First Horizon Dividend
Dividend criteria checks 5/6
First Horizon is a dividend paying company with a current yield of 4.09% that is well covered by earnings. Next payment date is on 10th July, 2024 with an ex-dividend date of 25th June, 2024.
Key information
4.1%
Dividend yield
41%
Payout ratio
Industry average yield | 3.0% |
Next dividend pay date | 10 Jul 24 |
Ex dividend date | 25 Jun 24 |
Dividend per share | n/a |
Earnings per share | US$1.47 |
Dividend yield forecast in 3Y | 4.1% |
Recent dividend updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: FHN.PRE's dividends per share have been stable in the past 10 years.
Growing Dividend: FHN.PRE's dividend payments have increased over the past 10 years.
Dividend Yield vs Market
First Horizon Dividend Yield vs Market |
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Segment | Dividend Yield |
---|---|
Company (FHN.PRE) | 4.1% |
Market Bottom 25% (US) | 1.5% |
Market Top 25% (US) | 4.8% |
Industry Average (Banks) | 3.0% |
Analyst forecast in 3 Years (FHN.PRE) | 4.1% |
Notable Dividend: FHN.PRE's dividend (4.09%) is higher than the bottom 25% of dividend payers in the US market (1.52%).
High Dividend: FHN.PRE's dividend (4.09%) is low compared to the top 25% of dividend payers in the US market (4.8%).
Current Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (41.2%), FHN.PRE's dividend payments are well covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: FHN.PRE's dividends in 3 years are forecast to be well covered by earnings (35.9% payout ratio).