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Federated Hermes Premier Municipal (FMN) Stock News

FMN NYSE

Welcome to our dedicated page for Federated Hermes Premier Municipal news (Ticker: FMN), a resource for investors and traders seeking the latest updates and insights on Federated Hermes Premier Municipal stock.

Federated Hermes Premier Municipal Income Fund reports recurring fund developments for a NYSE-listed closed-end municipal bond fund focused on current dividend income exempt from regular federal income tax and the federal alternative minimum tax. News commonly centers on monthly tax-free dividend declarations, record and payable dates, distribution levels, and portfolio-related updates for the fund.

The fund’s updates may also address capital-structure matters such as Variable Municipal Term Preferred Shares and related leverage actions, along with portfolio management changes connected to its municipal income strategy.

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Federated Hermes Premier Municipal Income Fund (FMN) declared a dividend of $0.041 per share, payable on December 1, 2022. The record date is November 23, 2022, with an ex-dividend date set for November 22, 2022. This dividend is exempt from regular federal income tax and the federal alternative minimum tax (AMT), providing tax-efficient income for investors. Federated Hermes, Inc. (FHI) manages $624.4 billion in assets as of September 30, 2022, delivering diverse investment solutions globally.

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Federated Hermes Premier Municipal Income Fund has declared a dividend of $0.041 per share, providing tax-exempt income that is free from regular federal income tax and alternative minimum tax (AMT). The record date for this dividend is October 21, 2022, with an ex-dividend date on October 20, 2022, and it will be payable on November 1, 2022. This move aligns with the fund's commitment to offering current dividend income to its investors.

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Federated Hermes Premier Municipal Income Fund (FMN) has declared a tax-free dividend of $0.041 per share, unchanged from the previous month. The record date is September 23, 2022, with the ex-dividend date set for September 22, 2022, and payment scheduled for October 3, 2022. This dividend income is exempt from federal income tax and the federal alternative minimum tax (AMT), providing an attractive option for investors seeking tax-efficient income.

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Rhea-AI Summary

Federated Hermes Premier Municipal Income Fund (FMN) has declared a dividend of $0.041 per share, exempt from federal income tax and the federal alternative minimum tax (AMT). The record date for this dividend is August 23, 2022, with an ex-dividend date of August 22, 2022, and the payable date set for September 1, 2022. Federated Hermes, Inc. (FHI), managing assets worth $631.9 billion as of June 30, 2022, offers a variety of investment solutions across multiple strategies for over 11,000 clients globally.

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Federated Hermes Premier Municipal Income Fund (FMN) has declared a dividend of $0.041 per share for its common shares, payable on August 1, 2022. The record date is July 22, 2022, and the ex-dividend date is July 21, 2022. This tax-free dividend income is exempt from regular federal income tax and the federal alternative minimum tax (AMT). The fund is also entering a three-year special terms period for its Variable Rate Municipal Term Preferred Shares, Series 2019, ensuring a fixed spread over the prevailing short-term tax-exempt rate.

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FAQ

What is the current stock price of Federated Hermes Premier Municipal (FMN)?

The current stock price of Federated Hermes Premier Municipal (FMN) is $11.1 as of May 20, 2026.

What is the market cap of Federated Hermes Premier Municipal (FMN)?

The market cap of Federated Hermes Premier Municipal (FMN) is approximately 87.0M.