JLL Income Property Trust Declares $0.1575 Quarterly Dividend, 58th Consecutive
JLL Income Property Trust, a daily NAV REIT, declared a second quarter 2026 dividend of $0.1575 per share. The distribution marks the 58th consecutive quarterly payment to stockholders.
JLL Income Property Trust (NASDAQ: ZIPTAX), a daily net asset value REIT managing approximately $6.9 billion in portfolio equity and debt investments, declared a second quarter 2026 distribution of $0.1575 per share. The company's board of directors approved the dividend on March 2, 2026. Read more dividend announcements.
The distribution represents the 58th consecutive quarterly payment to stockholders since the REIT's inception 13 years ago. The dividend will be accrued daily and paid on or around July 1, 2026.
On an annualized basis, the gross distribution equals $0.63 per share, representing approximately 5.6% based on the company's net asset value per share of $11.23 as of the approval date. The actual distribution rate varies by share class after deducting applicable servicing fees.
Distribution by Share Class
The following table shows the second quarter 2026 distribution amounts across different share classes:
| Share Class | Gross Distribution | Servicing Fee | Net Distribution |
|---|---|---|---|
| M-I Share | $0.1575 | $0.00 | $0.1575 |
| A-I Share | $0.1575 | $0.00834 | $0.14916 |
| M Share | $0.1575 | $0.00833 | $0.14917 |
| A Share | $0.1575 | $0.02356 | $0.13394 |
Class A-I and Class M shares carry a stockholder servicing fee equal to 0.30% of NAV annually, while Class A shares have a 0.85% annual servicing fee. These fees are allocated daily and reduce the quarterly dividend paid to stockholders.
Distribution History
JLL Income Property Trust President and CEO Allan Swaringen said the company has increased its distribution nine times over its 13-year history, representing an average annual increase of 3.7%. The company paid a first quarter 2026 distribution of $0.1575 per share on April 1, 2026.
Future distributions remain subject to board approval. The company describes itself as an institutionally managed REIT that offers investors access to a portfolio of core real estate investments selected by an institutional investment management team and sponsored by JLL, a global real estate services firm.