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Federated Premier Municipal Income Fund Stock Dividends Overview

FMN pays dividends monthly. Last paid amount was $0.0350 at Apr 01, 2024. As of today, dividend yield (TTM) is 3.71%.

Dividend Yield Range

The Dividend Yield Range is the range of values in which a stock’s dividend yield has fluctuated within a specified period, often a year. It represents the variation between the highest and lowest dividend yields observed during that time frame.
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Dividend Analysis

Key Stats

Dividend Yield (TTM) 3.71%
Frequency Monthly
1Y Growth -10.26%
Payout Ratio 0
Amount Per Share $0.0350
Next Ex-Dividend Date Apr 22, 2024
Next Payment Date May 01, 2024

FMN Dividend Payout History

To ensure a understanding of FMN's dividend performance, consider examining the historical payout ratios and how they align with the company's earnings. Fluctuations in payout amounts may reflect changes in the company's dividend policy or earnings stability.


# Declaration Date Ex-Date Pay Date Amount Yield
1 Apr 22, 2024 Apr 22, 2024 May 01, 2024 $0.0350 0.318%
2 Mar 21, 2024 Mar 21, 2024 Apr 01, 2024 $0.0350 0.317%
3 Feb 12, 2024 Feb 22, 2024 Mar 01, 2024 $0.0350 0.316%
4 Jan 22, 2024 Jan 22, 2024 Jan 22, 2024 $0 0%
5 Dec 21, 2023 Dec 21, 2023 Jan 02, 2024 $0.0350 0.317%
6 Nov 10, 2023 Nov 21, 2023 Dec 01, 2023 $0.0350 0.331%
7 Oct 10, 2023 Oct 20, 2023 Nov 01, 2023 $0.0350 0.375%
8 Sep 11, 2023 Sep 21, 2023 Oct 02, 2023 $0.0350 0.363%
9 Aug 10, 2023 Aug 22, 2023 Sep 01, 2023 $0.0350 0.341%
10 Jul 10, 2023 Jul 20, 2023 Aug 01, 2023 $0.0350 0.329%

Dividend Sustainability

The company's low Dividend Sustainability Score (DSS) highlights potential challenges in upholding its current dividend levels. Unfortunately, its low Dividend Growth Potential Score (DGPS) suggests limited prospects for dividend growth. In conclusion, a more vigilant stance is recommended given the company's tentative dividend landscape.

Sustainability score

Low (62.61%)

Growth potential

Decrease likely (22.73%)

FMN Dividend Calculator

Dividend Calculator is designed to forecast the potential returns from FMN dividends based on your individual investment size or the number of shares you own. Simply enter your total investment amount to see the cumulative dividend payment you could receive over a specified period.
Read how to invest in FMN stock here.

Comparing FMN to Sector and Country

FMN pays a solid dividend yield of 3.71%, which is higher than the average of the bottom 25% of dividend payers in the US market (1.87%). FMN’s dividend yield is lower than the average of the top 25% of dividend payers in the Financial Services sector in the US market (11.06%), which means that there are more attractive dividend stocks to consider.

FMN Stock Competitors

Symbol Company Name Market Cap Amount Per Share Dividend Yield (TTM) Payout Ratio (TTM)
IGA
Voya Global Advantage and Premium Opportunity Fund 161.974M $0.197 9.37% -
WEA
Western Asset Bond Fund 126.697M $0.0700 7.77% 51.26%
CXE
Colonial High Income Municipal Trust 110.813M $0.0150 4.65% 135.90%
FMN
Federated Premier Municipal Income Fund 126.364M $0.0350 3.71% 142.09%

FAQ

What factors can affect the amount of FMN's dividend payments?
The amount of FMN's dividends can fluctuate based on several factors, including the company's financial performance, earnings, cash flow, capital requirements, and overall market conditions. Changes in FMN sector's trends, interest rate shifts, and the company's operational adjustments can also influence dividend decisions.

Can dividends from FMN stock be automatically reinvested?
If FMN offers a Dividend Reinvestment Plan (DRIP), shareholders may have the option to automatically reinvest dividends to purchase additional shares. Please check with your brokerage for the availability and details of such a plan. Here's an easy guide on how to buy FMN stock.

How often does FMN pay dividend?
Federated Premier Municipal Income Fund (FMN) pays dividends monthly. The most recent payout was on Apr 01, 2024. The upcoming dividend Ex Date is Apr 22, 2024, with an amount of $0.0350.

How much does FMN pays per share?
The last recorder (Mar 21, 2024) dividend per share was $0.0350.

What is FMN dividend growth rate?
Over the last year, Federated Premier Municipal Income Fund has witnessed growth rate of -10.26% . Looking back over the past 3 years, this growth rate has been -13.46%. Furthermore, examining the past 5 years, Federated Premier Municipal Income Fund has maintained an average Dividends Per Share Growth Rate of -8.31%.
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About Federated Premier Municipal Income Fund

Federated 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 sec... FMN Profile

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