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

Nuveen Massachusetts Quality Municipal Income Fund (NYSE:NMT) announced a monthly dividend on Friday, January 3rd,Wall Street Journal reports. Investors of record on Wednesday, January 15th will be given a dividend of 0.071 per share by the financial services provider on Monday, February 3rd. This represents a $0.85 annualized dividend and a yield of 7.40%. The ex-dividend date is Wednesday, January 15th.

Nuveen Massachusetts Quality Municipal Income Fund Stock Up 0.2 %

NYSE NMT traded up $0.02 on Friday, hitting $11.51. 19,784 shares of the stock were exchanged, compared to its average volume of 17,442. Nuveen Massachusetts Quality Municipal Income Fund has a 52-week low of $10.36 and a 52-week high of $12.21. The stock has a fifty day moving average price of $11.64 and a two-hundred day moving average price of $11.46.

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.