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MacKenzie Realty Capital, Inc. (MKZR:MKZR) CEO/President Robert E. Dixon reported purchasing 9,000 shares of the company’s common stock on August 18, 2025. The shares were bought at $5.1, totaling $45,900. According to InvestingPro data, the $7.69M market cap company trades at a low Price/Book ratio of 0.12 and offers an impressive 38.61% dividend yield, though its financial health score is currently rated as weak.
Following the transaction, Dixon directly owns 321,551 shares of MacKenzie Realty Capital Inc.
Dixon also indirectly owns 55,718 shares through MacKenzie Real Estate Advisers, LP, and 5,569 shares through MPF Successors, LP. He disclaims beneficial ownership of these securities except to the extent of his pecuniary interest.
In other recent news, MacKenzie Realty Capital has approved regular quarterly dividends for its Series A and Series B preferred shares for the quarter ending September 30, 2025. The company has communicated this decision through a press release and an SEC filing, assuring shareholders of the dividend payments. Additionally, the Board of Directors has sanctioned a 1-for-10 reverse stock split to help meet the Nasdaq Capital Market’s minimum bid price requirement for continued listing. This reverse split will reduce the number of outstanding shares from approximately 15.8 million to 1.58 million. In another development, MacKenzie Realty Capital has appointed Baker Tilly as its new auditor following a merger with the company’s previous auditor, Moss Adams LLP. The change in the certifying accountant was confirmed by the company’s Audit Committee. Moss Adams’s audit reports for the fiscal years ending June 30, 2024, and 2023, did not contain any adverse opinions or disclaimers. These recent developments highlight key strategic and financial decisions by MacKenzie Realty Capital.
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