NMT Declares $0.0605 Monthly Dividend With 5.77% Forward Yield

The Nuveen Massachusetts Quality Municipal Income Fund sets a $0.0605 payout for September, reflecting a 5.77% annualized yield. Nuveen Massachusetts Quality Municipal Income Fund (NMT) announced a $0.0605 per share monthly dividend. The payment yields 5.77% on an annualiz

The Nuveen Massachusetts Quality Municipal Income Fund sets a $0.0605 payout for September, reflecting a 5.77% annualized yield.

Nuveen Massachusetts Quality Municipal Income Fund (NMT) announced a $0.0605 per share monthly dividend. The payment yields 5.77% on an annualized forward basis, based on the current share price.

The dividend is payable September 1 to shareholders of record as of August 14, with an ex-dividend date also set for August 14. The fund’s prior monthly dividends have ranged near similar levels, maintaining steady payouts for income-focused investors.

No immediate market reaction was disclosed following the announcement.

Leave a Reply

Your email address will not be published. Required fields are marked *