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

Nuveen Massachusetts Quality Municipal Income Fund (NYSE:NMT) declared a monthly dividend on Monday, March 3rd, NASDAQ Dividends reports. Shareholders of record on Friday, March 14th will be given a dividend of 0.071 per share by the financial services provider on Tuesday, April 1st. This represents a $0.85 dividend on an annualized basis and a yield of 7.14%. The ex-dividend date is Friday, March 14th.

Nuveen Massachusetts Quality Municipal Income Fund Stock Performance

Shares of NMT remained flat at $11.94 during mid-day trading on Tuesday. 37,780 shares of the stock traded hands, compared to its average volume of 22,443. Nuveen Massachusetts Quality Municipal Income Fund has a twelve month low of $10.41 and a twelve month high of $12.21. The company has a fifty day simple moving average of $11.62 and a 200 day simple moving average of $11.60.

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.