SmarterDividends
FHN

First Horizon (FHN) Dividend

First Horizon Corporation · Financial Services · Banks - Regional · quarterly payer

$23.51

Fairly valued · +15% Add to Portfolio

As of Nov 5, 2026, First Horizon (FHN) pays a quarterly dividend of $0.17 per share, or $0.68 a year, a 2.86% yield at its $23.51 share price. The next ex-dividend date is Dec 11, 2026, paid Jan 4, 2027. It has a dividend safety grade of A.

Forward Yield

2.86%

Annual Dividend

$0.68

Payout Ratio

31%

5-Yr Growth

0.0%

Ex-Date

Dec 11, 2026

Frequency

Quarterly

Key facts about FHN's dividend

Data as of · Source: SmarterDividends data

  • As of Nov 5, 2026, First Horizon Corporation (FHN) has a forward dividend yield of 2.86%, based on an annual dividend of $0.68 per share and a share price of $23.51.
  • As of Nov 5, 2026, FHN's dividend safety grade from SmarterDividends is A (88 out of 100), which rates the dividend as very safe.
  • FHN last cut its regular dividend in 2011.
  • FHN's next ex-dividend date is Dec 11, 2026, with payment on Jan 4, 2027. Shares must be owned before that date to receive the dividend.
  • As of Nov 5, 2026, FHN pays out 31% of its trailing 12-month earnings as dividends (its payout ratio).
  • FHN's dividend has been roughly flat over the past five years.
  • As of Nov 5, 2026, FHN's 2.86% yield is 14% below its five-year average yield of 3.33%.
  • As of Nov 5, 2026, SmarterDividends' blended fair-value estimate for FHN is $27.03 per share, 15% above the $23.51 share price, so FHN screens as fairly valued.
  • First Horizon Corporation (FHN) pays its dividend quarterly, 4 times a year.
  • First Horizon Corporation (FHN) has raised its regular dividend 26 times and cut it 1 time across the 149 payments on record since 1986. Its most recent change was a 13.3% increase to $0.170 per share, going ex-dividend on Mar 13, 2026. The last cut went ex-dividend on Mar 12, 2008.
Cite this page

SmarterDividends, "FHN Dividend: Yield, Safety Grade & Next Ex-Date," updated Nov 5, 2026, https://smarterdividends.com/stocks/FHN

Is FHN a good dividend stock?

Yes

First Horizon Corporation (FHN) pays a quarterly dividend yielding 2.86% ($0.68/yr), with 0 years of growth and a dividend-safety grade of A. It scores well across payout coverage, growth history and safety — a dependable income holding.

Advantages

  • Comfortable payout ratio (31%)
  • 44% total price return over 5 years
  • Top-tier dividend safety score

Risks

  • Cut its dividend in 2011

Key Data

Dividend Yield
2.86%
Payout Ratio
31%
Annual Dividend
$0.68
5-Yr Avg Growth
0.0%
Ex-Dividend Date
Dec 11, 2026
Years of Growth
0
Frequency
quarterly
Beta
0.62
Market Cap
$11.1B
P/E Ratio
17.0
5-Yr Total Return
44%
52-Week Range
$20.40 – $26.56
Dividend Safety
A · 88/100
Ever Cut?
Yes (2011)

FHN dividend raises and cuts

First Horizon Corporation (FHN) has raised its regular dividend 26 times and cut it 1 time across the 149 payments on record since 1986. Its most recent change was a 13.3% increase to $0.170 per share, going ex-dividend on Mar 13, 2026. The last cut went ex-dividend on Mar 12, 2008.

Ex-dateChangeOld → newMove
Mar 13, 2026Raise$0.150 → $0.170+13.3%
Mar 12, 2020Raise$0.140 → $0.150+7.1%
Mar 14, 2019Raise$0.120 → $0.140+16.7%
Mar 8, 2018Raise$0.0900 → $0.120+33.3%
Mar 8, 2017Raise$0.0700 → $0.0900+28.6%
Mar 9, 2016Raise$0.0600 → $0.0700+16.7%
Mar 11, 2015Raise$0.0500 → $0.0600+20.0%
Mar 13, 2013Raise$0.0100 → $0.0500+400.0%
Mar 12, 2008Cut$0.430 → $0.191−55.6%
Dec 14, 2005Raise$0.411 → $0.430+4.7%
Dec 15, 2004Raise$0.382 → $0.411+7.5%
Dec 10, 2003Raise$0.287 → $0.382+33.3%
Show all 27 changes since 1987
Ex-dateChangeOld → newMove
Dec 11, 2002Raise$0.239 → $0.287+20.0%
Dec 12, 2001Raise$0.210 → $0.239+13.6%
Dec 8, 1999Raise$0.181 → $0.210+15.8%
Dec 9, 1998Raise$0.158 → $0.181+15.2%
Dec 10, 1997Raise$0.143 → $0.158+10.0%
Dec 11, 1996Raise$0.127 → $0.143+13.2%
Dec 13, 1995Raise$0.112 → $0.127+12.8%
Dec 12, 1994Raise$0.100 → $0.112+11.9%
Dec 13, 1993Raise$0.0860 → $0.100+16.7%
Dec 7, 1992Raise$0.0716 → $0.0860+20.0%
Dec 9, 1991Raise$0.0669 → $0.0716+7.1%
Dec 10, 1990Raise$0.0637 → $0.0669+5.0%
Dec 11, 1989Raise$0.0557 → $0.0637+14.3%
Dec 12, 1988Raise$0.0493 → $0.0557+12.9%
Dec 14, 1987Raise$0.0462 → $0.0493+6.9%
Every FHN payment →Download every raise and cut (CSV)
FHN ex-dividend date & scheduleNext ex-date Dec 11, 2026 · full ex-dividend historyView →FHN dividend historyEvery payment, totals by year, raises and cutsView →FHN dividend calculator100 shares pay $68.00 a year, $17.00 each quarterCalculate →FHN total return calculatorWhat $10,000 became, with dividends reinvested or taken as cashSee →

Frequently Asked Questions

Is FHN a good dividend stock?

Yes. First Horizon Corporation (FHN) pays a quarterly dividend yielding 2.86% ($0.68/yr), with 0 years of growth and a dividend-safety grade of A. It scores well across payout coverage, growth history and safety — a dependable income holding.

Is FHN undervalued?

Based on a blend of discounted cash flow, a dividend-discount model and an earnings-multiple estimate, FHN's fair value is about $27.03 versus a $23.51 share price — so it looks fairly valued (+15% vs. fair value).

Is FHN's dividend safe?

FHN has a dividend-safety grade of A (88/100), based on its payout coverage, free-cash-flow, 0-year growth streak, a dividend cut in 2011, debt and yield-versus-history.

What is FHN's fair value?

Our blended fair-value estimate for FHN is about $27.03 per share, roughly 15% above the current $23.51 price — combining a discounted cash flow, a dividend-discount model and an earnings multiple.

Is FHN a buy, hold, or sell?

We don't issue formal ratings, but on the data FHN screens as "yes" and fairly valued. First Horizon Corporation (FHN) pays a quarterly dividend yielding 2.86% ($0.68/yr), with 0 years of growth and a dividend-safety grade of A. It scores well across payout coverage, growth history and safety — a dependable income holding. This is research for your own analysis, not investment advice.

Will FHN cut its dividend?

FHN earns a dividend-safety grade of A (88/100), and has cut its dividend before (last in 2011). A higher score means lower cut risk based on payout coverage, cash flow and history — but no score guarantees a dividend.

Does FHN pay a dividend?

Yes. First Horizon Corporation pays a quarterly dividend of about $0.68 per share annually, a forward yield of roughly 2.86%.

How much dividend does 100 shares of FHN pay?

At $0.68 per share a year, 100 shares of FHN pay $68.00 a year in dividends before tax, about $17.00 each quarter. Buying them costs about $2,351 at the Nov 5, 2026 price.

What is FHN's dividend yield?

As of Nov 5, 2026, FHN's forward dividend yield is 2.86%, based on a $0.68 annual dividend and a $23.51 share price.

What is FHN's dividend per share?

As of Nov 5, 2026, FHN pays $0.68 per share per year, distributed on a quarterly basis.

What is FHN's dividend payout ratio?

As of Nov 5, 2026, FHN's payout ratio is 31% of trailing 12-month earnings — a comfortable level that leaves room to keep raising the dividend.

How many years has FHN grown its dividend?

FHN does not currently have a long dividend-growth streak on record.

When is the next FHN ex-dividend date?

As of Nov 5, 2026, the next ex-dividend date on record for FHN is Dec 11, 2026.

Income Calculator

At $0.68 / yr per share

Per payment (quarterly)$17.00
Annual$68.00
Monthly avg$5.67
Full FHN dividend calculator →

Similar Dividend Stocks

JPMJPMJPMorgan Chase & Co.1.87%Financial ServicesVVVisa Inc.0.71%Financial ServicesMAMAMastercard Incorporated0.52%Financial ServicesBACBACBank of America Corporation2.48%Financial Services

Compare FHN

FHN vs JPMFHN vs VFHN vs MAFHN vs BAC

Explore more

Lists and tools related to FHN