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

Nuveen Massachusetts Quality Municipal Income Fund (NYSE:NMT) declared a monthly dividend on Monday, February 3rd,NASDAQ Dividends reports. Investors of record on Friday, February 14th will be given a dividend of 0.071 per share by the financial services provider on Monday, March 3rd. This represents a $0.85 annualized dividend and a yield of 7.18%. The ex-dividend date is Friday, February 14th.

Nuveen Massachusetts Quality Municipal Income Fund Price Performance

Shares of NMT stock opened at $11.86 on Wednesday. The company’s fifty day simple moving average is $11.55 and its two-hundred day simple moving average is $11.54. Nuveen Massachusetts Quality Municipal Income Fund has a 1 year low of $10.41 and a 1 year high of $12.21.

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.