Federated Hermes Declares Tax-Free Dividend
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Feb 10 2026
0mins
Should l Buy FMN?
Source: Newsfilter
- Dividend Announcement: Federated Hermes Premier Municipal Income Fund has declared a tax-free dividend of $0.0450 per share, with a record date of February 23, 2026, and a payable date of March 2, 2026, indicating the company's commitment to providing stable income for investors.
- Tax Benefits: The fund's dividend income is exempt from both regular federal income tax and the federal alternative minimum tax (AMT), making it particularly attractive to high-income investors, which could lead to increased capital inflows.
- Asset Management Scale: As of December 31, 2025, Federated Hermes manages $902.6 billion in assets, underscoring its leadership in active investment management and its ability to offer diverse investment solutions to clients.
- Global Client Base: Federated Hermes serves over 11,000 institutions and intermediaries, including corporations, government entities, and insurance companies, reflecting its extensive influence and trust in the global market.
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Wall Street analysts forecast FMN stock price to rise
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About FMN
Federated Hermes Premier Municipal Income Fund (the Fund) is a diversified closed-end management investment company. The investment objective of the Fund is to provide current income exempt from federal income tax, including the federal alternative minimum tax (AMT). The Fund normally invests substantially all (at least 90%) of its total assets in tax-exempt securities, and normally invests at least 80% of its total assets in investment grade tax-exempt securities. The Fund may invest up to 20% of its total assets in tax-exempt securities of below investment grade quality (but not lower than B, including modifiers, sub-categories or gradations). The Fund invests in various sectors, including hospital, tobacco, toll road, senior care, airport, water and sewer, and other utility. The Fund’s investment advisor is Federated Investment Management Company.
About the author

Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
- Dividend Declaration: Federated Hermes Premier Municipal Income Fund has declared a tax-free dividend of $0.0450 per share, with a record date of March 23, 2026, and a payable date of April 1, 2026, aimed at providing investors with current dividend income exempt from federal income tax, thereby enhancing its investment appeal.
- Tax Exemption Benefits: The fund's income is exempt not only from regular federal income tax but also from the federal alternative minimum tax (AMT), making it particularly attractive to high-tax-rate investors, which could drive inflows and improve the fund's market performance.
- Asset Management Scale: As of December 31, 2025, Federated Hermes manages $902.6 billion in assets, showcasing its leadership in active investment management and ability to provide diverse investment solutions to over 11,000 institutions and intermediaries.
- Global Business Presence: With offices in London, New York, and Boston, and over 2,000 employees worldwide, Federated Hermes's international presence enhances its ability to attract more clients and improve service capabilities across the globe.
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- Dividend Declaration: Federated Hermes Premier Municipal Income Fund (FMN) has declared a tax-free dividend of $0.0450 per share, with a record date of March 23, 2026, and a payable date of April 1, 2026, indicating the company's commitment to providing stable income streams for investors.
- Tax Benefits: The fund's income is exempt from both regular federal income tax and the federal alternative minimum tax (AMT), making it particularly attractive to high-tax investors and enhancing its competitive position in the market.
- Asset Management Scale: As of December 31, 2025, Federated Hermes manages $902.6 billion in assets, underscoring its leadership in global active investment management and its ability to offer diverse investment solutions to over 11,000 institutions and intermediaries.
- Global Business Presence: Headquartered in Pittsburgh, Federated Hermes has over 2,000 employees across various global offices, including London, New York, and Boston, showcasing its robust global operational capabilities and market influence.
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- Fund Performance Data Released: Federated Hermes announced the monthly fund composition and performance data for the Premier Municipal Income Fund as of January 31, 2026, which is now available on their website, enhancing transparency and client trust.
- Asset Management Scale: As of December 31, 2025, Federated Hermes manages $902.6 billion in assets, underscoring its leadership in active investment management and attracting increased attention from institutional investors.
- Diverse Client Base: The company provides investment solutions to over 11,000 institutions and intermediaries, including corporations, government entities, insurance companies, foundations, and banks, highlighting its strong influence in a diversified market.
- Global Employee Network: With more than 2,000 employees across offices in London, New York, and Boston, Federated Hermes enhances its global service capabilities and market responsiveness, positioning itself effectively in the competitive investment landscape.
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- Fund Performance Data Released: Federated Hermes announced the monthly fund composition and performance data for the Premier Municipal Income Fund as of January 31, 2026, enhancing investor transparency and trust in its offerings.
- Asset Management Scale: As of December 31, 2025, Federated Hermes manages $902.6 billion in assets, demonstrating its strong capabilities and market position in active investment management.
- Diverse Client Base: The firm provides investment solutions to over 11,000 institutions and intermediaries, including corporations, government entities, insurance companies, foundations, and banks, indicating its extensive influence in the global market.
- Global Employee Network: With more than 2,000 employees across various offices worldwide, Federated Hermes solidifies its presence in major financial hubs such as London, New York, and Boston, enhancing its operational capacity and market reach.
See More
- Dividend Declaration: Federated Hermes Premier Municipal Income Fund has declared a tax-free dividend of $0.0450 per share, with a record date of February 23, 2026, and a payable date of March 2, 2026, indicating the company's commitment to providing stable income for investors.
- Tax Benefits: The fund's dividend income is exempt from both regular federal income tax and the federal alternative minimum tax (AMT), making it attractive for investors seeking tax optimization, thereby enhancing its competitive position in the market.
- Asset Management Scale: As of December 31, 2025, Federated Hermes manages $902.6 billion in assets, underscoring its leadership in the global active investment management sector and its ability to offer diverse investment solutions to clients.
- Global Client Base: Federated Hermes serves over 11,000 institutions and intermediaries, including corporations, government entities, and insurance companies, demonstrating its extensive market influence and the trust it has built among clients.
See More
- Dividend Announcement: Federated Hermes Premier Municipal Income Fund has declared a tax-free dividend of $0.0450 per share, with a record date of February 23, 2026, and a payable date of March 2, 2026, indicating the company's commitment to providing stable income for investors.
- Tax Benefits: The fund's dividend income is exempt from both regular federal income tax and the federal alternative minimum tax (AMT), making it particularly attractive to high-income investors, which could lead to increased capital inflows.
- Asset Management Scale: As of December 31, 2025, Federated Hermes manages $902.6 billion in assets, underscoring its leadership in active investment management and its ability to offer diverse investment solutions to clients.
- Global Client Base: Federated Hermes serves over 11,000 institutions and intermediaries, including corporations, government entities, and insurance companies, reflecting its extensive influence and trust in the global market.
See More










