New England Realty Associates Limited Partnership (NYSEAMERICAN:NEN) Announces Quarterly Dividend of $0.40

Key Points

• New England Realty Associates Limited Partnership announced a quarterly dividend of $0.40 per share, with an ex-dividend date set for September 15th.
• The stock experienced a minor decline of 0.7%, trading at $71.50, with a 12-month low of $71.00 and a high of $84.00.
• Institutional investor Warberg Asset Management LLC increased its stake in the company by 11.2%, now holding approximately 0.37% of the company, valued at $784,000.

New England Realty Associates Limited Partnership (NYSEAMERICAN:NEN - Get Free Report) announced a quarterly dividend on Friday, August 8th. Investors of record on Monday, September 15th will be given a dividend of 0.40 per share on Tuesday, September 30th. This represents a c) dividend on an annualized basis and a yield of 2.2%. The ex-dividend date is Monday, September 15th.

New England Realty Associates Limited Partnership Stock Down 0.7%

NEN traded down $0.50 on Friday, reaching $71.50. 799 shares of the company's stock were exchanged, compared to its average volume of 1,234. New England Realty Associates Limited Partnership has a twelve month low of $71.00 and a twelve month high of $84.00. The company's 50 day moving average is $72.51 and its 200-day moving average is $75.86.

Institutional Trading of New England Realty Associates Limited Partnership

An institutional investor recently raised its position in New England Realty Associates Limited Partnership stock. Warberg Asset Management LLC grew its position in shares of New England Realty Associates Limited Partnership (NYSEAMERICAN:NEN - Free Report) by 11.2% during the second quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 10,730 shares of the company's stock after purchasing an additional 1,081 shares during the period. Warberg Asset Management LLC owned approximately 0.37% of New England Realty Associates Limited Partnership worth $784,000 as of its most recent SEC filing.

New England Realty Associates Limited Partnership Company Profile

New England Realty Associates Limited Partnership engages in acquiring, developing, holding for investment, operating, and selling real estate properties in the United States. It owns and operates various residential apartments, condominium units, and commercial properties located in Massachusetts and New Hampshire.

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