Federated Hermes Premier Municipal Income Fund declares dividend

Rhea-AI Summary

Federated Hermes Premier Municipal Income Fund (NYSE: FMN) has declared a tax-free dividend of $0.0350 per share, with a record date of Nov. 22, 2023, an ex-dividend date of Nov. 21, 2023, and a payable date of Dec. 1, 2023. This announcement highlights the fund's focus on providing investors with tax-exempt income, including from the federal alternative minimum tax (AMT). Federated Hermes, Inc. (NYSE: FHI) is a global leader in active, responsible investment management, with $715.0 billion in assets under management as of Sept. 30, 2023.

Positive

• Federated Hermes Premier Municipal Income Fund is providing investors with a tax-free dividend, catering to the demand for tax-exempt income.
• Federated Hermes, Inc. is a global leader in investment management with a substantial $715.0 billion in assets under management as of Sept. 30, 2023.

Negative

• None.

PITTSBURGH, Nov. 10, 2023 /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:	Nov. 22, 2023
Ex-Dividend Date:	Nov. 21, 2023
Payable Date:	Dec. 1, 2023
Amount	Change From Previous Month
$0.0350	$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 $715.0 billion in assets under management, as of Sept. 30, 2023. 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.

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View original content:https://www.prnewswire.com/news-releases/federated-hermes-premier-municipal-income-fund-declares-dividend-301984791.html

SOURCE Federated Hermes, Inc.

FAQ

What is the dividend amount declared by Federated Hermes Premier Municipal Income Fund (NYSE: FMN)?

The dividend amount declared is $0.0350 per share.

What are the record date, ex-dividend date, and payable date for the declared dividend by Federated Hermes Premier Municipal Income Fund (NYSE: FMN)?

The record date is Nov. 22, 2023, the ex-dividend date is Nov. 21, 2023, and the payable date is Dec. 1, 2023.

What is the total assets under management for Federated Hermes, Inc. (NYSE: FHI) as of Sept. 30, 2023?

The total assets under management for Federated Hermes, Inc. as of Sept. 30, 2023, are $715.0 billion.