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

Nuveen Massachusetts Quality Municipal Income Fund (NYSE:NMT) announced a monthly dividend on Monday, July 1st, NASDAQ reports. Stockholders of record on Monday, July 15th will be given a dividend of 0.071 per share by the financial services provider on Thursday, August 1st. This represents a $0.85 annualized dividend and a dividend yield of 7.66%. The ex-dividend date of this dividend is Monday, July 15th.

Nuveen Massachusetts Quality Municipal Income Fund Stock Up 0.2 %

NYSE:NMT traded up $0.03 during mid-day trading on Tuesday, reaching $11.13. The company’s stock had a trading volume of 9,196 shares, compared to its average volume of 14,653. The company’s fifty day simple moving average is $10.77 and its two-hundred day simple moving average is $10.68. Nuveen Massachusetts Quality Municipal Income Fund has a twelve month low of $9.05 and a twelve month high of $11.24.

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.