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Business and Finance
Tue, August 28, 2012 New England Realty Associates (NYSE AMEX: NEN) Announces Third Quarter Distribution on Class A Units and Depositary Receipts
New England Realty Associates (NYSE AMEX: NEN) Announces Third Quarter Distribution on Class... -- ALLSTON, Mass., Aug. 28, 2012 /PRNewswire/ --
New England Realty Associates (NYSE AMEX: NEN) Announces Third Quarter Distribution on Class A Units and Depositary Receipts
ALLSTON, Mass., Aug. 28, 2012 /PRNewswire/ -- On September 30, 2012, New England Realty Associates Limited Partnership (NYSE AMEX: [ NEN ]) will make a distribution to its Class A Limited Partners and holders of Depositary Receipts of record as of September 14, 2012. The quarterly distribution per Class A Limited Partnership Unit will be $7.50 per unit. The quarterly distribution per Depositary Receipt will be $0.25 (taking into consideration for the 3-for-1 forward split of Depositary Receipts that was completed on January 3, 2012 [the "Stock Split"]). Each Depositary Receipt represents a beneficial ownership of one-thirtieth of a Class A Partnership Unit. Depositary Receipts are listed on The NYSE AMEX under the trading symbol "NEN."
SOURCE New England Realty Associates Limited Partnership
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