MEMPHIS, Tenn., Oct. 19, 2005 (PRIMEZONE) -- Today First Horizon National Corporation's (NYSE:FHN) board of directors declared a dividend of $.45 per share payable on Jan. 1, 2006, to shareholders of record on Dec. 16, 2005. This action increases First Horizon's quarterly dividend rate 4.7 percent, from $.43 per share. With the increase, the annual dividend rate will be $1.80 per share. This is the 437th consecutive quarter that First Horizon has paid a dividend.
About First Horizon
The 13,000 employees of First Horizon National Corp. (NYSE:FHN) provide financial services to individuals and business customers through hundreds of offices located in more than 40 states. The corporation's three major brands -- FTN Financial, First Horizon and First Tennessee -- provide customers with a broad range of products and services including:
-- Capital markets, one of the nation's top underwriters of U.S.
government agency securities
-- Mortgage banking, one of the nation's top 20 mortgage originators
and top 15 servicers, which earned a top-10 ranking in customer
satisfaction from J.D. Power and Associates
-- Retail/commercial banking, with the largest market share in
Tennessee and one of the highest customer retention rates of any
bank in the country
FHN companies have been recognized as some of the nation's best employers by AARP, Working Mother and Fortune magazines. FHN also was named one of the nation's 100 best corporate citizens by Business Ethics magazine. More information can be found at www.fhnc.com.