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

Nuveen Massachusetts Quality Municipal Income Fund (NYSE:NMT) declared a monthly dividend on Monday, March 3rd, NASDAQ Dividends reports. Investors 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 7.23%. The ex-dividend date of this dividend is Friday, March 14th.

Nuveen Massachusetts Quality Municipal Income Fund Stock Up 0.2 %

NYSE:NMT opened at $11.79 on Wednesday. The stock’s 50 day moving average price is $11.67 and its two-hundred day moving average price is $11.63. Nuveen Massachusetts Quality Municipal Income Fund has a twelve month low of $10.41 and a twelve month 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.