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

Nuveen Massachusetts Quality Municipal Income Fund (NYSE:NMT) announced a monthly dividend on Friday, November 1st,NASDAQ Dividends reports. Shareholders of record on Friday, November 15th will be given a dividend of 0.071 per share by the financial services provider on Monday, December 2nd. This represents a $0.85 annualized dividend and a yield of 7.26%. The ex-dividend date is Friday, November 15th.

Nuveen Massachusetts Quality Municipal Income Fund Stock Up 1.4 %

Shares of Nuveen Massachusetts Quality Municipal Income Fund stock opened at $11.74 on Thursday. Nuveen Massachusetts Quality Municipal Income Fund has a 52 week low of $9.76 and a 52 week high of $12.21. The business’s fifty day simple moving average is $11.63 and its 200-day simple moving average is $11.24.

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.