First Horizon Corporation

NYSE:FHN Stock Report

Market Cap: US$8.3b

First Horizon Dividend

Dividend criteria checks 5/6

First Horizon is a dividend paying company with a current yield of 3.83% that is well covered by earnings. Next payment date is on 1st July, 2024 with an ex-dividend date of 14th June, 2024.

Key information

3.8%

Dividend yield

41%

Payout ratio

Industry average yield3.0%
Next dividend pay date01 Jul 24
Ex dividend date14 Jun 24
Dividend per sharen/a
Earnings per shareUS$1.47
Dividend yield forecast in 3Y3.8%

Recent dividend updates

First Horizon (NYSE:FHN) Is Paying Out A Dividend Of $0.15

Apr 28
First Horizon (NYSE:FHN) Is Paying Out A Dividend Of $0.15

Recent updates

First Horizon (NYSE:FHN) Is Paying Out A Dividend Of $0.15

Apr 28
First Horizon (NYSE:FHN) Is Paying Out A Dividend Of $0.15

First Horizon: Strong Capital Position And Growth Prospects

Dec 19

First Horizon: A 2024 Buyback Can Lift Shares

Dec 10

First Horizon Makes For A Strong Prospect Heading Into Third Quarter Earnings

Oct 11

First Horizon: Good Bank And Healthy Dividend But Questionable Liquidity

Sep 30

Moon Capital - First Horizon: Balance Sheet Capacity Sets It Apart

Jul 26

First Horizon: 7.5% Dividend Yield For 87 Cents On The Dollar With The Preferreds

Jul 12

First Horizon National declares $0.15 dividend

Jan 24

First Horizon National Q4 2022 Earnings Preview

Jan 17

First Horizon National declares $0.15 dividend

Oct 25

First Horizon National Non-GAAP EPS of $0.44 beats by $0.01, revenue of $875M beats by $55.17M

Oct 18

First Horizon sells Lenders Title Group

Aug 16

First Horizon National declares $0.15 dividend

Jul 26

First Horizon National Q2 2022 Earnings Preview

Jul 19

Playing The First Horizon-TD Bank Merger (Part 1)

Jul 09

Upcoming Dividend Payment

TodayMay 03 2024Ex Dividend DateJun 14 2024Dividend Pay DateJul 01 202417 days from Ex DividendBuy in the next 42 days to receive the upcoming dividend

Stability and Growth of Payments

Fetching dividends data

Stable Dividend: FHN's dividends per share have been stable in the past 10 years.

Growing Dividend: FHN's dividend payments have increased over the past 10 years.


Dividend Yield vs Market

First Horizon Dividend Yield vs Market
How does FHN dividend yield compare to the market?
SegmentDividend Yield
Company (FHN)3.8%
Market Bottom 25% (US)1.5%
Market Top 25% (US)4.7%
Industry Average (Banks)3.0%
Analyst forecast in 3 Years (FHN)3.8%

Notable Dividend: FHN's dividend (3.83%) is higher than the bottom 25% of dividend payers in the US market (1.54%).

High Dividend: FHN's dividend (3.83%) is low compared to the top 25% of dividend payers in the US market (4.75%).


Current Payout to Shareholders

Earnings Coverage: With its reasonably low payout ratio (41.2%), FHN's dividend payments are well covered by earnings.


Future Payout to Shareholders

Future Dividend Coverage: FHN's dividends in 3 years are forecast to be well covered by earnings (35.5% payout ratio).


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