New England Realty Associates Announces Third-Quarter Distribution on Class A Units and Depositary Receipts

New England Realty Associates Limited Partnership (NYSE MKT: NEN) will distribute $9.60 per Class A Limited Partnership Unit and $0.32 per Depositary Receipt on September 30, 2020.

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Rhea-AI Summary

New England Realty Associates Limited Partnership (NYSE MKT: NEN) will distribute $9.60 per Class A Limited Partnership Unit and $0.32 per Depositary Receipt on September 30, 2020. The record date for this quarterly distribution is September 21, 2020. Each Depositary Receipt represents one-thirtieth of a Class A Partnership Unit and is traded under the symbol 'NEN'. This distribution reflects the company's commitment to providing returns to its investors.

Positive

Quarterly distribution of $9.60 per Class A Limited Partnership Unit.
Quarterly distribution of $0.32 per Depositary Receipt.

Negative

None.

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09/11/2020 - 06:42 AM EDT

ALLSTON, Mass., Sept. 11, 2020 /PRNewswire/ -- On September 30, 2020, New England Realty Associates Limited Partnership (NYSE MKT: NEN) will make its quarterly distribution to its Class A Limited Partners and holders of Depositary Receipts of record as of September 21, 2020. The quarterly distribution per Class A Limited Partnership Unit will be $9.60 per Unit. The quarterly distribution per Depositary Receipt will be $0.32. Each Depositary Receipt represents a beneficial ownership of one-thirtieth of a Class A Partnership Unit. Depositary Receipts are listed on The NYSE MKT under the trading symbol "NEN".

View original content:http://www.prnewswire.com/news-releases/new-england-realty-associates-announces-third-quarter-distribution-on-class-a-units-and-depositary-receipts-301128254.html

SOURCE New England Realty Associates Limited Partnership

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

When will NEN distribute its quarterly dividend?

New England Realty Associates will distribute its quarterly dividend on September 30, 2020.

What is the dividend amount for Class A Units of NEN?

The dividend amount for Class A Units of NEN is $9.60 per Unit.

What is the amount for the Depositary Receipts of NEN?

The amount for the Depositary Receipts of NEN is $0.32 each.

What is the record date for NEN's quarterly distribution?

The record date for NEN's quarterly distribution is September 21, 2020.

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