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

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

MacKenzie Realty Capital Stock Performance

Shares of MKZR traded up $0.01 during midday trading on Wednesday, reaching $1.51. 63,300 shares of the stock were exchanged, compared to its average volume of 137,218. The firm has a 50 day moving average of $2.07. MacKenzie Realty Capital, Inc. has a twelve month low of $1.05 and a twelve month high of $6.07.

MacKenzie Realty Capital Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Friday, April 25th. Shareholders of record on Monday, March 31st will be paid a $0.05 dividend. This represents a $0.20 annualized dividend and a yield of 13.25%. The ex-dividend date of this dividend is Monday, March 31st.

Institutional Trading of MacKenzie Realty Capital

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

See Also

Insider Buying and Selling by Quarter for MacKenzie Realty Capital (NASDAQ:MKZR)

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