Nuveen Massachusetts Quality Municipal Income Fund Plans Monthly Dividend of $0.04 (NYSE:NMT)

Nuveen Massachusetts Quality Municipal Income Fund (NYSE:NMT) announced a monthly dividend on Friday, May 3rd, Wall Street Journal reports. Stockholders of record on Wednesday, May 15th will be paid a dividend of 0.0415 per share by the financial services provider on Monday, June 3rd. This represents a $0.50 dividend on an annualized basis and a dividend yield of 4.71%. The ex-dividend date of this dividend is Tuesday, May 14th.

Nuveen Massachusetts Quality Municipal Income Fund Stock Performance

Shares of NMT opened at $10.58 on Friday. Nuveen Massachusetts Quality Municipal Income Fund has a 12-month low of $9.05 and a 12-month high of $10.95. The business’s fifty day moving average price is $10.67 and its 200 day moving average price is $10.39.

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.