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

Nuveen Massachusetts Quality Municipal Income Fund (NYSE:NMT) declared a monthly dividend on Friday, May 3rd, Wall Street Journal reports. Investors 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 annualized dividend and a yield of 4.71%. The ex-dividend date is Tuesday, May 14th.

Nuveen Massachusetts Quality Municipal Income Fund Price Performance

NYSE:NMT traded up $0.09 on Friday, reaching $10.58. The company’s stock had a trading volume of 15,290 shares, compared to its average volume of 15,525. Nuveen Massachusetts Quality Municipal Income Fund has a 12-month low of $9.05 and a 12-month high of $10.95. The stock has a 50 day moving average price of $10.67 and a 200 day moving average price of $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.