Nuveen Massachusetts Quality Municipal Income Fund Dividends and Buybacks
Dividend criteria checks 1/6
Nuveen Massachusetts Quality Municipal Income Fund is a dividend paying company with a current yield of 3.2%. Next payment date is on 2nd December, 2024 with an ex-dividend date of 15th November, 2024.
Key information
3.2%
Dividend yield
n/a
Buyback Yield
| Total Shareholder Yield | n/a |
| Future Dividend Yield | n/a |
| Dividend Growth | -4.9% |
| Next dividend pay date | 02 Dec 24 |
| Ex dividend date | 15 Nov 24 |
| Dividend per share | US$0.379 |
| Payout ratio | 137% |
Recent dividend and buyback updates
No updates
Recent updates
Nuveen Massachusetts Quality Municipal Income Fund declares $0.026 dividend
Feb 07Nuveen Massachusetts Quality Municipal Income Fund declares $0.0335 dividend
Dec 06Nuveen Massachusetts Quality Municipal Income Fund declares $0.0335 dividend
Nov 04Nuveen Massachusetts Quality Municipal Income Fund reduces dividend by 14.1%
Oct 06Nuveen Massachusetts Quality Municipal Income Fund declares $0.039 dividend
Sep 02Nuveen Massachusetts Quality Municipal Income Fund dips -9.3% to $0.039/share
Jul 06Nuveen Massachusetts Premium Income Municipal Fund declares $0.046 dividend
May 07Nuveen Massachusetts Premium Income Municipal Fund declares $0.046 dividend
Feb 04Nuveen Massachusetts Premium Income Municipal Fund declares $0.046 dividend
Jan 05Nuveen Massachusetts Premium Income Municipal Fund declares $0.046 dividend
Dec 02Nuveen Massachusetts Premium Income Municipal Fund declares $0.046 dividend
Nov 03Upcoming Dividend Payment
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: NMT's dividend payments have been volatile in the past 10 years.
Growing Dividend: NMT's dividend payments have fallen over the past 10 years.
Dividend Yield vs Market
| Nuveen Massachusetts Quality Municipal Income Fund Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (NMT) | 3.2% |
| Market Bottom 25% (US) | 1.3% |
| Market Top 25% (US) | 4.3% |
| Industry Average (Capital Markets) | 1.8% |
| Analyst forecast (NMT) (up to 3 years) | n/a |
Notable Dividend: NMT's dividend (3.2%) is higher than the bottom 25% of dividend payers in the US market (1.35%).
High Dividend: NMT's dividend (3.2%) is low compared to the top 25% of dividend payers in the US market (4.36%).
Earnings Payout to Shareholders
Earnings Coverage: With its high payout ratio (137.3%), NMT's dividend payments are not well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its high cash payout ratio (306.9%), NMT's dividend payments are not well covered by cash flows.