FHN First Horizon dividend history, payout ratio & dates
First Horizon's most recent dividend of $0.15 per share was on Sep 13, 2024 (ex-date). At an annualized rate of $0.6 per share, the stock yields 2.97%.
Key dates
- FHN last dividend date: Sep 13, 2024
FHN dividend stats
vs. Financial Services sector
Dividend yield
FHN has a dividend yield of 2.97% which is higher than the Financial Services sector and the industry average. If we compare it with the Financial Services sector average of 2.58%, First Horizon's dividend yield is 15% higher. The current dividend yield is less than the historical average of 4.1% of the last 5 years.
Dividend history
First Horizon has a dividend history dating as far as 1994, but when it comes to recent years the company has recorded 13 consecutive years of dividend payments. Our records of FHN show that the company has issued four quarterly dividends in the last twelve months. The annualized DPS has not changed for the last year. However since the stock price has gone up by 67% from a year ago, the dividend yield has decreased by 40%.
Recent dividends
| Ex-date | Amount | Yield (TTM) |
|---|---|---|
| Sep 13, 2024 | $0.15 | 3.8% |
| Jun 14, 2024 | $0.15 | 4.2% |
| Mar 14, 2024 | $0.15 | 4.09% |
| Dec 14, 2023 | $0.15 | 4.26% |
| Sep 14, 2023 | $0.15 | 5.16% |
| Jun 15, 2023 | $0.15 | 5.09% |
| Mar 16, 2023 | $0.15 | 3.86% |
| Dec 15, 2022 | $0.15 | 2.46% |
| Sep 8, 2022 | $0.15 | 2.58% |
| Jun 9, 2022 | $0.15 | 2.69% |
| Mar 10, 2022 | $0.15 | 2.59% |
| Dec 9, 2021 | $0.15 | 3.66% |
| Sep 9, 2021 | $0.15 | 3.89% |
| Jun 10, 2021 | $0.15 | 3.29% |
| Mar 11, 2021 | $0.15 | 3.5% |
| Dec 10, 2020 | $0.15 | 4.63% |
| Sep 10, 2020 | $0.15 | 6.45% |
| Jun 11, 2020 | $0.15 | 6.05% |
| Mar 12, 2020 | $0.15 | 6.44% |
| Dec 12, 2019 | $0.14 | 3.39% |
| Sep 12, 2019 | $0.14 | 3.28% |
| Jun 13, 2019 | $0.14 | 3.59% |
| Mar 14, 2019 | $0.14 | 3.36% |
| Dec 13, 2018 | $0.12 | 3.46% |
| Sep 6, 2018 | $0.12 | 2.46% |
| Jun 7, 2018 | $0.12 | 2.2% |
| Mar 8, 2018 | $0.12 | 1.95% |
| Nov 2, 2017 | $0.09 | 2.3% |
| Sep 7, 2017 | $0.09 | 2.12% |
| Jun 7, 2017 | $0.09 | 1.87% |
| Mar 8, 2017 | $0.09 | 1.53% |
| Dec 7, 2016 | $0.07 | 1.38% |
| Sep 7, 2016 | $0.07 | 1.78% |
| Jun 8, 2016 | $0.07 | 1.81% |
| Mar 9, 2016 | $0.07 | 1.98% |
| Dec 9, 2015 | $0.06 | 1.68% |
| Sep 9, 2015 | $0.06 | 1.59% |
| Jun 10, 2015 | $0.06 | 1.42% |
| Mar 11, 2015 | $0.06 | 1.46% |
First Horizon dividend payout ratio
Payout ratio
FHN has a payout ratio of 43.2% which is higher than the industry average but lower than the Financial Services sector average. But if we consider the Financial Services sector average of 44%, First Horizon's payout ratio is only 1.8% lower.
Total amount of dividends paid per financial year (from cash flow)
FHN dividend vs peer dividends
| Name | Dividend yield | DPS | Payout ratio |
|---|---|---|---|
| PNC Pnc Financial Services Group Inc | 2.99% | $6.3 | 53.2% |
| FHN First Horizon Corp | 2.87% | $0.6 | 43.2% |
| SNV Synovus Financial Corp | 2.65% | $1.52 | 68.2% |
| PNFP Pinnacle Financial Partners Inc | 0.7% | $0.88 | 16.6% |
Frequently asked questions
Does First Horizon pay a dividend?
Yes, First Horizon has paid four dividends in the last 12 months. FHN has been paying dividends since 2011.
When was FHN's last dividend?
First Horizon's last dividend ex-date was on Sep 13, 2024. The dividend amount was $0.15 per share.
How much dividend does First Horizon pay (per share)?
FHN has paid dividend of $0.6 per share in the last year.
What is First Horizon's dividend yield?
Currently First Horizon's dividend yield is 2.97%.
How often does First Horizon pay dividends?
First Horizon pays four dividends per year.
What is First Horizon's dividend payout ratio?
First Horizon's dividend payout ratio is 43.2%.
Does First Horizon pay a good dividend?
First Horizon's dividend yield is more than the Financial Services sector average.
Special dividends are included in TTM DPS and yield. Data from 
and Sharadar.