First Horizon Declares Cash Dividends on Common and Preferred Stock
First Horizon Corporation declared a quarterly cash dividend of $0.17 per share on its common stock, payable January 4, 2027. It also declared dividends on its Series E, F, H preferred stocks and First Horizon Bank's Class A preferred stock, all payable January 11, 2027. The company has $84.3 billion in assets as of September 30, 2026.
How this was made
The 30-second read
Why it matters
The dividend announcement provides a fresh cash return signal, likely prompting income investors to consider the stock.
Market read
Dividend news is a primary corporate action that can move the stock modestly in the short term.
What to watch
The payout ratios and bank's earnings stability could affect the sustainability of the new dividends.
Background
First Horizon is a regional financial services firm with $84.3 bn in assets, operating in 12 southern US states.
Ticker impact
First Horizon announced quarterly cash dividends for its common and multiple series of preferred stock.
likely modest upside as the market prices in the new dividend yield
Dividends are a tangible cash return; the announcement is new and material for a regional bank, prompting short-term buying pressure.
Market effects
May boost sentiment toward regional banking stocks as dividend yields become more attractive.
Potential modest lift for US mid‑cap financials in the Memphis region.
Limited to US equity markets; no broader global effect.
Counterpoint
If interest rates rise further, the dividend yield may become less competitive, limiting upside.
Key entities
- companyFirst Horizon Corporation
Issuer of the announced common and preferred stock dividends.
