MacKenzie Realty Capital, Inc. Common Stock
MKZRMacKenzie Realty Capital, Inc. (MKZR) is a real estate investment company that primarily focuses on acquiring, managing, and developing income-producing real estate assets. The company seeks to generate returns through its real estate holdings and investments, often exploring opportunities in various sectors such as residential, commercial, and industrial properties. MacKenzie Realty Capital aims to leverage its expertise to create value for its shareholders through strategic acquisitions and property management.
Dividend History
| Pay Date | Amount | Ex-Date | Record Date |
|---|---|---|---|
| April 25, 2025 | $0.05 | 2025-03-31 | 2025-03-31 |
| January 24, 2025 | $0.05 | 2024-12-31 | 2024-12-31 |
| October 25, 2024 | $0.12 | 2024-09-30 | 2024-09-30 |
Dividends Summary
- Consistent Payer: MacKenzie Realty Capital, Inc. Common Stock has rewarded shareholders with 3 dividend payments over the past 1 years.
- Total Returned Value: Investors who held MKZR shares during this period received a total of $0.23 per share in dividend income.
- Latest Payout: The most recent dividend of $0.05/share was paid 449 days ago, on April 25, 2025.
- Yield & Schedule: MKZR currently pays dividends quarterly with an annual yield of 13.47%.
- Dividend Growth: Since 2024, the dividend payout has decreased by 60.0%, from $0.12 to $0.05.
Company News
MacKenzie Realty Capital reported Q3 2026 results showing significant improvement with net revenues up 27% to $5.4 million and a return to profitability with positive FFO of $308,040 compared to negative $3.2 million in the prior year. The company's Aurora at Green Valley property is now stabilized and over 90% leased. Additionally, MacKenzie sec...
MacKenzie Realty Capital closed a $1 million loan agreement with Streeterville Capital to purchase approximately $1 million of CNL Healthcare Properties shares at $4.55 per share. The company expects CHP to merge with SNDA this month, with shares receiving consideration of approximately $6.90 per share, representing a potential gain for MacKenzie.
Mackenzie Realty Capital (MKZR) has created MacKenzie Apartment Communities, Inc. (MAC) as a standalone entity to house its multi-family assets and development properties. MAC, 100% owned by MKZR, comprises 4 stabilized properties and one development project with an initial Net Asset Value of $18.10 per share. The company plans to explore strateg...
MacKenzie Realty Capital reported Q1 2025 financial results with decreased net revenues of $4.54 million and reduced net operating loss of $3.49 million. The company's Aurora at Green Valley development is now over 50% leased, and management remains optimistic about future growth.
MacKenzie Realty Capital launched a tender offer to purchase up to 150,000 Starwood REIT shares at $16.25, which is a 22% discount to the estimated net asset value. The company also announced its adviser purchased additional shares and began leasing its multifamily development.
