Nuveen Massachusetts Pre Income Mun Fd (NYSE:NMT) announced a monthly dividend on Monday, February 5th, Wall Street Journal reports. Shareholders of record on Thursday, February 15th will be given a dividend of 0.05 per share by the financial services provider on Thursday, March 1st. This represents a $0.60 annualized dividend and a yield of 4.36%. The ex-dividend date is Wednesday, February 14th.
Nuveen Massachusetts Pre Income Mun Fd has raised its dividend by an average of 2.1% annually over the last three years.
Nuveen Massachusetts Pre Income Mun Fd (NYSE NMT) traded down $0.13 during midday trading on Monday, reaching $13.77. 2,693 shares of the company’s stock traded hands, compared to its average volume of 11,066. Nuveen Massachusetts Pre Income Mun Fd has a fifty-two week low of $13.34 and a fifty-two week high of $15.00.
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Nuveen Massachusetts Quality Municipal Income Fund, formerly Nuveen Massachusetts Premium Income Municipal Fund, is a diversified, closed-end management investment company. The Fund seeks to provide current income exempt from both regular federal and designated state income taxes by investing primarily in a portfolio of municipal obligations issued by state and local government authorities within a single state or certain the United States territories.
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