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

Posted by Lindsey Winhoffer on Mar 29th, 2025

MacKenzie Realty Capital, Inc. (NASDAQ:MKZR – Get Free Report) CEO Robert E. Dixon bought 10,000 shares of the business’s stock in a transaction that occurred on Wednesday, March 26th. The stock was purchased at an average cost 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 in the company, valued at approximately $225,666.05. This trade represents a 7.38 % increase in their position. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this hyperlink.

MacKenzie Realty Capital Stock Up 0.6 %

Shares of NASDAQ:MKZR opened at $1.55 on Friday. The stock’s 50-day moving average price is $2.00. 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 declared a quarterly dividend, which will be paid on Friday, April 25th. Investors of record on Monday, March 31st will be issued a $0.05 dividend. The ex-dividend date is Monday, March 31st. This represents a $0.20 annualized dividend and a yield of 12.90%.

Institutional Inflows and Outflows

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