MacKenzie Realty Capital, Inc. (NASDAQ:MKZR) CEO Buys $15,500.00 in Stock

Posted by Scott Moore on Mar 29th, 2025

MacKenzie Realty Capital, Inc. (NASDAQ:MKZR – Get Free Report) CEO Robert E. Dixon purchased 10,000 shares of the stock in a transaction that occurred on Wednesday, March 26th. The shares were purchased at an average cost of $1.55 per share, with a total value of $15,500.00. Following the completion of the acquisition, the chief executive officer now owns 145,591 shares in the company, valued at approximately $225,666.05. This represents a 7.38 % increase in their position. The acquisition was disclosed in a filing with the SEC, which is available through this link.

MacKenzie Realty Capital Price Performance

NASDAQ:MKZR opened at $1.55 on Friday. 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 $2.00.

MacKenzie Realty Capital Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Friday, April 25th. Shareholders of record on Monday, March 31st will be paid a dividend of $0.05 per share. The ex-dividend date is Monday, March 31st. This represents a $0.20 dividend on an annualized basis and a yield of 12.90%.

Institutional Investors Weigh In On MacKenzie Realty Capital

Several hedge funds and other institutional investors have recently bought and sold shares of the business. Legacy Investment Solutions LLC acquired a new stake in shares of MacKenzie Realty Capital during the fourth quarter worth approximately $370,000. Geode Capital Management LLC bought a new position in MacKenzie Realty Capital during the 4th quarter valued at $318,000. Centaurus Financial Inc. acquired a new position in MacKenzie Realty Capital during the 4th quarter worth $259,000. Ameriprise Financial Inc. bought a new stake in shares of MacKenzie Realty Capital in the 4th quarter worth about $253,000. Finally, Atomi Financial Group Inc. acquired a new stake in shares of MacKenzie Realty Capital in the 4th quarter valued at about $225,000.

MacKenzie Realty Capital Company Profile

(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.