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

Nuveen Massachusetts Quality Municipal Income Fund (NYSE:NMT) announced a monthly dividend on Monday, December 2nd,NASDAQ Dividends reports. Investors of record on Friday, December 13th will be paid a dividend of 0.071 per share by the financial services provider on Tuesday, December 31st. This represents a $0.85 dividend on an annualized basis and a yield of 7.27%. The ex-dividend date is Friday, December 13th.

Nuveen Massachusetts Quality Municipal Income Fund Stock Down 0.7 %

Shares of NYSE:NMT traded down $0.08 during trading on Tuesday, hitting $11.72. 44,473 shares of the company’s stock were exchanged, compared to its average volume of 20,393. The firm has a 50-day moving average price of $11.69 and a two-hundred day moving average price of $11.34. Nuveen Massachusetts Quality Municipal Income Fund has a 1-year low of $10.26 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.