First Horizon Corporation on Tuesday announced that its board of directors has declared a quarterly common stock dividend of $0.15 per share. The dividend is payable on Oct. 1 to shareholders of record at the close of business on Sept. 10.
Cash dividends were also approved on the Company’s Series C, Series D, Series E and Series F Preferred Stock, and on First Horizon Bank’s Class A Non-Cumulative Perpetual Preferred Stock, as follows:
FHN Series C
Quarterly cash dividend of $165.00 per share on FHN’s 6.60 percent Fixed to Floating Non-Cumulative Perpetual Preferred Stock, Series C. This equates to a cash dividend of $0.4125 per Depositary Share, which each represent a 1/400th interest in a share of the Series C Preferred Stock. The dividend is payable on Nov. 1 to shareholders of record at the close of business on Oct. 15.
FHN Series D
Semi-annual cash dividend of $305.00 per share on FHN’s 6.10 percent Fixed to Floating Non-Cumulative Perpetual Preferred Stock, Series D. This equates to a cash dividend of $0.7625 per Depositary Share, which each represent a 1/400th interest in a share of the Series D Preferred Stock. The dividend is payable on Nov. 1 to shareholders of record at the close of business on Oct. 15.
FHN Series E
Quarterly cash dividend of $1,625.00 per share on FHN’s 6.50 percent Non-Cumulative Perpetual Preferred Stock, Series E. This equates to a cash dividend of $0.40625 per Depositary Share (NYSE: FHN PRE), which each represent a 1/4,000th interest in a share of the Series E Preferred Stock. The dividend is payable on Oct. 12 to shareholders of record at the close of business on Sept. 24.
FHN Series F
Quarterly cash dividend of $1,175.00 per share on FHN’s 4.70 percent Non-Cumulative Perpetual Preferred Stock, Series F. This equates to a cash dividend of $0.29375 per Depositary Share, which each represent a 1/4,000th interest in a share of the Series F Preferred Stock. The dividend is payable on Oct. 12 to shareholders of record at the close of business on Sept. 24.
First Horizon Bank Class A
Quarterly cash dividend of $9.58333 per share on First Horizon Bank’s Class A Non-Cumulative Perpetual Preferred Stock. The dividend is payable on Oct. 12 to shareholders of record at the close of business on Sept. 24.