FII Dividends: How It Works, Calendar, and Tax Exemption

The monthly FII dividend cycle:

• •Record date: Whoever holds shares on this date receives the dividend
• •Ex-date: From this date, buyers won't receive the next dividend
• •Announcement: The fund announces the value per share
• •Payment: Usually by the 15th business day of the following month

How much do FIIs pay? - Average dividend yield: 8% to 12% per year - Equals ~0.7% to 1.0% per month - Paper FIIs may pay more in high Selic scenarios - Brick FIIs tend to be more stable

Practical example: If you have R$100,000 in FIIs with 10% average annual DY: - Monthly income: ~R$833/month (tax-exempt) - Reinvesting 100%: in 10 years could reach ~R$270,000

In PaxMoney, you see all received dividends in a visual dashboard, with filters by FII, month, and year. AI projects your upcoming payments.

Dividend Yield Formula: DY = (Dividends in last 12 months / Current share price) × 100

Example: Share at R$100, R$10/year dividends → DY = 10%

How to interpret: - High DY (>12%): could be opportunity OR risk signal — investigate - Average DY (8-12%): normal range for healthy FIIs - Low DY (<8%): may indicate premium fund with appreciation potential

High DY traps: - Fund selling assets to pay dividends - Extraordinary (non-recurring) dividend - Share price crashed (DY rose artificially)

Yield on Cost (YoC): PaxMoney also calculates YoC — dividend yield based on YOUR average purchase price, not current price. This shows the real return on YOUR investment.

Example: Bought at R$80, R$10/year dividend → YoC = 12.5% (even if current DY is 10%)