15, 2022 to shareholders of record as of Aug. 'As investors negotiated high inflation, rising interest rates and volatile markets across asset classes, they also sought haven in Federated Hermes' liquidity products.'įederated Hermes' board of directors declared a dividend of $0.27 per share. Christopher Donahue, president and chief executive officer. 'In the first half of 2022, Federated Hermes saw strong sales in dividend-income equity strategies, led by Federated Hermes Strategic Value Dividend Fund,' said J. Total average managed assets for Q2 2022 were $617.9 billion, down $21.8 billion or 3% from $639.7 billion reported for Q2 2021 and down $29.3 billion or 5% from $647.2 billion for Q1 2022. The results for Q2 2022 and YTD 2022 include net realized and unrealized losses on investments of $20.9 million ( $0.10 per diluted share) and $32.6 million ( $0.19 per diluted share), respectively, as a result of the reduction in the market value of equity and fixed-income investments.įederated Hermes' total managed assets were $631.9 billion at June 30, 2022, down $13.9 billion or 2% from $645.8 billion at June 30, 2021 and up $0.8 billion or less than 1% from $631.1 billion at March 31, 2022. Federated Hermes reported YTD 2022 EPS of $1.24, compared to $1.31 for the same period in 2021, on YTD 2022 net income of $113.5 million, compared to $130.4 million for the same period in 2021. FHI, a global leader in active, responsible investing, today reported earnings per diluted share (EPS) of $0.64 for Q2 2022, compared to $0.56 for the same quarter last year, on net income of $57.7 million for Q2 2022, compared to $55.9 million for Q2 2021. PITTSBURGH, J/PRNewswire/ - Federated Hermes, Inc. Board declares $0.27 per share quarterly dividend.

Q2 2022 earnings per diluted share of $0.64.

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