Federated Hermes Premier Municipal Income Fund (FMN) To Go Ex-Dividend on May 22nd

Federated Hermes Premier Municipal Income Fund (NYSE:FMN) announced a monthly dividend on Monday, May 11th. Stockholders of record on Friday, May 22nd will be paid a dividend of 0.045 per share on Monday, June 1st. This represents a c) annualized dividend and a dividend yield of 4.9%. The ex-dividend date of this dividend is Friday, May 22nd.

Federated Hermes Premier Municipal Income Fund Trading Down 0.3%

Shares of NYSE:FMN opened at $11.10 on Wednesday. Federated Hermes Premier Municipal Income Fund has a one year low of $10.40 and a one year high of $11.40. The company has a 50 day moving average of $11.09 and a 200-day moving average of $11.15.

Federated Hermes Premier Municipal Income Fund Company Profile

Federated Hermes Premier Municipal Income Fund (NYSE: FMN) is a closed-end management investment company that seeks to provide a high level of current income exempt from regular federal income tax, consistent with the preservation of capital. The fund primarily invests in a diversified portfolio of municipal securities, including investment-grade bonds, pre-refunded municipal obligations, variable rate demand obligations and related instruments. It may also allocate a portion of its assets to cash equivalents and repurchase agreements for liquidity and duration management.

The fund’s portfolio emphasizes quality and creditworthiness, focusing on sectors such as transportation, utilities, education and healthcare.