Recently,
(FHI) announced a cash dividend of $0.340 per share, with key dates including the announcement on Jul 31, 2025, the ex-dividend date on Aug 8, 2025, and the payment date on Aug 15, 2025. This dividend is higher than the average of the last ten dividends, which stands at $0.267 per share. The previous dividend, distributed on May 15, 2025, was also $0.340 per share, indicating consistency in the company's dividend payouts. Investors should note that the ex-dividend date is crucial, as it is the last day to purchase the stock to be eligible for the upcoming dividend.
As of late, Federated Hermes (NYSE:FHI) has been making notable strides in the market. Over the past week, the investment manager's stock has gained attention after a report indicated a rise in its stock price by 3.5% following an upgrade from J.P. Morgan to Neutral from Underweight. This upgrade reflects positive sentiment towards the company, possibly influenced by its strategic developments and robust asset management capabilities.
Since the last update, the company has shown impressive financial growth, with reports highlighting a 480% increase in earnings per share (EPS) during the second quarter of 2025. This growth was driven by a 6% rise in revenue and $845.7 billion assets under management (AUM). Analysts have been revising earnings estimates upwards, and the Zacks Consensus Estimate has seen an increase of $0.09 to $4.37 per share. This positive trajectory, coupled with a strong Zacks Rank #2 (Buy) and a Momentum Style Score of B, suggests that Federated Hermes could be a favorable investment opportunity.
In recent developments, Federated Hermes has reached a new 1-year high, trading as high as $51.15, reflecting strong market performance and investor confidence. The company’s strategic position in asset management continues to bolster its prospects, and recent upgrades by analysts further underscore its potential for continued growth. With these positive indicators, Federated Hermes remains a key player in the finance sector, attracting attention from both momentum and value investors.
In conclusion, Federated Hermes presents a compelling case for investment as it continues to demonstrate financial strength and market resilience. Investors should be aware that Aug 8, 2025, is the ex-dividend date, marking the final opportunity to purchase shares and qualify for the upcoming dividend payout. Any acquisitions made after this date will not be eligible for the dividend distribution.
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