MEMPHIS,
Tenn., July 23, 2024 /PRNewswire/ -- First
Horizon Corporation (NYSE: FHN or the "Company") today announced
that its board of directors had declared a quarterly cash dividend
of $0.15 per share on FHN's common
stock. The dividend is payable on October 1,
2024 to shareholders of record at the close of business on
September 13, 2024.
Preferred Dividend Information
Cash dividends were also declared on the Company's Series C,
Series E and Series F Preferred Stock, and on First Horizon Bank's
Class A Non-Cumulative Perpetual Preferred Stock, as follows:
FHN Series C
Quarterly cash dividend of $165.00
per share on FHN's 6.60% Fixed to Floating Non-Cumulative Perpetual
Preferred Stock, Series C ("Series C Preferred Stock"). This
equates to a cash dividend of $0.4125
per Depositary Share (NYSE: FHN PRC), which each represent a
1/400th interest in a share of the Series C Preferred Stock. The
dividend is payable on November 1,
2024 to shareholders of record at the close of business on
October 17, 2024.
FHN Series E
Quarterly cash dividend of $1,625.00 per share on FHN's 6.50% Non-Cumulative
Perpetual Preferred Stock, Series E ("Series E Preferred Stock").
This equates to a cash dividend of $0.40625 per Depositary Share (NYSE: FHN PRE),
which each represent a 1/4,000th interest in a share of the Series
E Preferred Stock. The dividend is payable on October 10, 2024 to shareholders of record at the
close of business on September 25,
2024.
FHN Series F
Quarterly cash dividend of $1,175.00 per share on FHN's 4.70% Non-Cumulative
Perpetual Preferred Stock, Series F ("Series F Preferred Stock").
This equates to a cash dividend of $0.29375 per Depositary Share (NYSE: FHN PRF),
which each represent a 1/4,000th interest in a share of the Series
F Preferred Stock. The dividend is payable on October 10, 2024 to shareholders of record at the
close of business on September 25,
2024.
First Horizon Bank Class A
Quarterly cash dividend of $16.39706 per share on First Horizon Bank's Class
A Non-Cumulative Perpetual Preferred Stock. The dividend is payable
on October 10, 2024 to shareholders
of record at the close of business on September 25, 2024.
About First Horizon
First Horizon Corp.
(NYSE: FHN), with $82.2
billion in assets as of June 30,
2024, is a leading regional financial services company,
dedicated to helping our clients, communities and associates unlock
their full potential with capital and counsel. Headquartered in
Memphis, TN, the banking
subsidiary First Horizon Bank operates in 12 states across the
southern U.S. The Company and its subsidiaries offer commercial,
private banking, consumer, small business, wealth and trust
management, retail brokerage, capital markets, fixed income, and
mortgage banking services. First Horizon has been recognized as one
of the nation's best employers by Fortune and Forbes magazines and
a Top 10 Most Reputable U.S. Bank. More information is available
at www.FirstHorizon.com.
FHN-G
View original content to download
multimedia:https://www.prnewswire.com/news-releases/first-horizon-declares-cash-dividends-on-common-and-preferred-stock-302204450.html
SOURCE First Horizon Corporation