First Horizon Corporation
FHN-PEFinancial Services · Stock · quarterly payer
Forward Yield
6.92%
Annual Dividend
$1.63
Payout Ratio
—
5-Yr Growth
-4.1%
Ex-Date
Sep 28, 2026
Frequency
Quarterly
Summary
As of September 2026, First Horizon Corporation (FHN-PE) yields 6.92% ($1.63 per share annually), with a blended fair-value estimate of $54.88 — +134% upside, so it screens as undervalued. Dividend safety grade: B (78/100).
Is FHN-PE a good dividend stock?
YesFirst Horizon Corporation (FHN-PE) pays a quarterly dividend yielding 6.92% ($1.63/yr), with 0 years of growth and a dividend-safety grade of B. It scores well across payout coverage, growth history and safety — a dependable income holding.
Advantages
- Never cut its dividend on record
Risks
- Dividend has been shrinking, not growing
- Share price is down over the past 5 years
Key Data
- Dividend Yield
- 6.92%
- Payout Ratio
- —
- Annual Dividend
- $1.63
- 5-Yr Avg Growth
- -4.1%
- Ex-Dividend Date
- Sep 28, 2026
- Years of Growth
- 0
- Frequency
- quarterly
- Beta
- 0.62
- Market Cap
- —
- P/E Ratio
- 13.9
- 5-Yr Total Return
- -14%
- 52-Week Range
- $23.20 – $25.24
- Dividend Safety
- B · 78/100
- Ever Cut?
- No
Frequently Asked Questions
FHN-PE Price — Last 12 Months
Daily close
Price Return
1 Year
-5%
3 Years
+12%
5 Years
-14%
52-Week Range
$23.20 – $25.24
Price change over each period (excludes dividends). Past performance doesn't guarantee future results.
What is FHN-PE worth?
Undervaluedlow confidenceOur blended fair-value estimate for First Horizon Corporation is $54.88 per share, versus a market price of $23.50. That implies 134% of upside — a margin of safety of about 57%.
Fair Value
$54.88
Current Price
$23.50
Upside
+134%
Margin of Safety
57%
How we get there
Dividend discount
Discounts the future dividend stream back to today.
Earnings multiple (Graham)
Graham's earnings-multiple formula, anchored to bond yields.
Assumptions: 7.4% discount rate (CAPM), 16.1% stage-1 growth, 2.5% terminal growth, $1.68 EPS, $1.63 annual dividend. Updated weekly.
Fair-value estimates are model output for educational purposes only — not investment advice or a price target.
FHN-PE Dividend Safety Score
Safe
SmarterDividends' proprietary score, backtested against which dividends were actually cut over 15+ years (0.78 AUC). It blends a validated cut-risk model (growth streak, cut history) with current payout, cash-flow and debt. Higher is safer · not investment advice.
Dividend Growth
Total dividends per share by year
Dividend History
| Ex-Date | Pay Date | Amount | Type |
|---|---|---|---|
| Jun 25, 2026 | — | $0.4063 | regular |
| Mar 26, 2026 | — | $0.4063 | regular |
| Dec 26, 2025 | — | $0.4063 | regular |
| Sep 25, 2025 | — | $0.4063 | regular |
| Jun 25, 2025 | — | $0.4063 | regular |
| Mar 26, 2025 | — | $0.4063 | regular |
| Dec 26, 2024 | — | $0.4063 | regular |
| Sep 25, 2024 | — | $0.4063 | regular |
| Jun 25, 2024 | — | $0.4063 | regular |
| Mar 25, 2024 | — | $0.4063 | regular |
| Dec 22, 2023 | — | $0.4063 | regular |
| Sep 22, 2023 | — | $0.4063 | regular |
| Jun 22, 2023 | — | $0.4063 | regular |
| Mar 23, 2023 | — | $0.4063 | regular |
Income Calculator
At $1.63 / yr per share
