Welcome to our dedicated page for Federated Hermes news (Ticker: FHI), a resource for investors and traders seeking the latest updates and insights on Federated Hermes stock.
Federated Hermes, Inc. reports developments in active investment management across liquidity management, equity, fixed-income, alternative/private markets and multi-asset strategies for institutional and intermediary clients. Recurring updates cover earnings, managed-asset levels and flows, money market and equity asset trends, quarterly common-stock dividends, investor conference participation and shareholder-meeting matters.
Company news also includes product and platform actions, including dividends for Federated Hermes Premier Municipal Income Fund, leverage changes at that fund, leadership succession within investment-management units and completed acquisitions such as Federated Hermes FCP Manager, LLC, which expanded the firm's U.S. real estate and private-markets capabilities.
Federated Hermes, Inc. (NYSE: FHI) will report its financial results for the quarter ended March 31, 2023, after market close on April 27, 2023. A conference call is scheduled at 9 a.m. Eastern on April 28, 2023, hosted by CEO J. Christopher Donahue and CFO Thomas R. Donahue. Shareholders can attend the Annual Shareholder Meeting by teleconference the same day at 4 p.m. Eastern. Federated Hermes reported $668.9 billion in assets under management as of December 31, 2022, offering a range of investment solutions to over 11,000 institutions globally.
Summary not available.
Summary not available.
The Federated Hermes Premier Municipal Income Fund (NYSE: FMN) announced a dividend of $0.0385 per share, payable on April 3, 2023. The record date is March 23, 2023, and the ex-dividend date is March 22, 2023. This tax-free dividend income is exempt from regular federal income tax and the alternative minimum tax (AMT). The recent increase is attributed to Federal Reserve rate hikes affecting leverage costs more than portfolio income. As of December 31, 2022, Federated Hermes managed $668.9 billion in assets, providing diverse investment solutions globally.
Federated Hermes, Inc. (NYSE: FHI), a leader in active, responsible investing, announced that its President and CEO, J. Christopher Donahue, will participate in a moderated discussion at the 2023 RBC Capital Markets Global Financials Conference on March 7, 2023, at approximately 2 p.m. Eastern Time. Interested investors can access the live webcast on FederatedInvestors.com, with a replay available for seven days. As of December 31, 2022, the firm manages $668.9 billion in assets, serving over 11,000 institutions globally.
Federated Hermes, Inc. (NYSE: FHI) filed its annual report on Form 10-K with the U.S. Securities and Exchange Commission for the fiscal year ending December 31, 2022. As of year-end 2022, the firm managed $668.9 billion in assets. The company offers a diverse range of investment solutions, including equity, fixed-income, and alternative strategies, serving over 11,000 institutions and intermediaries globally. Headquartered in Pittsburgh, Federated Hermes employs nearly 2,000 staff across multiple locations, including London and New York. Annual report documents are available on their website and through EDGAR.
Summary not available.
Federated Hermes Premier Municipal Income Fund (NYSE: FMN) has declared a dividend of $0.041 per share. This dividend is exempt from regular federal income tax and the federal alternative minimum tax (AMT). Key dates include the record date on February 23, 2023, the ex-dividend date on February 22, 2023, and the payable date on March 1, 2023. Federated Hermes, Inc. (NYSE: FHI) manages $668.9 billion in assets as of December 31, 2022, offering diverse investment solutions globally.
Federated Hermes, Inc. (NYSE: FHI) reported Q4 2022 earnings per diluted share of $0.63, down from $0.71 in Q4 2021. Full-year EPS for 2022 was $2.65, compared to $2.75 in 2021. The results included a $31.5 million non-cash impairment charge, affecting Q4 EPS by ($0.27). Total assets under management reached a record $668.9 billion, a 7% increase from Q3 2022. A quarterly dividend of $0.27 per share was declared, payable on Feb. 15, 2023. Operating expenses rose by 33% to $77.1 million, while revenue increased by 16% to $52.3 million, despite decreases in equity and fixed-income assets.
Summary not available.