Federated Hermes Premier Municipal Income Fund declares dividend
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, 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.
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
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.
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 |
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-302552578.html
SOURCE Federated Hermes, Inc.