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 Thursday, July 3rd, Wall Street Journal reports. Shareholders of record on Tuesday, July 15th will be paid a dividend of 0.071 per share by the financial services provider on Friday, August 1st. This represents a $0.85 dividend on an annualized basis and a yield of 7.27%. The ex-dividend date of this dividend is Tuesday, July 15th.

Nuveen Massachusetts Quality Municipal Income Fund Stock Down 0.4%

Shares of NMT stock opened at $11.72 on Friday. The firm’s 50 day moving average price is $11.85 and its two-hundred day moving average price is $11.72. Nuveen Massachusetts Quality Municipal Income Fund has a fifty-two week low of $10.90 and a fifty-two week high of $12.33.

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.