Federated Hermes Premier Municipal Income Fund announces a $0.045 per share dividend, matching prior payouts with a 4.75% forward yield.
Federated Hermes Premier Municipal Income Fund (FMN) declared a $0.045 per share monthly dividend, consistent with its previous distributions. The forward yield on the dividend is 4.75%.
The dividend is payable on August 3 to shareholders of record as of July 23, with an ex-dividend date also set for July 23. The fund’s payout aligns with its historical pattern, offering stability for income-focused investors.
No immediate market reaction was reported following the announcement.