secwatch.observer — SEC 8-K summary
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Issuer:     FEDERATED HERMES, INC. (FHI)
CIK:        0001056288
Form:       8-K
Filed at:   2024-01-25T23:59:59+00:00
Accession:  0001056288-24-000003
Event type: earnings
Sentiment:  positive
Materiality: 0.80
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Federated Hermes Q4 EPS $0.96, record AUM $757.6B; dividend $0.28
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- Q4 2023 EPS of $0.96 (diluted) vs. $0.63 in Q4 2022; net income $82.2M vs. $56.5M.
- Full-year 2023 EPS $3.40 vs. $2.65; net income $299.0M up from $239.5M.
- Total AUM hit record $757.6B at Dec. 31, 2023, up 13% YoY and 6% QoQ.
- Board declared $0.28 quarterly dividend, payable Feb. 15, 2024 to holders of record Feb. 8.
- Q4 share repurchases: 1.9M shares for $61.0M; full-year 5.3M shares for $178.0M.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1056288/000105628824000003/0001056288-24-000003-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1056288/000105628824000003/fhi-20240125.htm
  HTML page:      https://secwatch.observer/filing/0001056288-24-000003

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