Insider Buying: MacKenzie Realty Capital, Inc. (NASDAQ:MKZR) CEO Purchases 10,000 Shares of Stock

Posted by Joseph McCarthy on Mar 28th, 2025

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

MacKenzie Realty Capital Stock Up 2.0 %

MacKenzie Realty Capital stock opened at $1.54 on Friday. MacKenzie Realty Capital, Inc. has a 12-month low of $1.05 and a 12-month high of $6.07. The business has a 50 day moving average price of $2.02.

MacKenzie Realty Capital Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Friday, April 25th. Stockholders of record on Monday, March 31st will be given 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 modified their holdings of the company. Atomi Financial Group Inc. bought a new stake in MacKenzie Realty Capital during the fourth quarter valued at about $225,000. World Equity Group Inc. purchased a new stake in shares of MacKenzie Realty Capital during the fourth quarter worth about $36,000. EverSource Wealth Advisors LLC bought a new stake in MacKenzie Realty Capital during the 4th quarter valued at approximately $68,000. Juncture Wealth Strategies LLC purchased a new position in MacKenzie Realty Capital in the 4th quarter worth approximately $42,000. Finally, Sageworth Trust Co bought a new position in MacKenzie Realty Capital in the 4th quarter worth approximately $71,000.

About MacKenzie Realty Capital

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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.