FHN-E First Horizon National ADRs of 6.5% Non-Cumulative Perpetual Preferred Stock, Series E
Holders of Series E Preferred Stock will be entitled to receive dividend payments only when, as and if declared by our board of directors and to the extent that we have legally available funds to pay dividends. Any such dividends will be payable from the date of original issue, in arrears on each January 10, April 10, July 10 and October 10, commencing October 10, 2020, at a rate per annum equal to 6.500%. We may, at our option, redeem the Series E Preferred Stock (i) in whole or in part, from time to time, on any dividend payment date on or after October 10, 2025 or (ii) in whole, but not in part, at any time within 90 days of a Regulatory Capital Event in each case at a redemption price equal to $25 per depositary share, plus any declared and unpaid dividends. This security was issued by First Horizon National Corp, whose common stock symbol is FHN.
$20.17 +0.87 (4.51%)
As of 03/27/2023 11:53:51 EST IEX book CBOE book
Security Information
Category1: US Equity
Category2: Preferred stocks
Category3: Non-convertible
GICS sector: Financials
Industry: Banks-Regional
Index country: USA
Country of incorporation: USA
IPO date: 06/16/2020
Outstanding shares: 6,000,000
Average volume: 3,923
Market cap: $153,300,000
Current dividend yield: 6.36% calculation
Coupon rate: 6.500%
Cumulative: No
Liquidation value: $25.00
Callable after: 10/10/2025
Maturity date: n/a - perpetual
Prospectus: Read on SEC.gov
All SEC filings: SEC Edgar Online
Quarterly filings: 10-Q
Annual filings: 10-K
Sedol: