MacKenzie Realty Capital Declares Q1 Dividends
The Orinda-based REIT also authorized monthly dividends through the second quarter, extending its payout schedule into July.
April 24, 2026

MacKenzie Realty Capital, Inc. has announced quarterly dividends for holders of its Series A, Series B, and Series C preferred shares, all payable to shareholders of record as of March 31, 2026. The Nasdaq-listed REIT, which recently expanded its investment activity through a loan agreement with Streeterville Capital, shared the news in letters to shareholders dated April 15, 2026, signed by President Robert E. Dixon.
Series A: 6 Percent Annualized Return
Series A preferred shareholders will receive dividends reflecting an annualized rate of 6 percent, prorated by acceptance date:
- Accepted on or before January 1, 2026: $0.375 per share
- Accepted February 1, 2026: $0.25 per share
- Accepted March 1, 2026: $0.125 per share
The Board has additionally approved a monthly Series A dividend of $0.125 per share for holders of record as of April 30, May 31, and June 30, 2026, to be paid during July 2026.
Series B: 12 Percent Preferred Return
Series B preferred shares carry a 12 percent preferred return on the $25 purchase price. This breaks down into a 3 percent current cash dividend of $0.75 per share annually and a 9 percent accrued return of $2.25 per share annually, translating to $0.0625 per share in monthly cash and $0.1875 per share in monthly accrued returns. Total dividends by acceptance date are as follows:
- January 1, 2026: $0.75 per share total
- February 1, 2026: $0.50 per share total
- March 1, 2026: $0.25 per share total
The Board also authorized continued monthly Series B cash dividends of $0.0625 per share for April, May, and June 2026 records, payable in July.
Series C: 9 Percent Preferred Return
Series C preferred shares offer a 9 percent preferred return on the $25 purchase price, or $2.25 per share annually, equivalent to $0.1875 per share per month. Payouts by acceptance date include:
- January 1, 2026: $0.5625 per share
- February 1, 2026: $0.375 per share
- March 1, 2026: $0.1875 per share
The Board has approved monthly Series C dividends of $0.1875 per share for April, May, and June 2026 holders of record, with payment scheduled for July 2026.
Distribution Logistics
Investors participating in the Dividend Reinvestment Plan, or those investing through trustees, custodians, or third-party deposit arrangements, will have their dividends transmitted accordingly. Shareholders receiving cash payments will be mailed checks separately. In his letters, Dixon expressed appreciation for shareholder confidence and optimism about the investment opportunities the company continues to pursue.