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FHN First Horizon dividend history, payout ratio & dates

First Horizon's most recent dividend of $0.15 per share was on Jun 14, 2024 (ex-date). At an annualized rate of $0.6 per share, the stock yields 3.82%.

Key dates

  • FHN last dividend date: Jun 14, 2024
FHN dividend stats
DPS
$0.6
Dividend yield
3.82%
Payout ratio
49.2%
vs. Financial Services sector
Dividend yield
2.98%
Payout ratio
43.6%

Dividend yield

What is First Horizon current dividend yield

FHN has a dividend yield of 3.82% which is higher than the Financial Services sector and the industry average. If we compare it with the Financial Services sector average of 2.98%, First Horizon's dividend yield is 28% higher. The current dividend yield is less than the historical average of 4.1% of the last 5 years.

Dividend history

What is FHN dividend payout history and dates

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 33% from a year ago, the dividend yield has decreased by 25%.

Recent dividends

Ex-date Amount Yield (TTM)
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

What is First Horizon dividend payout ratio compared to the sector

Payout ratio

FHN has a payout ratio of 49.2% which is higher than the Financial Services sector and the industry average. If we compare it with the Financial Services sector average of 43.6%, First Horizon's payout ratio is 13% higher.

Total amount of dividends paid per financial year (from cash flow)

FHN dividend vs peer dividends

How does FHN dividend compare to its peers' dividends
Name Dividend yield DPS Payout ratio
FHN First Horizon Corp 3.82% $0.6 49.2%
SNV Synovus Financial Corp 3.46% $1.52 92.7%
PNC Pnc Financial Services Group Inc 3.42% $6.25 52.3%

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 Jun 14, 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 3.82%.

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 49.2%.

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.