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First Horizon Corporation Dividends

FHN Stock Analysis

Page title

Section title

Dividend Yield
3%
Payout Ratio
43.80%
Dividend Amount Per Share
$0.60
Last Ex-Dividend Date
Dec 13, 2024

FHN Dividend Safety

FHN paid out 43.80% of its $897M earnings as dividends over the last 12 months.

Safe

  1. Very Unsafe

  2. Unsafe

  3. Somewhat Safe

  4. Safe

  5. Very Safe

Dividend Payout Ratio

FHN's Dividend Payout Ratio of 43.796% is considered safe for the Financial Services sector, indicating that the company retains enough earnings to support business growth.

Interest Rate Coverage

FHN's Interest Coverage Ratio of 0.877 poses a risk, signaling financial challenges due to insufficient earnings to cover interest expenses.

Income Quality

FHN shows excellent income quality with a ratio of 1.391. This indicates high-quality earnings and low risk of dividend cuts.

FHN Dividend Growth

First Horizon Corporation(FHN) offers a dividend yield of 3% and pays $0.60 in dividends per share. Explore the historical dividend growth of FHN.

Dividend Stability

FHN has maintained stable dividend payments over the past 11 years with no cuts over 5%.

Dividend Growth

FHN's dividend payments have shown very poor growth, growing by 1.389% over the last 5 years.

Earnings Growth

FHN's earnings have grown by 15.263% annually over the last 5 years. This strong earnings growth suggests a stable and increasing income stream, supporting the sustainability and potential growth of dividend payouts.

FHN Dividend Yield Attractiveness

First Horizon Corporation(FHN) provides a dividend yield of 3%. Compare this with the averages of its peers, industry, and sector to see how it stacks up.

Yield %

FHN

Peers

Sector

Industry

3%

3.40%

3.71%

3.83%

Dividend Yield

FHN's dividend yield of 3% is considered good compared to the sector average of 3.713%, providing a strong safety margin for investors.

FHN Cash Flow

Over the past 12 months, FHN generated $3B in revenue, produced $1B in free cash flow, and distributed $371M in dividends.

100%75%50%25%0%

Free Cash Flow Growth

FHN's free cash flow has grown by 10.069% annually over the last 5 years, indicating a strong ability to generate cash and support dividend payments.

FHN Free Cash Flow and Dividends Paid

This chart shows the Free Cash Flow (FCF) and the portion of FCF used to pay dividends each year by First Horizon Corporation. The filled portion of the bar represents the dividends paid, while the remaining portion represents the remaining FCF.