First Horizon Dividends and Buybacks
Dividend criteria checks 5/6
First Horizon is a dividend paying company with a current yield of 2.87% that is well covered by earnings. Next payment date is on 3rd February, 2025 with an ex-dividend date of 17th January, 2025.
Key information
2.9%
Dividend yield
4.2%
Buyback Yield
| Total Shareholder Yield | 7.0% |
| Future Dividend Yield | 3.0% |
| Dividend Growth | 8.2% |
| Next dividend pay date | 03 Feb 25 |
| Ex dividend date | 17 Jan 25 |
| Dividend per share | US$0.600 |
| Payout ratio | 43% |
Recent dividend and buyback updates
Recent updates
Upcoming Dividend Payment
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: FHN.PRB's dividends per share have been stable in the past 10 years.
Growing Dividend: FHN.PRB's dividend payments have increased over the past 10 years.
Dividend Yield vs Market
| First Horizon Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (FHN.PRB) | 2.9% |
| Market Bottom 25% (US) | 1.4% |
| Market Top 25% (US) | 4.2% |
| Industry Average (Banks) | 2.5% |
| Analyst forecast (FHN.PRB) (up to 3 years) | 3.0% |
Notable Dividend: FHN.PRB's dividend (2.87%) is higher than the bottom 25% of dividend payers in the US market (1.37%).
High Dividend: FHN.PRB's dividend (2.87%) is low compared to the top 25% of dividend payers in the US market (4.21%).
Current Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (43.4%), FHN.PRB's dividend payments are well covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: FHN.PRB's dividends in 3 years are forecast to be well covered by earnings (35.7% payout ratio).