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Subsequent Events
12 Months Ended
Dec. 31, 2019
Subsequent Events [Abstract]  
Subsequent Events Subsequent Events
On January 30, 2020, the board of directors declared a $0.27 per share dividend. The dividend was payable to shareholders of record as of February 7, 2020, resulting in $27.3 million being paid on February 14, 2020.
Effective January 31, 2020, Federated changed its name to Federated Hermes, Inc. In addition, Federated changed its NYSE ticker symbol to FHI and shares of Federated stock began trading on the NYSE under the new ticker symbol on February 3, 2020.