MacKenzie Realty Capital Announces Quarterly Dividend
Ticker: MKZR · Form: 8-K · Filed: 2025-01-15T00:00:00.000Z
Sentiment: neutral
Topics: dividend, REIT
TL;DR
MRC paying out quarterly dividend, check your brokerage for details.
AI Summary
MacKenzie Realty Capital, Inc. announced on January 15, 2025, a quarterly dividend payment. The company, incorporated in Maryland, is a real estate investment trust. The filing does not specify the dividend amount or the record date for the dividend.
Why It Matters
This filing indicates a regular dividend distribution, which is a key factor for income-focused investors in real estate investment trusts.
Risk Assessment
Risk Level: low — The filing is a routine disclosure of a dividend payment, which is standard for REITs and does not present new risks.
Key Players & Entities
- MacKenzie Realty Capital, Inc. (company) — Registrant
- January 15, 2025 (date) — Date of Earliest Event Reported
- Maryland (jurisdiction) — State of Incorporation
- 6798 (industry_code) — Standard Industrial Classification
- 89 Davis Road, Suite 100 (address) — Principal Executive Offices
- Orinda, California (location) — Principal Executive Offices City and State
- 94563 (zip_code) — Principal Executive Offices Zip Code
- 925-631-9100 (phone_number) — Registrant's telephone number
FAQ
What is the amount of the quarterly dividend being announced?
The filing does not specify the exact dollar amount of the quarterly dividend.
What is the record date for the dividend payment?
The filing does not state the record date for the dividend payment.
What is the ex-dividend date for this payment?
The filing does not provide information on the ex-dividend date.
What is the payment date for the announced dividend?
The filing does not specify the payment date for the dividend.
What specific business event is being reported on January 15, 2025?
The earliest event reported is the announcement of a quarterly dividend payment.
Filing Stats: 654 words · 3 min read · ~2 pages · Grade level 11.5 · Accepted 2025-01-15 15:45:22
Key Financial Figures
- $0.0001 — ange on which registered Common Stock, $0.0001 per value MKZR NASDAQ Indicate by
Filing Documents
- mrc8kqtrdividend011525.htm (8-K) — 30KB
- preferredaletter.htm (EX-99.1) — 55KB
- preferredbletter.htm (EX-99.2) — 58KB
- commonletter.htm (EX-99.3) — 52KB
- 0001550913-25-000020.txt ( ) — 340KB
- mkzr-20250115.xsd (EX-101.SCH) — 4KB
- mkzr-20250115_lab.xml (EX-101.LAB) — 21KB
- mkzr-20250115_pre.xml (EX-101.PRE) — 16KB
- mrc8kqtrdividend011525_htm.xml (XML) — 4KB
01 Regulation FD Disclosure
Item 7.01 Regulation FD Disclosure. On or about January 15, 2025, MacKenzie Realty Capital, Inc., will mail a letter to its Series A and B preferred stockholders. On or about January 25, 2025, MacKenzie Realty Capital, Inc., will mail a letter to its common stockholders. The full text of the letters are attached as Exhibit 99.2, 99.3 and 99.4, respectively, to this Current Report on Form 8-K and are incorporated by reference herein. The information in this Current Report is furnished pursuant to Item 7 and shall not be deemed to be "filed" for the purpose of Section 18 of the Securities Exchange Act of 1934 or otherwise subject to the liabilities of that section. This information will not be deemed an admission as to the materiality of any information contained herein that is required to be disclosed solely by Regulation FD. Statements in this Current Report on Form 8-K, including intentions, beliefs, expectations, or projections relating to items such as the timing of payment of dividends are forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. Such statements are based on current expectations and assumptions with respect to, among other things, future economic, competitive and market conditions and future business decisions that may prove incorrect or inaccurate. Important factors that could cause actual results to differ materially from those in the forward-looking statements include the risks described in the "Risk Factors" section of the Company's Annual Report on Form 10-K for the year ended June 30, 2024, as amended, and its other filings with the Securities and Exchange Commission.
01 Financial Statements and Exhibits
Item 9.01 Financial Statements and Exhibits. (d) Exhibits Exhibit Number Description 99.1 Letter to Series A preferred stockholders 99.2 Letter to Series B preferred stockholders 99.3 Letter to common stockholders
SIGNATURES
SIGNATURES Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized. MACKENZIE REALTY CAPITAL, INC . (Registrant) Date: January 15, 2025 By: /s/ Robert Dixon Robert Dixon President