Federated Hermes Premier Municipal Income Fund declares dividend
Federated Hermes Premier Municipal Income Fund (NYSE: FMN) has announced its monthly dividend declaration.
Sentiment and the balance of points
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Rhea-AI Summary
Federated Hermes Premier Municipal Income Fund (NYSE: FMN) has announced its monthly dividend declaration. The fund will distribute a tax-free dividend of $0.0450 per share, maintaining the same amount as the previous month. The dividend is payable on August 1, 2025, with a record and ex-dividend date of July 23, 2025.
The fund aims to provide investors with current dividend income that is exempt from both regular federal income tax and federal alternative minimum tax (AMT). Federated Hermes, Inc. (NYSE: FHI), the fund's manager, currently oversees $839.8 billion in assets as of March 31, 2025.
Positive
- Tax-free dividend maintained at $0.0450 per share
- Income exempt from both federal income tax and AMT
- Backed by Federated Hermes with $839.8B in assets under management
Negative
- None.
Details
News Market Reaction – FHI
The recorded move for FHI in the trading session of this news was +0.92%.
Data tracked by StockTitan Argus. Session date unavailable.
AI-generated analysis. How Rhea-AI works. Not financial advice.
Tax-Free Dividend Per Share | |
Record Date: | July 23, 2025 |
Ex-Dividend Date: | July 23, 2025 |
Payable Date: | Aug. 1, 2025 |
Amount | Change From Previous Month |
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 investment management, with
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View original content:https://www.prnewswire.com/news-releases/federated-hermes-premier-municipal-income-fund-declares-dividend-302502442.html
SOURCE Federated Hermes, Inc.
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