Nuveen Massachusetts Quality Municipal Income Fund

SmarterDividends' proprietary score, backtested against which dividends were actually cut over 15+ years (0.78 AUC). It blends a validated cut-risk model (growth streak, cut history) with current payout, cash-flow and debt. Higher is safer · not investment advice.

Dividend Growth

Total dividends per share by year

Nuveen Massachusetts Quality Municipal Income Fund (NMT) pays a monthly dividend yielding 5.59% ($0.73/yr), with 2 years of growth and a dividend-safety grade of C. The picture is mixed — the dividend pays, but safety or growth signals are weaker than ideal.

Key Data

Dividend Yield

5.59%

Payout Ratio

90%

Annual Dividend

$0.73

5-Yr Avg Growth

9.5%

Ex-Dividend Date

Jun 15, 2026

Years of Growth

2

Frequency

monthly

Beta

0.48

Market Cap

$133.2M

P/E Ratio

—

5-Yr Total Return

-14%

52-Week Range

$11.11 – $13.70

Dividend Safety

C · 53/100

Ever Cut?

Yes (2023)

Frequently Asked Questions