Merito Desenvolvimento Imobiliario I FII Fundo de Investimento Imobiliario (BSP:MFII11) Dividend Yield %: 24.63% (As of Jun. 24, 2026) — 86% Above Median


BSP:MFII11 Merito Desenvolvimento Imobiliario I FII Fundo de Investimento Imobiliario BSP:MFII11
42 GF Score
Price R$50.71
GF Value R$35.23
Valuation Significantly Overvalued
! 5 Warning Signs
View Full Analysis

What is Merito Desenvolvimento Imobiliario I FII Fundo de Investimento Imobiliario Dividend Yield %?

Merito Desenvolvimento Imobiliario I FII Fundo de Investimento Imobiliario BSP:MFII11 +0.32% 42 Dividend Yield % is 24.63% as of Jun. 24, 2026, which is 86% above its 10-year median of 13.25. GuruFocus rates BSP:MFII11 with a GF Score™ of 42/100 and a GF Value™ of R$35.23 (Significantly Overvalued). The stock has 5 warning signs investors should review. Among 874 REITs companies, Merito Desenvolvimento Imobiliario I FII Fundo de Investimento Imobiliario ranks better than 97.48% on this metric.

As of today (2026-06-24), the Trailing Annual Dividend Yield of Merito Desenvolvimento Imobiliario I FII Fundo de Investimento Imobiliario is 24.63%.

The historical rank and industry rank for Merito Desenvolvimento Imobiliario I FII Fundo de Investimento Imobiliario's Dividend Yield % or its related term are showing as below:

BSP:MFII11' s Dividend Yield % Range Over the Past 10 Years
Min: 3.32   Med: 13.25   Max: 28.98
Current: 24.63

During the past 5 years, the highest Dividend Yield of Merito Desenvolvimento Imobiliario I FII Fundo de Investimento Imobiliario was 28.98%. The lowest was 3.32%. And the median was 13.25%.

BSP:MFII11's Dividend Yield % is ranked better than
97.48% of 874 companies
in the REITs industry
Industry Median: 6.755 vs BSP:MFII11: 24.63

Merito Desenvolvimento Imobiliario I FII Fundo de Investimento Imobiliario's Dividend Payout Ratio for the six months ended in Dec. 2025 was 1.27.

Warning Sign:

If a company's dividend payout ratio is too high, its dividend may not be sustainable. The dividend payout ratio of Merito Desenvolvimento Imobiliario I FII Fundo de Investimento Imobiliario is 1.27, which seems too high.

During the past 5 years, the highest Dividend Payout Ratio of Merito Desenvolvimento Imobiliario I FII Fundo de Investimento Imobiliario was 2.32. The lowest was 0.60. And the median was 1.26.

As of today (2026-06-24), the Forward Dividend Yield % of Merito Desenvolvimento Imobiliario I FII Fundo de Investimento Imobiliario is 24.63%.

Merito Desenvolvimento Imobiliario I FII Fundo de Investimento Imobiliario's Dividends per Share for the six months ended in Dec. 2025 was R$13.04.

During the past 12 months, Merito Desenvolvimento Imobiliario I FII Fundo de Investimento Imobiliario's average Dividends Per Share Growth Rate was -8.50% per year. During the past 3 years, the average Dividends Per Share Growth Rate was 1.70% per year.

During the past 5 years, the highest 3-Year average Dividends Per Share Growth Rate of Merito Desenvolvimento Imobiliario I FII Fundo de Investimento Imobiliario was 56.50% per year. The lowest was 1.70% per year. And the median was 29.10% 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.

Merito Desenvolvimento Imobiliario I FII Fundo de Investimento Imobiliario  (BSP:MFII11) Dividend Yield % Explanation

Over the long term, the return from dividends has been a significant contributor to the total returns produced by equity securities. Studies by Elroy Dimson, Paul Marsh, and Mike Staunton of Princeton University (2002) found that a market-oriented portfolio, which included reinvested dividends, would have generated nearly 85 times the wealth generated by the same portfolio relying solely on capital gains.

Dividends may also qualify a lower tax rate for investors.

In dividends investing, 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.

You can find the stocks that owned most by Gurus here. Or you can check out Warren Buffett's highest dividend stocks here.

Merito Desenvolvimento Imobiliario I FII Fundo de Investimento Imobiliario Dividend Yield % Related Terms

Merito Desenvolvimento Imobiliario I FII Fundo de Investimento Imobiliario Dividend Yield % Historical Data

* Premium members only.

The historical data trend for Merito Desenvolvimento Imobiliario I FII Fundo de Investimento Imobiliario's Dividend Yield % 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.

Merito Desenvolvimento Imobiliario I FII Fundo de Investimento Imobiliario Dividend Yield % Chart

Merito Desenvolvimento Imobiliario I FII Fundo de Investimento Imobiliario Annual Data
Trend Dec21 Dec22 Dec23 Dec24 Dec25
Dividend Yield %
2.20 14.69 13.99 15.21 17.11

Merito Desenvolvimento Imobiliario I FII Fundo de Investimento Imobiliario Semi-Annual Data
Dec21 Dec22 Dec23 Dec24 Dec25
Dividend Yield % 2.20 14.69 13.99 15.21 17.11

BSP:MFII11 vs VICI, WPC: Dividend Yield % Comparison

For the REIT - Diversified subindustry, Merito Desenvolvimento Imobiliario I FII Fundo de Investimento Imobiliario's Dividend Yield %, along with its competitors' market caps and Dividend Yield % 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.

Merito Desenvolvimento Imobiliario I FII Fundo de Investimento Imobiliario Dividend Yield % vs REITs Industry

For the REITs industry and Real Estate sector, Merito Desenvolvimento Imobiliario I FII Fundo de Investimento Imobiliario's Dividend Yield % distribution charts can be found below:

* The bar in red indicates where Merito Desenvolvimento Imobiliario I FII Fundo de Investimento Imobiliario's Dividend Yield % falls into.


BSP:MFII11
42GF Score
Merito Desenvolvimento Imobiliario I FII Fundo de Investimento Imobiliario BSP:MFII11
Dividend Yield % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Merito Desenvolvimento Imobiliario I FII Fundo de Investimento Imobiliario Dividend Yield % Calculation

Dividend Yield measures how much a company pays out in dividends each year relative to its share price.

Merito Desenvolvimento Imobiliario I FII Fundo de Investimento Imobiliario Recent Full-Year* Dividend History

Amount Ex-date Record Date Pay Date Type Frequency Forex Rate
BRL 0.9100002026-06-012026-05-292026-06-15Cash DividendmonthlyBRL:BRL 1.000000
BRL 0.9100002026-05-042026-04-302026-05-15Cash DividendmonthlyBRL:BRL 1.000000
BRL 1.0600002026-04-012026-03-312026-04-15Cash DividendmonthlyBRL:BRL 1.000000
BRL 1.0500002026-03-022026-02-272026-03-13Cash DividendmonthlyBRL:BRL 1.000000
BRL 1.0500002026-02-022026-01-302026-02-13Cash DividendmonthlyBRL:BRL 1.000000
BRL 1.0700002026-01-022025-12-302026-01-15Cash DividendmonthlyBRL:BRL 1.000000
BRL 1.0700002025-12-012025-11-282025-12-12Cash DividendmonthlyBRL:BRL 1.000000
BRL 1.0700002025-11-032025-10-312025-11-14Cash DividendmonthlyBRL:BRL 1.000000
BRL 1.0700002025-10-012025-09-302025-10-14Cash DividendmonthlyBRL:BRL 1.000000
BRL 1.0600002025-09-012025-08-292025-09-12Cash DividendmonthlyBRL:BRL 1.000000
BRL 1.0600002025-08-012025-07-312025-08-14Cash DividendmonthlyBRL:BRL 1.000000
BRL 1.1100002025-07-012025-06-302025-07-14Cash DividendmonthlyBRL:BRL 1.000000

* GuruFocus has an internal rule that if the most recent dividend payment frequency is at least 4 times a year, then the full year will be calculated according to the frequency of payment or the one-year time frame, whichever is stricter.
* GuruFocus converts dividend currency to local traded share price currency in order to calculate dividend yield. Please refer to the last column "Forex Rate" in the above table.

Merito Desenvolvimento Imobiliario I FII Fundo de Investimento Imobiliario's Trailing Annual Dividend Yield (%) for Today is calculated as

Trailing Annual Dividend Yield=Most Recent Full Year Dividend/Current Share Price
=12.49/50.71
=24.63 %

Current Share Price is R$50.71.
Merito Desenvolvimento Imobiliario I FII Fundo de Investimento Imobiliario's Dividends per Share for the trailing twelve months (TTM) ended in Today is R$12.49.

Merito Desenvolvimento Imobiliario I FII Fundo de Investimento Imobiliario's Forward Annual Dividend Yield (%) for Today is calculated as

Forward Annual Dividend Yield=Forward Full Year Dividend/Current Share Price
=10.92/50.71
=21.53 %

Current Share Price is R$50.71.
Merito Desenvolvimento Imobiliario I FII Fundo de Investimento Imobiliario's Dividends per Share for the forward twelve months is calculated as R$0.91 * 12 = R$10.92.

* 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 Yield % →
What does a Dividend Yield % of 24.63% mean?
Merito Desenvolvimento Imobiliario I FII Fundo de Investimento Imobiliario (BSP:MFII11) has a Dividend Yield % of 24.63% as of Jun. 24, 2026. Dividend yield is the ratio of company dividends to the share price. View historical data on Merito Desenvolvimento Imobiliario I FII Fundo de Investimento Imobiliario and its competitors. This is 86% above median its historical median of 13.25. Over the past decade, Merito Desenvolvimento Imobiliario I FII Fundo de Investimento Imobiliario's Dividend Yield % has ranged from 3.32 to 28.98. According to the industry distribution chart, Merito Desenvolvimento Imobiliario I FII Fundo de Investimento Imobiliario ranks #22 out of 874 companies in the REITs industry, placing it in the top 2.5%.
Is Merito Desenvolvimento Imobiliario I FII Fundo de Investimento Imobiliario's Dividend Yield % too high?
Merito Desenvolvimento Imobiliario I FII Fundo de Investimento Imobiliario's current Dividend Yield % of 24.63% is 86% above median its 10-year median of 13.25. Over the past 10 years, this metric has ranged from a low of 3.32 to a high of 28.98. The REITs industry median Dividend Yield % is 6.76. Merito Desenvolvimento Imobiliario I FII Fundo de Investimento Imobiliario's value of 24.63% is 264.6% above this industry median. Based on the distribution chart, Merito Desenvolvimento Imobiliario I FII Fundo de Investimento Imobiliario ranks #22 out of 874 companies in the REITs industry, which is in the top quartile — a strong position relative to peers. Overall, Merito Desenvolvimento Imobiliario I FII Fundo de Investimento Imobiliario has a GF Score™ of 42/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Merito Desenvolvimento Imobiliario I FII Fundo de Investimento Imobiliario's Dividend Yield % compare to VICI and WPC?
According to the REITs industry distribution chart, Merito Desenvolvimento Imobiliario I FII Fundo de Investimento Imobiliario ranks #22 out of 874 companies for Dividend Yield %. This places Merito Desenvolvimento Imobiliario I FII Fundo de Investimento Imobiliario in the top 3% of its industry — outperforming the majority of peers. The industry median Dividend Yield % is 6.76. Merito Desenvolvimento Imobiliario I FII Fundo de Investimento Imobiliario's value of 24.63% is 264.6% above this benchmark. Historically, Merito Desenvolvimento Imobiliario I FII Fundo de Investimento Imobiliario's own Dividend Yield % has ranged from 3.32 to 28.98 over the past decade. While the company's 10-year median is 13.25 vs. the industry median of 6.76, Merito Desenvolvimento Imobiliario I FII 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 Yield % for a REITs company?
The median Dividend Yield % among REITs companies is 6.76, based on 874 companies in the industry. Companies in the top quartile (top 25%) have a Dividend Yield % significantly above this median, while those in the bottom quartile fall well below. However, Dividend Yield % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Merito Desenvolvimento Imobiliario I FII Fundo de Investimento Imobiliario's current Dividend Yield % of 24.63% is 264.6% 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 Yield % mean?
A high Dividend Yield % can signal that a stock is expensive relative to its fundamentals. Dividend yield is the ratio of company dividends to the share price. View historical data on Merito Desenvolvimento Imobiliario I FII Fundo de Investimento Imobiliario and its competitors. For the REITs industry, the median Dividend Yield % is 6.76 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Merito Desenvolvimento Imobiliario I FII Fundo de Investimento Imobiliario's current Dividend Yield % is 24.63%, which is 86% above median its own 10-year median of 13.25. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Merito Desenvolvimento Imobiliario I FII Fundo de Investimento Imobiliario stock overvalued right now?
Based on GuruFocus' analysis, Merito Desenvolvimento Imobiliario I FII Fundo de Investimento Imobiliario (BSP:MFII11) is currently considered Significantly Overvalued. The stock's GF Value™ is R$35.23, compared to a current price of R$50.71 — trading 43.9% above its estimated fair value. The current Dividend Yield % is 24.63%, which is 86% above median its 10-year median of 13.25 and 264.6% above the REITs industry median of 6.76. Merito Desenvolvimento Imobiliario I FII Fundo de Investimento Imobiliario's overall GF Score™ is 42/100 with 5 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Dividend Yield % calculated?
Dividend Yield % is calculated from a company's financial statements. For Merito Desenvolvimento Imobiliario I FII Fundo de Investimento Imobiliario (BSP:MFII11), the current Dividend Yield % is 24.63% as of Jun. 24, 2026. 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 Merito Desenvolvimento Imobiliario I FII Fundo de Investimento Imobiliario (BSP:MFII11) Overvalued in 2026?

Based on GuruFocus' analysis, Merito Desenvolvimento Imobiliario I FII Fundo de Investimento Imobiliario stock appears to be overvalued. The current stock price of R$50.71 is trading 43.9% above its estimated GF Value™ of R$35.23. GuruFocus considers Merito Desenvolvimento Imobiliario I FII Fundo de Investimento Imobiliario to be Significantly Overvalued.

Key valuation signals for BSP:MFII11:

  • Dividend Yield %: 24.63% (86% above median its 10-year median of 13.25)
  • GF Value™: R$35.23 vs. price of R$50.71 (43.9% above fair value)
  • GF Score™: 42/100 with 5 warning signs
  • Industry Position: 264.6% above the REITs median (#22 of 874)

No single metric tells the full story. See the BSP:MFII11 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

Merito Desenvolvimento Imobiliario I FII Fundo de Investimento Imobiliario Business Description

Industry Real EstateREITs
Address Rua Funchal, 418 - 21 andar, Sao Paulo, SP, BRA, 04548-004
Merito Desenvolvimento Imobiliario I FII Fundo de Investimento Imobiliario is a real estate investment trust. It is engaged in the acquisition of interests in real estate development projects developed in partnership with developers.
42GF Score

Get the complete analysis for BSP:MFII11

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

R$50.71
Price
R$35.23
GF Value