First Horizon's most recent quarterly dividend of $0.15 per share was on Dec 15, 2022 (ex-date). At an annualized rate of $0.6 per share, the stock yields 2.43%.
FHN has a dividend yield of 2.43% which is lower than the Financial Services sector and the industry average. If we compare it with the Financial Services sector average of 2.61%, First Horizon's dividend yield is 7% lower. The current dividend yield is less than the historical average of 3.6% of the last 5 years.
First Horizon has a dividend history dating as far as 1994, but when it comes to recent years the company has recorded 11 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 39% from a year ago, the dividend yield has decreased by 28%.
| Ex-date | Payment date | Declared on | Amount | Type |
|---|---|---|---|---|
| Dec 15, 2022 | Jan 3, 2023 | Oct 25, 2022 | $0.15 | normal |
| Sep 8, 2022 | Oct 3, 2022 | Jul 26, 2022 | $0.15 | normal |
| Jun 9, 2022 | Jul 1, 2022 | Apr 26, 2022 | $0.15 | normal |
| Mar 10, 2022 | Apr 1, 2022 | Jan 25, 2022 | $0.15 | normal |
| Dec 9, 2021 | Jan 3, 2022 | Oct 26, 2021 | $0.15 | normal |
| Sep 9, 2021 | Oct 1, 2021 | Jul 27, 2021 | $0.15 | normal |
| Jun 10, 2021 | Jul 1, 2021 | Apr 27, 2021 | $0.15 | normal |
| Mar 11, 2021 | Apr 1, 2021 | Jan 27, 2021 | $0.15 | normal |
| Dec 10, 2020 | Jan 4, 2021 | Oct 27, 2020 | $0.15 | normal |
| Sep 10, 2020 | Oct 1, 2020 | Jul 28, 2020 | $0.15 | normal |
| Jun 11, 2020 | Jul 1, 2020 | Apr 29, 2020 | $0.15 | normal |
| Mar 12, 2020 | Apr 1, 2020 | Jan 28, 2020 | $0.15 | normal |
| Dec 12, 2019 | Jan 2, 2020 | Oct 28, 2019 | $0.14 | normal |
| Sep 12, 2019 | Oct 1, 2019 | Jul 23, 2019 | $0.14 | normal |
| Jun 13, 2019 | Jul 1, 2019 | Apr 23, 2019 | $0.14 | normal |
| Mar 14, 2019 | Apr 1, 2019 | Jan 29, 2019 | $0.14 | normal |
| Dec 13, 2018 | Jan 2, 2019 | Oct 23, 2018 | $0.12 | normal |
| Sep 6, 2018 | Oct 1, 2018 | Jul 24, 2018 | $0.12 | normal |
| Jun 7, 2018 | Jul 2, 2018 | Apr 24, 2018 | $0.12 | normal |
| Mar 8, 2018 | Apr 2, 2018 | Jan 23, 2018 | $0.12 | normal |
| Nov 2, 2017 | Jan 2, 2018 | Oct 24, 2017 | $0.09 | normal |
| Sep 7, 2017 | Oct 2, 2017 | Jul 25, 2017 | $0.09 | normal |
| Jun 7, 2017 | Jul 3, 2017 | Apr 25, 2017 | $0.09 | normal |
| Mar 8, 2017 | Apr 3, 2017 | Jan 24, 2017 | $0.09 | normal |
| Dec 7, 2016 | Jan 3, 2017 | Oct 25, 2016 | $0.07 | normal |
| Sep 7, 2016 | Oct 3, 2016 | Jul 26, 2016 | $0.07 | normal |
| Jun 8, 2016 | Jul 1, 2016 | $0.07 | normal | |
| Mar 9, 2016 | Apr 1, 2016 | $0.07 | normal |
FHN has a payout ratio of 38.7% which is higher than the Financial Services sector and the industry average. If we compare it with the Financial Services sector average of 31.2%, First Horizon's payout ratio is 24% higher.
| Name | Dividend yield | DPS | Payout ratio |
|---|---|---|---|
| PNC Pnc Financial Services Group Inc | 3.63% | $6 | 45.2% |
| SNV Synovus Financial Corp | 3.12% | $1.36 | 27.5% |
| FHN First Horizon Corp | 2.43% | $0.6 | 38.7% |
Yes, First Horizon has paid four dividends in the last 12 months. FHN has been paying dividends since 2011.
FHN's next dividend is scheduled on Mar 16, 2023 (ex-date).
First Horizon's last dividend ex-date was on Dec 15, 2022. The dividend amount was $0.15 per share.
FHN has paid dividend of $0.6 per share in the last year.
Currently First Horizon's dividend yield is 2.43%.
First Horizon pays four dividends per year.
First Horizon's dividend payout ratio is 38.7%.
First Horizon's dividend yield is less than the Financial Services sector average.