New England Realty Associates LP (NYSEAMERICAN:NEN) announced a quarterly dividend on Thursday, November 29th, Wall Street Journal reports. Stockholders of record on Friday, December 14th will be given a dividend of 0.30 per share on Monday, December 31st. This represents a $1.20 dividend on an annualized basis and a dividend yield of 2.11%. The ex-dividend date is Thursday, December 13th.
New England Realty Associates has raised its dividend by an average of 6.3% per year over the last three years.
NEN opened at $56.82 on Friday. New England Realty Associates has a 12-month low of $56.82 and a 12-month high of $73.95.
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About New England Realty Associates
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 apartment buildings, condominium units, and commercial properties located in Massachusetts and New Hampshire.
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