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

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

New England Realty Associates Limited Partnership Stock Up 0.1%

Shares of New England Realty Associates Limited Partnership stock traded up $0.06 during midday trading on Friday, reaching $60.00. 243 shares of the company’s stock traded hands, compared to its average volume of 1,440. The company’s 50 day simple moving average is $60.97 and its 200 day simple moving average is $64.54. New England Realty Associates Limited Partnership has a 52 week low of $56.00 and a 52 week high of $79.85.

New England Realty Associates Limited Partnership (NYSEAMERICAN:NEN) last released its quarterly earnings results on Friday, March 13th. The company reported ($11.92) earnings per share for the quarter. The firm had revenue of $23.58 million for the quarter.

About New England Realty Associates Limited Partnership

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.