First Horizon National (FHN) Raises Dividend, Announces $100M Buyback

January 23, 2013 4:20 PM EST
First Horizon National Corp. (NYSE: FHN) declared a quarterly dividend of $0.05 per share, or $0.2 annualized. This is a 400% increase from the prior dividend of $0.01.

The dividend will be payable on April 1, 2013, to stockholders of record on March 15, 2013, with an ex-dividend date of March 13, 2013.

The annual yield on the dividend is 2 percent.

The company also announced a $100 million increase in its stock buyback program.

For a dividend history and other dividend-related data on First Horizon National Corp. (FHN) click here.

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