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First Horizon (First Horizon) 5-Year Dividend Growth Rate : 3.90% (As of Mar. 2024)


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What is First Horizon 5-Year Dividend Growth Rate?

First Horizon's Dividends per Share for the three months ended in Mar. 2024 was $0.15.

During the past 5 years, the average Dividends Per Share Growth Rate was 3.90% per year. During the past 10 years, the average Dividends Per Share Growth Rate was 14.20% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the average dividends per share growth rate.

During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of First Horizon was 81.70% per year. The lowest was -49.90% per year. And the median was 12.00% per year.

First Horizon's Dividend Payout Ratio for the three months ended in Mar. 2024 was 0.46. As of today, First Horizon's Dividend Yield % is 4.13%.

For more information regarding to dividend, please check our Dividend Page.


Competitive Comparison of First Horizon's 5-Year Dividend Growth Rate

For the Banks - Regional subindustry, First Horizon's 5-Year Dividend Growth Rate, along with its competitors' market caps and 5-Year Dividend Growth Rate data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


First Horizon's 5-Year Dividend Growth Rate Distribution in the Banks Industry

For the Banks industry and Financial Services sector, First Horizon's 5-Year Dividend Growth Rate distribution charts can be found below:

* The bar in red indicates where First Horizon's 5-Year Dividend Growth Rate falls into.



First Horizon 5-Year Dividend Growth Rate Calculation

This is the average annual rate that a company has been raising its dividends. The growth rate is calculated with least square regression.

Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the average dividends per share growth rate.


First Horizon  (NYSE:FHN) 5-Year Dividend Growth Rate Explanation

1. Dividend Payout Ratio measures the percentage of the company's earnings paid out as dividends.

First Horizon's Dividend Payout Ratio for the quarter that ended in Mar. 2024 is calculated as

Dividend Payout Ratio=Dividends per Share (Q: Mar. 2024 )/ EPS without NRI (Q: Mar. 2024 )
=0.15/ 0.33
=0.45

During the past 13 years, the highest Dividend Payout Ratio of First Horizon was 0.77. The lowest was 0.22. And the median was 0.36.

2. Dividend Yield % measures how much a company pays out in dividends each year relative to its share price.

First Horizon Recent Full-Year* Dividend History

Amount Ex-date Record Date Pay Date Type Frequency Forex Rate
USD 0.1500002024-06-142024-06-142024-07-01Cash DividendquarterlyUSD:USD 1.000000
USD 0.1500002024-03-142024-03-152024-04-01Cash DividendquarterlyUSD:USD 1.000000
USD 0.1500002023-12-142023-12-152024-01-02Cash DividendquarterlyUSD:USD 1.000000
USD 0.1500002023-09-142023-09-152023-10-02Cash DividendquarterlyUSD:USD 1.000000

* GuruFocus has an internal rule that if the most recent dividend payment frequency is at least 4 times a year, then the full year will be calculated according to the frequency of payment or the one-year time frame, whichever is stricter.
* GuruFocus converts dividend currency to local traded share price currency in order to calculate dividend yield. Please refer to the last column "Forex Rate" in the above table.

First Horizon's Dividend Yield (%) for Today is calculated as

Dividend Yield %=Most Recent Full Year Dividend/Current Share Price
=0.6/14.365
=4.18 %

Current Share Price is $14.365.
First Horizon's Dividends per Share for the trailing twelve months (TTM) ended in Today is $0.6.

During the past 13 years, the highest Dividend Yield of First Horizon was 7.94%. The lowest was 0.71%. And the median was 2.45%.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


First Horizon 5-Year Dividend Growth Rate Related Terms

Thank you for viewing the detailed overview of First Horizon's 5-Year Dividend Growth Rate provided by GuruFocus.com. Please click on the following links to see related term pages.


First Horizon (First Horizon) Business Description

Address
165 Madison Avenue, Memphis, TN, USA, 38103
First Horizon Corp is the parent company of First Tennessee Bank, a prominent regional bank with about 200 branches around Tennessee. The regional bank is responsible for roughly 65% of its revenue, while capital markets make a 25% contribution. The remainder is split between the firm's non-strategic (wind-down) and corporate operations. First Horizon concentrates on offering a variety of banking products mainly in its home state, where it has the second- largest deposit franchise with a 13% deposit market share.
Executives
Velia Carboni director 165 MADISON AVE, MEMPHIS TN 38103
William H Fenstermaker director 200 WEST CONGRESS STREET, LAFAYETTE LA 70501
Vicki R Palmer director PO BOX 723040, ATLANTA GA 30339
Rosa Sugranes director 2975 N.W. 77TH AVE, DORAL FL 33132
Reed Colin V director
Wendy P Davidson director 2210 WEST OAKLAWN DRIVE, SPRINGDALE AR 72762
D Bryan Jordan officer: EVP and CFO
Terry Lawson Akins officer: Sr. EVP, Chief Risk Officer 200 WEST CONGRESS STREET, LAFAYETTE LA 70501
David T Popwell officer: EVP-Regional Bkg & Bkg COO 165 MADISON AVENUE, MEMPHIS TN 38103
Tammy Locascio officer: Sr. EVP, Chief HR Officer 165 MADISON AVE, MEMPHIS TN 38103
Daryl G Byrd director, officer: Executive Chairman of Board 200 WEST CONGRESS STREET, LAFAYETTE LA 70501
Anthony J Restel officer: SEVP Chief Operating Officer 200 WEST CONGRESS STREET, LAFAYETTE LA 70501
Hope Dmuchowski officer: Sr. EVP & CFO 165 MADISON AVE, MEMPHIS TN 38103
Losch William C Iii officer: EVP and CFO 165 MADISON AVENUE, MEMPHIS TN 38103
Elizabeth A Ardoin officer: SEVP, Chief Communications Ofc 200 WEST CONGRESS STREET, LAFAYETTE LA 70501