Federated Hermes Premier Municipal Income Fund (FMN) Dividend Calculator
Federated Hermes Premier Municipal Income Fund · how much FMN pays you, by shares or dollars · updated
100 shares of Federated Hermes Premier Municipal Income Fund (FMN) pay $54.00 a year in dividends, about $4.50 each month, at the current monthly dividend of $0.0450 per share (as of Nov 5, 2026). At the $10.46 share price that is a 5.16% yield, so $10,000 buys about 956 shares and pays about $516 a year.
Per share, a year
$0.54
100 shares, a year
$54.00
$10,000 invested, a year
$516.25
Shares for $1,000 a month
22,223
FMN Federated Hermes Premier Municipal Income Fund
$10.46 · $0.54/yr dividend · 5.12% yield · monthly
Annual income
$54.00
Monthly (average)
$4.50
Per payment (monthly)
$4.50
Dividend yield
5.16%
Yield on cost
—
Enter your cost
Position value
$1,046
Your payments over the next 12 months
Based on FMN's actual pay dates over the past year
Income over 10 years if the dividend keeps growing 0% a year
Same shares, no reinvestment. Year 10: $54 · 10-year total: $540. Add reinvestment in the DRIP calculator →
How many FMN shares for a monthly income
Shares and money needed to earn each monthly amount from Federated Hermes Premier Municipal Income Fund dividends alone, at today's rate and price, before tax. Spreading it across several stocks lowers the risk that one cut hits your whole income.
| Monthly income | Shares needed | Cost today |
|---|---|---|
| $100 a month | 2,223 | $23,253 |
| $250 a month | 5,556 | $58,116 |
| $500 a month | 11,112 | $116,232 |
| $1,000 a month | 22,223 | $232,453 |
| $2,000 a month | 44,445 | $464,895 |
| $5,000 a month | 111,112 | $1,162,232 |
What 100 shares of FMN paid each year
Holding 100 shares, you would have received $85.10 in 2016 and $51.50 in 2025, down 39%, without buying another share.
How the FMN dividend is calculated
Yearly income = shares × $0.54
Each payment = shares × $0.0450
Shares for a monthly income = (monthly goal × 12) ÷ $0.54
The rate is Federated Hermes Premier Municipal Income Fund's current dividend as of Nov 5, 2026. A board can raise, cut or skip a dividend, so check the FMN dividend safety grade before counting on it.
Key facts: Federated Hermes Premier Municipal Income Fund (FMN) dividend income
Data as of · Source: SmarterDividends data
- As of Nov 5, 2026, 100 shares of Federated Hermes Premier Municipal Income Fund (FMN) pay $54.00 a year in dividends before tax, about $4.50 each month, at $0.54 per share a year.
- At its Nov 5, 2026 share price of $10.46, FMN yields 5.16%: $10,000 buys about 956 shares, which pay about $516.25 a year.
- Earning $1,000 a month ($12,000 a year) from FMN dividends alone takes about 22,223 shares, roughly $232,453 at today's price, before tax.
- 100 shares of FMN paid $85.10 in dividends in 2016 and $51.50 in 2025, down 39%.
Cite this page
SmarterDividends, "Federated Hermes Premier Municipal Income Fund (FMN) Dividend Calculator," updated Nov 5, 2026, https://smarterdividends.com/stocks/FMN/dividend-calculator
Frequently asked questions
How much dividend does 100 shares of FMN pay?
As of Nov 5, 2026, 100 shares of Federated Hermes Premier Municipal Income Fund (FMN) pay $54.00 a year in dividends before tax, about $4.50 each month, at $0.54 per share a year.
How much dividend does 1,000 shares of FMN pay?
About $540 a year before tax, or $45.00 each month, at Federated Hermes Premier Municipal Income Fund's current rate of $0.54 per share a year. Buying 1,000 shares costs about $10,460 at the Nov 5, 2026 price.
How many shares of FMN do I need to make $1,000 a month?
About 22,223 shares. $1,000 a month is $12,000 a year; divided by $0.54 a share, that's 22,223 shares, or about $232,453 at today's $10.46 price. Taxes in a regular brokerage account raise the number.
How much do I need to invest in FMN to make $100 a month?
About $23,244. $100 a month is $1,200 a year, and at a 5.16% yield that takes $23,244, or about 2,223 shares.
How often does Federated Hermes Premier Municipal Income Fund pay dividends?
Federated Hermes Premier Municipal Income Fund (FMN) pays every month, so you get 12 payments a year of about $0.0450 per share each.
How is the FMN dividend calculated?
Multiply your shares by the dividend per share. Federated Hermes Premier Municipal Income Fund pays about $0.54 per share a year, so each share earns $0.54 a year and $0.0450 each month. Shares bought on or after the ex-dividend date don't get the next payment.
Are FMN dividends taxed?
In a U.S. taxable account, yes. Regular dividends from most U.S. companies are qualified, taxed at 0%, 15% or 20%, if you held the shares more than 60 days around the ex-dividend date. Foreign companies may also withhold tax at source. Inside an IRA, Roth IRA or 401(k), dividends aren't taxed when paid.
Figures use SmarterDividends data as of Nov 5, 2026, before tax, and assume the current dividend rate holds. For information only, not investment or tax advice. Back to FMN