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

Nuveen Massachusetts Quality Municipal Income Fund (NYSE:NMT) announced a monthly dividend on Thursday, October 3rd, Wall Street Journal reports. Investors of record on Tuesday, October 15th will be paid a dividend of 0.071 per share by the financial services provider on Friday, November 1st. This represents a $0.85 dividend on an annualized basis and a yield of 7.28%. The ex-dividend date of this dividend is Tuesday, October 15th.

Nuveen Massachusetts Quality Municipal Income Fund Trading Down 0.3 %

Shares of NYSE:NMT traded down $0.04 during midday trading on Thursday, reaching $11.71. The company had a trading volume of 16,570 shares, compared to its average volume of 19,121. Nuveen Massachusetts Quality Municipal Income Fund has a 1-year low of $9.05 and a 1-year high of $11.77. The company has a fifty day simple moving average of $11.38 and a two-hundred day simple moving average of $11.02.

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.