New England Realty Associates LP Announces First-Quarter Distribution on Class A Units and Depositary Receipts and a Special One-Time Distribution
14 March 2024 - 7:06AM
PR Newswire (US)
ALLSTON,
Mass., March 13, 2024 /PRNewswire/ -- On
March 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 March
23, 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. In addition to the quarterly
distribution, there will be a special one-time distribution of
$48.00 per Class A Unit and
$1.60 per Depositary Receipt. 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
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