Federated Hermes Premier Municipal Income Fund declares dividend
Federated Hermes Premier Municipal Income Fund (NYSE: FMN) declared a tax-free dividend of $0.0450 per share, unchanged from the previous month.
Sentiment and the balance of points
Rhea-AI Sentiment reads the wording of the document, how positive or negative its language is on a 1 to 5 scale. The balance of points shown with the takes weighs what the document actually discloses, so the two can disagree, for example when a trial that missed its main goal is described in upbeat language.
Rhea-AI Summary
Federated Hermes Premier Municipal Income Fund (NYSE: FMN) declared a tax-free dividend of $0.0450 per share, unchanged from the previous month. The dividend has a record and ex-dividend date of July 23, 2026, and is payable on August 3, 2026.
The fund seeks to provide income exempt from regular federal income tax and the federal alternative minimum tax (AMT). Federated Hermes (NYSE: FHI) reported $907.1 billion in assets under management as of March 31, 2026.
Positive
- Tax-free dividend declared at $0.0450 per share for FMN
- Dividend unchanged from previous month (change $0.0000)
- Income targeted as exempt from regular federal income tax and AMT
Negative
- None.
Details
News Market Reaction – FHI
On Jul 10, the day this news came out, FHI closed 1.14% above the previous close.
Data tracked by StockTitan Argus for the Jul 10 session.
AI-generated analysis. How Rhea-AI works. Not financial advice.
Tax-Free Dividend Per Share
Record Date: July 23, 2026
Ex-Dividend Date: July 23, 2026
Payable Date: Aug. 3, 2026
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, responsible investment management, with
View original content:https://www.prnewswire.com/news-releases/federated-hermes-premier-municipal-income-fund-declares-dividend-302822794.html
SOURCE Federated Hermes, Inc.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.