Federated Hermes Premier Municipal Income Fund Announces Dividend for Investors

Federated Hermes Premier Municipal Income Fund Announces Dividend



On September 10, 2025, the Federated Hermes Premier Municipal Income Fund (NYSE: FMN) declared a dividend for its shareholders, marking a significant step in its commitment to delivering value to investors. The fund is designed to provide current dividend income, particularly for those seeking gains that are exempt from regular federal income tax. Furthermore, it aims to offer tax-free income even from the federal alternative minimum tax (AMT).

Key Details of the Dividend Declaration


The declared amount for the upcoming dividend is $0.0450 per share, which remains unchanged from the previous month. This consistency reflects the fund's steady performance and its ability to sustain shareholder returns without fluctuating payouts.

Important Dates


  • - Record Date: September 23, 2025
  • - Ex-Dividend Date: September 23, 2025
  • - Payable Date: October 1, 2025

These dates are crucial for investors who aim to receive the dividend. To qualify for the forthcoming distribution, shareholders must own the shares by the record date, and they should ensure their transactions are completed before the ex-dividend date.

About Federated Hermes


Federated Hermes, Inc. is a prominent firm in the realm of active investment management, boasting an impressive $845.7 billion in assets under management as of June 30, 2025. This substantial figure underlines its strength and capability in providing a range of investment solutions tailored to meet diverse client needs.

Their portfolio includes a variety of strategies in equity, fixed-income, private markets, multi-asset approaches, and liquidity management, assisting over 10,000 institutions globally, which include corporations, government entities, banks, and numerous foundations. With over 2,000 employees spread across key locations such as Pittsburgh, London, New York, and Boston, Federated Hermes is well-positioned to continue delivering financial products that yield competitive returns.

Investor Insights


For investors looking to dive deeper into the characteristics of the fund, more detailed portfolio information can be accessed on their website at FederatedHermes.com/us. Investors will find data on fund composition, which showcases the focus areas and asset allocation strategies employed by the firm. With tax benefits being a significant attraction, this fund serves as a prudent choice for investors focused on municipal securities that can contribute to their long-term financial goals.

Conclusion


The declaration of this dividend represents Federated Hermes' dedication to providing financial solutions that not only address immediate income needs but also align with broader investment objectives that families and institutions are increasingly prioritizing. The predictable income stream from tax-exempt dividends is particularly appealing, especially in uncertain economic climates.

As the fiscal landscape evolves, Federated Hermes Premier Municipal Income Fund continues to be positioned as a reliable choice for investors looking for stability and income without the usual tax liabilities associated with traditional investment avenues.

Topics Financial Services & Investing)

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