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Federated Hermes, Inc. - $FHI STOCK NEWS

Welcome to our dedicated page for Federated Hermes news (Ticker: $FHI), a resource for investors and traders seeking the latest updates and insights on Federated Hermes stock.

Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect Federated Hermes's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.

Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of Federated Hermes's position in the market.

Rhea-AI Summary

Federated Hermes, a global leader in active investment management, announced the release of monthly fund composition and performance data for the Federated Hermes Premier Municipal Income Fund (NYSE: FMN) as of April 30, 2024. This data is accessible on the company's website. Federated Hermes manages $778.7 billion in assets and offers various investment solutions. Headquartered in Pittsburgh, it employs over 2,000 people globally.

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0.73%
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Rhea-AI Summary

Federated Hermes Premier Municipal Income Fund (NYSE: FMN) has declared a dividend to provide investors with current dividend income exempt from regular federal income tax and the federal alternative minimum tax (AMT). The dividend per share amount has changed from the previous month. Investors can access additional portfolio information on FederatedHermes.com/us.

Rhea-AI Impact
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End-of-Day
-0.69%
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dividends
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Rhea-AI Summary
Federated Hermes, Inc. reported Q1 2024 earnings of $0.89 per diluted share, up from $0.78 in Q1 2023, with total assets under management reaching $778.7 billion, reflecting an 11% increase. A quarterly dividend of $0.31 and a special dividend of $1.00 were declared, with significant growth in money market assets. The company also welcomed a new director to its board.
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-3.95%
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dividends earnings
Rhea-AI Summary
Federated Hermes, Inc. announces the availability of monthly fund composition and performance data for Federated Hermes Premier Municipal Income Fund as of March 31, 2024. The company is a global leader in active, responsible investing with $757.6 billion in assets under management.
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-1.88%
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Rhea-AI Summary
Federated Hermes Premier Municipal Income Fund (NYSE: FMN) declares a tax-free dividend per share with a change from the previous month of $0.0350. Federated Hermes, Inc. (NYSE: FHI) is a global leader in active investment management with $757.6 billion in assets under management, offering a variety of investment solutions to institutions and intermediaries worldwide.
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-1.41%
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dividends
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Rhea-AI Summary
Federated Hermes, Inc. (FHI) will hold its Annual Shareholder Meeting via teleconference on April 25, 2024. The company will announce financial results for the quarter ended March 31, 2024, on the same day after market close. A conference call for investors and analysts will follow on April 26, 2024, hosted by President J. Christopher Donahue and CFO Thomas R. Donahue.
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Rhea-AI Summary
Federated Hermes, Inc. announces the availability of monthly fund composition and performance data for Federated Hermes Premier Municipal Income Fund as of Feb. 29, 2024. The company is a global leader in responsible investing with $757.6 billion in assets under management. Clients include various institutions worldwide.
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0.96%
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Rhea-AI Summary
Federated Hermes Muni & Stock Advantage Fund and Federated Hermes SDG Engagement Equity Fund have been recognized by the 2024 LSEG Lipper Fund Awards for their strong risk-adjusted three-year performance. The Muni & Stock Advantage Fund outperformed 308 fund share classes and 76 portfolios, focusing on tax-advantaged income and capital appreciation through a diversified portfolio of municipal bonds and dividend-paying stocks. The SDG Engagement Equity Fund outperformed 119 fund share classes and 37 portfolios, aiming for long-term capital appreciation and societal impact by investing in small- and mid-cap companies aligned with Sustainable Development Goals.
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-0.67%
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Rhea-AI Summary
Federated Hermes Premier Municipal Income Fund (FMN) declares a tax-free dividend of $0.0350 per share, exempt from federal income tax and alternative minimum tax. Federated Hermes, Inc. (FHI), a global investment management leader, manages $757.6 billion in assets, offering diverse investment solutions to institutions worldwide.
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2.04%
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dividends
Rhea-AI Summary
Federated Hermes, Inc. (FHI) CEO to present at 2024 RBC Capital Markets Financial Institutions Conference
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0.14%
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Federated Hermes, Inc.

NYSE:FHI

FHI Rankings

FHI Stock Data

2.76B
77.26M
3.34%
78.2%
2.59%
Securities and Commodity Exchanges
Finance and Insurance
Link
United States of America
PITTSBURGH

About FHI

federated hermes is guided by the conviction that responsible investing is the best way to create long-term wealth. we provide specialised capabilities across equity, fixed income and private markets, in addition to multi-asset strategies and proven liquidity-management solutions. through our world-leading stewardship services, we engage companies on strategic and sustainability concerns to promote investors’ long-term performance and fiduciary interests. our goals are to help individuals invest and retire better, to help clients achieve better risk-adjusted returns, and to contribute to positive outcomes in the wider world.