Federated Hermes Premier Municipal Income Fund declares dividend

Rhea-AI Summary

Federated Hermes Premier Municipal Income Fund (FMN) has declared a monthly dividend of $0.054 per share, payable on October 1, 2021, with a record date of September 23, 2021 and an ex-dividend date of September 22, 2021. This dividend is exempt from regular federal income tax as well as the federal alternative minimum tax (AMT), making it an attractive option for tax-sensitive investors. The fund is managed by Federated Hermes, which oversees $645.8 billion in assets as of June 30, 2021.

Positive

• Monthly dividend declared at $0.054 per share, providing income to shareholders.
• Dividends exempt from federal income tax and alternative minimum tax, enhancing attractiveness.
• Managed by Federated Hermes, which has $645.8 billion in assets under management.

Negative

• None.

PITTSBURGH, Sept. 10, 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:	Sept. 23, 2021
Ex-Dividend Date:	Sept. 22, 2021
Payable Date:	Oct. 1, 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 $645.8 billion in assets under management as of June 30, 2021. Guided by our conviction that responsible investing is the best way to create wealth over the long term, our investment solutions span 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' nearly 2,000 employees include those in London, New York, Boston 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-301373335.html

SOURCE Federated Hermes, Inc.

FAQ

What is the FMN dividend amount for September 2021?

The FMN dividend amount for September 2021 is $0.054 per share.

When is the FMN dividend payable?

The FMN dividend is payable on October 1, 2021.

What are the record and ex-dividend dates for FMN?

The record date is September 23, 2021, and the ex-dividend date is September 22, 2021.

Is the FMN dividend subject to federal taxes?

No, the FMN dividend is exempt from regular federal income tax and the federal alternative minimum tax (AMT).

How much assets does Federated Hermes manage?

As of June 30, 2021, Federated Hermes manages $645.8 billion in assets.