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

Key Points

• New England Realty Associates Limited Partnership announced a quarterly dividend of $0.40 per share, payable on June 30 to shareholders of record on June 15.
• The dividend implies an annualized yield of 2.7%, with the ex-dividend date also set for June 15.
• The stock traded at $60.00 on Friday, near its 50-day average of $60.97, after posting a one-year range of $56.00 to $79.85.

New England Realty Associates Limited Partnership (NYSEAMERICAN:NEN - Get Free Report) announced a quarterly dividend on Friday, May 8th. Investors of record on Monday, June 15th will be paid a dividend of 0.40 per share on Tuesday, June 30th. This represents a c) annualized dividend and a yield of 2.7%. The ex-dividend date of this dividend is Monday, June 15th.

New England Realty Associates Limited Partnership Price Performance

NYSEAMERICAN:NEN traded up $0.06 during midday trading on Friday, hitting $60.00. 243 shares of the stock were exchanged, compared to its average volume of 1,440. New England Realty Associates Limited Partnership has a one year low of $56.00 and a one year high of $79.85. The business has a 50-day moving average price of $60.97 and a two-hundred day moving average price of $64.54.

New England Realty Associates Limited Partnership (NYSEAMERICAN:NEN - Get Free Report) last announced its earnings results on Friday, March 13th. The company reported ($11.92) EPS for the quarter. The company had revenue of $23.58 million during the quarter.

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. NewReal, Inc serves as the general partner of the company. New England Realty Associates Limited Partnership was incorporated in 1977 and is headquartered in Allston, Massachusetts.

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