FMN Dividend History & Yield

Federated Hermes Premier Municipal Income Fund · NYSE

Stock Financial Services Monthly payer
$10.31
-1.15% today
as of Oct 24, 2026
TTM yield
5.24%
$0.54/share over the last 12 months
Forward yield
5.24%
$0.54/share indicated annual rate
Annual dividend
$0.54
per share, forward
Per payment
$0.045
per share, every month
Frequency
Monthly
12 payments a year
Next ex-dividend date
Nov 22, 2026 Estimated
in 28 days
Next pay date
Dec 6, 2026
in 42 days
Last ex-dividend date
Oct 23, 2026
$0.045 per share
Payout ratio
47%
of earnings
Market cap
80.6M
P/E 9.1
5y dividend CAGR
-3.6%
annualised, regular payments
Growth streak
2 yrs
consecutive annual raises
Years paying
23.7
since Feb 19, 2003
1y total return
-1.7%
price -6.6% + dividends 4.9%

Upcoming dividend payments

Ex-datePay datePer sharePer 100 sharesStatus
Sun, Nov 22, 2026 (in 28 days) Dec 6, 2026 $0.045 $4.50 Estimated
Tue, Dec 22, 2026 (in 58 days) Jan 5, 2027 $0.045 $4.50 Estimated
Thu, Jan 21, 2027 (in 88 days) Feb 4, 2027 $0.045 $4.50 Estimated
Sat, Feb 20, 2027 (in 118 days) Mar 6, 2027 $0.045 $4.50 Estimated
Mon, Mar 22, 2027 (in 148 days) Apr 5, 2027 $0.045 $4.50 Estimated
Wed, Apr 21, 2027 (in 178 days) May 5, 2027 $0.045 $4.50 Estimated
Fri, May 21, 2027 (in 208 days) Jun 4, 2027 $0.045 $4.50 Estimated
Sun, Jun 20, 2027 (in 238 days) Jul 4, 2027 $0.045 $4.50 Estimated
Tue, Jul 20, 2027 (in 268 days) Aug 3, 2027 $0.045 $4.50 Estimated
Thu, Aug 19, 2027 (in 298 days) Sep 2, 2027 $0.045 $4.50 Estimated
Sat, Sep 18, 2027 (in 328 days) Oct 2, 2027 $0.045 $4.50 Estimated
Mon, Oct 18, 2027 (in 358 days) Nov 1, 2027 $0.045 $4.50 Estimated

Estimated dates and amounts are projected from FMN's recent payment pattern and will be replaced by declared figures when the company announces them. Total over the next 12 months: about $0.54 per share.

Dividend payment history

Last 40 payments per share. RegularSpecial

Last 40 payments per share from Jul 20, 2023 to Oct 23, 2026; most recent $0.045$0.00$0.025$0.05Jul 20, 2023: $0.035Jul '23Aug 22, 2023: $0.035Sep 21, 2023: $0.035Oct 20, 2023: $0.035Nov 21, 2023: $0.035Dec 21, 2023: $0.035Dec '23Jan 22, 2024: $0.035Feb 22, 2024: $0.035Mar 21, 2024: $0.035Apr 22, 2024: $0.035May 22, 2024: $0.035May '24Jun 21, 2024: $0.038Jul 23, 2024: $0.038Aug 23, 2024: $0.038Sep 23, 2024: $0.038Oct 23, 2024: $0.038Oct '24Nov 22, 2024: $0.038Dec 23, 2024: $0.04Jan 23, 2025: $0.04Feb 21, 2025: $0.04Mar 21, 2025: $0.04Mar '25Apr 23, 2025: $0.04May 23, 2025: $0.04Jun 23, 2025: $0.045Jul 23, 2025: $0.045Aug 22, 2025: $0.045Aug '25Sep 23, 2025: $0.045Oct 23, 2025: $0.045Nov 21, 2025: $0.045Dec 23, 2025: $0.045Jan 23, 2026: $0.045Jan '26Feb 23, 2026: $0.045Mar 23, 2026: $0.045Apr 23, 2026: $0.045May 22, 2026: $0.045Jun 23, 2026: $0.045Jun '26Jul 23, 2026: $0.045Aug 21, 2026: $0.045Sep 23, 2026: $0.045Oct 23, 2026: $0.045

Annual dividends per share

Annual dividend per share by calendar year, 2017 to 2026 (year to date)$0.00$0.40$0.802017: $0.732$0.73220172018: $0.683$0.68320182019: $0.62$0.6220192020: $0.616$0.61620202021: $0.648$0.64820212022: $0.557$0.55720222023: $0.444$0.44420232024: $0.443$0.44320242025: $0.515$0.51520252026 (YTD): $0.45$0.452026 YTD

How much FMN do you need for monthly income?

Target incomeShares neededCapital at today's pricePer year
$100 / month2,223$22,911$1,200
$500 / month11,112$114,556$6,000
$1,000 / month22,223$229,111$12,000

Based on the forward yield of 5.24%. $10,000 in FMN would currently pay about $524 a year ($44 a month on average). Model reinvestment and growth →

FMN dividend history

Ex-datePay dateAmountChange
Oct 23, 2026 — $0.045 +0.0%
Sep 23, 2026 — $0.045 +0.0%
Aug 21, 2026 — $0.045 +0.0%
Jul 23, 2026 — $0.045 +0.0%
Jun 23, 2026 — $0.045 +0.0%
May 22, 2026 — $0.045 +0.0%
Apr 23, 2026 — $0.045 +0.0%
Mar 23, 2026 — $0.045 +0.0%
Feb 23, 2026 — $0.045 +0.0%
Jan 23, 2026 — $0.045 +0.0%
Dec 23, 2025 — $0.045 +0.0%
Nov 21, 2025 — $0.045 +0.0%
Oct 23, 2025 — $0.045 +0.0%
Sep 23, 2025 — $0.045 +0.0%
Aug 22, 2025 — $0.045 +0.0%
Jul 23, 2025 — $0.045 +0.0%
Jun 23, 2025 — $0.045 +12.5%
May 23, 2025 — $0.04 +0.0%
Apr 23, 2025 — $0.04 +0.0%
Mar 21, 2025 — $0.04 +0.0%
Feb 21, 2025 — $0.04 +0.0%
Jan 23, 2025 — $0.04 +0.0%
Dec 23, 2024 — $0.04 +5.3%
Nov 22, 2024 — $0.038 +0.0%

FMN dividend increases & cuts

Market-wide changes →

No change to FMN's regular dividend detected in the last year of data.

Detected from the regular payment stream; supplemental and special dividends are excluded. Pro members get an email the morning a holding raises or cuts.

Payout risk check

Yield-trap heuristicLow risk

FMN scores 20/100 on our yield-trap heuristic (low risk).

1 warning flag raised:

  • Payment was cut within the last 5 years

This is a rule-based screen computed from public data, not a rating or a recommendation. Read our guide to yield traps for what the signals mean.

About Federated Hermes Premier Municipal Income Fund

Federated Hermes 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. It benchmarks the performance of its portfolio against S&P Municipal Bond Index. Federated Hermes Premier Municipal Income Fund was formed on December 20, 2002 and is domiciled in United States.

Sector: Financial Services. Industry: Asset Management. First dividend on our records: Feb 19, 2003. 285 payments tracked. Data last refreshed Oct 24, 2026. Spotted a mistake? Report it and we'll fix it.

FMN dividend FAQ

When is FMN's next ex-dividend date?

FMN's next ex-dividend date is Nov 22, 2026 (in 28 days, estimated from its monthly schedule). You must own the shares before that date to receive the payment of about $0.045 per share, expected on Dec 6, 2026.

How often does FMN pay dividends?

FMN pays dividends every month, 12 times a year. The most recent payment was $0.045 per share with an ex-date of Oct 23, 2026.

What is FMN's dividend yield?

FMN's trailing 12-month dividend yield is 5.24%, based on $0.54 per share paid over the last year and a share price of $10.31. The forward yield, using the indicated annual rate of $0.54 per share, is 5.24%.

How much does FMN pay per share?

FMN pays about $0.045 per share each month, which works out to roughly $0.54 per share a year. 100 shares would collect about $54.00 a year.

Has FMN grown or cut its dividend?

FMN has raised its annual dividend for 2 consecutive years. Over the last 5 years the regular payout has shrunk at 3.6% a year (+7.4% over the last year). FMN did cut a regular payment within the last 5 years.

How many shares of FMN do I need to earn $100 a month?

At the current forward yield of 5.24%, you would need about 2,223 shares of FMN (roughly $22,911 invested at today's price) to collect $1,200 a year, or $100 a month on average, before taxes. Payments arrive every month, so the monthly figure is an average.

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