MacKenzie Realty Capital, Inc. announced the mailing of letters to its Series A, B, and C preferred stockholders on or about April 15, 2026, detailing quarterly dividends approved by the Board for the quarter ending June 30, 2026.
Key takeaways
The Board approved regular quarterly dividends for Series A, B, and C Preferred shares for the quarter ending June 30, 2026.
Series A preferred shareholders of record as of March 31, 2026, will receive dividends ranging from $0.125 to $0.375 per share based on acceptance date.
Series B preferred shares have a 12% preferred return on a $25 purchase price, consisting of a 3% current cash dividend and a 9% accrued return.
Series C preferred shares have a 9% preferred return on a $25 purchase price, amounting to $0.1875 per share per month.
The Board also approved monthly dividends for Series A, B, and C preferred shares for April, May, and June 2026, to be paid in July 2026.