Nuveen Massachusetts Pre Income Mun Fd (NYSE:NMT) announced a monthly dividend on Thursday, December 6th, Wall Street Journal reports. Stockholders of record on Friday, December 14th will be given a dividend of 0.041 per share by the financial services provider on Monday, December 31st. This represents a $0.49 annualized dividend and a dividend yield of 4.02%. The ex-dividend date is Thursday, December 13th.
Nuveen Massachusetts Pre Income Mun Fd has raised its dividend by an average of 2.1% annually over the last three years.
Shares of NMT traded up $0.02 during trading hours on Thursday, hitting $12.23. 33,210 shares of the company were exchanged, compared to its average volume of 14,135. Nuveen Massachusetts Pre Income Mun Fd has a fifty-two week low of $11.50 and a fifty-two week high of $14.73.
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About Nuveen Massachusetts Pre Income Mun Fd
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.
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