Page title
Section title
- Dividend Yield
- 3.80%
- Payout Ratio
- 49.59%
- Dividend Amount Per Share
- $0.60
- Last Ex-Dividend Date
- Sep 13, 2024
FHN Dividend Safety
FHN paid out 49.59% of its $897M earnings as dividends over the last 12 months.
Safe
Very Unsafe
Unsafe
Somewhat Safe
Safe
Very Safe
Dividend Payout Ratio
FHN's Dividend Payout Ratio of 49.587% 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 0.532 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 3.80% 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 10 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 3.80%. Compare this with the averages of its peers, industry, and sector to see how it stacks up.
Yield %
3.73%
3.80%
3.98%
4.13%
Dividend Yield
FHN's dividend yield of 3.8% is considered good compared to the sector average of 3.73%, providing a strong safety margin for investors.
FHN Cash Flow
Over the past 12 months, FHN generated $3B in revenue, produced $2B in free cash flow, and distributed $371M in dividends.
Free Cash Flow Growth
FHN's free cash flow has grown by 9.165% 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.