Federated Hermes Premier Municipal Income Fund declares dividend

Rhea-AI Summary

Federated Hermes Premier Municipal Income Fund (NYSE: FMN) has announced a dividend of $0.054 per share, payable on May 3, 2021. The record date for this dividend is April 23, 2021, with an ex-dividend date of April 22, 2021. The fund offers income that is exempt from both federal income tax and alternative minimum tax (AMT). As of December 31, 2020, Federated Hermes managed $619.4 billion in assets, underscoring its commitment to responsible investing and long-term wealth creation for clients.

Positive

• Dividend of $0.054 per share declared, providing tax-free income for investors.
• Exempt from federal income tax and AMT, enhancing the attractiveness of the fund.

Negative

• None.

PITTSBURGH, April 12, 2021 /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:	April 23, 2021
Ex-Dividend Date:	April 22, 2021
Payable Date:	May 3, 2021
Amount	Change From Previous Month
$0.054	$ --

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

Federated Hermes, Inc. is a leading global investment manager with $619.4 billion in assets under management as of Dec. 31, 2020. Guided by our conviction that responsible investing is the best way to create wealth over the long term, our investment solutions span 163 equity, fixed-income, alternative/private markets, multi-asset and liquidity management strategies. Providing world-class active investment management and engagement services to more than 11,000 institutions and intermediaries, our clients include corporations, government entities, insurance companies, foundations and endowments, banks and broker/dealers. Headquartered in Pittsburgh, Federated Hermes' more than 1,900 employees include those in London, New York, Boston and offices worldwide. For more information, visit FederatedHermes.com.

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SOURCE Federated Hermes, Inc.

FAQ

What is the declared dividend amount for FMN?

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

When is the ex-dividend date for FMN?

The ex-dividend date for FMN is April 22, 2021.

What is the record date for FMN's dividend?

The record date for FMN's dividend is April 23, 2021.

When will the dividend for FMN be payable?

The dividend for FMN will be payable on May 3, 2021.

Is the FMN dividend exempt from taxes?

Yes, the FMN dividend is exempt from federal income tax and AMT.