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

New England Realty Associates Limited Partnership (NYSEAMERICAN:NEN) declared a quarterly dividend on Friday, August 7th. Investors of record on Tuesday, September 15th will be paid a dividend of 0.40 per share on Wednesday, September 30th. This represents a c) dividend on an annualized basis and a yield of 2.9%. The ex-dividend date is Tuesday, September 15th.

New England Realty Associates Limited Partnership Trading Up 2.8%

NEN traded up $1.50 during trading hours on Friday, hitting $56.00. The company’s stock had a trading volume of 822 shares, compared to its average volume of 1,303. The business’s 50-day moving average price is $56.29 and its 200-day moving average price is $58.87. New England Realty Associates Limited Partnership has a 12 month low of $52.08 and a 12 month high of $73.50.

New England Realty Associates Limited Partnership (NYSEAMERICAN:NEN) last issued its quarterly earnings data on Friday, August 7th. The company reported ($9.99) earnings per share for the quarter. The business had revenue of $24.40 million during the quarter.

Institutional Trading of New England Realty Associates Limited Partnership

A hedge fund recently bought a new stake in New England Realty Associates Limited Partnership stock. Susquehanna International Group LLP acquired a new position in New England Realty Associates Limited Partnership (NYSEAMERICAN:NEN) during the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor acquired 3,434 shares of the company’s stock, valued at approximately $246,000. Susquehanna International Group LLP owned 0.12% of New England Realty Associates Limited Partnership at the end of the most recent reporting period.

New England Realty Associates Limited Partnership Company Profile

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.