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.
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