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

Nuveen Massachusetts Quality Municipal Income Fund (NYSE:NMT) announced a monthly dividend on Friday, November 1st,NASDAQ Dividends reports. Investors of record on Friday, November 15th will be paid a dividend of 0.071 per share by the financial services provider on Monday, December 2nd. This represents a $0.85 annualized dividend and a dividend yield of 7.26%. The ex-dividend date is Friday, November 15th.

Nuveen Massachusetts Quality Municipal Income Fund Trading Up 1.4 %

Nuveen Massachusetts Quality Municipal Income Fund stock traded up $0.16 during midday trading on Wednesday, reaching $11.74. The stock had a trading volume of 7,860 shares, compared to its average volume of 19,981. Nuveen Massachusetts Quality Municipal Income Fund has a twelve month low of $9.76 and a twelve month high of $12.21. The firm’s fifty day simple moving average is $11.62 and its two-hundred day simple moving average is $11.23.

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.