First Horizon National (FHN) Raises Quarterly Dividend 16.7% to $0.14; Approves Additional $250M Buyback

First Horizon National (NYSE: FHN) declared a quarterly dividend of $0.14 per share, or $0.56 annualized. This is a 16.7% increase from the prior dividend of $0.12.

The dividend will be payable on April 1, 2019, to stockholders of record on March 15, 2019, with an ex-dividend date of March 14, 2019.

The annual yield on the dividend is 3.8 percent.

The board amended the common share purchase program to provide First Horizon with $250 million of additional share purchase authority for a new total authorization of $500 million. The program was also extended by one year to expire on January 31, 2021 and has approximately $400 million of remaining authorization. 1

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

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