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

Rhea-AI Summary

New England Realty Associates LP (NYSE MKT: NEN) has announced its quarterly distribution for Q2 2025. The company will distribute $12.00 per Class A Limited Partnership Unit and $0.40 per Depositary Receipt. The distribution will be made on May 30, 2025, to shareholders of record as of May 23, 2025. Each Depositary Receipt represents a beneficial ownership of one-thirtieth of a Class A Partnership Unit. The Depositary Receipts are traded on the NYSE MKT under the symbol "NEN".

Positive

• Regular quarterly distribution maintained, showing stable cash flow
• Distribution of $12.00 per Unit demonstrates strong dividend yield

Negative

• None.

News Market Reaction

+3.37%

1 alert

+3.37% News Effect

On the day this news was published, NEN gained 3.37%, reflecting a moderate positive market reaction.

Data tracked by StockTitan Argus on the day of publication.

ALLSTON, Mass., May 12, 2025 /PRNewswire/ -- On May 30, 2025, 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 May 23, 2025. 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. 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-second-quarter-distribution-on-class-a-units-and-depositary-receipts-302452516.html

SOURCE New England Realty Associates Limited Partnership

FAQ

What is the dividend amount for NEN stock in Q2 2025?

For Q2 2025, NEN will distribute $0.40 per Depositary Receipt and $12.00 per Class A Limited Partnership Unit.

When is the ex-dividend date for NEN's Q2 2025 distribution?

The record date is May 23, 2025, with the distribution to be paid on May 30, 2025.

What is the relationship between NEN's Partnership Units and Depositary Receipts?

Each Depositary Receipt represents one-thirtieth of a Class A Partnership Unit, which is why the Depositary Receipt distribution ($0.40) is one-thirtieth of the Unit distribution ($12.00).

Where are NEN Depositary Receipts traded?

NEN Depositary Receipts are traded on the NYSE MKT under the symbol NEN.