Federated Hermes Premier Municipal Income Fund declares dividend

Rhea-AI Summary

Federated Hermes Premier Municipal Income Fund (FMN) has declared a dividend of $0.054 per share, payable on March 1, 2022. The record date for this dividend is February 23, 2022, with an ex-dividend date of February 22, 2022. This fund focuses on delivering current dividend income that is exempt from federal income tax and also income that is exempt from the federal alternative minimum tax. Federated Hermes manages $668.9 billion in assets and aims to provide varied investment solutions to institutional clients.

Positive

• Dividend declared amounting to $0.054 per share, enhancing shareholder income.
• Income from the fund is exempt from regular federal income tax and alternative minimum tax, making it attractive for investors.

Negative

• None.

PITTSBURGH, Feb. 10, 2022 /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:	Feb. 23, 2022
Ex-Dividend Date:	Feb. 22, 2022
Payable Date:	March 1, 2022

 

Amount	Change From Previous Month
$0.054	$ --

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

Federated Hermes, Inc. (NYSE: FHI) is a global leader in active, responsible investment management, with $668.9 billion in assets under management. 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 11,000 institutions and intermediaries worldwide. Our clients include corporations, government entities, insurance companies, foundations and endowments, banks and broker/dealers. At Federated Hermes, responsibility is central to our client relationships, our long-term perspective and our fiduciary mindset. It's part of our heritage and the foundation of our future. Headquartered in Pittsburgh, Federated Hermes has nearly 2,000 employees in London, New York, Boston and offices worldwide. For more information, visit FederatedHermes.com.

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View original content:https://www.prnewswire.com/news-releases/federated-hermes-premier-municipal-income-fund-declares-dividend-301479877.html

SOURCE Federated Hermes, Inc.

FAQ

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

The dividend amount declared for FMN is $0.054 per share.

When is the record date for the FMN dividend?

The record date for the FMN dividend is February 23, 2022.

What is the ex-dividend date for FMN?

The ex-dividend date for FMN is February 22, 2022.

When will the FMN dividend be payable?

The FMN dividend will be payable on March 1, 2022.

Is the FMN dividend subject to federal income tax?

The FMN dividend is exempt from regular federal income tax and alternative minimum tax (AMT).