Federated Hermes Premier Municipal Income Fund declares dividend

Rhea-AI Summary

Federated Hermes Premier Municipal Income Fund (NYSE: FMN) Declares Tax-Free Dividend - Record Date: Aug. 23, 2023; Ex-Dividend Date: Aug. 22, 2023; Payable Date: Sept. 1, 2023. The fund aims to provide investors with current dividend income exempt from regular federal income tax and the federal alternative minimum tax (AMT).

Positive

• The fund offers tax-free dividend income, making it an attractive option for investors seeking tax advantages.
• Federated Hermes, Inc. is a global leader in active, responsible investment management, with $704.0 billion in assets under management as of June 30, 2023.
• The fund's dividend declaration reflects the company's commitment to providing income opportunities for investors.

Negative

• None.

PITTSBURGH, Aug. 10, 2023 /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:	Aug. 23, 2023
Ex-Dividend Date:	Aug. 22, 2023
Payable Date:	Sept. 1, 2023

Amount	Change From Previous Month
$0.0350	$0.0000

Investors can view additional portfolio information in the Products section of FederatedHermes.com/us.

Federated Hermes, Inc. (NYSE: FHI) is a global leader in active, responsible investment management, with $704.0 billion in assets under management, as of June 30, 2023. 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 more than 2,000 employees in London, New York, Boston and offices worldwide. For more information, visit FederatedHermes.com/us.

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View original content:https://www.prnewswire.com/news-releases/federated-hermes-premier-municipal-income-fund-declares-dividend-301897913.html

SOURCE Federated Hermes, Inc.

FAQ

What is the record date for the dividend declaration by Federated Hermes Premier Municipal Income Fund (NYSE: FMN)?

The record date for the dividend declaration is Aug. 23, 2023.

What is the payable date for the dividend declared by Federated Hermes Premier Municipal Income Fund (NYSE: FMN)?

The payable date for the dividend is Sept. 1, 2023.

What is the aim of the Federated Hermes Premier Municipal Income Fund (NYSE: FMN)?

The fund aims to provide investors with current dividend income that is exempt from regular federal income tax and the federal alternative minimum tax (AMT).