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

Federated Hermes Premier Municipal Income Fund (NYSE:FMNGet Free Report) announced a monthly dividend on Wednesday, April 10th, Zacks reports. Shareholders of record on Tuesday, April 23rd will be paid a dividend of 0.035 per share on Wednesday, May 1st. This represents a $0.42 annualized dividend and a yield of 3.81%. The ex-dividend date is Monday, April 22nd.

Federated Hermes Premier Municipal Income Fund Stock Up 0.7 %

Federated Hermes Premier Municipal Income Fund stock opened at $11.03 on Friday. Federated Hermes Premier Municipal Income Fund has a 1-year low of $9.09 and a 1-year high of $11.31. The stock has a fifty day simple moving average of $11.09.

Insider Transactions at Federated Hermes Premier Municipal Income Fund

In other Federated Hermes Premier Municipal Income Fund news, major shareholder Saba Capital Management, L.P. acquired 15,489 shares of the stock in a transaction dated Monday, March 11th. The stock was purchased at an average price of $11.17 per share, with a total value of $173,012.13. Following the transaction, the insider now directly owns 1,624,348 shares of the company’s stock, valued at $18,143,967.16. The acquisition was disclosed in a filing with the SEC, which is accessible through this hyperlink. Insiders acquired 42,172 shares of company stock valued at $467,992 in the last quarter.

Institutional Trading of Federated Hermes Premier Municipal Income Fund

An institutional investor recently bought a new position in Federated Hermes Premier Municipal Income Fund stock. Pathstone Holdings LLC bought a new position in Federated Hermes Premier Municipal Income Fund (NYSE:FMNFree Report) in the fourth quarter, according to the company in its most recent 13F filing with the SEC. The firm bought 255,749 shares of the company’s stock, valued at approximately $2,811,000.

About Federated Hermes Premier Municipal Income Fund

(Get Free Report)

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.

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Dividend History for Federated Hermes Premier Municipal Income Fund (NYSE:FMN)

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