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First Horizon Declares Cash Dividends on Common and Preferred Stock

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MEMPHIS, Tenn., April 29, 2025 /PRNewswire/ -- First Horizon Corporation (NYSE: FHN or the "Company") today announced that its board of directors declared a quarterly cash dividend of $0.15 per share on FHN's common stock. The dividend is payable on July 1, 2025, to shareholders of record at the close of business on June 13, 2025.

(PRNewsfoto/First Horizon Corporation)
(PRNewsfoto/First Horizon Corporation)

Preferred Dividend Information

Cash dividends were also declared on the Company's Series B, Series C, Series E and Series F Preferred Stock, and on First Horizon Bank's Class A Non-Cumulative Perpetual Preferred Stock, as follows:

FHN Series B

Semi-annual cash dividend of $331.25 per share on FHN's 6.625% Fixed-to-Floating Non-Cumulative Perpetual Preferred Stock, Series B ("Series B Preferred Stock"). This equates to a cash dividend of $0.828125 per Depositary Share (NYSE: FHN PRB), each of which represents a 1/400th interest in a share of the Series B Preferred Stock. The dividend is payable on August 1, 2025, to shareholders of record at the close of business on July 17, 2025.

FHN Series C

Quarterly cash dividend of $165.00 per share on FHN's 6.60% Fixed-to-Floating Non-Cumulative Perpetual Preferred Stock, Series C ("Series C Preferred Stock"). This equates to a cash dividend of $0.4125 per Depositary Share (NYSE: FHN PRC), each of which represents a 1/400th interest in a share of the Series C Preferred Stock. The dividend is payable on August 1, 2025, to shareholders of record at the close of business on July 17, 2025.

FHN Series E

Quarterly cash dividend of $1,625.00 per share on FHN's 6.50% Non-Cumulative Perpetual Preferred Stock, Series E ("Series E Preferred Stock"). This equates to a cash dividend of $0.40625 per Depositary Share (NYSE: FHN PRE), each of which represents a 1/4,000th interest in a share of the Series E Preferred Stock. The dividend is payable on July 10, 2025, to shareholders of record at the close of business on June 25, 2025.

FHN Series F

Quarterly cash dividend of $1,175.00 per share on FHN's 4.70% Non-Cumulative Perpetual Preferred Stock, Series F ("Series F Preferred Stock"). This equates to a cash dividend of $0.29375 per Depositary Share (NYSE: FHN PRF), each of which represents a 1/4,000th interest in a share of the Series F Preferred Stock. The dividend is payable on July 10, 2025, to shareholders of record at the close of business on June 25, 2025.

First Horizon Bank Class A

Quarterly cash dividend of $13.45240 per share on First Horizon Bank's Class A Non-Cumulative Perpetual Preferred Stock. The dividend is payable on July 10, 2025, to shareholders of record at the close of business on June 25, 2025.