5 Worst Performing Dividend Stocks YTD

3. First Horizon Corporation (NYSE:FHN)

Year-to-Date Share Price Drop as of September 13: 52.25%

First Horizon Corporation (NYSE:FHN) is an American financial services company that suffered a decline in its share price due to the ongoing banking crisis. The stock is down by 52.2% so far this year, which makes it one of the worst performing dividend stocks on our list. The company pays a quarterly dividend of $0.15 per share and has a dividend yield of 5.23%, as of September 13.

At the end of June 2023, 50 hedge funds owned stakes in First Horizon Corporation (NYSE:FHN), as per Insider Monkey’s database. The collective value of these investments is over $958.6 million.