dividend
confidence high
sentiment positive
materiality 0.50
MacKenzie Realty declares $0.125 common dividend; Series A $0.375, Series B $0.75
MacKenzie Realty Capital, Inc.
- Common dividend of $0.125 per share payable July 26, 2024 to holders of record June 30, 2024.
- Series A preferred dividend $0.375 per share (6% annualized) payable July 12, 2024.
- Series B preferred cash dividend $0.0625/month plus $0.1875/month accrued (12% total return).
- Company continues to pursue NYSE-American listing but provides no timing or price guidance.
- Board may consider stock buyback after September 2024 10-K filing.