Federated Hermes Premier Municipal Income Fund Announces New Dividend Payment Details

Federated Hermes Premier Municipal Income Fund Declares Dividend



On March 10, 2025, Federated Hermes Premier Municipal Income Fund (traded on NYSE under the symbol FMN) announced its latest dividend declaration. This fund is designed to offer its investors a steady stream of dividend income that is exempt from federal income tax, making it an appealing choice for many investors looking for tax-advantaged returns. Investors will also benefit from income that is exempt from the federal alternative minimum tax (AMT).

Dividend Details



The key details regarding the latest dividend are as follows:
  • - Dividend Amount: $0.0400 per share
  • - Record Date: March 21, 2025
  • - Ex-Dividend Date: March 21, 2025
  • - Payable Date: April 1, 2025
  • - Change from Previous Month: No change, as this marks the same amount as the previous month’s dividend.

These dividends allow investors to maintain a lucrative income stream while enjoying tax benefits that ordinary income-generating investments may not provide.

About Federated Hermes



Federated Hermes, Inc. is recognized globally as a leader in active investment management, boasting an impressive total of $829.6 billion in assets under management as of December 31, 2024. The firm offers a diverse array of investment solutions tailored to meet different client needs, encompassing equity management, fixed-income strategies, alternative investments, and multi-asset strategies. Over 10,000 institutions and intermediaries around the world rely on Federated Hermes for their investment requirements, making it a trusted name in the financial industry.

As a company with headquarters in Pittsburgh and additional offices in major financial centers globally, including London, New York, and Boston, Federated Hermes employs over 2,000 staff, all dedicated to supporting client investment strategies.

For further details about its investment portfolio and additional offerings, investors can visit FederatedHermes.com, where they can find comprehensive information that can assist in their investment decision-making processes.

By focusing on asset growth, liquidity management, and income generation, Federated Hermes continues to innovate and adapt to the changing financial landscape. Their commitment to delivering robust investment solutions while addressing clients’ diverse needs has solidified their reputation as a leader in investment management.

In summary, Federated Hermes Premier Municipal Income Fund's recent dividend announcement highlights its continued focus on providing tax-efficient investment opportunities for its shareholders, reflecting the firm's dedication to active management and client satisfaction.

This declaration is a reminder for all investors to stay updated and actively manage their portfolios to maximize potential returns in a recovering economic environment.

Topics Financial Services & Investing)

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