Federated Hermes Premier Municipal Income Fund Declares Monthly Dividend of $0.05 (NYSE:FMN)

Federated Hermes Premier Municipal Income Fund (NYSE:FMN) announced a monthly dividend on Wednesday, December 10th. Stockholders of record on Tuesday, December 23rd will be given a dividend of 0.045 per share on Friday, January 2nd. This represents a c) dividend on an annualized basis and a dividend yield of 4.8%. The ex-dividend date is Tuesday, December 23rd.

Federated Hermes Premier Municipal Income Fund Trading Up 0.3%

Shares of NYSE FMN traded up $0.03 during trading on Wednesday, reaching $11.19. 28,593 shares of the stock were exchanged, compared to its average volume of 33,889. The business’s 50-day moving average price is $11.10 and its 200 day moving average price is $10.83. Federated Hermes Premier Municipal Income Fund has a twelve month low of $10.11 and a twelve month high of $11.50.

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.