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.
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.
Summary not available.
Federated Hermes Premier Municipal Income Fund (FMN) has declared a dividend of $0.041 per share, down $(0.013) from the previous month. The record date is June 23, 2022, while the ex-dividend date is June 22, 2022, and payment will occur on July 1, 2022. The decline in the dividend is attributed to changes in portfolio income and a reduction in leverage from 42.8% to 36.8%, aimed at minimizing volatility in net asset value.
Federated Hermes Premier Municipal Income Fund (NYSE: FMN) has declared a $0.054 tax-free dividend per share. This dividend is exempt from federal income tax as well as the federal alternative minimum tax (AMT). The record date for this dividend is May 23, 2022, with an ex-dividend date of May 20, 2022, and the payment will be made on June 1, 2022.
Federated Hermes, Inc. (NYSE: FHI) manages $631.1 billion in assets and offers a range of investment solutions globally.
Summary not available.
Federated Hermes Premier Municipal Income Fund (NYSE: FMN) has announced a dividend of $0.054 per share. The dividend is tax-exempt from federal income tax and alternative minimum tax (AMT). Key dates include the record date on April 22, 2022, the ex-dividend date on April 21, 2022, and the payable date on May 2, 2022. Federated Hermes, Inc. (NYSE: FHI), with $668.9 billion in assets under management, is a leader in responsible investment management, providing a variety of investment solutions globally.
Summary not available.
Federated Hermes Premier Municipal Income Fund (NYSE: FMN) has declared a tax-free dividend of $0.054 per share, with a record date of March 23, 2022, and an ex-dividend date of March 22, 2022. This dividend is exempt from regular federal income tax as well as the federal alternative minimum tax (AMT). The payable date is set for April 1, 2022. This announcement emphasizes the fund's commitment to delivering current income to investors while maintaining a focus on tax efficiency.