Nuveen Massachusetts Quality Municipal Income Fund (NYSE:NMT) Announces $0.04 Monthly Dividend

Nuveen Massachusetts Quality Municipal Income Fund (NYSE:NMT) declared a monthly dividend on Friday, May 3rd, Wall Street Journal reports. Shareholders of record on Wednesday, May 15th will be given a dividend of 0.0415 per share by the financial services provider on Monday, June 3rd. This represents a $0.50 dividend on an annualized basis and a yield of 4.71%. The ex-dividend date is Tuesday, May 14th.

Nuveen Massachusetts Quality Municipal Income Fund Trading Up 0.8 %

Shares of Nuveen Massachusetts Quality Municipal Income Fund stock traded up $0.09 during trading hours on Friday, reaching $10.58. 15,290 shares of the stock traded hands, compared to its average volume of 15,525. Nuveen Massachusetts Quality Municipal Income Fund has a one year low of $9.05 and a one year high of $10.95. The company has a 50 day moving average price of $10.67 and a 200 day moving average price of $10.39.

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.