New England Realty Associates LP Declares Quarterly Distributions for Class A Units and Depositary Receipts
New England Realty Associates LP's Quarterly Distribution Announcement
On May 12, 2025, New England Realty Associates Limited Partnership, trading under the NYSE MKT symbol NEN, made a significant announcement regarding its upcoming quarterly distribution for its Class A Limited Partners and holders of Depositary Receipts. As part of its continuous effort to maintain transparency and keep investors informed, the partnership declared a distribution amount of $12.00 per each Class A Limited Partnership Unit, with an additional $0.40 per Depositary Receipt. This distribution is applicable for recipients on record as of May 23, 2025, with the actual distribution date set for May 30, 2025.
Each Depositary Receipt signifies a beneficial ownership equivalent to one-thirtieth of a Class A Partnership Unit. This structure not only allows for broader participation of smaller investors but also enhances the overall liquidity of the partnership’s stock. As these Depositary Receipts, which can be easily traded on the stock market, are listed on the NYSE MKT under the trading symbol
Topics Financial Services & Investing）
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