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

Posted by ABMN Staff on Jan 4th, 2025

Nuveen Massachusetts Quality Municipal Income Fund (NYSE:NMT – Get Free Report) declared a monthly dividend on Thursday, January 2nd,Wall Street Journal reports. Shareholders of record on Wednesday, January 15th will be given a dividend of 0.071 per share by the financial services provider on Monday, February 3rd. This represents a $0.85 dividend on an annualized basis and a yield of 7.40%. The ex-dividend date is Wednesday, January 15th.

Nuveen Massachusetts Quality Municipal Income Fund Price Performance

Nuveen Massachusetts Quality Municipal Income Fund stock opened at $11.51 on Friday. The firm has a 50 day simple moving average of $11.64 and a 200-day simple moving average of $11.46. Nuveen Massachusetts Quality Municipal Income Fund has a 1-year low of $10.36 and a 1-year high of $12.21.

Nuveen Massachusetts Quality Municipal Income Fund Company Profile

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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.