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

Nuveen Massachusetts Quality Municipal Income Fund (NYSE:NMT) declared a monthly dividend on Friday, January 2nd. Investors of record on Thursday, January 15th will be given a dividend of 0.064 per share by the financial services provider on Monday, February 2nd. This represents a c) dividend on an annualized basis and a yield of 6.7%. The ex-dividend date of this dividend is Thursday, January 15th.

Nuveen Massachusetts Quality Municipal Income Fund Price Performance

NYSE NMT traded up $0.02 on Tuesday, hitting $11.50. The company had a trading volume of 2,204 shares, compared to its average volume of 23,027. The company’s fifty day moving average price is $11.47 and its 200-day moving average price is $11.49. Nuveen Massachusetts Quality Municipal Income Fund has a 12-month low of $10.90 and a 12-month high of $12.33.

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.