Federated Hermes Premier Municipal Income Fund declares dividend

Rhea-AI Summary

Federated Hermes Premier Municipal Income Fund (NYSE: FMN) has declared a $0.041 tax-free dividend per share, payable on January 3, 2023. The record date for this dividend is December 23, 2022, with the ex-dividend date set for December 22, 2022. This dividend offers investors current income exempt from regular federal income tax and the federal alternative minimum tax (AMT). Federated Hermes manages $624.4 billion in assets, providing active investment strategies to a diverse client base worldwide.

Positive

• Declared a tax-free dividend of $0.041 per share.
• Dividend is exempt from federal income tax and AMT, enhancing investor income.
• Strong asset management with $624.4 billion in assets under management.

Negative

• None.

PITTSBURGH, Dec. 12, 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:	Dec. 23, 2022
Ex-Dividend Date:	Dec. 22, 2022
Payable Date:	Jan. 3, 2023

Amount	Change From Previous Month
$0.041	$ --

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 $624.4 billion in assets under management, as of Sept. 30, 2022. 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. Headquartered in Pittsburgh, Federated Hermes has nearly 2,000 employees in London, New York and offices worldwide. For more information, visit FederatedHermes.com.

 

View original content:https://www.prnewswire.com/news-releases/federated-hermes-premier-municipal-income-fund-declares-dividend-301700343.html

SOURCE Federated Hermes, Inc.

FAQ

What is the dividend amount declared by FMN?

FMN has declared a dividend of $0.041 per share.

When is the ex-dividend date for FMN?

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

When will FMN's dividend be payable?

The dividend will be payable on January 3, 2023.

What tax benefits does FMN's dividend offer?

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

What is the record date for FMN's dividend?

The record date for FMN's dividend is December 23, 2022.