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

Nuveen Massachusetts Quality Municipal Income Fund (NYSE:NMT) declared a monthly dividend on Thursday, April 3rd, Wall Street Journal reports. Shareholders of record on Tuesday, April 15th will be paid a dividend of 0.071 per share by the financial services provider on Thursday, May 1st. This represents a $0.85 annualized dividend and a yield of 7.23%. The ex-dividend date is Tuesday, April 15th.

Nuveen Massachusetts Quality Municipal Income Fund Trading Down 0.9 %

Shares of Nuveen Massachusetts Quality Municipal Income Fund stock traded down $0.11 during midday trading on Thursday, hitting $11.79. The company had a trading volume of 15,290 shares, compared to its average volume of 21,765. The business’s 50 day simple moving average is $11.77 and its two-hundred day simple moving average is $11.67. Nuveen Massachusetts Quality Municipal Income Fund has a 1-year low of $10.41 and a 1-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.