Federated Hermes Premier Municipal Income Fund Announces Dividend Details for Investors

Federated Hermes Premier Municipal Income Fund Declares Dividend



On August 11, 2025, the Federated Hermes Premier Municipal Income Fund (NYSE: FMN) made a significant announcement regarding its dividend declarations. This notable fund is committed to delivering current dividend income that is exempt from Federal income tax, making it an attractive option for investors seeking tax-efficient income sources. In this context, the fund also provides income that is exempt from the federal alternative minimum tax (AMT).

Dividend Announcement Details


The key specifics of the dividend declaration are as follows:

  • - Dividend Amount: $0.0450 per share
  • - Record Date: August 22, 2025
  • - Ex-Dividend Date: August 22, 2025
  • - Payable Date: September 2, 2025

This dividend amount remains unchanged from the previous month, showcasing the fund's stable approach to providing reliable income to its shareholders.

About Federated Hermes Inc.


Federated Hermes, Inc. is recognized as a premier global leader in active investment management, boasting $845.7 billion in assets under management as of June 30, 2025. The company delivers comprehensive investment solutions designed to meet an extensive array of client goals. It offers strategies across multiple categories, including equity, fixed-income, alternative/private markets, multi-asset, and liquidity management.

The firm caters to a diverse group of clients, including corporations, government entities, foundations, insurance companies, and financial institutions. Federated Hermes is headquartered in Pittsburgh, with a substantial workforce exceeding 2,000 employees spread across major financial hubs in London, New York, and Boston, as well as various global offices.

For investors looking for current, tax-efficient income strategies, Federated Hermes Premier Municipal Income Fund stands out as a compelling option due to its steady dividend payouts and management expertise. Many investors appreciate the advantage of receiving income that is not subject to the regular federal tax, making this fund an appealing choice for those prioritizing after-tax returns.

Furthermore, investors are encouraged to consult further enhancements by visiting the Products section at FederatedHermes.com. This website provides detailed information about the fund, its holdings, and additional portfolio insights.

Conclusion


In summary, the announcement from the Federated Hermes Premier Municipal Income Fund reaffirms its commitment to providing substantial value to its investors through consistent dividend income. With tax-exempt benefits and a reliable management team, investors have a strong opportunity to enhance their portfolios with this fund. The upcoming dividends scheduled for September 2, 2025, are a testament to the effectiveness of Federated Hermes' strategic investment management.

Topics Financial Services & Investing)

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