Federated Hermes Premier Municipal Income Fund Declares Dividend

Rhea-AI Summary

Federated Hermes Premier Municipal Income Fund (NYSE: FMN) has declared a monthly tax-exempt dividend of $0.054 per share, marking a $0.004 increase from the previous month. The record date for this dividend is September 23, 2020, with an ex-dividend date of September 22, 2020 and a payable date on October 1, 2020. This fund aims to provide investors with current income exempt from federal income tax and the federal alternative minimum tax (AMT).

Positive

• Monthly tax-exempt dividend declared at $0.054 per share.
• Dividend increased by $0.004 from the previous month.
• Income exempt from federal income tax and AMT.

Negative

• None.

PITTSBURGH, Sept. 10, 2020 /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).

Record Date:	Sept. 23, 2020
Ex-Dividend Date:	Sept. 22, 2020
Payable Date:	Oct. 1, 2020
Tax-Free Dividend Per Share
Amount	Change From Previous Month
$0.054	$ 0.004

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

Federated Hermes, Inc. (NYSE: FHI) is a leading global investment manager with $628.8 billion in assets under management as of June 30, 2020. Guided by our conviction that responsible investing is the best way to create wealth over the long term, our investment solutions span 162 equity, fixed-income, alternative/private markets, multi-asset and liquidity management strategies and a range of separately managed account 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 several other offices worldwide. For more information, visit FederatedHermes.com.

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SOURCE Federated Hermes, Inc.

FAQ

What is the FMN dividend amount for September 2020?

The FMN dividend amount for September 2020 is $0.054 per share.

When is the ex-dividend date for FMN?

The ex-dividend date for FMN is September 22, 2020.

When will the FMN dividend be paid?

The FMN dividend will be payable on October 1, 2020.

Is the FMN dividend tax-exempt?

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

How much did the FMN dividend increase from the previous month?

The FMN dividend increased by $0.004 from the previous month.