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

Nuveen Massachusetts Quality Municipal Income Fund (NYSE:NMT) announced a monthly dividend on Tuesday, October 1st, Wall Street Journal reports. Shareholders 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 7.26%. The ex-dividend date of this dividend is Tuesday, October 15th.

Nuveen Massachusetts Quality Municipal Income Fund Price Performance

Nuveen Massachusetts Quality Municipal Income Fund stock traded down $0.01 during trading hours on Thursday, reaching $11.74. The stock had a trading volume of 17,700 shares, compared to its average volume of 19,127. The company has a fifty day simple moving average of $11.38 and a 200-day simple moving average of $11.02. Nuveen Massachusetts Quality Municipal Income Fund has a 52 week low of $9.05 and a 52 week high of $11.78.

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.