MacKenzie Realty Capital, Inc. (NASDAQ:MKZR – Get Free Report) CEO Robert E. Dixon bought 10,000 shares of the firm’s stock in a transaction that occurred on Wednesday, March 26th. The stock was bought at an average price of $1.55 per share, with a total value of $15,500.00. Following the completion of the acquisition, the chief executive officer now owns 145,591 shares of the company’s stock, valued at $225,666.05. This trade represents a 7.38 % increase in their position. The transaction was disclosed in a legal filing with the SEC, which is available at this hyperlink.
MacKenzie Realty Capital Trading Up 0.7 %
MKZR stock opened at $1.51 on Thursday. The firm has a 50-day moving average of $2.05. MacKenzie Realty Capital, Inc. has a 1 year low of $1.05 and a 1 year high of $6.07.
MacKenzie Realty Capital Announces Dividend
The company also recently announced 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 13.25%.
Institutional Inflows and Outflows
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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