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, exempt from federal income tax and alternative minimum tax. The record date for this dividend is May 21, 2021, with an ex-dividend date of May 20, 2021 and a payable date of June 1, 2021. Founded on the principle of responsible investing, Federated Hermes manages $625.0 billion in assets as of March 31, 2021, providing diverse investment solutions to over 11,000 clients globally.

Positive

• Dividend of $0.054 per share enhances income for shareholders.
• Investment fund provides tax-exempt income, attracting investors.

Negative

• None.

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PITTSBURGH, May 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:	May 21, 2021
Ex-Dividend Date:	May 20, 2021
Payable Date:	June 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 $625.0 billion in assets under management as of March 31, 2021. 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' 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:http://www.prnewswire.com/news-releases/federated-hermes-premier-municipal-income-fund-declares-dividend-301287533.html

SOURCE Federated Hermes, Inc.

FAQ

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

The declared dividend amount is $0.054 per share.

When is the ex-dividend date for FMN's dividend?

The ex-dividend date is May 20, 2021.

What is the payable date for the FMN dividend?

The payable date is June 1, 2021.

Is the dividend from FMN subject to federal income tax?

No, the dividend is exempt from regular federal income tax and alternative minimum tax.

How much does Federated Hermes manage in assets?

Federated Hermes manages $625.0 billion in assets as of March 31, 2021.