MEMPHIS,
Tenn., Jan. 28, 2025 /PRNewswire/ -- First
Horizon Corporation (NYSE: FHN or the "Company") today announced
that its board of directors declared a quarterly cash dividend of
$0.15 per share on FHN's common
stock. The dividend is payable on April 1,
2025, to shareholders of record at the close of business on
March 14, 2025.
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 May 1, 2025,
to shareholders of record at the close of business on April 16, 2025.
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 April 10, 2025, to shareholders of record at the
close of business on March 26,
2025.
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 April 10, 2025, to shareholders of record at the
close of business on March 26,
2025.
First Horizon Bank Class A
Quarterly cash dividend of $13.50160 per share on First Horizon Bank's Class
A Non-Cumulative Perpetual Preferred Stock. The dividend is payable
on April 10, 2025, to shareholders of
record at the close of business on March 26,
2025.
About First Horizon
First Horizon Corporation
(NYSE: FHN), with $82.2
billion in assets as of December 31,
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
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SOURCE First Horizon Corporation
