MacKenzie Realty Capital, Inc. (NASDAQ:MKZR – Get 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
MacKenzie Realty Capital Company Profile
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.
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