"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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