Nuveen Massachusetts Quality Municipal Income Fund (NMT) to Issue Monthly Dividend of $0.07 on December 31st

Nuveen Massachusetts Quality Municipal Income Fund (NYSE:NMT) announced a monthly dividend on Monday, December 2nd,NASDAQ Dividends reports. Investors of record on Friday, December 13th will be given a dividend of 0.071 per share by the financial services provider on Tuesday, December 31st. This represents a $0.85 annualized dividend and a dividend yield of 7.34%. The ex-dividend date is Friday, December 13th.

Nuveen Massachusetts Quality Municipal Income Fund Price Performance

Nuveen Massachusetts Quality Municipal Income Fund stock opened at $11.60 on Wednesday. Nuveen Massachusetts Quality Municipal Income Fund has a one year low of $10.28 and a one year high of $12.21. The company’s fifty day moving average price is $11.70 and its two-hundred day moving average price is $11.38.

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.