MRC cuts common dividend 60% to $0.05; preferred dividends unchanged

MacKenzie Realty Capital, Inc.

Common dividend reduced to $0.05/share (record Dec 31, payable Jan 25), down from $0.125 prior quarters.
Series A & B preferred dividends unchanged: $0.375 and $0.125 per share quarterly, respectively.
Now listed on Nasdaq (MKZR); retained Maxim Group for strategic advisory and potential equity raise.
Development 'Aurora at Green Valley' broke ground; 14% preferred return private placement ongoing.

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