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

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

Nuveen Massachusetts Quality Municipal Income Fund Price Performance

NMT stock opened at $12.70 on Tuesday. Nuveen Massachusetts Quality Municipal Income Fund has a twelve month low of $11.11 and a twelve month high of $13.69. The business has a 50 day simple moving average of $12.55 and a 200-day simple moving average of $11.95.

Nuveen Massachusetts Quality Municipal Income Fund Company Profile

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.