First Horizon National (FHN) Adds $150M to Buyback Plan; Declares $0.07 Quarterly Dividend

First Horizon National (NYSE: FHN) announced board of directors expanded First Horizon’s 2014 common share purchase program based on the strong financial position of the company. As amended the program provides First Horizon with $150 million of new authority, or approximately $210 million in currently available authority, to make share purchases, and it will expire on Jan. 31, 2018.

The company declared a quarterly dividend of $0.07 per share, or $0.28 annualized. The dividend will be payable on July 1, 2016, to stockholders of record on June 10, 2016, with an ex-dividend date of June 8, 2016. The annual yield on the dividend is 1.9 percent.

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

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