New England Realty Associates (NEN) Announces Cash Distribution on December 31
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On December 31, 2011, New England Realty Associates Limited Partnership (NYSE: NEN) will make a distribution to its Class A Limited Partners and holders of Depositary Receipts. Class A Limited Partners and holders of Depositary Receipts of record as of December 15, 2011 will be entitled to a quarterly distribution in the amount of $7.00 per Class A Partnership Unit, or $.70 per Depositary Receipt. Each Depositary Receipt represents a beneficial ownership of one-tenth of a Class A Partnership Unit.
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