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New England AG真人官方ty Associates LP Announces Second-Quarter Distribution on Class A Units and Depositary Receipts

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New England AG真人官方ty Associates Partnership (NYSE MKT: NEN) has announced its quarterly distribution for Q2. The company will distribute $12.00 per Class A Partnership Unit and $0.40 per Depositary Receipt. The distribution will be made on December 31, 2024, to shareholders of record as of December 16, 2024. Each Depositary Receipt represents one-thirtieth ownership of a Class A Partnership Unit and trades on NYSE MKT under the symbol 'NEN'.

New England AG真人官方ty Associates Partnership (NYSE MKT: NEN) ha annunciato la sua distribuzione trimestrale per il secondo trimestre. L'azienda distribuir脿 12,00 $ per ogni Unit脿 di Partecipazione di Classe A e 0,40 $ per ogni Ricevuta di Deposito. La distribuzione avverr脿 il 31 dicembre 2024, agli azionisti registrati al 16 dicembre 2024. Ogni Ricevuta di Deposito rappresenta un trentesimo della propriet脿 di un'Unit脿 di Partecipazione di Classe A e viene negoziata su NYSE MKT con il simbolo 'NEN'.

New England AG真人官方ty Associates Partnership (NYSE MKT: NEN) ha anunciado su distribuci贸n trimestral para el segundo trimestre. La compa帽铆a distribuir谩 12,00 $ por cada Unidad de Asociaci贸n de Clase A y 0,40 $ por Recibo de Dep贸sito. La distribuci贸n se realizar谩 el 31 de diciembre de 2024, a los accionistas que est茅n registrados hasta el 16 de diciembre de 2024. Cada Recibo de Dep贸sito representa una trig茅sima parte de la propiedad de una Unidad de Asociaci贸n de Clase A y se comercia en NYSE MKT bajo el s铆mbolo 'NEN'.

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New England AG真人官方ty Associates Partnership (NYSE MKT: NEN) a annonc茅 sa distribution trimestrielle pour le deuxi猫me trimestre. La soci茅t茅 distribuera 12,00 $ par Unit茅 de Partenariat de Classe A et 0,40 $ par Re莽u de D茅p么t. La distribution sera effectu茅e le 31 d茅cembre 2024, aux actionnaires enregistr茅s au 16 d茅cembre 2024. Chaque Re莽u de D茅p么t repr茅sente un trenti猫me de propri茅t茅 d'une Unit茅 de Partenariat de Classe A et est n茅goci茅 sur NYSE MKT sous le symbole 'NEN'.

New England AG真人官方ty Associates Partnership (NYSE MKT: NEN) hat seine Quartalsdividende f眉r das zweite Quartal angek眉ndigt. Das Unternehmen wird 12,00 $ pro Klasse A Partnerschaftseinheit und 0,40 $ pro Depotbeleg aussch眉tten. Die Aussch眉ttung erfolgt am 31. Dezember 2024 an die Aktion盲re, die bis zum 16. Dezember 2024 im Register stehen. Jeder Depotbeleg repr盲sentiert ein drei脽igstel Eigentum an einer Klasse A Partnerschaftseinheit und wird an der NYSE MKT unter dem Symbol 'NEN' gehandelt.

Positive
  • Maintaining consistent quarterly distribution to shareholders
  • $12.00 per Unit distribution demonstrates strong cash flow generation
Negative
  • None.

Insights

The announced quarterly distribution demonstrates New England AG真人官方ty Associates' consistent dividend policy, with $12.00 per Class A Unit and $0.40 per Depositary Receipt. The 30:1 ratio between Unit and Receipt distributions maintains the established structure where each Depositary Receipt represents 1/30th of a Class A Partnership Unit. For investors, this translates to an annualized distribution of $48.00 per Unit or $1.60 per Depositary Receipt. Given the current market cap of $277.2M, this distribution reflects the company's commitment to returning value to unitholders through regular cash payments.

ALLSTON, Mass., Nov. 11, 2024 /PRNewswire/ -- On December 31, 2024, New England AG真人官方ty Associates Limited Partnership (NYSE MKT: NEN) will make its quarterly distribution to its Class A Limited Partners and holders of Depositary Receipts of record聽as of December 16, 2024.聽 The quarterly distribution per Class A Limited Partnership Unit will be $12.00 per Unit.聽 The quarterly distribution per Depositary Receipt will be $0.40.聽 Each Depositary Receipt represents a beneficial ownership of one-thirtieth of a Class A Partnership Unit.聽 Depositary Receipts are listed on聽The聽NYSE MKT under the trading symbol "NEN".

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SOURCE New England AG真人官方ty Associates Limited Partnership

FAQ

What is New England AG真人官方ty Associates (NEN) Q2 2024 distribution amount?

New England AG真人官方ty Associates will distribute $12.00 per Class A Partnership Unit and $0.40 per Depositary Receipt.

When is the record date for NEN's Q2 2024 distribution?

The record date for New England AG真人官方ty Associates' Q2 2024 distribution is December 16, 2024.

When will NEN pay its Q2 2024 distribution?

New England AG真人官方ty Associates will pay its Q2 2024 distribution on December 31, 2024.

What is the conversion ratio between NEN's Depositary Receipts and Class A Units?

Each Depositary Receipt represents beneficial ownership of one-thirtieth of a Class A Partnership Unit.
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