Insider Buying: New England Realty Associates LP (NEN) President Purchases $32,500.00 in Stock

New England Realty Associates LP (NYSEAMERICAN:NEN) President Ronald Brown bought 500 shares of the stock in a transaction on Wednesday, March 20th. The shares were bought at an average price of $65.00 per share, for a total transaction of $32,500.00. The transaction was disclosed in a filing with the SEC, which can be accessed through the SEC website.

Shares of NYSEAMERICAN:NEN opened at $63.00 on Monday. New England Realty Associates LP has a twelve month low of $52.00 and a twelve month high of $70.47.

The company also recently announced a quarterly dividend, which will be paid on Friday, March 29th. Shareholders of record on Friday, March 15th will be paid a dividend of $0.32 per share. This is a boost from New England Realty Associates’s previous quarterly dividend of $0.30. The ex-dividend date is Thursday, March 14th. This represents a $1.28 dividend on an annualized basis and a yield of 2.03%.

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About New England Realty Associates

New England Realty Associates Limited Partnership engages in acquiring, developing, holding for investment, operating, and selling real estate properties in the United States. It owns and operates various residential apartment buildings, condominium units, and commercial properties located in Massachusetts and New Hampshire.

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