MacKenzie Realty Capital Declares $0.375 Quarterly Dividend on Series A Preferred

MacKenzie Realty Capital, Inc., a real estate investment company, declared a quarterly dividend of $0.375 per share on its Series A Preferred shares for shareholders of record as of March 31, 2026. The dividend represents an annualized rate of 6% on the preferred shares. Read more dividend announcements.

Shareholders accepted into the fund as of January 1 or earlier will receive the full $0.375 per share quarterly dividend. The company applies pro-rated amounts for later acceptance dates, with shareholders accepted as of February 1 receiving $0.25 per share and those accepted March 1 receiving $0.125 per share.

The board of directors also approved monthly dividends of $0.125 per share for holders of record as of April 30, May 31, and June 30, 2026. These monthly payments will be distributed during July 2026.

In addition to the Series A announcement, the board approved regular dividends for the quarter ending June 30, 2026 for the company's Series B and Series C Preferred shares.

Dividend Details

Series B Preferred Dividend Structure

The Series B Preferred shares carry a 12% preferred return on the $25 purchase price, structured as a 3% current cash dividend and a 9% accrued return. This translates to cash dividends of $0.0625 per share per month and an accrued return of $0.1875 per share per month.

For the first quarter of 2026, Series B shareholders accepted January 1 received total dividends of $0.75 per share, consisting of $0.1875 in cash dividends and $0.5625 in accrued dividends. The board approved monthly Series B dividends of $0.0625 per share for April 30, May 31, and June 30, 2026, payable in July 2026.