Looking at the universe of stocks we cover at Dividend Channel , on 9/6/18, First Horizon National Corp (Symbol: FHN), Regions Financial Corp (Symbol: RF), and OUTFRONT Media Inc (Symbol: OUT) will all trade ex-dividend for their respective upcoming dividends. First Horizon National Corp will pay its quarterly dividend of $0.12 on 10/1/18, Regions Financial Corp will pay its quarterly dividend of $0.14 on 10/1/18, and OUTFRONT Media Inc will pay its quarterly dividend of $0.36 on 9/28/18. As a percentage of FHN's recent stock price of $18.45, this dividend works out to approximately 0.65%, so look for shares of First Horizon National Corp to trade 0.65% lower - all else being equal - when FHN shares open for trading on 9/6/18. Similarly, investors should look for RF to open 0.72% lower in price and for OUT to open 1.81% lower, all else being equal.
Below are dividend history charts for FHN, RF, and OUT, showing historical dividends prior to the most recent ones declared.
First Horizon National Corp (Symbol: FHN) :
Regions Financial Corp (Symbol: RF) :
OUTFRONT Media Inc (Symbol: OUT) :
In general, dividends are not always predictable, following the ups and downs of company profits over time. Therefore, a good first due diligence step in forming an expectation of annual yield going forward, is looking at the history above, for a sense of stability over time. This can help in judging whether the most recent dividends from these companies are likely to continue. If they do continue, the current estimated yields on annualized basis would be 2.60% for First Horizon National Corp, 2.87% for Regions Financial Corp, and 7.24% for OUTFRONT Media Inc.
In Tuesday trading, First Horizon National Corp shares are currently up about 0.2%, Regions Financial Corp shares are up about 0.1%, and OUTFRONT Media Inc shares are up about 0.1% on the day.
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The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
