New England Realty Associates LP Announces First-Quarter Distribution on Class A Units and Depositary Receipts and a Special One-Time Distribution

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03/13/2024 - 04:06 PM EDT

ALLSTON, Mass., March 13, 2024 /PRNewswire/ -- On March 28, 2024, 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 March 23, 2024. The quarterly distribution per Class A Limited Partnership Unit will be $12.00 per Unit. The quarterly distribution per Depositary Receipt will be $0.40. In addition to the quarterly distribution, there will be a special one-time distribution of $48.00 per Class A Unit and $1.60 per Depositary Receipt. 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:https://www.prnewswire.com/news-releases/new-england-realty-associates-lp-announces-first-quarter-distribution-on-class-a-units-and-depositary-receipts-and-a-special-one-time-distribution-302088557.html