Federated Hermes Premier Municipal Income Fund (NYSE:FMN) to Issue $0.05 Monthly Dividend

Federated Hermes Premier Municipal Income Fund (NYSE:FMN) announced a monthly dividend on Monday, November 10th. Investors of record on Friday, November 21st will be paid a dividend of 0.045 per share on Monday, December 1st. This represents a c) dividend on an annualized basis and a yield of 4.9%. The ex-dividend date of this dividend is Friday, November 21st.

Federated Hermes Premier Municipal Income Fund Trading Up 0.2%

Federated Hermes Premier Municipal Income Fund stock traded up $0.03 during mid-day trading on Monday, hitting $11.12. 38,100 shares of the company’s stock were exchanged, compared to its average volume of 33,590. Federated Hermes Premier Municipal Income Fund has a 1-year low of $10.11 and a 1-year high of $11.58. The stock has a 50 day moving average of $11.01 and a two-hundred day moving average of $10.76.

Federated Hermes Premier Municipal Income Fund Company Profile

Federated Premier Municipal Income Fund is a closed-ended fixed income mutual fund launched by Federated Investors, Inc The fund is managed by Federated Investment Management Company. It invests in fixed income markets of United States. The fund primarily invests in tax-exempt municipal bonds of GO state, GO local, special tax, hospital, transportation, pre-refunded, senior care, water and sewer, education, electric and gas, and public power sectors.