Federated Hermes Premier Municipal Income Fund (NYSE:FMN – Get Free Report) announced a monthly dividend on Monday, October 12th. Investors of record on Friday, October 23rd will be given a dividend of $0.0450 per share on Monday, November 2nd. This represents a $0.54 annualized dividend and a yield of 5.2%. The ex-dividend date of this dividend is Friday, October 23rd.
Federated Hermes Premier Municipal Income Fund Stock Up 1.1%
NYSE FMN opened at $10.44 on Wednesday. The firm’s fifty day moving average price is $10.54 and its 200 day moving average price is $10.98. Federated Hermes Premier Municipal Income Fund has a 12 month low of $9.77 and a 12 month high of $11.76.
Federated Hermes Premier Municipal Income Fund Company Profile
Federated Hermes Premier Municipal Income Fund (NYSE: FMN) is a closed-end investment fund managed by Federated Hermes. The fund seeks to provide a high level of current income that is exempt from regular federal income tax by investing primarily in municipal securities.
The fund’s portfolio may include bonds and other debt obligations issued by states, municipalities, public authorities and other governmental entities. These securities generally finance public projects and services such as schools, transportation systems, utilities, healthcare facilities and other infrastructure.
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