MacKenzie Realty Capital, Inc. MKZR
MacKenzie Realty Capital, Inc. (which, along with its subsidiaries, is collectively referred to as "the Company," "we," or "our") was formed on January 27, 2012, in accordance with Maryland's general corporation laws. The Company has chosen to be taxed as a Real Estate Investment Trust (REIT), complying with the definitions provided in Subchapter M of the amended Internal Revenue Code of 1986. A total of 100,000,000 shares are authorized for issuance. This total comprises 80,000,000 shares of common stock and 20,000,000 shares of preferred stock, each possessing a par value of $0.0001. Our business operations began on February 28, 2013, and our fiscal year ends annually on June 30.
Business overview written from the company's own Form 10-K (Item 1), filed 2025-09-29 — refreshed whenever it files a new one. The figures above are current; see its SEC filings. ✓ From the 10-K
Plain-English: the Snapshot is the quick read — what it pays you (yield, dividend), how its cash flow looks (FFO/AFFO, Price/OCF) and how much debt it carries. Switch to Expert in the header to hide these explanations.
Snapshot
Yield uses the latest declared dividend, annualized (latest regular payout × frequency; special/liquidating distributions excluded) — an announced-but-not-yet-declared change isn't reflected until it has an ex-date. FFO, AFFO and Net debt / Adj. EBITDA are the company's reported figures from its latest earnings 8-K. Price/OCF and payout use GAAP operating cash flow. NAV premium and credit ratings have no free source yet. See Methodology.
$10,000 invested
Illustrative income only, at today's price and latest declared dividend — it excludes price changes, dividend cuts and taxes. Not a forecast.
Model MKZR yourself — any amount, shares, per-payment & a multi-year DRIP projection →
Balance sheet (latest FY: 2025)
Debt-maturity ladder, fixed/floating split, secured/unsecured and coverage ratios come from the supplemental — not yet ingested.
Financial history
| FY | Revenue | Net income | D&A | EBITDA | Op. cash flow |
|---|---|---|---|---|---|
| 2025 | $22.06M | $-25.92M | $11.43M | $-4.01M | $-1.69M |
| 2024 | $15.74M | $-12.08M | $7.15M | $2.05M | $-595.52K |
| 2023 | $15.11M | $-4.10M | $5.27M | $8.68M | $-6.62M |
| 2022 | $10.37M | $4.56M | $4.54M | $11.18M | $4.62M |
| 2021 | $5.98M | $264.16K | $2.19M | $3.08M | $970.78K |
| 2020 | $8.73M | $-11.73M | $0.00 | $3.47M | $-1.73M |
Dividends
Recent regular dividends per share (special distributions excluded), oldest → newest.
| Ex-date | Record | Payment | Declared | Amount | Freq. |
|---|---|---|---|---|---|
| 2025-03-31 | 2025-03-31 | 2025-04-25 | 2025-03-20 | $0.05 | Quarterly |
| 2024-12-31 | 2024-12-31 | 2025-01-24 | 2024-12-17 | $0.05 | Quarterly |
| 2024-09-30 | 2024-09-30 | 2024-10-31 | 2024-09-20 | $0.12 | Quarterly |
| 2024-06-30 | 2024-06-30 | 2024-07-26 | 2024-05-10 | $0.12 | Semi-Annual |
| 2024-06-28 | 2024-06-30 | 2024-07-26 | — | $0.12 | Quarterly |
| 2023-09-28 | 2023-09-30 | 2023-10-30 | — | $0.12 | Semi-Annual |
Coverage (payout of operating cash flow): -17.34%. Tax-character split (ordinary / 199A / capital gain / return of capital) — not disclosed (requires the annual allocation release).
Recent news — MKZR
MacKenzie Realty Capital Reports Third Quarter 2026 Financial Results and Stabilization of Development
Robert Dixon Acquires 10,000 Shares of Mackenzie Realty Capital (NASDAQ:MKZR) Stock
Headlines via Financial Modeling Prep; links open the original publisher in a new tab. Not an endorsement or investment advice.
Other Diversified REITs
Same-store NOI, occupancy, leasing/WALT, top tenants, external-manager fees, development pipeline and (for non-traded vehicles) share-class fees, redemption/gating and NAV methodology are planned modules sourced from supplementals and prospectuses.