First Horizon National Corp.'s board of directors has approved payment of a quarterly cash dividend on its common stock of $.07 per share. The dividend is payable on Jan. 3, 2017, to the common shareholders of record on Dec. 9.
The board of directors has also approved payment of a quarterly cash dividend of $1,550.00 per share on FHN's Non-Cumulative Perpetual Preferred Stock, Series A ("Series A Preferred Stock"). This equates to a cash dividend of $.387500 per Depositary Share (NYSE:FHN PrA), which each represent a 1/4000th interest in a share of the Series A Preferred Stock.
The dividend is payable on Jan. 10, 2017, to shareholders of record on Dec. 23.