PR Newswire | Dec 11, 2020 03:50PM EST

Units and Depositary Receipts

12/11 14:49 CST

New England Realty Associates Announces Fourth-Quarter Distribution on Class A Units and Depositary Receipts ALLSTON, Mass., Dec. 11, 2020

ALLSTON, Mass., Dec. 11, 2020 /PRNewswire/ -- On December 31, 2020, 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 December 22, 2020. 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. 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".

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SOURCE New England Realty Associates Limited Partnership