Federated Hermes, Inc. is a publicly owned asset management holding company. Through its subsidiaries, the firm provides its services to individuals, including high net worth individuals, banking or thrift institutions, investment companies, pension and profit sharing plans, pooled investment vehicles, charitable organizations, state or municipal government entities, and registered investment advisors. Through its subsidiaries, it manages separate client-focused equity, fixed income, balanced and money market mutual funds along with separate client-focused equity, fixed income, money market, and balanced portfolios. Through its subsidiaries, the firm invests in the public equity and fixed income markets across the globe. It invests in growth and value stocks of small-cap, mid-cap, and large-cap companies. The firm makes its fixed income investments in ultra-short, short-term, and intermediate-term mortgage-backed, U.S. Government, U.S. corporate, high yield, and municipal securities. It employs both fundamental and quantitative analysis to make its equity investments. Federated Hermes, Inc. was founded in 1955 and is based in Pittsburgh, Pennsylvania with additional offices in New York City and London, United Kingdom.
Federated Hermes Dividend Announcement
• Federated Hermes announced a quarterly dividend of $0.31 per ordinary share which will be made payable on 2024-11-15. Ex dividend date: 2024-11-08
• Federated Hermes annual dividend for 2024 was $2.21
• Federated Hermes annual dividend for 2023 was $1.15
• Federated Hermes's trailing twelve-month (TTM) dividend yield is 5.45%
• Federated Hermes's payout ratio for the trailing twelve months (TTM) is 70.38%
• Federated Hermes's dividend growth over the last five years (2018-2023) was 1.55% year
• Federated Hermes's dividend growth over the last ten years (2013-2023) was 1.57% year
Federated Hermes Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-11-08 | $0.31 | quarterly | 2024-11-15 |
2024-08-08 | $0.31 | quarterly | 2024-08-15 |
2024-05-07 | $1.31 | quarterly | 2024-05-15 |
2024-02-07 | $0.28 | quarterly | 2024-02-15 |
2023-11-07 | $0.28 | quarterly | 2023-11-15 |
2023-09-21 | $0.04 | quarterly | 2023-10-02 |
2023-08-07 | $0.28 | quarterly | 2023-08-15 |
2023-05-05 | $0.28 | quarterly | 2023-05-15 |
2023-02-07 | $0.27 | quarterly | 2023-02-15 |
2022-11-07 | $0.27 | quarterly | 2022-11-15 |
2022-08-05 | $0.27 | quarterly | 2022-08-15 |
2022-05-05 | $0.27 | quarterly | 2022-05-13 |
2022-02-07 | $0.27 | quarterly | 2022-02-15 |
2021-11-05 | $0.27 | quarterly | 2021-11-15 |
2021-08-05 | $0.27 | quarterly | 2021-08-13 |
2021-05-06 | $0.27 | quarterly | 2021-05-14 |
2021-02-04 | $0.27 | quarterly | 2021-02-12 |
2020-11-05 | $1.00 | quarterly | 2020-11-13 |
2020-08-06 | $0.27 | quarterly | 2020-08-14 |
2020-05-08 | $0.27 | quarterly | 2020-05-15 |
2020-02-06 | $0.27 | quarterly | 2020-02-14 |
2019-11-07 | $0.27 | quarterly | 2019-11-15 |
2019-08-07 | $0.27 | quarterly | 2019-08-15 |
2019-05-07 | $0.27 | quarterly | 2019-05-15 |
2019-02-07 | $0.27 | quarterly | 2019-02-15 |
2018-11-07 | $0.27 | quarterly | 2018-11-15 |
2018-08-07 | $0.27 | quarterly | 2018-08-15 |
2018-05-07 | $0.27 | quarterly | 2018-05-15 |
2018-02-07 | $0.25 | quarterly | 2018-02-15 |
2017-11-07 | $0.25 | quarterly | 2017-11-15 |
2017-08-04 | $0.25 | quarterly | 2017-08-15 |
2017-05-04 | $0.25 | quarterly | 2017-05-15 |
2017-02-06 | $0.25 | quarterly | 2017-02-15 |
2016-11-04 | $1.25 | quarterly | 2016-11-15 |
2016-08-04 | $0.25 | quarterly | 2016-08-15 |
2016-05-04 | $0.25 | quarterly | 2016-05-13 |
2016-02-04 | $0.25 | quarterly | 2016-02-12 |
2015-11-04 | $0.25 | quarterly | 2015-11-13 |
2015-08-05 | $0.25 | quarterly | 2015-08-14 |
2015-05-06 | $0.25 | quarterly | 2015-05-15 |
2015-02-04 | $0.25 | quarterly | 2015-02-13 |
2014-11-05 | $0.25 | quarterly | 2014-11-14 |
2014-08-06 | $0.25 | quarterly | 2014-08-15 |
2014-05-06 | $0.25 | quarterly | 2014-05-15 |
2014-02-05 | $0.25 | quarterly | 2014-02-14 |
2013-11-06 | $0.25 | quarterly | 2013-11-15 |
2013-08-06 | $0.25 | quarterly | 2013-08-15 |
2013-05-06 | $0.24 | quarterly | 2013-05-15 |
2013-02-06 | $0.24 | quarterly | 2013-02-15 |
Federated Hermes Dividend per year
Federated Hermes Dividend growth
Federated Hermes Dividend Yield
Federated Hermes current trailing twelve-month (TTM) dividend yield is 5.45%. Interested in purchasing Federated Hermes stock? Use our calculator to estimate your expected dividend yield:
Federated Hermes Financial Ratios
Federated Hermes Dividend FAQ
Other factors to consider when evaluating Federated Hermes as a dividend stock include its dividend yield, dividend growth, payout ratio, and the sustainability of its dividend payments given its earnings and cash flow. These factors can provide insight into the company's ability to maintain or increase its dividend in the future.
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1. Determination of Dividend: Federated Hermes's board of directors reviews the company's financial performance, cash flow, future investment needs, and other relevant factors to determine the amount and timing of dividend payments.
2. Dividend Declaration: Once the board approves a dividend, Federated Hermes publicly announces the dividend amount, currency, and the ex-dividend date. The ex-dividend date is the date on or after which the buyer of the stock will not be eligible to receive the upcoming dividend payment.
3. Record Date: The record date is the date on which the company checks its records to identify shareholders who are eligible to receive the dividend. Only shareholders on record as of this date will receive the dividend.
4. Payment Date: On the designated payment date, Federated Hermes distributes the dividend to eligible shareholders. The dividend is usually paid in the form of cash directly into the shareholder's brokerage account or through other designated payment methods.
5. Tax Implications: Dividends received from Federated Hermes are generally taxable as income. Shareholders may need to report dividend income on their tax returns and pay applicable taxes according to their jurisdiction's tax regulations.
1. Record Date: Federated Hermes sets a record date, which is the date on which the company checks its records to determine the eligible shareholders. Only those who are shareholders on record as of this date will receive the dividend.
2. Payment Date: On the designated payment date, Federated Hermes distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: Federated Hermes declares the currency in which the dividend will be paid. Depending on the shareholder's location and the currency election made by the shareholder, the dividend will be converted to the appropriate currency during the payment process.
To assess the safety of Federated Hermes's dividend, it is crucial to analyze the company's financial health, debt levels, cash flow generation, and ability to sustain dividend payments over the long term. Additionally, monitoring the company's future earnings, cash flow projections, and management's commitment to dividend policies can provide valuable insights.
It is recommended to review Federated Hermes's financial reports, official announcements, and consult with financial advisors or experts who have access to the most current and comprehensive information about the company's financial situation.