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

New England Realty Associates Limited Partnership (NYSEAMERICAN:NEN) declared a quarterly dividend on Tuesday, May 13th, Wall Street Journal reports. Investors of record on Friday, May 23rd will be given a dividend of 0.40 per share on Friday, May 30th. This represents a $1.60 annualized dividend and a yield of 2.07%. The ex-dividend date of this dividend is Friday, May 23rd.

New England Realty Associates Limited Partnership has raised its dividend by an average of 7.7% per year over the last three years and has increased its dividend annually for the last 2 consecutive years.

New England Realty Associates Limited Partnership Price Performance

NYSEAMERICAN NEN opened at $77.43 on Thursday. The company’s fifty day simple moving average is $78.85 and its 200-day simple moving average is $80.26. New England Realty Associates Limited Partnership has a 52 week low of $67.50 and a 52 week high of $84.00.

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.