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New England AG真人官方ty Associates LP Announces Third-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 third-quarter distribution for 2024. The company will distribute $12.00 per Class A Partnership Unit and $0.40 per Depositary Receipt on September 30, 2024. This distribution applies to Class A Partners and Depositary Receipt holders of record as of September 13, 2024. Each Depositary Receipt represents ownership of one-thirtieth of a Class A Partnership Unit. NEN's Depositary Receipts are traded on the NYSE MKT exchange.

New England AG真人官方ty Associates Partnership (NYSE MKT: NEN) ha annunciato la sua distribuzione del terzo trimestre per il 2024. L'azienda distribuir脿 12,00 $ per ogni Unit脿 di Partnership di Classe A e 0,40 $ per ogni Ricevuta di Deposito il 30 settembre 2024. Questa distribuzione si applica ai Partner di Classe A e ai detentori delle Ricevute di Deposito registrati al 13 settembre 2024. Ciascuna Ricevuta di Deposito rappresenta la propriet脿 di un trentesimo di un'Unit脿 di Partnership di Classe A. Le Ricevute di Deposito di NEN sono scambiate sul mercato NYSE MKT.

New England AG真人官方ty Associates Partnership (NYSE MKT: NEN) ha anunciado su distribuci贸n del tercer trimestre para 2024. La empresa distribuir谩 12,00 $ por cada Unidad de Asociaci贸n Clase A y 0,40 $ por cada Recibo de Dep贸sito el 30 de septiembre de 2024. Esta distribuci贸n se aplica a los socios Clase A y a los tenedores de Recibos de Dep贸sito registrados hasta el 13 de septiembre de 2024. Cada Recibo de Dep贸sito representa la propiedad de un trig茅simo de una Unidad de Asociaci贸n Clase A. Los Recibos de Dep贸sito de NEN se negocian en la bolsa NYSE MKT.

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New England AG真人官方ty Associates Partnership (NYSE MKT: NEN) a annonc茅 sa distribution du troisi猫me trimestre pour 2024. 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 le 30 septembre 2024. Cette distribution s'applique aux Partenaires de Classe A et aux d茅tenteurs de Re莽us de D茅p么t enregistr茅s au 13 septembre 2024. Chaque Re莽u de D茅p么t repr茅sente la propri茅t茅 d'un trenti猫me d'une Unit茅 de Partenariat de Classe A. Les Re莽us de D茅p么t de NEN sont 茅chang茅s sur la bourse NYSE MKT.

New England AG真人官方ty Associates Partnership (NYSE MKT: NEN) hat die Verteilung f眉r das dritte Quartal 2024 angek眉ndigt. Das Unternehmen wird 12,00 $ pro Klasse A Partnerschaftseinheit und 0,40 $ pro Depotreceipt am 30. September 2024 auszahlen. Diese Verteilung gilt f眉r Klasse A Partner und Depotreceipt-Inhaber, die am 13. September 2024 registriert sind. Jeder Depotreceipt stellt den Besitz eines drei脽igsten Teils einer Klasse A Partnerschaftseinheit dar. NENs Depotreceipts werden an der NYSE MKT gehandelt.

Positive
  • Consistent quarterly distribution maintained
  • Distribution of $12.00 per Class A Partnership Unit
  • $0.40 distribution per Depositary Receipt
Negative
  • None.

Insights

New England AG真人官方ty Associates LP's announcement of its Q3 distribution is a routine financial event that provides steady income for investors. The $12.00 per Class A Partnership Unit and $0.40 per Depositary Receipt distributions indicate consistent cash flow generation from the company's real estate operations.

While the distribution remains unchanged from previous quarters, suggesting stability in the company's performance, investors should note that this doesn't necessarily reflect growth. The 1.33% quarterly yield (based on the current share price) is relatively attractive in the current market, especially for income-focused investors in the real estate sector.

It's important to monitor the company's payout ratio and funds from operations (FFO) in upcoming financial reports to assess the sustainability of these distributions in the long term, particularly given the challenges facing the real estate market.

ALLSTON, Mass., Aug. 8, 2024 /PRNewswire/ -- On September 30, 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 September 13, 2024. The quarterly distribution per Class A Limited Partnership Unit will be $12.00 per Unit. The quarterly distribution per Depositary Receipt will be $0.40. Each Depositary Receipt represents a beneficial ownership of one-thirtieth of a Class A Partnership Unit. 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

When will New England AG真人官方ty Associates LP (NEN) make its third-quarter 2024 distribution?

New England AG真人官方ty Associates LP (NEN) will make its third-quarter 2024 distribution on September 30, 2024.

What is the distribution amount for NEN's Class A Partnership Units in Q3 2024?

The distribution amount for NEN's Class A Partnership Units in Q3 2024 is $12.00 per Unit.

How much will NEN distribute per Depositary Receipt for the third quarter of 2024?

NEN will distribute $0.40 per Depositary Receipt for the third quarter of 2024.

What is the record date for NEN's Q3 2024 distribution?

The record date for NEN's Q3 2024 distribution is September 13, 2024.

What does one Depositary Receipt of NEN represent?

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