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Nuveen Massachusetts Premium Income Municipal Fund Stock Dividends Overview

NMT pays dividends monthly. Last paid amount was $0.0415 at May 01, 2024. As of today, dividend yield (TTM) is 3.65%.

Dividend Yield Range

The Dividend Yield Range is the range of values in which a stock’s dividend yield has fluctuated within a specified period, often a year. It represents the variation between the highest and lowest dividend yields observed during that time frame.
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Dividend Analysis

Key Stats

Dividend Yield (TTM) 3.65%
Frequency Monthly
1Y Growth 59.62%
Payout Ratio 0
Amount Per Share $0.0415
Next Ex-Dividend Date May 14, 2024
Next Payment Date Jun 03, 2024

NMT Dividend Payout History

To ensure a understanding of NMT's dividend performance, consider examining the historical payout ratios and how they align with the company's earnings. Fluctuations in payout amounts may reflect changes in the company's dividend policy or earnings stability.


# Declaration Date Ex-Date Pay Date Amount Yield
41 Jan 05, 2021 Jan 14, 2021 Feb 01, 2021 $0.0460 0.309%
42 Dec 03, 2020 Dec 14, 2020 Dec 31, 2020 $0.0460 0.316%
43 Nov 04, 2020 Nov 12, 2020 Dec 01, 2020 $0.0460 0.311%
44 Oct 05, 2020 Oct 14, 2020 Nov 02, 2020 $0.0460 0.318%
45 Sep 03, 2020 Sep 14, 2020 Oct 01, 2020 $0.0450 0.320%
46 Aug 05, 2020 Aug 13, 2020 Sep 01, 2020 $0.0450 0.313%
47 Jul 06, 2020 Jul 14, 2020 Aug 03, 2020 $0.0450 0.319%
48 Jun 03, 2020 Jun 12, 2020 Jul 01, 2020 $0.0450 0.326%
49 May 05, 2020 May 14, 2020 Jun 01, 2020 $0.0450 0.342%
50 Apr 03, 2020 Apr 14, 2020 May 01, 2020 $0.0410 0.313%

Dividend Sustainability

The company's strong Dividend Sustainability Score (DSS) indicates its robust capacity to uphold current dividend levels. Furthermore, its high Dividend Growth Potential Score (DGPS) signals potential dividend growth. In summary, the company provides a promising overall dividend outlook, balancing both sustainability and growth potential.

Sustainability score

Good (81.80%)

Growth potential

Decrease likely (26.63%)

NMT Dividend Calculator

Dividend Calculator is designed to forecast the potential returns from NMT dividends based on your individual investment size or the number of shares you own. Simply enter your total investment amount to see the cumulative dividend payment you could receive over a specified period.
Read how to invest in NMT stock here.

Comparing NMT to Sector and Country

NMT pays a solid dividend yield of 3.65%, which is higher than the average of the bottom 25% of dividend payers in the US market (1.83%). NMT’s dividend yield is lower than the average of the top 25% of dividend payers in the Financial Services sector in the US market (11.05%), which means that there are more attractive dividend stocks to consider.

FAQ

What factors can affect the amount of NMT's dividend payments?
The amount of NMT's dividends can fluctuate based on several factors, including the company's financial performance, earnings, cash flow, capital requirements, and overall market conditions. Changes in NMT sector's trends, interest rate shifts, and the company's operational adjustments can also influence dividend decisions.

Can dividends from NMT stock be automatically reinvested?
If NMT offers a Dividend Reinvestment Plan (DRIP), shareholders may have the option to automatically reinvest dividends to purchase additional shares. Please check with your brokerage for the availability and details of such a plan. Here's an easy guide on how to buy NMT stock.

How often does NMT pay dividend?
Nuveen Massachusetts Premium Income Municipal Fund (NMT) pays dividends monthly. The most recent payout was on May 01, 2024. The upcoming dividend Ex Date is May 14, 2024, with an amount of $0.0415.

How much does NMT pays per share?
The last recorder (Apr 12, 2024) dividend per share was $0.0415.

What is NMT dividend growth rate?
Over the last year, Nuveen Massachusetts Premium Income Municipal Fund has witnessed growth rate of 59.62% . Looking back over the past 3 years, this growth rate has been -3.37%. Furthermore, examining the past 5 years, Nuveen Massachusetts Premium Income Municipal Fund has maintained an average Dividends Per Share Growth Rate of 0.243%.
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About Nuveen Massachusetts Premium Income Municipal Fund

Nuveen Massachusetts Quality Municipal Income Fund is a closed ended fixed income mutual fund launched by Nuveen Investments, Inc. The fund is co-managed by Nuveen Fund Advisors LLC and Nuveen Asset Management, LLC. It invests in the fixed income markets of Massachusetts, United States. The fund primarily invests in undervalued municipal securities and other related investments which are exempt from regular federal and Massachusetts income taxes.... NMT Profile

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