New England Realty Associates Limited Partnership (NYSEAMERICAN:NEN) Plans 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 of this dividend is Monday, September 15th.

New England Realty Associates Limited Partnership Stock Performance

NYSEAMERICAN NEN remained flat at $72.00 during trading hours on Thursday. 734 shares of the company were exchanged, compared to its average volume of 1,225. New England Realty Associates Limited Partnership has a 1-year low of $71.00 and a 1-year high of $84.00. The firm has a 50-day simple moving average of $72.41 and a 200 day simple moving average of $75.57.

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 increased its stake in shares of New England Realty Associates Limited Partnership (NYSEAMERICAN:NEN - Free Report) by 11.2% in the second quarter, according to its most recent Form 13F filing with the SEC. The fund owned 10,730 shares of the company's stock after buying an additional 1,081 shares during the period. Warberg Asset Management LLC owned about 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.