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First Horizon Corporation operates as the bank holding company for First Horizon Bank that provides various financial services. The company operates through three segments: Regional Banking, Specialty Banking, and Corporate. It offers general banking services for consumers, businesses, financial institutions, and governments. The company also underwrites bank-eligible securities and other fixed-income securities eligible for underwriting by financial subsidiaries; sells loans and derivatives; and offers advisory services. In addition, it offers various services, such as mortgage banking; title insurance and loan-closing; brokerage; correspondent banking; nationwide check clearing and remittance processing; trust, fiduciary, and agency; equipment finance; and investment and financial advisory services. Further, the company sells mutual fund and retail insurance products; and credit cards. It operates approximately 500 banking offices in 22 states under the First Horizon Bank brand; and 400 banking centers in 12 states under the FHN Financial brand in the United States. The company was formerly known as First Horizon National Corporation and changed its name to First Horizon Corporation in November 2020. First Horizon Corporation was founded in 1864 and is headquartered in Memphis, Tennessee.

First Horizon Dividend Announcement

First Horizon announced a quarterly dividend of $0.15 per ordinary share which will be made payable on 2024-10-01. Ex dividend date: 2024-09-13
First Horizon annual dividend for 2024 was $0.45
First Horizon annual dividend for 2023 was $0.60
First Horizon's trailing twelve-month (TTM) dividend yield is 3.84%
First Horizon's payout ratio for the trailing twelve months (TTM) is 52.11%
First Horizon's dividend growth over the last five years (2018-2023) was 4.56% year
First Horizon's dividend growth over the last ten years (2013-2023) was 11.61% year

First Horizon Dividend History

Ex-Div dateDividend amountDividend typePay date
2024-09-13$0.15quarterly2024-10-01
2024-06-14$0.15quarterly2024-07-01
2024-03-14$0.15quarterly2024-04-01
2023-12-14$0.15quarterly2024-01-02
2023-09-14$0.15quarterly2023-10-02
2023-06-15$0.15quarterly2023-07-03
2023-03-16$0.15quarterly2023-04-03
2022-12-15$0.15quarterly2023-01-03
2022-09-08$0.15quarterly2022-10-03
2022-06-09$0.15quarterly2022-07-01
2022-03-10$0.15quarterly2022-04-01
2021-12-09$0.15quarterly2022-01-03
2021-09-09$0.15quarterly2021-10-01
2021-06-10$0.15quarterly2021-07-01
2021-03-11$0.15quarterly2021-04-01
2020-12-10$0.15quarterly2021-01-04
2020-09-10$0.15quarterly2020-10-01
2020-06-11$0.15quarterly2020-07-01
2020-03-12$0.15quarterly2020-04-01
2019-12-12$0.14quarterly2020-01-02
2019-09-12$0.14quarterly2019-10-01
2019-06-13$0.14quarterly2019-07-01
2019-03-14$0.14quarterly2019-04-01
2018-12-13$0.12quarterly2019-01-02
2018-09-06$0.12quarterly2018-10-01
2018-06-07$0.12quarterly2018-07-02
2018-03-08$0.12quarterly2018-04-02
2017-11-02$0.09quarterly2018-01-02
2017-09-07$0.09quarterly2017-10-02
2017-06-07$0.09quarterly2017-07-03
2017-03-08$0.09quarterly2017-04-03
2016-12-07$0.07quarterly2017-01-03
2016-09-07$0.07quarterly2016-10-03
2016-06-08$0.07quarterly2016-07-01
2016-03-09$0.07quarterly2016-04-01
2015-12-09$0.06quarterly2016-01-04
2015-09-09$0.06quarterly2015-10-01
2015-06-10$0.06quarterly2015-07-01
2015-03-11$0.06quarterly2015-04-01
2014-12-10$0.05quarterly2015-01-01
2014-09-10$0.05quarterly2014-10-01
2014-06-11$0.05quarterly2014-07-01
2014-03-12$0.05quarterly2014-04-01
2013-12-11$0.05quarterly2014-01-01
2013-09-11$0.05quarterly2013-10-01
2013-06-12$0.05quarterly2013-07-01
2013-03-13$0.05quarterly2013-04-01

First Horizon Dividend per year

First Horizon Dividend growth

First Horizon Dividend Yield

First Horizon current trailing twelve-month (TTM) dividend yield is 3.84%. Interested in purchasing First Horizon stock? Use our calculator to estimate your expected dividend yield:

First Horizon Financial Ratios

P/E ratio11.95
PEG ratio0.38
P/B ratio0.98
ROE8.13%
Payout ratio52.11%
Current ratio0.21
Quick ratio0.21
Cash Ratio0.11

First Horizon Dividend FAQ

How much is the next First Horizon dividend?
First Horizon's board of directors will review the company's financial performance, cash flow, future investment needs, and other relevant factors to determine the next First Horizon dividend. The next First Horizon dividend will be released in March, June, September, or December.
When is First Horizon dividend paid?
First Horizon pays dividends on a quarterly basis. The specific dates may vary each year but are generally around March, June, September, and December. However, please note that the exact timing and amount can vary, and companies may also decide to change their dividend policy based on their financial health and other considerations.
What dividend does First Horizon pay?
The specific amount of First Horizon dividend can vary from quarter to quarter and year to year, based on a variety of factors including the company's financial performance, the global economic situation, and the decisions of its board of directors. In the above table you can find First Horizon's dividend history.
Does First Horizon stock pay dividends?
Yes, First Horizon does pay dividends to its shareholders. However, the specific amount and frequency of these dividends can vary based on a variety of factors, including the company's financial performance, the global economic situation, and the decisions of its board of directors. In the above table you can find First Horizon's dividend history.
How much dividend does First Horizon pay?
First Horizon paid $0.45 in 2024, $0.6 in 2023, $0.6 in 2022, $0.6 in 2021, and $0.6 in 2020.
How often does First Horizon pay dividends?
First Horizon typically pays dividends on a quarterly basis. This means that dividends are usually distributed 4 times a year. The specific payout dates may vary each year but generally fall around March, June, September, and December.
What is First Horizon's dividend yield?
The current dividend yield for First Horizon is 3.84%. The dividend yield is calculated by dividing the annual dividend payment by the price of the stock. Both of these numbers can fluctuate daily due to changes in the stock price and any updates to the dividend payment. Use the dividend calculator on this page to calculate First Horizon's exact dividend yield.
When does First Horizon go ex dividend?
First Horizon's ex-dividend date for the latest dividend was on 2024-09-13. First Horizon typically goes ex-dividend a few weeks before the payment date. The specific dates can vary each year and for each dividend payment.
When is the next First Horizon dividend paid?
First Horizon pays dividends on a quarterly basis, typically around March, June, September, or December, but the exact dates can vary each year.
Will First Horizon increase its dividend?
Decisions about dividend payments are made by the company's board of directors and are based on a variety of factors. To understand whether First Horizon will increase its dividend, it's beneficial to look at the company's earnings, financial health, future business prospects, and the overall economic environment.
How much is First Horizon dividend per share?
First Horizon paid $0.45 per share in 2024 and $0.6 per share in 2023. The amount of dividend per share that First Horizon pays can vary each quarter based on a range of factors including the company's earnings, financial health, and decisions made by its board of directors.
Is First Horizon a dividend aristocrat?
No, the term "Dividend Aristocrat" is typically used to describe a company in the S&P 500 index that has increased its dividend payouts for at least 25 consecutive years.
Is First Horizon a dividend king?
No, a "Dividend King" is a company that has managed to increase its dividend payouts for 50 consecutive years or more, which is an even more selective group than the Dividend Aristocrats.
Is First Horizon a dividend stock?
Yes, First Horizon is considered a dividend stock. A dividend stock is a stock of a company that regularly pays out dividends to its shareholders.
Is First Horizon a good dividend stock?
Whether First Horizon is a good dividend stock depends on several factors and can vary depending on individual investment goals, risk tolerance, and the overall market conditions. First Horizon has a history of paying regular dividends, which can make it attractive to income-focused investors.

Other factors to consider when evaluating First Horizon as a dividend stock include its dividend yield, dividend growth, payout ratio, and the sustainability of its dividend payments given its earnings and cash flow. These factors can provide insight into the company's ability to maintain or increase its dividend in the future.
Does First Horizon pay dividends monthly?
First Horizon typically pays dividends on a quarterly basis.
Does First Horizon pay dividends quarterly?
First Horizon currently pays dividends on a quarterly basis.
Has First Horizon ever paid a dividend?
Yes, First Horizon has a history of paying dividends to its shareholders. First Horizon is known for its dividend payments, which have made it an attractive investment for income-focused investors.
How to buy First Horizon dividend stocks?
To buy First Horizon you need a brokerage account. Open an account with a reputable brokerage firm that offers access to the stock market. Consider factors such as fees, account minimums, and the availability of dividend reinvestment programs (DRIPs) if you wish to reinvest your dividends automatically.

Place an order: Use the brokerage's trading platform to place an order to buy First Horizon stock.

Remember that buying stocks involves risk, and it's important to carefully consider your investment goals, risk tolerance, and conduct thorough research before making any investment decisions.
When does First Horizon pay dividends 2024?
First Horizon pays dividends on a quarterly basis. 2024 dividend payments are in 2024-10-01. However, please note that the exact timing and amount can vary, and companies may also decide to change their dividend policy based on their financial health and other considerations.
Will First Horizon increase its dividend in 2024?
Decisions regarding First Horizon dividend increases are typically made by a company's board of directors based on various factors, including financial performance, cash flow, investment needs, and market conditions. For an up-to-date First Horizon dividend overview you can look into the above table of dividend history.
How First Horizon dividend works?
The First Horizon dividend works by distributing a portion of the company's profits to its shareholders on a per-share basis. Here's a general overview of how First Horizon's dividend process works:

1. Determination of Dividend: First Horizon's board of directors reviews the company's financial performance, cash flow, future investment needs, and other relevant factors to determine the amount and timing of dividend payments.

2. Dividend Declaration: Once the board approves a dividend, First Horizon publicly announces the dividend amount, currency, and the ex-dividend date. The ex-dividend date is the date on or after which the buyer of the stock will not be eligible to receive the upcoming dividend payment.

3. Record Date: The record date is the date on which the company checks its records to identify shareholders who are eligible to receive the dividend. Only shareholders on record as of this date will receive the dividend.

4. Payment Date: On the designated payment date, First Horizon distributes the dividend to eligible shareholders. The dividend is usually paid in the form of cash directly into the shareholder's brokerage account or through other designated payment methods.

5. Tax Implications: Dividends received from First Horizon are generally taxable as income. Shareholders may need to report dividend income on their tax returns and pay applicable taxes according to their jurisdiction's tax regulations.
How are First Horizon dividends paid?
First Horizon dividends are typically paid in cash directly to eligible shareholders. The payment process involves the following steps:

1. Record Date: First Horizon sets a record date, which is the date on which the company checks its records to determine the eligible shareholders. Only those who are shareholders on record as of this date will receive the dividend.

2. Payment Date: On the designated payment date, First Horizon distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.

3. Currency: First Horizon declares the currency in which the dividend will be paid. Depending on the shareholder's location and the currency election made by the shareholder, the dividend will be converted to the appropriate currency during the payment process.
How many times does First Horizon pay dividends?
First Horizon typically pays dividends on a quarterly basis. The specific payment dates can vary each year and are usually announced when the company releases its financial results for each quarter.
What months does First Horizon pay dividends?
The general pattern is that First Horizon pays dividends around March, June, September, and December. However, the exact payment dates can vary each year and are typically announced when the company releases its financial results for each quarter.
Is First Horizon dividend safe?
The safety of First Horizon's dividend is subject to various factors and cannot be determined with certainty. It is influenced by the company's financial performance, cash flow, and the overall economic and industry conditions.

To assess the safety of First Horizon's dividend, it is crucial to analyze the company's financial health, debt levels, cash flow generation, and ability to sustain dividend payments over the long term. Additionally, monitoring the company's future earnings, cash flow projections, and management's commitment to dividend policies can provide valuable insights.

It is recommended to review First Horizon's financial reports, official announcements, and consult with financial advisors or experts who have access to the most current and comprehensive information about the company's financial situation.