MacKenzie Realty Capital, Inc. (NASDAQ:MKZR) CEO Buys $28,600.00 in Stock

Posted by Simon Gomez on Apr 6th, 2025

MacKenzie Realty Capital, Inc. (NASDAQ:MKZR – Get Free Report) CEO Robert E. Dixon bought 20,000 shares of the firm’s stock in a transaction on Thursday, April 3rd. The stock was acquired at an average price of $1.43 per share, for a total transaction of $28,600.00. Following the completion of the purchase, the chief executive officer now directly owns 231,512 shares in the company, valued at approximately $331,062.16. The trade was a 9.46 % increase in their ownership of the stock. The acquisition was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website.

MacKenzie Realty Capital Trading Down 1.4 %

MKZR stock opened at $1.40 on Friday. The stock has a 50 day moving average of $1.92. 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 business also recently declared a quarterly dividend, which will be paid on Friday, April 25th. Stockholders of record on Monday, March 31st will be issued a $0.05 dividend. This represents a $0.20 dividend on an annualized basis and a dividend yield of 14.29%. The ex-dividend date of this dividend is Monday, March 31st.

Institutional Investors Weigh In On MacKenzie Realty Capital

Large investors have recently added to or reduced their stakes in the company. Atomi Financial Group Inc. bought a new stake in MacKenzie Realty Capital in the 4th quarter worth approximately $225,000. World Equity Group Inc. purchased a new stake in shares of MacKenzie Realty Capital in the 4th quarter valued at $36,000. EverSource Wealth Advisors LLC bought a new position in shares of MacKenzie Realty Capital during the 4th quarter valued at $68,000. Juncture Wealth Strategies LLC purchased a new position in MacKenzie Realty Capital in the 4th quarter worth $42,000. Finally, Sageworth Trust Co bought a new stake in MacKenzie Realty Capital in the fourth quarter worth $71,000.

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.