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

New England Realty Associates Limited Partnership (NYSEAMERICAN:NEN) announced a quarterly dividend on Thursday, August 8th, NASDAQ reports. Shareholders of record on Friday, September 13th will be paid a dividend of 0.40 per share on Monday, September 30th. This represents a $1.60 annualized dividend and a yield of 1.96%. The ex-dividend date of this dividend is Friday, September 13th.

New England Realty Associates Limited Partnership has increased its dividend payment by an average of 5.9% annually over the last three years.

New England Realty Associates Limited Partnership Stock Performance

Shares of New England Realty Associates Limited Partnership stock traded up $0.50 during midday trading on Wednesday, reaching $81.50. 571 shares of the company’s stock traded hands, compared to its average volume of 937. New England Realty Associates Limited Partnership has a 12 month low of $64.00 and a 12 month high of $81.50.

New England Realty Associates Limited Partnership (NYSEAMERICAN:NEN) last announced its earnings results on Thursday, August 8th. The company reported $34.77 EPS for the quarter. The business had revenue of $20.05 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.