Nuveen Massachusetts Quality Municipal Income Fund Dividend
Dividend criteria checks 2/6
Nuveen Massachusetts Quality Municipal Income Fund is a dividend paying company with a current yield of 3.12%.
Key information
3.1%
Dividend yield
109%
Payout ratio
| Industry average yield | 2.4% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | n/a |
| Earnings per share | US$0.30 |
| Dividend yield forecast in 3Y | n/a |
Recent dividend 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 03Stability 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) | 3.1% |
| Market Bottom 25% (US) | 1.6% |
| Market Top 25% (US) | 4.8% |
| Industry Average (Capital Markets) | 2.4% |
| Analyst forecast in 3 Years (NMT) | n/a |
Notable Dividend: NMT's dividend (3.12%) is higher than the bottom 25% of dividend payers in the US market (1.56%).
High Dividend: NMT's dividend (3.12%) is low compared to the top 25% of dividend payers in the US market (4.82%).
Earnings Payout to Shareholders
Earnings Coverage: With its high payout ratio (108.6%), NMT's dividend payments are not well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonable cash payout ratio (58%), NMT's dividend payments are covered by cash flows.