Federated Hermes Premier Municipal Income Fund declares dividend

Rhea-AI Summary

Federated Hermes Premier Municipal Income Fund (NYSE: FMN) has declared a dividend of $0.0380 per share, unchanged from the previous month. The fund aims to provide investors with current dividend income exempt from regular federal income tax and the federal alternative minimum tax (AMT). Key dates for the dividend are:

- Record Date: Oct. 23, 2024
- Ex-Dividend Date: Oct. 23, 2024
- Payable Date: Nov. 1, 2024

Federated Hermes, Inc. (NYSE: FHI), the parent company, is a global leader in active, responsible investment management with $782.7 billion in assets under management as of June 30, 2024. The company offers various investment solutions to over 10,000 institutions and intermediaries worldwide, employing more than 2,000 people globally.

Positive

• Consistent dividend payment of $0.0380 per share
• Dividend income exempt from regular federal income tax and AMT
• Federated Hermes manages $782.7 billion in assets
• Diverse client base of over 10,000 institutions and intermediaries

Negative

• None.

PITTSBURGH, Oct. 10, 2024 /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).

Tax-Free Dividend Per Share
Record Date:	Oct. 23, 2024
Ex-Dividend Date:	Oct. 23, 2024
Payable Date:	Nov. 1, 2024

Amount	Change From Previous Month
$0.0380	$0.0000

 

Investors can view additional portfolio information in the Products section of FederatedHermes.com/us.

Federated Hermes, Inc. (NYSE: FHI) is a global leader in active, responsible investment management, with $782.7 billion in assets under management, as of June 30, 2024. We deliver investment solutions that help investors target a broad range of outcomes and provide equity, fixed-income, alternative/private markets, multi-asset and liquidity management strategies to more than 10,000 institutions and intermediaries worldwide. Our clients include corporations, government entities, insurance companies, foundations and endowments, banks and broker/dealers. Headquartered in Pittsburgh, Federated Hermes has more than 2,000 employees in London, New York, Boston and offices worldwide. For more information, visit FederatedHermes.com/us.

View original content:https://www.prnewswire.com/news-releases/federated-hermes-premier-municipal-income-fund-declares-dividend-302272961.html

SOURCE Federated Hermes, Inc.

FAQ

What is the dividend amount for Federated Hermes Premier Municipal Income Fund (FMN) in October 2024?

Federated Hermes Premier Municipal Income Fund (FMN) declared a dividend of $0.0380 per share for October 2024.

When is the payable date for FMN's October 2024 dividend?

The payable date for FMN's October 2024 dividend is November 1, 2024.

Is the dividend from Federated Hermes Premier Municipal Income Fund (FMN) tax-exempt?

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

What was Federated Hermes' (FHI) assets under management as of June 30, 2024?

Federated Hermes (FHI) reported $782.7 billion in assets under management as of June 30, 2024.