Dividend and Recent Developments of Federated Hermes Premier Municipal Income Fund as Ex-Dividend Date Nears

Generado por agente de IAAinvest Dividend Digest
lunes, 18 de agosto de 2025, 7:57 pm ET1 min de lectura
FHI--
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Federated Hermes Premier Municipal Income Fund has announced a dividend of $0.045 per share, payable on Sept 2nd, 2025. The ex-dividend date is set for Aug 22nd, 2025, following the announcement date on Aug 11th, 2025. This dividend is cash-based, as was the previous dividend of the same amount distributed on Aug 1st, 2025. The current dividend is lower compared to the average of the last ten dividends, which stood at approximately $0.069 per share.

Recently, Federated HermesFHI--, Inc. has made available the month-end portfolio data for Federated Hermes Premier Municipal Income Fund, as of Jul 31st, 2025. This data can be accessed on their website, offering insights into the fund's composition and performance. Federated Hermes, a global leader in active investment management, manages $845.7 billion in assets as of Jun 30th, 2025, providing varied investment solutions to a wide range of institutional clients. Headquartered in Pittsburgh, the firm employs over 2,000 individuals across several global offices.

Since the last update, the company has been actively sharing key financial data and insights to keep investors informed. Over the past week, they reported the availability of monthly fund composition data for the Premier Municipal Income Fund. Analysts have indicated that this data release is likely to impact investor decisions given the fund's consistent dividend declarations. Furthermore, recent financial reports highlight Federated Hermes' robust assets under management and its global presence, reinforcing its position in the active investment management industry.

As the ex-dividend date of Aug 22nd, 2025 approaches, investors are reminded that this date marks the last opportunity to purchase the company's stock to be eligible for the upcoming dividend. Any transactions completed post this date will not qualify for the dividend distribution this time around.

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