STOCK TITAN

Federated Hermes Premier Municipal Income Fund declares dividend

Rhea-AI Impact
(Low)
Rhea-AI Sentiment
(Neutral)
Tags
dividends

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, unchanged from the previous month. The dividend will be paid on October 1, 2025, to shareholders of record as of September 23, 2025.

The fund focuses on providing investors with 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 parent company, manages $845.7 billion in assets as of June 30, 2025, serving over 10,000 institutions and intermediaries worldwide.

Loading...
Loading translation...

Positive

  • Tax-free dividend maintained at $0.0450 per share
  • Income exempt from both federal income tax and AMT
  • Parent company manages substantial $845.7B in assets

Negative

  • None.

News Market Reaction 1 Alert

+0.49% News Effect

On the day this news was published, FHI gained 0.49%, reflecting a mild positive market reaction.

Data tracked by StockTitan Argus on the day of publication.

PITTSBURGH, Sept. 10, 2025 /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, 2025     

 Ex-Dividend Date:

Sept. 23, 2025

 Payable Date:   

Oct. 1, 2025



 Amount               

Change From Previous Month 

$0.0450

$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 investment management, with $845.7 billion in assets under management, as of June 30, 2025. 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 .

 ###

Cision View original content:https://www.prnewswire.com/news-releases/federated-hermes-premier-municipal-income-fund-declares-dividend-302552578.html

SOURCE Federated Hermes, Inc.

FAQ

What is the dividend amount for Federated Hermes Premier Municipal Income Fund (FMN) in October 2025?

The fund declared a tax-free dividend of $0.0450 per share, payable on October 1, 2025.

When is the ex-dividend date for FMN's October 2025 dividend?

The ex-dividend date is September 23, 2025.

Is Federated Hermes Premier Municipal Income Fund's dividend subject to federal tax?

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

How much assets does Federated Hermes (FHI) manage as of June 2025?

Federated Hermes manages $845.7 billion in assets as of June 30, 2025.

Has FMN's dividend amount changed from the previous month?

No, the dividend amount of $0.0450 per share remains unchanged from the previous month.
Federated Hermes Inc

NYSE:FHI

FHI Rankings

FHI Latest News

FHI Latest SEC Filings

FHI Stock Data

4.15B
74.09M
4.14%
86.95%
3.04%
Asset Management
Investment Advice
Link
United States
PITTSBURGH