If a company's dividend payout ratio is too high, its dividend may not be sustainable. The dividend payout ratio of Nuveen Massachusetts Quality Municipal Income Fund is 1.11, which seems too high.
During the past 12 months, Nuveen Massachusetts Quality Municipalome Fund's average Dividends Per Share Growth Rate was -32.40% per year.
During the past 3 years, the average Dividends Per Share Growth Rate was -9.20% per year.
During the past 5 years, the average Dividends Per Share Growth Rate was -0.20% per year.
During the past 6 years, the highest 3-Year average Dividends Per Share Growth Rate of Nuveen Massachusetts Quality Municipalome Fund was 11.20% per year. The lowest was -9.20% per year. And the median was 1.70% per year.
The growth rate is calculated with least square regression.
For more information regarding to dividend, please check our Dividend Page.
Nuveen Massachusetts Quality Municipalome Fund Dividend Payout Ratio Historical Data
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
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Nuveen Massachusetts Quality Municipalome Fund Dividend Payout Ratio Chart
Nuveen Massachusetts Quality Municipalome Fund Annual Data
Competitive Comparison of Nuveen Massachusetts Quality Municipalome Fund's Dividend Payout Ratio
For the Asset Management subindustry, Nuveen Massachusetts Quality Municipalome Fund's Dividend Payout Ratio, along with its competitors' market caps and Dividend Payout Ratio data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
Nuveen Massachusetts Quality Municipalome Fund's Dividend Payout Ratio Distribution in the Asset Management Industry
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Nuveen Massachusetts Quality Municipalome Fund (NYSE:NMT) Dividend Payout Ratio Explanation
In dividends investing, Payout Ratio and Dividend Growth Rate are the two most important variables for consideration. A lower payout ratio may indicate that the company has more room to increase its dividends.
Nuveen Massachusetts Quality Municipalome Fund Dividend Payout Ratio Related Terms
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Nuveen Massachusetts Quality Municipalome Fund (Nuveen Massachusetts Quality Municipalome Fund) Business Description
Nuveen Massachusetts Quality Municipal Income Fund is a diversified, closed-end management investment company. The Fund's objective seeks to provide current income exempt from both regular federal and Massachusetts income taxes by investing in a portfolio of municipal obligations issued by state and local government authorities within a single state or certain U.S. territories.
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