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

Posted by James Conley on Mar 26th, 2025

MacKenzie Realty Capital, Inc. (NASDAQ:MKZR – Get Free Report) CEO Robert E. Dixon purchased 10,000 shares of the business’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 purchase, the chief executive officer now owns 145,591 shares of the company’s stock, valued at approximately $225,666.05. This represents a 7.38 % increase in their position. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink.

MacKenzie Realty Capital Trading Up 0.7 %

MKZR traded up $0.01 during trading hours on Wednesday, hitting $1.51. 63,300 shares of the company’s stock were exchanged, compared to its average volume of 137,218. MacKenzie Realty Capital, Inc. has a 1-year low of $1.05 and a 1-year high of $6.07. The firm has a 50-day moving average price of $2.07.

MacKenzie Realty Capital Dividend Announcement

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

Institutional Trading of MacKenzie Realty Capital

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

About MacKenzie Realty Capital

(Get Free Report)

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.