MacKenzie Realty Capital suspends DRIP for October preferred dividend payment
MKZR•MacKenzie Realty Capital suspended its dividend reinvestment plan for the October preferred dividend cycle, with Series A, B and C dividends to be paid entirely in cash. The dividend is payable to shareholders of record on Sept. 30, 2026, with payment expected around Oct. 15.
1. October dividend payment
MacKenzie Realty Capital suspended its dividend reinvestment plan for the October preferred dividend cycle. Series A, B and C dividends will be paid entirely in cash, including to holders previously enrolled in DRIP. The company said DRIP is expected to resume next regular dividend cycle once the SEC qualifies an amended offering circular.
2. Repurchase program paused
The suspension follows a temporary halt to the preferred share repurchase program during a strategic review with Maxim Group.
