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

Rhea-AI Summary

New England Realty Associates Limited Partnership (NYSE MKT: NEN) will issue its quarterly distribution on September 30, 2022, for Class A Limited Partners and Depositary Receipts holders. The distribution is set at $9.60 per Class A Limited Partnership Unit and $0.32 per Depositary Receipt, which represents one-thirtieth of a Class A Partnership Unit. Record date for this distribution is September 15, 2022.

Positive

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

Negative

• None.

News Market Reaction

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On the day this news was published, NEN declined NaN%, reflecting a moderate negative market reaction.

Data tracked by StockTitan Argus on the day of publication.

ALLSTON, Mass., Aug. 9, 2022 /PRNewswire/ -- On September 30, 2022, 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 15, 2022.  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".

 

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SOURCE New England Realty Associates Limited Partnership

FAQ

What is the quarterly distribution amount for NEN for September 2022?

The quarterly distribution amount for NEN is $9.60 per Class A Limited Partnership Unit and $0.32 per Depositary Receipt.

When is the record date for NEN's distribution?

The record date for NEN's distribution is September 15, 2022.

When will NEN issue its quarterly distribution?

NEN will issue its quarterly distribution on September 30, 2022.

What does each Depositary Receipt represent for NEN?

Each Depositary Receipt represents one-thirtieth of a Class A Partnership Unit.