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

Nuveen Massachusetts Quality Municipal Income Fund (NYSE:NMT) declared a monthly dividend on Monday, March 2nd. Stockholders of record on Friday, March 13th will be paid a dividend of 0.064 per share by the financial services provider on Wednesday, April 1st. This represents a c) dividend on an annualized basis and a dividend yield of 6.5%. The ex-dividend date of this dividend is Friday, March 13th.

Nuveen Massachusetts Quality Municipal Income Fund Trading Down 0.3%

NMT traded down $0.04 on Wednesday, hitting $11.85. 3,039 shares of the stock traded hands, compared to its average volume of 24,289. The business has a fifty day moving average price of $11.60 and a two-hundred day moving average price of $11.54. Nuveen Massachusetts Quality Municipal Income Fund has a 52 week low of $10.90 and a 52 week high of $12.33.

About Nuveen Massachusetts Quality Municipal Income Fund

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.