First Horizon (First Horizon) Dividend Payout Ratio

: 0.47 (As of Dec. 2023)

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First Horizon's dividend payout ratio for the months ended in Dec. 2023 was 0.47.

The historical rank and industry rank for First Horizon's Dividend Payout Ratio or its related term are showing as below:

FHN' s Dividend Payout Ratio Range Over the Past 10 Years
Min: 0.22 Med: 0.36 Max: 0.77
Current: 0.47

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.

FHN's Dividend Payout Ratio is ranked worse than
69.38% of 1094 companies
in the Banks industry
Industry Median: 0.33 vs FHN: 0.47

As of today (2024-04-18), the Dividend Yield % of First Horizon is 4.23%.

During the past 13 years, the highest Trailing Annual Dividend Yield of First Horizon was 7.94%. The lowest was 0.70%. And the median was 2.43%.

First Horizon's Dividends per Share for the months ended in Dec. 2023 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.

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.

The growth rate is calculated with least square regression.

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

First Horizon Dividend Payout Ratio Historical Data

The historical data trend for First Horizon's Dividend Payout Ratio can be seen below:

* 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.

* Premium members only.

First Horizon Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dividend Payout Ratio

0.39

0.77

0.34

0.39

0.42

First Horizon Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Dividend Payout Ratio																0.29	0.35	0.60	0.56	0.47

Competitive Comparison

For the Banks - Regional subindustry, First Horizon's Dividend Payout Ratio, along with its competitors' market caps and Dividend Payout Ratio 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 Dividend Payout Ratio Distribution

For the Banks industry and Financial Services sector, First Horizon's Dividend Payout Ratio distribution charts can be found below:

* The bar in red indicates where First Horizon's Dividend Payout Ratio falls into.

First Horizon Dividend Payout Ratio Calculation

Dividend payout ratio measures the percentage of the company's earnings paid out as dividends.

First Horizon's Dividend Payout Ratio for the fiscal year that ended in Dec. 2023 is calculated as

Dividend Payout Ratio	=	Dividends per Share (A: Dec. 2023 )	/	EPS without NRI (A: Dec. 2023 )
	=	0.6	/	1.43
	=	0.42

First Horizon's Dividend Payout Ratio for the quarter that ended in Dec. 2023 is calculated as

Dividend Payout Ratio	=	Dividends per Share (Q: Dec. 2023 )	/	EPS without NRI (Q: Dec. 2023 )
	=	0.15	/	0.32
	=	0.47

First Horizon (NYSE:FHN) Dividend Payout Ratio Explanation

In dividends investing, Payout Ratio and Dividend Growth Rate are the two most important variables for consideration. A lower payout ratio may indicate that the company has more room to increase its dividends.

First Horizon Dividend Payout Ratio Related Terms

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First Horizon (First Horizon) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » First Horizon Corp (NYSE:FHN) » Definitions » Dividend Payout Ratio

Comparable Companies

Traded in Other Exchanges

FHNpF.PFD:USA FHNpB.PFD:USA FHNpC.PFD:USA FHNpD.PFD:USA FHNpE.PFD:USA FT2:Germany

Address

165 Madison Avenue, Memphis, TN, USA, 38103

Website

https://www.firsthorizon.com

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