Nuveen Massachusetts Quality Municipal Income Fund (NYSE:NMT) Announces $0.07 Monthly Dividend

Nuveen Massachusetts Quality Municipal Income Fund (NYSE:NMT) announced a monthly dividend on Monday, February 3rd,NASDAQ Dividends reports. Investors of record on Friday, February 14th will be given a dividend of 0.071 per share by the financial services provider on Monday, March 3rd. This represents a $0.85 dividend on an annualized basis and a dividend yield of 7.33%. The ex-dividend date is Friday, February 14th.

Nuveen Massachusetts Quality Municipal Income Fund Stock Down 0.7 %

Shares of NYSE NMT traded down $0.08 during midday trading on Tuesday, reaching $11.62. The company’s stock had a trading volume of 13,743 shares, compared to its average volume of 20,156. The company has a 50 day moving average price of $11.55 and a 200 day moving average price of $11.52. Nuveen Massachusetts Quality Municipal Income Fund has a one year low of $10.41 and a one year high of $12.21.

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.