SmarterDividends
FMN

Federated Hermes Premier Municipal Income Fund

FMN

Financial Services · Stock · monthly payer

Forward Yield

4.83%

Annual Dividend

$0.54

Payout Ratio

425%

5-Yr Growth

-2.1%

Ex-Date

May 22, 2026

Frequency

Monthly

Dividend Growth

Total dividends per share by year

What is FMN?

Federated Hermes Premier Municipal Income Fund (FMN) is a Financial Services company that pays a monthly dividend currently yielding about 4.83%. Below is its full dividend history, growth record and key data for income investors.

Advantages

  • Pays a regular, trackable dividend

Risks

  • Elevated payout ratio (425.00%) — less cushion
  • Short dividend growth history

Key Data

Dividend Yield
4.83%
Payout Ratio
425%
Annual Dividend
$0.54
5-Yr Avg Growth
-2.1%
Ex-Dividend Date
May 22, 2026
Years of Growth
2
Frequency
monthly
Beta
0.60
Market Cap
$87.6M
P/E Ratio
93.4

Frequently Asked Questions

Income Calculator

At $0.54 / yr per share

Per payment (monthly)$4.50
Annual$54.00
Monthly avg$4.50