Nuveen Massachusetts Quality Municipal Income Fund (NYSE:NMT) to Issue Monthly Dividend of $0.07

Nuveen Massachusetts Quality Municipal Income Fund (NYSE:NMT) announced a monthly dividend on Monday, February 3rd,NASDAQ Dividends reports. Stockholders of record on Friday, February 14th will be paid a dividend of 0.071 per share by the financial services provider on Monday, March 3rd. This represents a $0.85 annualized dividend and a dividend yield of 7.33%. The ex-dividend date of this dividend is Friday, February 14th.

Nuveen Massachusetts Quality Municipal Income Fund Price Performance

Shares of NMT stock opened at $11.62 on Wednesday. Nuveen Massachusetts Quality Municipal Income Fund has a 52-week low of $10.41 and a 52-week high of $12.21. The company’s 50 day moving average is $11.55 and its 200 day moving average is $11.52.

About Nuveen Massachusetts Quality Municipal Income Fund

Nuveen Massachusetts Quality Municipal Income Fund is a closed ended fixed income mutual fund launched by Nuveen Investments, Inc The fund is co-managed by Nuveen Fund Advisors LLC and Nuveen Asset Management, LLC. It invests in the fixed income markets of Massachusetts, United States. The fund primarily invests in undervalued municipal securities and other related investments which are exempt from regular federal and Massachusetts income taxes.