JLL Income Property Trust Announces Monthly Distributions to Investors

JLL Income Property Trust, an institutionally managed, daily NAV REIT (Nasdaq: ZIPTAX; ZIPTMX; ZIPIAX; ZIPIMX; ZIPIBX; ZIPSAX; ZIPZAX; ZIPDBX) with approximately $6.9 billion in portfolio equity and debt investments, announced that on March 26, 2026, its Board of Directors declared three consecutive monthly distributions for its stockholders of $0.0525 per share for the second quarter of 2026, to be paid in April, May, and June 2026. Going forward, the fund intends to continue to pay monthly distributions to stockholders rather than quarterly, subject to board approval. The monthly distributions are intended to better serve shareholders by providing the same cash amount of distribution previously distributed quarterly at a faster and more frequent rate. Distributions for the second quarter of 2026 are payable to stockholders of record as of the close of business on April 23, 2026, May 22, 2026, and June 23, 2026, respectively. On an annualized basis, this gross distribution is equivalent to $0.63 per share and represents a distribution rate of approximately 5.6% on a NAV per share of $11.23 as of the date of approval. All stockholders will receive monthly distributions of $0.0525 per share less applicable share class specific fees and the annualized distribution rate will differ based on the share class. The board's previous dividend declaration of $0.1575 for the quarter commencing April 1 and ending June 30 announced on March 16, 2026 was revoked by the Board of Directors and replaced by three monthly distributions of $0.0525 per share. "Monthly distributions will now deliver cash and shares to our stockholders faster and more frequently, which we believe to be a meaningful benefit for investors," said JLL Income Property Trust President and CEO Allan Swaringen. "We are proud to build upon our reputation as a reliable... Read more

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