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The latest update is out from Jones Lang LaSalle Income Property Trust Inc Class I-A ( (ZIPIAX) ).
On January 29, 2025, JLL Income Property Trust announced the income tax treatment of its 2024 dividends, where approximately 18% were non-dividend distribution or return of capital and 82% were tax-advantaged long-term capital gain. This announcement reflects the company’s ongoing efforts to optimize tax benefits for investors and maintain a strong dividend distribution record, further enhancing its market positioning and stakeholder value.
More about Jones Lang LaSalle Income Property Trust Inc Class I-A
JLL Income Property Trust is an institutionally managed daily NAV REIT with $6.6 billion in portfolio equity and debt investments, focusing on delivering durable and growing dividend distributions. The company aims to maximize tax efficiency of distributions, characterized entirely as either return of capital or long-term capital gain since its inception in 2012.
YTD Price Performance: 0.26%
Average Trading Volume: 0
Learn more about ZIPIAX stock on TipRanks’ Stock Analysis page.