Nuveen Massachusetts Quality Municipal Income Fund (NYSE:NMT) Announces Monthly Dividend of $0.06

Nuveen Massachusetts Quality Municipal Income Fund (NYSE:NMT) announced a monthly dividend on Wednesday, July 1st. Shareholders of record on Wednesday, July 15th will be paid a dividend of 0.0605 per share by the financial services provider on Monday, August 3rd. This represents a c) annualized dividend and a yield of 5.7%. The ex-dividend date of this dividend is Wednesday, July 15th.

Nuveen Massachusetts Quality Municipal Income Fund Trading Down 1.3%

NMT opened at $12.82 on Thursday. The stock has a 50-day moving average price of $12.81 and a 200-day moving average price of $12.16. Nuveen Massachusetts Quality Municipal Income Fund has a 12-month low of $11.11 and a 12-month high of $13.69.

About Nuveen Massachusetts Quality Municipal Income Fund

Nuveen Massachusetts Quality Municipal Income Fund (NYSE:NMT) is a closed-end management investment company that seeks to provide shareholders with a high level of current income that is exempt from regular U.S. federal income tax. The fund primarily invests in investment-grade municipal securities, with an emphasis on bonds issued by state and local governments and agencies in Massachusetts. Its portfolio includes general obligation bonds, revenue bonds, and other municipal debt instruments that meet the fund’s credit quality standards.

As part of the Nuveen family of investment products, the fund is managed by Nuveen’s municipal fixed income team.