Federated Hermes Premier Municipal Income Fund Dividend
Dividend criteria checks 1/6
Federated Hermes Premier Municipal Income Fund is a dividend paying company with a current yield of 3.81%.
Key information
3.8%
Dividend yield
140%
Payout ratio
| Industry average yield | 2.4% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | n/a |
| Earnings per share | US$0.32 |
| Dividend yield forecast in 3Y | n/a |
Recent dividend updates
Recent updates
Federated Hermes Premier Municipal Income Fund declares $0.041 dividend
Feb 10Federated Hermes Premier Municipal Income Fund declares $0.041 dividend
Jan 10Federated Hermes Premier Municipal Income Fund declares $0.041 dividend
Dec 12Federated Hermes Premier Municipal Income Fund declares $0.041 dividend
Oct 10Federated Hermes Premier Municipal Income Fund declares $0.041 dividend
Sep 12Federated Hermes declares $0.041 dividend
Aug 10Federated Hermes Premier Municipal Income Fund declares $0.041 dividend
Jul 11Federated Hermes Premier Municipal Income Fund declares $0.054 dividend
Jun 10Federated Hermes Premier Municipal Income Fund declares $0.054 dividend
May 10Federated Hermes Premier Municipal Income Fund reports FY results
Feb 01Federated Hermes Premier Municipal Income Fund declares $0.054 dividend
Jan 11Federated Hermes Premier Municipal Income Fund declares $0.054 dividend
Nov 10Stability and Growth of Payments
Fetching dividends data
Stable Dividend: FMN's dividend payments have been volatile in the past 10 years.
Growing Dividend: FMN's dividend payments have fallen over the past 10 years.
Dividend Yield vs Market
| Federated Hermes Premier Municipal Income Fund Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (FMN) | 3.8% |
| Market Bottom 25% (US) | 1.6% |
| Market Top 25% (US) | 4.8% |
| Industry Average (Capital Markets) | 2.4% |
| Analyst forecast in 3 Years (FMN) | n/a |
Notable Dividend: FMN's dividend (3.81%) is higher than the bottom 25% of dividend payers in the US market (1.58%).
High Dividend: FMN's dividend (3.81%) is low compared to the top 25% of dividend payers in the US market (4.8%).
Earnings Payout to Shareholders
Earnings Coverage: With its high payout ratio (140.2%), FMN's dividend payments are not well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its high cash payout ratio (92.6%), FMN's dividend payments are not well covered by cash flows.