New England Realty Associates Limited Partnership (NYSEAMERICAN:NEN - Get Free Report) announced a quarterly dividend on Thursday, March 13th, Wall Street Journal reports. Shareholders of record on Monday, March 24th will be given a dividend of 0.40 per share on Monday, March 31st. This represents a $1.60 dividend on an annualized basis and a dividend yield of 1.94%. The ex-dividend date is Monday, March 24th.
New England Realty Associates Limited Partnership has increased its dividend by an average of 7.7% per year over the last three years.
New England Realty Associates Limited Partnership Stock Performance
Shares of NYSEAMERICAN NEN traded up $2.25 during midday trading on Friday, reaching $82.50. 1,403 shares of the company were exchanged, compared to its average volume of 1,193. The company's 50-day moving average price is $81.57. New England Realty Associates Limited Partnership has a one year low of $67.50 and a one year high of $84.00.
About New England Realty Associates Limited Partnership
(
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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.
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