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Robert E. Dixon, CEO and President of MacKenzie Realty Capital, Inc. (OTC:MKZR), acquired 22,559 shares of the company’s common stock on August 6, 2025, at $4.31 per share, totaling $97,229. The purchase comes as the stock trades near its 52-week low, down 85% year-to-date, with InvestingPro analysis indicating the stock is currently undervalued. The company offers an impressive 43.7% dividend yield, though InvestingPro data shows some concerns about short-term liquidity.
Following the transaction, Dixon indirectly holds 22,559 shares through MacKenzie Real Estate Advisers, LP and 55,692 shares through MPF Successors, LP. Dixon also directly holds 231,512 shares of MacKenzie Realty Capital, Inc., demonstrating significant insider confidence in the $7.27 million market cap company. Get more insights about MKZR’s valuation and 12 additional key metrics with InvestingPro.
In other recent news, MacKenzie Realty Capital, Inc. announced the approval of regular quarterly dividends for its Series A and Series B preferred shares for the quarter ending September 30, 2025. This decision was confirmed through a press release and an SEC filing, with letters to be mailed to preferred stockholders. Additionally, the company has approved a 1-for-10 reverse stock split to meet the Nasdaq Capital Market’s minimum bid price requirement, reducing the number of outstanding shares from approximately 15.8 million to 1.58 million. In another development, MacKenzie Realty Capital has appointed Baker Tilly US, LLP as its new auditor following the merger of its previous auditor, Moss Adams LLP, with Baker Tilly. The audit reports by Moss Adams for the fiscal years ending June 30, 2024, and 2023, were free of any adverse opinions or modifications. These recent developments reflect ongoing strategic adjustments within the company.
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