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

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Rhea-AI Summary

New England Realty Associates LP will distribute $12.00 per Class A Partnership Unit and $0.40 per Depositary Receipt on June 28, 2024, to holders as of June 14, 2024.

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News Market Reaction – NEN

+2.80%
+2.80% Session move

In the trading session that priced this news, NEN gained 2.80%, reflecting a moderate positive market reaction.

Data tracked by StockTitan Argus on the day of publication.

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ALLSTON, Mass., May 9, 2024 /PRNewswire/ -- On June 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 June 14, 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.  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".

Cision 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-302141362.html

SOURCE New England Realty Associates Limited Partnership

FAQ

When will New England Realty Associates LP distribute the second-quarter distribution?

New England Realty Associates LP will distribute the second-quarter distribution on June 28, 2024.

What is the amount per Class A Partnership Unit in the quarterly distribution?

The amount per Class A Partnership Unit in the quarterly distribution is $12.00.

What is the amount per Depositary Receipt in the quarterly distribution?

The amount per Depositary Receipt in the quarterly distribution is $0.40.

Where are the Depositary Receipts of New England Realty Associates LP listed?

The Depositary Receipts of New England Realty Associates LP are listed on The NYSE MKT under the trading symbol 'NEN'.