#United States #Memphis #dividends #First Horizon Corporation #FHN

First Horizon Corporation to Distribute Quarterly Cash Dividends

On April 29, 2025, First Horizon Corporation, traded as NYSE: FHN, made a significant announcement regarding its financial commitments to shareholders. The company’s board of directors declared a quarterly cash dividend of $0.15 per share on its common stock. This expected payout is scheduled to occur on July 1, 2025, benefiting shareholders who hold their shares until the record date on June 13, 2025.

The announcement marks a continuation of First Horizon’s strategy to provide value to its investors, showcasing solid financial health within a competitive market.

Details About Preferred Dividends

In addition to the common stock dividend, First Horizon has also revealed cash dividends on various series of its preferred stock, demonstrating an overall commitment to enhancing shareholder value. The details are as follows:

• - Series B: The company will distribute a semi-annual cash dividend of $331.25 per share on its 6.625% Fixed-to-Floating Non-Cumulative Perpetual Preferred Stock, Series B. This translates to $0.828125 per Depositary Share, which represents a fractional interest in a share of Series B Preferred Stock. Payment is set for August 1, 2025, for shareholders of record by July 17, 2025.
• - Series C: Shareholders holding Series C Preferred Stock will receive a quarterly cash dividend of $165.00 per share, equating to $0.4125 per Depositary Share. Payments will also occur on August 1, 2025 for record holders on July 17, 2025.
• - Series E: The quarterly cash dividend here is $1,625.00 per share, reflecting $0.40625 per Depositary Share, with payments scheduled for July 10, 2025, and a record date of June 25, 2025.
• - Series F: A quarterly cash dividend of $1,175.00 per share will be distributed, amounting to $0.29375 per Depositary Share. Shareholders can expect this payment on July 10, 2025, with June 25, 2025 as the record date.
• - Additionally, First Horizon Bank will pay a quarterly cash dividend of $13.45240 per share on its Class A Non-Cumulative Perpetual Preferred Stock, which is also due on July 10, 2025, paying out to shareholders recorded by June 25, 2025.

Company Overview

First Horizon Corporation is headquartered in Memphis, TN, and is recognized as a leading regional financial services provider. With approximately $81.5 billion in assets as of the end of March 2025, First Horizon focuses on empowering clients and communities through diverse banking services that include commercial, private banking, consumer products, and wealth management solutions.

Its subsidiaries, including First Horizon Bank, span 12 states across the southern United States, solidifying First Horizon's reputation not just as a financial institution but also as an employer of choice, receiving accolades from Fortune and Forbes magazines for being among the best employers and most reputable banks in the U.S. For more information about First Horizon, visit www.FirstHorizon.com.

Overall, the dividend declarations reflect First Horizon's ongoing commitment to its shareholders and confidence in its future growth and stability.