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, March 3rd, NASDAQ Dividends reports. Stockholders of record on Friday, March 14th will be paid a dividend of 0.071 per share by the financial services provider on Tuesday, April 1st. This represents a $0.85 annualized dividend and a dividend yield of 7.14%. The ex-dividend date of this dividend is Friday, March 14th.

Nuveen Massachusetts Quality Municipal Income Fund Price Performance

NMT remained flat at $11.94 on Tuesday. The company had a trading volume of 37,780 shares, compared to its average volume of 22,443. Nuveen Massachusetts Quality Municipal Income Fund has a 52-week low of $10.41 and a 52-week high of $12.21. The business has a fifty day simple moving average of $11.62 and a 200 day simple moving average of $11.60.

Nuveen Massachusetts Quality Municipal Income Fund Company Profile

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.