First Horizon Boosts Shareholder Value with Dividend Announcements and Strong Financial Strategies
- First Horizon announces a quarterly cash dividend of $0.15 per share, reinforcing shareholder value commitment.
- The company also declares dividends for preferred stocks, indicating strong financial health and investor focus.
- First Horizon's total assets are $82.1 billion, highlighting its prominent position in the southern U.S. financial market.
First Horizon Enhances Shareholder Value Through Dividend Announcements
First Horizon Corporation, a major player in the regional financial services sector, reinforces its commitment to shareholder value with the announcement of its quarterly cash dividend and preferred stock dividends. The company declares a cash dividend of $0.15 per share on its common stock, which is set to be paid on October 1, 2025, for shareholders recorded by September 12, 2025. This move signifies First Horizon's ongoing dedication to providing returns to its investors amid a competitive banking landscape. As a regional bank headquartered in Memphis, TN, First Horizon offers a variety of financial services, positioning itself as a trusted partner for both personal and business banking needs.
In addition to the common stock dividend, First Horizon also discloses cash dividends for its preferred stocks, demonstrating a robust financial standing. The Series C preferred stock will yield a dividend of $165.00 per share, and the Series E and Series F preferred stocks will yield $1,625.00 and $1,175.00 per share, respectively. These dividends translate into specific amounts per Depositary Share, showing the company's commitment to various classes of investors. The announcement of these dividends reflects First Horizon's stable earnings and strategic focus on enhancing shareholder returns through a consistent dividend policy.
With total assets reaching $82.1 billion as of June 30, 2025, First Horizon stands as a prominent financial institution in the southern United States. The company operates primarily through its banking subsidiary, First Horizon Bank, offering a wide range of services that include commercial banking, wealth management, and mortgage banking. Moreover, First Horizon's reputation is bolstered by its recognition as one of the Top 10 Most Reputable companies in the nation, as well as accolades for its workplace culture from Fortune and Forbes magazines. This strong reputation not only strengthens its market position but also enhances customer trust and loyalty.
In other relevant developments, First Horizon's strategic focus on expanding its service offerings and improving customer experience continues to be pivotal. As the financial services industry evolves, First Horizon's emphasis on adapting to market conditions and shareholder expectations positions it well for sustainable growth. The company's commitment to maintaining a strong balance sheet while delivering value to its stakeholders remains a cornerstone of its operational strategy.
