MacKenzie Realty Capital, Inc. (NASDAQ:MKZR) CEO Robert E. Dixon Acquires 15,000 Shares

Posted by Stacy Sanders on Jan 22nd, 2025

MacKenzie Realty Capital, Inc. (NASDAQ:MKZR – Get Free Report) CEO Robert E. Dixon purchased 15,000 shares of the stock in a transaction that occurred on Tuesday, January 21st. The stock was bought at an average cost of $2.56 per share, for a total transaction of $38,400.00. Following the acquisition, the chief executive officer now directly owns 40,000 shares in the company, valued at $102,400. This trade represents a 60.00 % increase in their position. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this link.

MacKenzie Realty Capital Price Performance

NASDAQ MKZR traded up $0.02 on Wednesday, hitting $2.19. 93,425 shares of the stock traded hands, compared to its average volume of 81,558. MacKenzie Realty Capital, Inc. has a 12 month low of $1.05 and a 12 month high of $6.07.

MacKenzie Realty Capital Cuts Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Friday, January 24th. Investors of record on Tuesday, December 31st will be issued a $0.05 dividend. This represents a $0.20 annualized dividend and a yield of 9.13%. The ex-dividend date of this dividend is Tuesday, December 31st.

Institutional Investors Weigh In On MacKenzie Realty Capital

An institutional investor recently bought a new position in MacKenzie Realty Capital stock. Atomi Financial Group Inc. purchased a new stake in MacKenzie Realty Capital, Inc. (NASDAQ:MKZR – Free Report) during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund purchased 71,327 shares of the company’s stock, valued at approximately $225,000. Atomi Financial Group Inc. owned 0.53% of MacKenzie Realty Capital as of its most recent SEC filing.

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.