MacKenzie Realty Capital, Inc. (NASDAQ:MKZR) CEO Robert E. Dixon Acquires 20,000 Shares

Posted by Tech Dows 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 that occurred on Thursday, April 3rd. The stock was purchased at an average cost of $1.43 per share, for a total transaction of $28,600.00. Following the completion of the purchase, the chief executive officer now owns 231,512 shares of the company’s stock, valued at $331,062.16. This trade represents a 9.46 % increase in their ownership of the stock. The purchase was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website.

MacKenzie Realty Capital Stock Performance

Shares of MacKenzie Realty Capital stock opened at $1.40 on Friday. The stock has a fifty day moving average price of $1.92. 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. Investors of record on Monday, March 31st will be paid a $0.05 dividend. The ex-dividend date is Monday, March 31st. This represents a $0.20 annualized dividend and a dividend yield of 14.29%.

Institutional Inflows and Outflows

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