Federated Hermes Premier Municipal Income Fund declares dividend

Rhea-AI Summary

Federated Hermes Premier Municipal Income Fund (FMN) has declared a tax-free dividend of $0.041 per share, unchanged from the previous month. The record date is September 23, 2022, with the ex-dividend date set for September 22, 2022, and payment scheduled for October 3, 2022. This dividend income is exempt from federal income tax and the federal alternative minimum tax (AMT), providing an attractive option for investors seeking tax-efficient income.

Positive

• Tax-free dividend of $0.041 per share enhances income for shareholders.
• Dividend is exempt from federal income tax and AMT.

Negative

• None.

PITTSBURGH, Sept. 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:	Sept. 23, 2022
Ex-Dividend Date:	Sept. 22, 2022
Payable Date:	Oct. 3, 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-301622038.html

SOURCE Federated Hermes, Inc.

FAQ

What is the dividend amount declared by FMN?

The FMN fund declared a dividend of $0.041 per share.

When is the record date for FMN's dividend?

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

What is the ex-dividend date for FMN?

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

When will FMN pay the declared dividend?

FMN will pay the declared dividend on October 3, 2022.

Is FMN's dividend taxable?

FMN's dividend is tax-free and exempt from federal income tax and AMT.