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

Federated Hermes Premier Municipal Income Fund (NYSE:FMN) declared a monthly dividend on Friday, April 11th, Wall Street Journal reports. Investors of record on Wednesday, April 23rd will be paid a dividend of 0.04 per share on Thursday, May 1st. This represents a $0.48 annualized dividend and a yield of 4.60%. The ex-dividend date is Wednesday, April 23rd.

Federated Hermes Premier Municipal Income Fund has decreased its dividend by an average of 11.6% per year over the last three years.

Federated Hermes Premier Municipal Income Fund Stock Performance

FMN stock opened at $10.45 on Monday. The stock’s 50 day moving average is $10.89 and its 200-day moving average is $11.17. Federated Hermes Premier Municipal Income Fund has a twelve month low of $10.11 and a twelve month high of $12.53.

About Federated Hermes Premier Municipal Income Fund

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.