This puts Fundo De Investimento Imobiliario Spx Syn Multiestrategia in the upper half of its industry. The industry median Dividend Payout Ratio is 0.99. Fundo De Investimento Imobiliario Spx Syn Multiestrategia's value of 0.84 is 15.2% below this benchmark. Historically, Fundo De Investimento Imobiliario Spx Syn Multiestrategia's own Dividend Payout Ratio has ranged from 0.84 to 1.81 over the past decade. While the company's 10-year median is 1.21 vs. the industry median of 0.99, Fundo De Investimento Imobiliario Spx Syn Multiestrategia 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 714 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 De Investimento Imobiliario Spx Syn Multiestrategia's current Dividend Payout Ratio of 0.84 is 15.2% 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 Fundo De Investimento Imobiliario Spx Syn Multiestrategia 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 De Investimento Imobiliario Spx Syn Multiestrategia's current Dividend Payout Ratio is 0.84, which is 31% below median its own 10-year median of 1.21. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Fundo De Investimento Imobiliario Spx Syn Multiestrategia stock overvalued right now?
Fundo De Investimento Imobiliario Spx Syn Multiestrategia (BSP:SPXS11) has a current Dividend Payout Ratio of 0.84. The current Dividend Payout Ratio is 0.84, which is 31% below median its 10-year median of 1.21 and 15.2% below the REITs industry median of 0.99. Fundo De Investimento Imobiliario Spx Syn Multiestrategia's overall GF Score™ is 27/100 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 De Investimento Imobiliario Spx Syn Multiestrategia (BSP:SPXS11), the current Dividend Payout Ratio is 0.84 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.

Fundo De Investimento Imobiliario Spx Syn Multiestrategia Business Description

Industry Real EstateREITs
Address PRAIA DE BOTAFOGO, 501 - 6th Floor, Botafogo, Rio de Janeiro, RJ, BRA, 22250040
Fundo De Investimento Imobiliario SPX Syn Multiestrategia is a closed-end real estate investment fund. The fund's goal is to generate income and/or capital gains, as well as to provide shareholders with appreciation of their shares through investment and, when applicable, divestment, in various asset classes.
27GF Score

Get the complete analysis for BSP:SPXS11

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

R$8.06
Price