Federated Hermes Premier Municipal Income Fund (FMN) To Go Ex-Dividend on March 23rd

Federated Hermes Premier Municipal Income Fund (NYSE:FMN) declared a monthly dividend on Tuesday, March 10th. Stockholders of record on Monday, March 23rd will be given a dividend of 0.045 per share on Wednesday, April 1st. This represents a c) annualized dividend and a dividend yield of 4.8%. The ex-dividend date of this dividend is Monday, March 23rd.

Federated Hermes Premier Municipal Income Fund Price Performance

Federated Hermes Premier Municipal Income Fund stock opened at $11.16 on Thursday. The company’s fifty day moving average price is $11.23 and its 200 day moving average price is $11.10. Federated Hermes Premier Municipal Income Fund has a 1 year low of $10.11 and a 1 year high of $11.38.

About Federated Hermes Premier Municipal Income Fund

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.