Nuveen Massachusetts Quality Municipal Income Fund Plans Monthly Dividend of $0.06 (NYSE:NMT)

Nuveen Massachusetts Quality Municipal Income Fund (NYSE:NMT) declared a monthly dividend on Monday, February 2nd. Shareholders of record on Friday, February 13th will be paid a dividend of 0.064 per share by the financial services provider on Monday, March 2nd. This represents a c) annualized dividend and a yield of 6.5%. The ex-dividend date is Friday, February 13th.

Nuveen Massachusetts Quality Municipal Income Fund Stock Up 0.5%

Shares of NMT traded up $0.06 during mid-day trading on Tuesday, reaching $11.73. 442 shares of the stock traded hands, compared to its average volume of 24,967. Nuveen Massachusetts Quality Municipal Income Fund has a 1 year low of $10.90 and a 1 year high of $12.33. The firm has a fifty day moving average price of $11.49 and a 200 day moving average price of $11.48.

Nuveen Massachusetts Quality Municipal Income Fund Company Profile

Nuveen Massachusetts Quality Municipal Income Fund (NYSE:NMT) is a closed-end management investment company that seeks to provide shareholders with a high level of current income that is exempt from regular U.S. federal income tax. The fund primarily invests in investment-grade municipal securities, with an emphasis on bonds issued by state and local governments and agencies in Massachusetts. Its portfolio includes general obligation bonds, revenue bonds, and other municipal debt instruments that meet the fund’s credit quality standards.

As part of the Nuveen family of investment products, the fund is managed by Nuveen’s municipal fixed income team.