ALLSTON, Mass., Jan. 9, 2019 /PRNewswire/ -- On March 29, 2019, 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, 2019. The quarterly distribution per Class A Limited Partnership Unit will be $9.60 per Unit (an increase of $0.60 per Unit per quarter or $2.40 annually). The quarterly distribution per Depositary Receipt will be $0.32 (an increase of $0.02 per Depositary Receipt per quarter or $0.08 annually). 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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