NMT Dividend
Nuveen Massachusetts Quality Municipal Income Fund
NYSEFinancial ServicesStockData as of
- Dividend yield
- 7.38%
- Annual dividend
- $0.75
- Payout ratio
- 0.77
- Frequency
- Monthly
- Share price
- $10.17
- Market cap
- $104M
Next payment
Ex-dividend date: Pay date: Amount: $0.0605
You must own the shares before the ex-dividend date to receive this payment.
Is NMT a good dividend stock?
What the data shows. These are observations, not recommendations — see the disclaimer at the foot of the page.
- Yield is above the market median7.38% against a median of 2.84% across US dividend payers.
- Dividend uses most of earningsA payout ratio of 0.77 leaves a narrower margin than the sub-0.60 range generally considered comfortable, though it remains within earnings.
- Dividend has been cut 14 timesAcross 33 complete years, the annual total fell in 2019, 2022, 2023 and earlier. The most recent reduction was in 2023.
- Pays monthlyPayments arrive twelve times a year rather than the usual four, which suits income being drawn rather than reinvested.
NMT dividend history
Annual dividend per share, 1993 to 2025.
Recent dividend payments
| Ex-dividend date | Pay date | Amount | Type |
|---|---|---|---|
| $0.0605 | Monthly | ||
| $0.0605 | Monthly | ||
| $0.0605 | Monthly | ||
| $0.0605 | Monthly | ||
| $0.0605 | Monthly | ||
| $0.0640 | Monthly | ||
| $0.0640 | Monthly | ||
| $0.0640 | Monthly | ||
| $0.0640 | Monthly | ||
| $0.0640 | Monthly | ||
| $0.0640 | Monthly | ||
| $0.0640 | Monthly | ||
| $0.0640 | Monthly | ||
| $0.0640 | Monthly | ||
| $0.0710 | Monthly | ||
| $0.0710 | Monthly | ||
| $0.0710 | Monthly | ||
| $0.0710 | Monthly | ||
| $0.0710 | Monthly | ||
| $0.0710 | Monthly | ||
| $0.0710 | Monthly | ||
| $0.0710 | Monthly | ||
| $0.0710 | Monthly | ||
| $0.0710 | Monthly | ||
| $0.0710 | Monthly | ||
| $0.0710 | Monthly | ||
| $0.0710 | Monthly | ||
| $0.0710 | Monthly | ||
| $0.0710 | Monthly | ||
| $0.0415 | Monthly | ||
| $0.0415 | Monthly | ||
| $0.0415 | Monthly | ||
| $0.0310 | Monthly | ||
| $0.0310 | Monthly | ||
| $0.0310 | Monthly | ||
| $0.0310 | Monthly | ||
| $0.0260 | Monthly | ||
| $0.0260 | Monthly | ||
| $0.0260 | Monthly | ||
| $0.0260 | Monthly |
How much would NMT pay you?
Enter an amount and see the income this dividend would produce — per year, per payment and per month.
Calculate NMT dividend income →NMT appears in
Other financial services dividend stocks
Closest to NMT on yield.
- TWNThe Taiwan Fund, Inc.7.38%
- AEFCAegon Funding Company LLC7.34%
- AFGEAmerican Financial Group, Inc.7.42%
- RMIRiverNorth Opportunistic Municipal Income Fund, Inc.7.43%
- NAZNuveen Arizona Quality Municipal Income Fund7.33%
- BGRBlackRock Energy and Resources Trust7.32%
- AFGBAmerican Financial Group, Inc.7.31%
- ACP-PAAbrdn Income Credit Strategies Fund7.45%
Frequently asked questions
- Does NMT pay a dividend?
- Yes. Nuveen Massachusetts Quality Municipal Income Fund pays a monthly dividend, currently yielding 7.38% based on trailing twelve-month payments of $0.75 per share.
- How much does NMT pay in dividends?
- $0.75 per share over the last twelve months, paid monthly. Special and one-off distributions are excluded from that figure because they do not recur.
- When is the next NMT ex-dividend date?
- The next ex-dividend date on record is November 13, 2026, with payment on December 1, 2026. You must own the shares before the ex-dividend date to receive that payment.