First Horizon's Preferred Stock, Series B Shares Cross 6.5% Yield Mark
Neutral
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In trading on Tuesday, shares of First Horizon Corp's 6.625% Fixed-to-Floating Non-Cumulative Perpetual Preferred Stock, Series B (Symbol: FHN.PRB) were yielding above the 6.5% mark based on its semi-annual dividend (annualized to $1.6562), with shares changing hands as low as $
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