Federated Hermes Premier Municipal Income Fund (NYSE:FMN) Plans $0.04 Monthly Dividend

Federated Hermes Premier Municipal Income Fund (NYSE:FMN) declared a monthly dividend on Tuesday, September 10th, NASDAQ reports. Shareholders of record on Monday, September 23rd will be paid a dividend of 0.038 per share on Tuesday, October 1st. This represents a $0.46 annualized dividend and a yield of 3.67%. The ex-dividend date is Monday, September 23rd.

Federated Hermes Premier Municipal Income Fund has decreased its dividend by an average of 10.4% annually over the last three years.

Federated Hermes Premier Municipal Income Fund Price Performance

Shares of NYSE FMN opened at $12.42 on Friday. Federated Hermes Premier Municipal Income Fund has a 1-year low of $9.09 and a 1-year high of $12.53. The stock has a fifty day simple moving average of $11.85 and a two-hundred day simple moving average of $11.42.

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.