Nuveen Massachusetts Pre Income Mun Fd (NYSE:NMT) announced a monthly dividend on Monday, July 6th, Wall Street Journal reports. Stockholders of record on Wednesday, July 15th will be given a dividend of 0.0445 per share by the financial services provider on Monday, August 3rd. This represents a $0.53 annualized dividend and a dividend yield of 3.90%. The ex-dividend date is Tuesday, July 14th.
Nuveen Massachusetts Pre Income Mun Fd has decreased its dividend payment by an average of 41.8% annually over the last three years.
Shares of NMT stock traded down $0.10 during trading hours on Monday, hitting $13.70. The company had a trading volume of 7,900 shares, compared to its average volume of 13,646. Nuveen Massachusetts Pre Income Mun Fd has a 12 month low of $11.25 and a 12 month high of $14.51. The firm’s fifty day moving average is $13.20 and its 200 day moving average is $13.64.
About Nuveen Massachusetts Pre Income Mun Fd
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.
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