Federated Hermes Premier Municipal Income Fund Announces Tax-Free Dividend for Investors

Federated Hermes Premier Municipal Income Fund Declares Dividend



PITTSBURGH, July 10, 2025 — The Federated Hermes Premier Municipal Income Fund (NYSE: FMN) has declared a dividend, a significant move that assures investors of current income. This fund aims to provide dividends that are exempt from federal income tax, offering a beneficial option for investors looking for tax efficiency.

The declared tax-free dividend is set at $0.045 per share, with the record date scheduled for July 23, 2025. This means that investors who hold shares by this date will be eligible for the dividend payment, which will be payable on August 1, 2025. This dividend represents a consistent income stream for investors, particularly those in tax brackets that may benefit from tax-exempt income.

The Ex-Dividend Date, also slated for July 23, 2025, is critical for shareholders as it marks the last day to purchase shares in order to receive the upcoming dividend. Understanding these dates helps investors strategically manage their investments to maximize returns.

About Federated Hermes



Federated Hermes, Inc., a renowned name in the financial services industry, has established itself as a leader in active investment management. As of March 31, 2025, the company oversees $839.8 billion in assets, showcasing its extensive capabilities in delivering investment solutions across a variety of asset classes. These range from equity to fixed-income, alternative investments, multi-asset strategies, and liquidity management tactics, serving more than 10,000 institutions and intermediaries globally.

Headquartered in Pittsburgh, with additional offices in New York, Boston, London, and other locations worldwide, Federated Hermes values its mission to provide investors with a multitude of investment outcomes that cater to diverse financial goals. Their client base includes corporations, foundations, pensions, and individuals, demonstrating the firm's ability to serve a broad array of investors.

Investing in tax-free income funds like the Federated Hermes Premier Municipal Income Fund can be particularly attractive in a landscape where tax implications can significantly affect overall returns.

For those seeking to learn more about Fedrated Hermes and its offerings, additional resources and portfolio details can be accessed through their website, FederatedHermes.com/us, which provides comprehensive insights into their various investment options and financial strategies.

In conclusion, the announcement of the latest dividend by the Federated Hermes Premier Municipal Income Fund highlights the fund's commitment to delivering value to investors while ensuring tax efficiency. Whether for retirement planning, income generation, or wealth preservation, tax-free municipal income funds remain a compelling choice for investors looking to optimize their portfolios.

As always, it's advisable for investors to consider their individual financial situations and consult with financial advisors before making investment decisions to ensure alignment with their investment strategies and financial plans.

Topics Financial Services & Investing)

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