MacKenzie Realty Capital, Inc. (NASDAQ:MKZR) CEO Robert E. Dixon Acquires 10,000 Shares of Stock

Posted by Mitch Edgeman on Mar 27th, 2025

MacKenzie Realty Capital, Inc. (NASDAQ:MKZR – Get Free Report) CEO Robert E. Dixon bought 10,000 shares of the firm’s stock in a transaction on Wednesday, March 26th. The stock was bought at an average cost of $1.55 per share, for a total transaction of $15,500.00. Following the transaction, the chief executive officer now directly owns 145,591 shares of the company’s stock, valued at $225,666.05. The trade was a 7.38 % increase in their ownership of the stock. The purchase was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink.

MacKenzie Realty Capital Trading Up 0.7 %

MacKenzie Realty Capital stock opened at $1.51 on Thursday. The company has a 50 day moving average of $2.05. MacKenzie Realty Capital, Inc. has a 1 year low of $1.05 and a 1 year high of $6.07.

MacKenzie Realty Capital Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Friday, April 25th. Shareholders of record on Monday, March 31st will be given a $0.05 dividend. This represents a $0.20 dividend on an annualized basis and a yield of 13.25%. The ex-dividend date is Monday, March 31st.

Institutional Inflows and Outflows

Large investors have recently added to or reduced their stakes in the company. Legacy Investment Solutions LLC acquired a new stake in shares of MacKenzie Realty Capital in the fourth quarter valued at $370,000. Geode Capital Management LLC purchased a new position in MacKenzie Realty Capital during the 4th quarter valued at about $318,000. Centaurus Financial Inc. acquired a new position in MacKenzie Realty Capital in the 4th quarter valued at about $259,000. Ameriprise Financial Inc. purchased a new stake in MacKenzie Realty Capital during the fourth quarter worth about $253,000. Finally, Atomi Financial Group Inc. acquired a new stake in shares of MacKenzie Realty Capital during the fourth quarter worth about $225,000.

About MacKenzie Realty Capital

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MacKenzie Realty Capital Inc is a REIT which focused on investing in multifamily housing and office real estate properties located principally in the United States. MacKenzie Realty Capital Inc is based in ORINDA, Calif.