Federated Hermes Premier Municipal Income Fund declares dividend

Rhea-AI Summary

Federated Hermes Premier Municipal Income Fund (FMN) declared a dividend of $0.041 per share, payable on December 1, 2022. The record date is November 23, 2022, with an ex-dividend date set for November 22, 2022. This dividend is exempt from regular federal income tax and the federal alternative minimum tax (AMT), providing tax-efficient income for investors. Federated Hermes, Inc. (FHI) manages $624.4 billion in assets as of September 30, 2022, delivering diverse investment solutions globally.

Positive

• Dividend of $0.041 per share enhances investor income.
• Dividend is tax-exempt from federal income tax and AMT.
• Strong asset management with $624.4 billion under management.

Negative

• None.

PITTSBURGH, Nov. 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:	Nov. 23, 2022
Ex-Dividend Date:	Nov. 22, 2022
Payable Date:	Dec. 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 $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-301674533.html

SOURCE Federated Hermes, Inc.

FAQ

When is the dividend payment date for Federated Hermes Premier Municipal Income Fund (FMN)?

The dividend payment date for FMN is December 1, 2022.

What is the record date for the FMN dividend?

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

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

The declared dividend amount for FMN is $0.041 per share.

Is the FMN dividend taxable?

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