Federated Hermes Premier Municipal Income Fund Declares Dividend

Rhea-AI Summary

Federated Hermes Premier Municipal Income Fund has announced a dividend payment of $0.050 per share, with a record date of July 23, 2020 and an ex-dividend date on July 22, 2020. The dividend is exempt from federal income tax and AMT. This fund aims to provide investors with current dividend income while managing a portfolio of $605.8 billion in assets as of March 31, 2020. The payable date is set for August 3, 2020.

Positive

• Dividend of $0.050 per share announced, providing tax-exempt income for investors.

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• None.

PITTSBURGH, Pa., July 10, 2020 /PRNewswire/ -- Federated Hermes Premier Municipal Income Fund (NYSE: FMN) has declared a dividend. The fund seeks to provide investors with current dividend income that is exempt from regular federal income tax. In addition, this fund features income exempt from the federal alternative minimum tax (AMT).

Record Date:	July 23, 2020
Ex-Dividend Date:	July 22, 2020
Payable Date:	Aug. 3, 2020
Tax-Free Dividend Per Share
Amount	Change From Previous Month
$0.050	$ --

Investors can view additional portfolio information in the Products section of FederatedInvestors.com.

Federated Hermes, Inc. (NYSE: FHI) is a leading global investment manager with $605.8 billion in assets under management as of March 31, 2020. Guided by our conviction that responsible investing is the best way to create wealth over the long term, our investment solutions span 163 equity, fixed-income, alternative/private markets, multi-asset and liquidity management strategies and a range of separately managed account strategies. Providing world-class active investment management and engagement services to more than 11,000 institutions and intermediaries, our clients include corporations, government entities, insurance companies, foundations and endowments, banks and broker/dealers. Headquartered in Pittsburgh, Federated Hermes' more than 1,900 employees include those in London, New York, Boston and several other offices worldwide. For more information, visit FederatedHermes.com.

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SOURCE Federated Hermes, Inc.

FAQ

What is the dividend amount declared by FHI?

The dividend amount declared by Federated Hermes Premier Municipal Income Fund (FHI) is $0.050 per share.

When is the record date for FHI's dividend?

The record date for FHI's dividend is July 23, 2020.

What is the ex-dividend date for FHI?

The ex-dividend date for FHI is July 22, 2020.

When will FHI's dividend be payable?

FHI's dividend will be payable on August 3, 2020.

Is the dividend from FHI taxable?

Yes, the dividend from FHI is exempt from regular federal income tax and the federal alternative minimum tax (AMT).