By Elias Schisgall
Federated Hermes boosted its quarterly dividend by 12% to 38 cents a share, up from a previous dividend of 34 cents.
The new payout, equal to $1.52 a year, represents a 2.6% annual yield based on the company's Thursday closing price of $58.09.
The dividend will be paid on May 15 to shareholders of record as of May 8.
Write to Elias Schisgall at elias.schisgall@wsj.com
(END) Dow Jones Newswires
April 30, 2026 19:01 ET (23:01 GMT)
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