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

Nuveen Massachusetts Quality Municipal Income Fund (NYSE:NMT) announced a monthly dividend on Monday, December 2nd,NASDAQ Dividends reports. Shareholders of record on Friday, December 13th will be given 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 Nuveen Massachusetts Quality Municipal Income Fund stock traded down $0.08 during trading on Tuesday, reaching $11.72. 44,473 shares of the company traded hands, compared to its average volume of 20,393. The company has a 50 day moving average price of $11.69 and a 200-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.

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.