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

Rhea-AI Summary

NEN: New England Realty Associates LP Announces Fourth Quarter Distribution on Class A Units and Depositary Receipts. The company will make its quarterly distribution on December 29, 2023, with a distribution of $12.00 per Class A Limited Partnership Unit and $0.40 per Depositary Receipt. Each Depositary Receipt represents a beneficial ownership of one-thirtieth of a Class A Partnership Unit.

ALLSTON, Mass., Nov. 9, 2023 /PRNewswire/ -- On December 29, 2023, 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 December 15, 2023. 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. 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 for New England Realty Associates Limited Partnership?

The quarterly distribution per Class A Limited Partnership Unit will be $12.00 per Unit and $0.40 per Depositary Receipt.

When will the distribution be made?

The distribution will be made on December 29, 2023.

What does each Depositary Receipt represent?

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

Where are the Depositary Receipts listed?

Depositary Receipts are listed on The NYSE MKT under the trading symbol 'NEN'.