Federated Hermes Premier Municipal Income Fund declares dividend

Rhea-AI Summary

Federated Hermes Premier Municipal Income Fund (FMN) has declared a dividend of $0.041 per share, exempt from federal income tax and the federal alternative minimum tax (AMT). The record date for this dividend is August 23, 2022, with an ex-dividend date of August 22, 2022, and the payable date set for September 1, 2022. Federated Hermes, Inc. (FHI), managing assets worth $631.9 billion as of June 30, 2022, offers a variety of investment solutions across multiple strategies for over 11,000 clients globally.

Positive

• Dividend declared at $0.041 per share, providing tax-free income for investors.
• Exempt from federal alternative minimum tax (AMT).
• Strong asset management foundation with $631.9 billion in assets.

Negative

• None.

PITTSBURGH, Aug. 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:	Aug. 23, 2022
Ex-Dividend Date:	Aug. 22, 2022
Payable Date:	Sept. 1, 2022
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 $631.9 billion in assets under management, as of June 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.

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View original content:https://www.prnewswire.com/news-releases/federated-hermes-premier-municipal-income-fund-declares-dividend-301603482.html

SOURCE Federated Hermes, Inc.

FAQ

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

The declared dividend amount is $0.041 per share.

What are the important dates for Federated Hermes Premier Municipal Income Fund (FMN) dividend?

Record date: August 23, 2022; Ex-dividend date: August 22, 2022; Payable date: September 1, 2022.

Is the dividend from Federated Hermes Premier Municipal Income Fund (FMN) taxable?

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

What is the asset management size of Federated Hermes, Inc. (FHI)?

As of June 30, 2022, Federated Hermes, Inc. manages $631.9 billion in assets.