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

Posted by Alanna Baker on Mar 28th, 2025

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

MacKenzie Realty Capital Trading Up 2.0 %

Shares of MKZR stock opened at $1.54 on Friday. The firm’s fifty day simple moving average is $2.02. MacKenzie Realty Capital, Inc. has a 12 month low of $1.05 and a 12 month high of $6.07.

MacKenzie Realty Capital Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Friday, April 25th. Stockholders of record on Monday, March 31st will be issued a dividend of $0.05 per share. The ex-dividend date is Monday, March 31st. This represents a $0.20 annualized dividend and a dividend yield of 12.99%.

Institutional Inflows and Outflows

Large investors have recently added to or reduced their stakes in the stock. Atomi Financial Group Inc. purchased a new position in MacKenzie Realty Capital in the fourth quarter worth about $225,000. Juncture Wealth Strategies LLC purchased a new position in shares of MacKenzie Realty Capital in the fourth quarter worth approximately $42,000. Sageworth Trust Co bought a new stake in MacKenzie Realty Capital during the fourth quarter valued at approximately $71,000. World Equity Group Inc. purchased a new stake in MacKenzie Realty Capital during the fourth quarter valued at approximately $36,000. Finally, Meridian Wealth Management LLC purchased a new stake in MacKenzie Realty Capital during the fourth quarter valued at approximately $47,000.

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.