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Data last updated: Jul 06, 2026
Snapshot (as of Jul 06, 2026): First Horizon Corporation (FHN) pays a $0.64 annual dividend ($0.17 quarterly), yielding 2.49% at $25.68/share. Next ex-dividend date 2026-06-12. 14 consecutive years of dividend growth. Source: Yahoo Finance, aggregated by MerryDiv.
Dividend Yield: 2.49%
Annual Dividend: $0.64 per share
Payout Ratio: 32.1%
Ex-Dividend Date: 2026-06-12
Dividend Frequency: quarterly
Sector: Financial Services
Years of Dividend History: 39
First Horizon Corporation dividend income comes from one of the South's oldest banking franchises, founded in 1864 and headquartered in Memphis, Tennessee. FHN currently pays a 2.5% yield, with a trailing annual dividend rate of $0.64 per share paid quarterly. The next ex-dividend date is June 12, 2026. With a beta of 0.623, First Horizon Corporation stock moves less than the broader market, which suits income investors who prioritize lower price volatility over aggressive growth.
First Horizon Corporation pays out 32.1% of earnings as dividends, a payout ratio classified as conservative (below 40%). That low payout leaves meaningful room to absorb earnings pressure without touching the dividend. First Horizon Corporation dividend safety is further supported by the breadth of its revenue streams: the bank operates across Regional Banking, Specialty Banking, and Corporate segments, with income from mortgage banking, equipment financing, trust services, and fixed-income underwriting alongside traditional lending. The most significant data-supported pressure point is the regional banking sector itself, where credit cycles and interest rate swings can compress earnings quickly.
First Horizon Corporation dividend history shows a CAGR of -5.7% per year from 2007 to 2025. Per-share payments moved from $1.7192 in 2007 to $0.6000 in 2025 (2026 is a partial year and excluded from this calculation). The history table contains at least one year-over-year decline exceeding 5%, and the largest single-year jump in the window was 400.0% in 2013, reflecting a recovery from a deeply reduced base rather than organic acceleration. Growth is slow, and the long-term trend is negative.
| Period | CAGR | From | To |
|---|---|---|---|
| 3-Year | 0.0% | $0.60 (2022) | $0.60 (2025) |
| 5-Year | 0.0% | $0.60 (2020) | $0.60 (2025) |
| 10-Year | +9.6% | $0.24 (2015) | $0.60 (2025) |
FHN fits dividend investors who want a low-volatility bank stock with a moderate income stream and a conservative payout structure. The yield sits at moderate (2-4%), currently at 2.5%, which runs slightly above the 5-year average of 2.35%. That gap is narrow, but it does mean the current yield is not historically cheap. The 32.1% payout ratio is the real story here: it gives First Horizon Corporation room to maintain payments even if earnings soften. The trade-off is growth. Fourteen consecutive years of increases sound appealing, but the long-term per-share dividend is still well below its 2007 level, and recent years show the payment has been flat at $0.60 since 2020.
| Payment Date | Amount per Share |
|---|---|
| 2026-06-12 | $0.1700 |
| 2026-03-13 | $0.1700 |
| 2025-12-12 | $0.1500 |
| 2025-09-12 | $0.1500 |
| 2025-06-13 | $0.1500 |
| 2025-03-14 | $0.1500 |
| 2024-12-13 | $0.1500 |
| 2024-09-13 | $0.1500 |
| 2024-06-14 | $0.1500 |
| 2024-03-14 | $0.1500 |
| Year | Total Dividends |
|---|---|
| 2026 | $0.3400 |
| 2025 | $0.6000 |
| 2024 | $0.6000 |
| 2023 | $0.6000 |
| 2022 | $0.6000 |
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