Federated Hermes Premier Municipal Income Fund declares dividend

Federated Hermes Premier Municipal Income Fund (FMN) has declared a tax-free dividend of $0.054 per share.

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Rhea-AI Summary

Federated Hermes Premier Municipal Income Fund (FMN) has declared a tax-free dividend of $0.054 per share. The record date is set for November 23, 2021, with the ex-dividend date on November 22, 2021 and payment to be made on December 1, 2021. This dividend provides investors with income exempt from regular federal income tax and the federal alternative minimum tax (AMT). Federated Hermes, Inc. manages approximately $634.1 billion in assets as of September 30, 2021.

Positive

Dividend of $0.054 per share announced, providing tax-free income.
Assets under management at $634.1 billion, indicating strong financial health.

Negative

None.

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11/10/2021 - 09:03 AM

PITTSBURGH, Nov. 10, 2021 /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:	Nov. 23, 2021
Ex-Dividend Date:	Nov. 22, 2021
Payable Date:	Dec. 1, 2021
Amount	Change From Previous Month
$0.054	$ --

Investors can view additional portfolio information in the Products section of FederatedInvestors.com.

Federated Hermes, Inc. (NYSE: FHI) is a leading global investment manager with $634.1 billion in assets under management as of Sept. 30, 2021. Guided by our conviction that responsible investing is the best way to create wealth over the long term, our investment solutions span equity, fixed-income, alternative/private markets, multi-asset and liquidity management strategies. Providing world-class active investment management and engagement services to more than 11,000 institutions and intermediaries, our clients include corporations, government entities, insurance companies, foundations and endowments, banks and broker/dealers. Headquartered in Pittsburgh, Federated Hermes' nearly 2,000 employees include those in London, New York, Boston and offices worldwide. For more information, visit FederatedHermes.com.

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View original content:https://www.prnewswire.com/news-releases/federated-hermes-premier-municipal-income-fund-declares-dividend-301421152.html

SOURCE Federated Hermes, Inc.

FAQ

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

The dividend amount declared is $0.054 per share.

When is the record date for the FMN dividend?

The record date for the FMN dividend is November 23, 2021.

What is the ex-dividend date for FMN?

The ex-dividend date for FMN is November 22, 2021.

When will the FMN dividend be payable?

The FMN dividend will be payable on December 1, 2021.

Is the dividend income from FMN exempt from taxes?

Yes, the dividend income is exempt from regular federal income tax and the federal alternative minimum tax.

Federated Hermes Premier Municipal Income Fund declares dividend