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 Tuesday, June 3rd, Wall Street Journal reports. Investors of record on Friday, June 13th will be paid a dividend of 0.071 per share by the financial services provider on Tuesday, July 1st. This represents a $0.85 dividend on an annualized basis and a yield of 7.13%. The ex-dividend date of this dividend is Friday, June 13th.

Nuveen Massachusetts Quality Municipal Income Fund Trading Up 0.5%

NMT opened at $11.96 on Wednesday. Nuveen Massachusetts Quality Municipal Income Fund has a one year low of $10.89 and a one year high of $12.33. The business’s 50-day simple moving average is $11.76 and its 200-day simple moving average is $11.70.

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.