First Horizon Declares Cash Dividends on Common and Preferred Stock
First Horizon Corporation (NYSE: FHN) said its board declared a quarterly cash dividend of $0.17 per share on common stock, payable Oct. 1, 2026 to holders of record Sept. 11. It also declared dividends on FHN Series E ($1,625), Series F ($1,175), Series H ($1,687.50) preferred and First Horizon Bank Class A non-cumulative perpetual preferred, payable Oct. 13 to holders of record Sept. 28.
How this was made
The 30-second read
Why it matters
This is a capital return update with defined payment and record dates. It may modestly influence dividend-focused flows and preferred pricing, but the article does not provide new profitability, credit, or capital-adequacy information.
Market read
Traders may adjust income positioning around the record date and dividend payment, but there is no new earnings or capital guidance to drive a major repricing.
What to watch
Preferred dividend schedules and depositary share payouts can matter for preferred holders, but common-stock traders may discount the news if it is not tied to earnings or buybacks.
Background
The company announced quarterly cash dividends on both common stock and multiple series of non-cumulative perpetual preferred stock, including depositary share equivalents.
Ticker impact
First Horizon’s board declared a quarterly cash dividend of $0.17 per common share, payable Oct. 1, 2026, with Sept. 11 record date.
Likely limited, with any near-term effect more sentiment-driven than valuation-driven.
The article provides a new, specific dividend and payment schedule for common and preferred shares, but no guidance, earnings, or balance-sheet changes.
Market effects
Regional banks may see mild read-across for capital return expectations, but this is company-specific and not a sector-wide signal.
Primarily affects First Horizon’s shareholder base; limited spillover to other regional banks.
Low global relevance; dividend mechanics are localized to the issuer’s capital return policy.
Counterpoint
The dividend amount may be viewed as routine and not indicative of improved earnings power, limiting upside follow-through.
Key entities
- issuerFirst Horizon Corporation
Declared quarterly cash dividends on common stock and multiple preferred series, with specified payment and record dates.
- preferred_stockFHN Series E Preferred
Declared quarterly cash dividend of $1,625.00 per share, payable Oct. 13, 2026; depositary share equivalent provided.
- preferred_stockFHN Series F Preferred
Declared quarterly cash dividend of $1,175.00 per share, payable Oct. 13, 2026; depositary share equivalent provided.
- preferred_stockFHN Series H Preferred
Declared quarterly cash dividend of $1,687.50 per share, payable Oct. 13, 2026; depositary share equivalent provided.
- preferred_stockFirst Horizon Bank Class A Non-Cumulative Perpetual Preferred Stock
Declared quarterly cash dividend of $12.82318 per share, payable Oct. 13, 2026.
