Federated Hermes Premier Municipal Income Fund declares dividend

Federated Hermes Premier Municipal Income Fund (NYSE: FMN) has declared a tax-free dividend of $0.0380 per share, maintaining the same amount as the previous month.

Rhea-AI Summary

Federated Hermes Premier Municipal Income Fund (NYSE: FMN) has declared a tax-free dividend of $0.0380 per share, maintaining the same amount as the previous month. The dividend is payable on Sept. 3, 2024, with a record date and ex-dividend date of Aug. 23, 2024. FMN aims to provide investors with current dividend income exempt from regular federal income tax and the federal alternative minimum tax (AMT).

Federated Hermes, Inc. (NYSE: FHI), the fund's parent company, is a global leader in active, responsible investment management with $782.7 billion in assets under management as of June 30, 2024. The company offers various investment strategies to over 10,000 institutions and intermediaries worldwide.

Positive

• Consistent dividend payment of $0.0380 per share
• Tax-free dividend exempt from regular federal income tax and AMT
• Federated Hermes manages $782.7 billion in assets
• Diverse client base including corporations, government entities, and financial institutions

Negative

• None.

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PITTSBURGH, Aug. 12, 2024 /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, 2024
Ex-Dividend Date:	Aug. 23, 2024
Payable Date:	Sept. 3, 2024

Amount	Change From Previous Month
$0.0380	$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 $782.7 billion in assets under management, as of June 30, 2024. 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 10,000 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-302219403.html

SOURCE Federated Hermes, Inc.

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

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

The dividend amount for Federated Hermes Premier Municipal Income Fund (FMN) is $0.0380 per share.

When is the payable date for FMN's dividend?

The payable date for FMN's dividend is September 3, 2024.

Is the dividend from FMN tax-free?

Yes, the dividend from FMN is tax-free, exempt from regular federal income tax and the federal alternative minimum tax (AMT).

What is the record date and ex-dividend date for FMN's dividend?

The record date and ex-dividend date for FMN's dividend is August 23, 2024.

How much assets under management does Federated Hermes (FHI) have as of June 30, 2024?

Federated Hermes (FHI) has $782.7 billion in assets under management as of June 30, 2024.