Federated Hermes Premier Municipal Income Fund declares dividend
Premier(PINC) Prnewswire·2024-06-10 12:53
The increase in the dividend is the result of higher portfolio income from reinvestment at higher market yields and some stability in financing costs due to the Federal Reserve holding short-term interest rates steady since July 2023. Over the long term, the fund distributes what it earns, only adding to or drawing down from its Undistributed Net Investment Income balance to smooth short-run dividend changes. ### Tax-Free Dividend Per Share Record Date: June 21, 2024 Ex-Dividend Date:June 21, 2024 Payable D ...