First Horizon Stock To Go Ex-dividend Tomorrow (FHN)

Editor's Note: TheStreet ratings do not represent the views of TheStreet's staff or its contributors. Ratings are established by computer based on metrics for performance (which includes growth, stock performance, efficiency and valuation) and risk (volatility and solvency). Companies with poor cash flow or high debt levels tend to earn lower ratings in our model

NEW YORK ( TheStreet) -- The ex-dividend date for First Horizon National (NYSE: FHN) is tomorrow, September 12, 2012. Owners of shares as of market close today will be eligible for a dividend of one cent per share. At a price of $9.40 as of 9:30 a.m. ET, the dividend yield is 0.4%.

The average volume for First Horizon has been 5.1 million shares per day over the past 30 days. First Horizon has a market cap of $2.33 billion and is part of the financial sector and banking industry. Shares are up 17.1% year to date as of the close of trading on Monday.

First Horizon National Corporation operates as a bank holding company for First Tennessee Bank National Association that provides various financial services. It offers general banking services for consumers, businesses, financial institutions, and governments. The company has a P/E ratio of 28.4, 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 solid stock price performance and expanding profit margins. However, as a counter to these strengths, we also find weaknesses including deteriorating net income, disappointing return on equity and weak operating cash flow. You can view the full First Horizon Ratings Report.

See our dividend calendar or top-yielding stocks list.

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