secwatch.observer — SEC 8-K summary
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Issuer:     FEDERATED HERMES, INC. (FHI)
CIK:        0001056288
Form:       8-K
Filed at:   2023-07-27T23:59:59+00:00
Accession:  0001056288-23-000020
Event type: earnings
Sentiment:  positive
Materiality: 0.75
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Federated Hermes Q2 EPS $0.81, AUM hits record $704B, dividend $0.28
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- Diluted EPS $0.81 vs $0.64 YoY; net income $72.2M vs $57.7M.
- Total AUM record $704.0B, up 11% YoY; money market assets record $509.0B.
- Board declares $0.28/share dividend, payable Aug 15 to holders of record Aug 8.
- Company repurchased 1.24M shares for $43.4M during Q2.
- No voluntary yield-related fee waivers in Q2 2023 (vs $9.5M in Q2 2022).

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1056288/000105628823000020/0001056288-23-000020-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1056288/000105628823000020/fhi-20230727.htm
  HTML page:      https://secwatch.observer/filing/0001056288-23-000020

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer