NEW YORK ( TheStreet) -- The ex-dividend date for First Horizon National (NYSE: FHN) is tomorrow, December 14, 2011. Owners of shares as of market close today will be eligible for a dividend of one cent per share. At a price of $7.70 as of 10:10 a.m. ET, the dividend yield is 0.5%.

The average volume for First Horizon has been 5.5 million shares per day over the past 30 days. First Horizon has a market cap of $2.06 billion and is part of the financial sector and banking industry. Shares are down 33.5% year to date as of the close of trading on Monday.

First Horizon National Corporation operates as the holding company for First Tennessee Bank National Association, which provides various financial services in the United States and internationally. The company has a P/E ratio of 65.2, above the average banking industry P/E ratio of 46.3 and above the S&P 500 P/E ratio of 17.7.

TheStreet Ratings rates First Horizon as a hold. The company's strengths can be seen in multiple areas, such as its impressive record of earnings per share growth, expanding profit margins and notable return on equity. However, as a counter to these strengths, we also find weaknesses including a generally disappointing performance in the stock itself and weak operating cash flow. You can view the full First Horizon Ratings Report.

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