MacKenzie Realty Capital, Inc. Postpones 2024 Special Meeting of Stockholders, Announces 4th Quarter Dividend
17 Dezember 2024 - 6:54PM
On December 17, 2024, MacKenzie Realty Capital, Inc. (Nasdaq: MKZR)
(“MacKenzie” or the “Company”), announced it has postponed its 2024
special meeting of stockholders (“Special Meeting”) from December
18, 2024, to January 6, 2025, to allow additional time for
stockholder voting and the solicitation of proxies.
The Special Meeting will be held on January 6, 2025, at 11 am
Pacific Time at the offices of MacKenzie located at 89 Davis Rd.,
Suite 100, Orinda, California 94563. There have been no changes to
the proposals to be voted on at the Special Meeting.
The Company has postponed the Special Meeting to provide an
opportunity for more stockholders to vote their shares in order to
reach a quorum for the meeting; MacKenzie needs at least 50% of all
shareholders to vote their shares.
The record date for the determination of stockholders entitled
to notice of and to vote at the Annual Meeting will remain November
6, 2024. Proxies previously submitted will be voted at the
postponed Special Meeting unless properly revoked, and stockholders
who have already submitted a proxy or otherwise voted do not need
to take any action at this time. For more information, please
contact MacKenzie at (800) 854-8357.
MacKenzie is also announcing that the Board of Directors
determined a new quarter dividend rate after analyzing MacKenzie’s
2024 performance and the requirement that it pay 90% of its income
to shareholders to maintain its REIT status. Therefore, on December
12, 2024, MacKenzie’s Board declared a quarterly common dividend
for the period ended December 31, 2024 in the amount of $0.05 per
common share, to be paid on or about January 25, 2025 to holders of
record as of December 31, 2024.
89 Davis Road, Suite 100 • Orinda, California
94563 • Toll-Free (800) 854-8357 • Local (925) 631-9100 •
www.mackenzierealty.com
CONTACTChris
Simpson800-854-8357investors@mackenziecapital.com
Mackenzie Realty Capital (NASDAQ:MKZR)
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