MacKenzie Realty Capital, Inc. (MKZR) To Go Ex-Dividend on March 31st

MacKenzie Realty Capital, Inc. (NASDAQ:MKZR) announced a quarterly dividend on Thursday, March 20th, Wall Street Journal reports. Stockholders of record on Monday, March 31st will be paid a dividend of 0.05 per share on Friday, April 25th. This represents a $0.20 dividend on an annualized basis and a dividend yield of 12.90%. The ex-dividend date of this dividend is Monday, March 31st.

MacKenzie Realty Capital Stock Up 0.6 %

MKZR stock opened at $1.55 on Friday. MacKenzie Realty Capital has a 52-week low of $1.05 and a 52-week high of $6.07. The stock’s fifty day simple moving average is $2.00.

Insider Buying and Selling at MacKenzie Realty Capital

In other MacKenzie Realty Capital news, CEO Robert E. Dixon purchased 10,000 shares of the business’s stock in a transaction on Thursday, January 16th. The shares were bought at an average cost of $2.85 per share, for a total transaction of $28,500.00. Following the completion of the purchase, the chief executive officer now directly owns 19,935 shares of the company’s stock, valued at approximately $56,814.75. This trade represents a 100.65 % increase in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. Insiders have bought a total of 99,328 shares of company stock valued at $201,608 over the last quarter. 0.59% of the stock is owned by company insiders.

MacKenzie Realty Capital Company Profile

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.