New England Realty Associates LP (NYSEAMERICAN:NEN) announced a — dividend on Wednesday, August 28th, Wall Street Journal reports. Investors of record on Monday, September 16th will be paid a dividend of 0.32 per share on Monday, September 30th. This represents a dividend yield of 2.1%. The ex-dividend date is Friday, September 13th.
New England Realty Associates has raised its dividend by an average of 6.3% annually over the last three years.
Shares of NEN stock opened at $59.64 on Wednesday. New England Realty Associates has a twelve month low of $52.00 and a twelve month high of $68.05.
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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