MacKenzie Realty Capital Suspends Quarterly Cash Dividend

MacKenzie Realty Capital, Inc. ( (MKZR) ) has issued an update.

On May 19, 2025, MacKenzie Realty Capital announced its financial results for the third quarter ending March 31, 2025, reporting a net revenue increase to $4.3 million but also a net operating loss of $5.8 million. The company has decided to suspend its quarterly cash dividend to common stockholders as part of a strategy to strengthen its balance sheet by reducing debt and improving free cash flow. This decision comes amidst economic uncertainties and fluctuating interest rates, with the company focusing on growth initiatives and financial discipline to ensure long-term value creation.

Spark’s Take on MKZR Stock

According to Spark, TipRanks’ AI Analyst, MKZR is a Underperform.

MacKenzie Realty Capital, Inc.’s overall score reflects significant financial challenges, highlighted by persistent net losses and high leverage. Technical indicators suggest bearish momentum, while the high dividend yield offers potential appeal but is counterbalanced by sustainability concerns given the current financial state. Recent corporate events show efforts to stabilize the company’s financial position, providing a slightly positive outlook amidst the challenges.

To see Spark’s full report on MKZR stock, click here.

More about MacKenzie Realty Capital, Inc.

MacKenzie Realty Capital, Inc., founded in 2013, is a West Coast-focused Real Estate Investment Trust (REIT) that invests primarily in real property, with a portfolio split approximately 50% multifamily and 50% boutique class A office properties. The company aims to allocate up to 20% of its assets in illiquid real estate securities and has consistently paid dividends since its inception.

Average Trading Volume: 69,484

Current Market Cap: $17.08M

For an in-depth examination of MKZR stock, go to TipRanks’ Stock Analysis page.