First Horizon National Corp.'s FHN board of directors has approved payment of a quarterly cash dividend on its common stock of $.01 per share. The dividend is payable on April 1, 2011, to the common shareholders of record on March 11, 2011.
This marks a return to paying the quarterly dividend in cash. Since Oct. 1, 2008, First Horizon has distributed its quarterly dividend in the form of stock dividends.
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