New England Realty Associates Limited Partnership
NENReal Estate · Real Estate Services · Stock · quarterly payer
Forward Yield
3.23%
Annual Dividend
$1.60
Payout Ratio
94%
5-Yr Growth
4.6%
Ex-Date
Sep 15, 2026
Frequency
Quarterly
Key facts about NEN's dividend
Data as of · Source: SmarterDividends data
- As of Oct 18, 2026, New England Realty Associates Limited Partnership (NEN) has a forward dividend yield of 3.23%, based on an annual dividend of $1.60 per share and a share price of $49.60.
- As of Oct 18, 2026, NEN's dividend safety grade from SmarterDividends is A (87 out of 100), which rates the dividend as very safe.
- NEN has never cut its regular dividend in the payment history SmarterDividends has on record.
- NEN's most recent ex-dividend date was Sep 15, 2026, for a dividend of $0.40 per share.
- As of Oct 18, 2026, NEN pays out 94% of its trailing 12-month earnings as dividends (its payout ratio).
- NEN's dividend has grown at an average rate of 4.6% a year over the past five years.
- As of Oct 18, 2026, NEN's 3.23% yield is 20% below its five-year average yield of 4.03%.
- As of Oct 18, 2026, SmarterDividends' blended fair-value estimate for NEN is $33.62 per share, 32% below the $49.60 share price, so NEN screens as overvalued.
- New England Realty Associates Limited Partnership (NEN) pays its dividend quarterly, 4 times a year.
- New England Realty Associates Limited Partnership (NEN) has raised its regular dividend 12 times and cut it 1 time across the 126 payments on record since 1988. Its most recent change was a 25.0% increase to $0.400 per share, going ex-dividend on Jun 14, 2023. The last cut went ex-dividend on Sep 13, 1995.
Cite this page
SmarterDividends, "NEN Dividend: Yield, Safety Grade & Next Ex-Date," updated Oct 18, 2026, https://smarterdividends.com/stocks/NEN
Summary
As of Oct 18, 2026, New England Realty Associates Limited Partnership (NEN) yields 3.23% ($1.60 a year per share) and has a dividend safety grade of A (87/100).
Is NEN a good dividend stock?
YesNew England Realty Associates Limited Partnership (NEN) pays a quarterly dividend yielding 3.23% ($1.60/yr), with 0 years of growth and a dividend-safety grade of A. It scores well across payout coverage, growth history and safety — a dependable income holding.
Advantages
- Never cut its dividend on record
- Top-tier dividend safety score
Risks
- Elevated payout ratio (94%)
- Share price is down over the past 5 years
Key Data
- Dividend Yield
- 3.23%
- Payout Ratio
- 94%
- Annual Dividend
- $1.60
- 5-Yr Avg Growth
- 4.6%
- Ex-Dividend Date
- Sep 15, 2026
- Years of Growth
- 0
- Frequency
- quarterly
- Beta
- 0.16
- Market Cap
- $172.0M
- P/E Ratio
- —
- 5-Yr Total Return
- -21%
- 52-Week Range
- $47.01 – $72.00
- Dividend Safety
- A · 87/100
- Ever Cut?
- No
NEN dividend raises and cuts
New England Realty Associates Limited Partnership (NEN) has raised its regular dividend 12 times and cut it 1 time across the 126 payments on record since 1988. Its most recent change was a 25.0% increase to $0.400 per share, going ex-dividend on Jun 14, 2023. The last cut went ex-dividend on Sep 13, 1995.
| Ex-date | Change | Old → new | Move |
|---|---|---|---|
| Jun 14, 2023 | Raise | $0.320 → $0.400 | +25.0% |
| Mar 14, 2019 | Raise | $0.300 → $0.320 | +6.7% |
| Mar 13, 2017 | Raise | $0.250 → $0.300 | +20.0% |
| Mar 13, 2012 | Raise | $0.233 → $0.250 | +7.1% |
| Sep 14, 2004 | Raise | $0.220 → $0.233 | +6.1% |
| Jun 12, 2003 | Raise | $0.213 → $0.220 | +3.1% |
| Mar 13, 2002 | Raise | $0.187 → $0.213 | +14.3% |
| Sep 13, 2000 | Raise | $0.170 → $0.187 | +9.8% |
| Sep 13, 1999 | Raise | $0.0683 → $0.170 | +148.8% |
| Mar 12, 1998 | Raise | $0.0650 → $0.0683 | +5.1% |
| Mar 12, 1997 | Raise | $0.0567 → $0.0650 | +14.7% |
| Sep 13, 1995 | Cut | $0.113 → $0.0567 | −50.0% |
Show all 13 changes since 1989
| Ex-date | Change | Old → new | Move |
|---|---|---|---|
| Mar 17, 1989 | Raise | $0.0967 → $0.113 | +17.2% |
Frequently Asked Questions
Is NEN a good dividend stock?
Yes. New England Realty Associates Limited Partnership (NEN) pays a quarterly dividend yielding 3.23% ($1.60/yr), with 0 years of growth and a dividend-safety grade of A. It scores well across payout coverage, growth history and safety — a dependable income holding.
Is NEN undervalued?
Based on a blend of discounted cash flow, a dividend-discount model and an earnings-multiple estimate, NEN's fair value is about $33.62 versus a $49.60 share price — so it looks overvalued (-32% vs. fair value).
Is NEN's dividend safe?
NEN has a dividend-safety grade of A (87/100), based on its payout coverage, free-cash-flow, 0-year growth streak, a clean no-cut history, debt and yield-versus-history.
What is NEN's fair value?
Our blended fair-value estimate for NEN is about $33.62 per share, about 32% below the current $49.60 price — combining a discounted cash flow, a dividend-discount model and an earnings multiple.
Is NEN a buy, hold, or sell?
We don't issue formal ratings, but on the data NEN screens as "yes" and overvalued. New England Realty Associates Limited Partnership (NEN) pays a quarterly dividend yielding 3.23% ($1.60/yr), with 0 years of growth and a dividend-safety grade of A. It scores well across payout coverage, growth history and safety — a dependable income holding. This is research for your own analysis, not investment advice.
Will NEN cut its dividend?
NEN earns a dividend-safety grade of A (87/100), with no dividend cut on record. A higher score means lower cut risk based on payout coverage, cash flow and history — but no score guarantees a dividend.
Does NEN pay a dividend?
Yes. New England Realty Associates Limited Partnership pays a quarterly dividend of about $1.60 per share annually, a forward yield of roughly 3.23%.
What is NEN's dividend yield?
As of Oct 18, 2026, NEN's forward dividend yield is 3.23%, based on a $1.60 annual dividend and a $49.60 share price.
What is NEN's dividend per share?
As of Oct 18, 2026, NEN pays $1.60 per share per year, distributed on a quarterly basis.
What is NEN's dividend payout ratio?
As of Oct 18, 2026, NEN's payout ratio is 94% of trailing 12-month earnings — an elevated level worth watching, as it leaves less cushion if earnings dip.
How many years has NEN grown its dividend?
NEN does not currently have a long dividend-growth streak on record.
When is the next NEN ex-dividend date?
As of Oct 18, 2026, NEN's next ex-dividend date hasn't been announced. The most recent was Sep 15, 2026, for $0.40 per share.
NEN Price — Last 12 Months
Daily close
Price Return
1 Year
-26%
3 Years
-27%
5 Years
-21%
52-Week Range
$47.01 – $72.00
Price change over each period (excludes dividends). Past performance doesn't guarantee future results.
What is NEN worth?
Overvaluedlow confidenceOur blended fair-value estimate for New England Realty Associates Limited Partnership is $33.62 per share, versus a market price of $49.60. That implies 32% of downside.
Fair Value
$33.62
Current Price
$49.60
Downside
-32%
Margin of Safety
-48%
How we get there
Dividend discount
Discounts the future dividend stream back to today.
Assumptions: 8.0% discount rate (CAPM), 4.6% growth for five years fading to 2.5% over the next five, -$1.98 EPS, $1.60 annual dividend. Updated weekly.
Fair-value estimates are model output for educational purposes only — not investment advice or a price target.
NEN Dividend Safety Score
Very Safe
SmarterDividends' proprietary score, backtested against which dividends were actually cut over 15+ years (0.78 AUC). It blends a validated cut-risk model (growth streak, cut history) with current payout, cash-flow and debt. Higher is safer · not investment advice.
Dividend Growth
Total dividends per share by year
Dividend History
Full NEN dividend history →| Ex-Date | Pay Date | Amount | Type |
|---|---|---|---|
| Sep 15, 2026 | Sep 30, 2026 | $0.4000 | regular |
| Jun 15, 2026 | Jun 30, 2026 | $0.4000 | regular |
| Mar 24, 2026 | Mar 31, 2026 | $0.4000 | regular |
| Dec 16, 2025 | Dec 31, 2025 | $0.4000 | regular |
| Sep 15, 2025 | Sep 30, 2025 | $0.4000 | regular |
| May 23, 2025 | May 30, 2025 | $0.4000 | regular |
| Mar 24, 2025 | Mar 31, 2025 | $3.6000 | regular |
| Dec 16, 2024 | Dec 31, 2024 | $0.4000 | regular |
| Sep 13, 2024 | Sep 30, 2024 | $0.4000 | regular |
| Jun 14, 2024 | Jun 28, 2024 | $0.4000 | regular |
| Mar 21, 2024 | Mar 28, 2024 | $2.0000 | regular |
| Dec 14, 2023 | Dec 29, 2023 | $0.4000 | regular |
| Sep 14, 2023 | Sep 29, 2023 | $0.4000 | regular |
| Jun 14, 2023 | Jun 30, 2023 | $0.4000 | regular |
Income Calculator
At $1.60 / yr per share
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