#USA #Dividend #Pittsburgh #Federated Hermes #FMN

Federated Hermes Premier Municipal Income Fund Declares Dividend

On November 10, 2025, the Federated Hermes Premier Municipal Income Fund (NYSE: FMN) made a significant announcement regarding a newly declared dividend. This fund is designed to offer investors a robust solution for generating current income while enjoying certain tax benefits. The declared dividend is particularly noteworthy as it is exempt from regular federal income tax, making it an attractive option for tax-sensitive investors. Furthermore, the income generated from this fund is also exempt from the federal alternative minimum tax (AMT), enhancing its appeal.

Key Details of the Dividend

The key details surrounding this dividend declaration are as follows:

• - Dividend Amount: $0.0450 per share
• - Record Date: November 21, 2025
• - Ex-Dividend Date: November 21, 2025
• - Payable Date: December 1, 2025

This amount represents no change from the previous month, remaining steady at $0.0450. Such stability in dividend payments is often regarded as a positive indicator by investors, highlighting the fund's commitment to returning value.

In addition to the dividend announcement, it was shared that Lee Cunningham II, who is the senior portfolio manager for the Premier Municipal Income Fund, will be retiring on April 1, 2026. Following his retirement, R.J. Gallo, the Deputy Chief Investment Officer for Global Fixed Income and a Senior Portfolio Manager, will continue his role in managing the fund, ensuring a seamless transition for stakeholders.

Federated Hermes Overview

Federated Hermes, Inc. stands as a prominent player in the field of active investment management, overseeing a staggering $871.2 billion in assets as of September 30, 2025. The firm is dedicated to delivering tailored investment solutions, addressing a variety of objectives and strategies for a diverse clientele, which includes corporations, government institutions, insurance companies, and more. With a workforce exceeding 2,000 employees stationed across major global locations such as London, New York, and Boston, Federated Hermes bolsters its extensive reach in the investment community.

For further insights and detailed portfolio information, investors are encouraged to visit the Federated Hermes website. As the fund adapts to managerial changes and maintains its commitment to delivering tax-exempt income, it reaffirms its position in the market, catering to the financial needs of its investors.

Conclusion

In summary, the Federated Hermes Premier Municipal Income Fund's recent dividend declaration is more than a financial announcement; it signifies a strategic approach to income generation for investors. The combination of tax benefits and the stability of the fund’s management amid executive transitions positions it favorably for those seeking reliable income solutions in a complex financial environment.