New England Realty Associates Announces First-Quarter Distribution on Class A Units and Depositary Receipts and a Special One-Time Distribution

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New England Realty Associates Limited Partnership

Feb 02, 2022, 15:20 ET

ALLSTON, Mass., Feb. 2, 2022 /PRNewswire/ -- On March 31, 2022, New England Realty Associates Limited Partnership (NYSE MKT: NEN) will make its quarterly distribution to its Class A Limited Partners and holders of Depositary Receipts of record as of March 15, 2022. The quarterly distribution per Class A Limited Partnership Unit will be $9.60 per Unit. The quarterly distribution per Depositary Receipt will be $0.32. In additional to the quarterly distribution will be a special one-time distribution of $38.40 per Class A Unit and $1.28 per Depositary Receipt. Each Depositary Receipt represents a beneficial ownership of one-thirtieth of a Class A Partnership Unit. Depositary Receipts are listed on The NYSE MKT under the trading symbol "NEN".

SOURCE New England Realty Associates Limited Partnership