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First Horizon Declares Quarterly Dividends on Common, Preferred Stock

Summarized from All Financial Services & Investing

First Horizon Corporation's board approved a $0.17-per-share quarterly cash dividend on common stock, payable January 4, 2027.

First Horizon Declares Quarterly Dividends on Common, Preferred Stock

First Horizon Corporation, the Memphis-based regional bank trading on the New York Stock Exchange under the ticker FHN, announced Wednesday that its board of directors approved a quarterly cash dividend of $0.17 per share on its common stock, along with dividends on preferred shares.

The common stock dividend is scheduled for payment on January 4, 2027, to shareholders of record as of a date to be determined by the company's standard dividend timeline. The declaration signals continued confidence from the board in the bank's ability to return capital to investors on a consistent basis.

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Regional banks have faced a complex operating environment in recent years, navigating shifting interest rate pressures and evolving regulatory requirements. A steady dividend declaration from an institution the size of First Horizon is generally viewed by analysts as an indicator of financial stability and predictable earnings generation, though it does not guarantee future payouts.

First Horizon operates across the southeastern United States and ranks among the larger regional bank holding companies by assets. The board's action on both common and preferred stock dividends reflects a dual-class capital structure common among banks seeking to balance retail investor appeal with institutional financing flexibility.

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Frequently Asked Questions

Q.How much is First Horizon's quarterly dividend per share?

First Horizon's board declared a quarterly cash dividend of $0.17 per share on its common stock.

Q.When will First Horizon pay its next dividend?

The quarterly cash dividend is payable on January 4, 2027, to eligible shareholders of record.

Q.Does First Horizon also pay dividends on preferred stock?

Yes, First Horizon's board declared dividends on both common and preferred stock as part of the same announcement.

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