Federated Hermes Premier Municipal Income Fund declares dividend

Rhea-AI Summary

Federated Hermes Premier Municipal Income Fund (NYSE: FMN) declared a tax-free dividend with a per-share amount of $0.0450. The dividend is described as exempt from regular federal income tax and also exempt from the federal alternative minimum tax (AMT).

Key dates: Record/Ex-dividend date: Dec. 23, 2025; Payable date: Jan. 2, 2026. The announcement notes no change from the prior month in the per-share amount. Additional portfolio details are available on the firm's website. Federated Hermes reported $871.2 billion AUM as of Sept. 30, 2025.

Positive

• Dividend is federally tax-exempt
• Income is also exempt from AMT
• Declared per-share dividend of $0.0450
• Clear timeline: Record/Ex-div Dec. 23, 2025; Payable Jan. 2, 2026

Negative

• Per-share dividend unchanged month-over-month ($0.0000 change)

Key Figures

FMN dividend per share $0.0450 Tax-free monthly dividend; unchanged from previous month

Dividend record date Dec. 23, 2025 Shareholders of record for $0.0450 FMN dividend

Dividend payable date Jan. 2, 2026 Payment date for declared FMN dividend

Dividend change $0.0000 No change from prior month’s FMN dividend

Assets under management $871.2 billion Federated Hermes AUM as of Sept. 30, 2025

Employees More than 2,000 Federated Hermes global headcount

Client institutions More than 10,000 Institutions and intermediaries served worldwide

Market Reality Check

$11.11 Last Close

Volume Volume 1,054,072 is 1.82x the 20-day average of 580,037, showing elevated interest pre-announcement. high

Technical Price $52.51 is trading above the 200-day MA at $46.24, reflecting a longer-term uptrend.

Peers on Argus

FHI gained 1.52% while peers were mixed: AB -1.05%, GBDC -0.97%, VCTR +1.98%, ATCO flat, APAM slightly positive, indicating a stock‑specific move rather than a broad sector shift.

Common Catalyst Some peers (AB, VCTR) also reported asset updates, suggesting routine asset management news flow rather than a unified catalyst.

Historical Context

Date	Event	Sentiment	Move	Catalyst
Dec 02	Leadership changes	Neutral	+0.9%	Announced 2026 leadership transition for advisory and distribution businesses.
Nov 17	Fund data update	Neutral	-2.4%	Released month-end portfolio composition and performance data for FMN.
Nov 10	Fund dividend	Positive	+0.4%	Declared tax‑free $0.0450 FMN dividend with upcoming portfolio manager retirement.
Nov 05	Manager retirements	Neutral	-0.7%	Outlined 2026 retirements and succession plans for several portfolio managers.
Oct 30	Q3 earnings	Positive	-0.8%	Reported record AUM of $871.2B and Q3 EPS of $1.34 with higher revenue.

Pattern Detected

Dividend and fund-related updates have generally produced modest, mixed price reactions, while strong earnings previously saw a small negative divergence.

Recent Company History

Over the last five news events since July 2025, Federated Hermes has highlighted record $871.2 billion in assets under management, quarterly EPS of $1.34, and several planned portfolio manager and executive leadership transitions extending into 2026. Repeated monthly dividend declarations for the Premier Municipal Income Fund at $0.0450 per share reinforce a consistent tax‑free income profile. Today’s dividend declaration for the same fund fits this pattern of stable income messaging layered on top of broader growth and succession updates.

Market Pulse Summary

This announcement reiterates a tax‑free monthly dividend of $0.0450 per share for Federated Hermes Premier Municipal Income Fund, with record and ex-dividend dates on Dec. 23, 2025 and payment on Jan. 2, 2026. It continues a multi‑month pattern of unchanged distributions and emphasizes income exempt from regular federal income tax and the federal alternative minimum tax. In context of record $871.2 billion in AUM, investors may watch for any future adjustments to dividend level or tax status.

Key Terms

ex-dividend date financial

"Ex-Dividend Date: | Dec. 23, 2025"

The ex-dividend date is the date when a stock starts trading without the value of its next dividend payment included. If you buy the stock on or after this date, you won't receive that upcoming dividend; only those who owned the stock before this date are entitled to it. It matters to investors because it determines who is eligible to receive the dividend and can influence the stock’s price around that time.

record date financial

"Record Date: | Dec. 23, 2025"

The record date is the specific day when a company determines which shareholders are eligible to receive a dividend or participate in an upcoming vote. It’s like a cutoff date; if you own the stock on that day, you get the benefits or voting rights. This date matters because it decides who qualifies for certain company benefits.

payable date financial

"Payable Date: | Jan. 2, 2026"

The payable date is the calendar day when a company actually transfers a scheduled cash payment—such as a dividend or interest—to eligible holders. Think of it as the company’s “payday” for investors: it matters because this is when you receive the money and when taxable income is realized, so investors track it to time cash flow, portfolio income, and tax reporting.

alternative minimum tax (AMT) financial

"income exempt from the federal alternative minimum tax (AMT)."

A separate tax calculation that ensures individuals and some corporations pay at least a minimum amount of tax by limiting certain deductions and credits; it acts like a safety net that can raise a taxpayer’s bill if regular tax breaks would otherwise reduce it too far. Investors care because AMT can change after‑tax returns, affect cash flow and planning for investors receiving large deductions, stock compensation, or high income, similar to a hidden floor under expected tax savings.

AI-generated analysis. Not financial advice.

PITTSBURGH, Dec. 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:	Dec. 23, 2025
Ex-Dividend Date:	Dec. 23, 2025
Payable Date:	Jan. 2, 2026
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 $871.2 billion in assets under management, as of Sept. 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.

View original content:https://www.prnewswire.com/news-releases/federated-hermes-premier-municipal-income-fund-declares-dividend-302637994.html

SOURCE Federated Hermes, Inc.

FAQ

What dividend did Federated Hermes Premier Municipal Income Fund (FMN) declare on Dec. 10, 2025?

The fund declared a tax-free dividend of $0.0450 per share on Dec. 10, 2025.

When is the ex-dividend and record date for FMN's December 2025 dividend?

The ex-dividend and record date are both Dec. 23, 2025.

When will FMN pay the declared dividend for Dec. 2025?

The declared dividend is scheduled to be payable on Jan. 2, 2026.

Is FMN's dividend subject to the federal alternative minimum tax (AMT)?

No, the announced dividend is stated to be exempt from the federal AMT.

Did FMN change its dividend amount versus the prior month?

No, the per-share amount shows a $0.0000 change from the previous month.

Where can investors find more portfolio information for Federated Hermes Premier Municipal Income Fund (FMN)?

Investors can view additional portfolio details in the Products section at FederatedHermes.com/us.