Join today and have your say! It’s FREE!

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Please Try Again
{{ error }}
By providing my email, I consent to receiving investment related electronic messages from Stockhouse.

or

Sign In

Please Try Again
{{ error }}
Password Hint : {{passwordHint}}
Forgot Password?

or

Please Try Again {{ error }}

Send my password

SUCCESS
An email was sent with password retrieval instructions. Please go to the link in the email message to retrieve your password.

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.

BB&T announces common stock dividend

TFC

WINSTON-SALEM, N.C., July 21, 2015 /PRNewswire/ -- The board of directors of BB&T Corporation (NYSE: BBT) today declared the following regular quarterly dividends payable Sept. 1, 2015, to shareholders of record at the close of business Aug. 14, 2015:

  • A dividend of $0.27 per common share.
  • A dividend of $365.625 per share (equivalent to $0.365625 per depositary share or 1/1,000th interest per share) on BB&T's Series D Non-Cumulative Perpetual Preferred Stock (NYSE: BBT PrD)
  • A dividend of $351.5625 per share (equivalent to $0.3515625 per depositary share or 1/1,000th interest per share) on BB&T's Series E Non-Cumulative Perpetual Preferred Stock (NYSE: BBT PrE)
  • A dividend of $325.000 per share (equivalent to $0.325000 per depositary share or 1/1,000th interest per share) on BB&T's Series F Non-Cumulative Perpetual Preferred Stock (NYSE: BBT PrF)
  • A dividend of $325.000 per share (equivalent to $0.325000 per depositary share or 1/1,000th interest per share) on BB&T's Series G Non-Cumulative Perpetual Preferred Stock (NYSE: BBT PrG)

BB&T has approximately 733 million shares of common stock, 23 million depositary shares related to its Series D Non-Cumulative Perpetual Preferred Stock, 46 million depositary shares related to its Series E Non-Cumulative Perpetual Preferred Stock, 18 million depositary shares related to its Series F Non-Cumulative Perpetual Preferred Stock and 20 million depositary shares related to its Series G Non-Cumulative Perpetual Preferred Stock.

BB&T has paid a cash dividend to shareholders of its common stock every year since 1903.

About BB&T
BB&T is one of the largest financial services holding companies in the U.S. with $191 billion in assets and market capitalization of $29.6 billion, as of June 30, 2015. Based in Winston-Salem, N.C., the company operates 1,903 financial centers in 13 states and Washington, D.C., and offers a full range of consumer and commercial banking, securities brokerage, asset management, mortgage and insurance products and services. A Fortune 500 company, BB&T is consistently recognized for outstanding client satisfaction by the U.S. Small Business Administration, Greenwich Associates and others. More information about BB&T and its full line of products and services is available at BBT.com.

To view the original version on PR Newswire, visit:http://www.prnewswire.com/news-releases/bbt-announces-common-stock-dividend-300116503.html

SOURCE BB&T Corporation



Get the latest news and updates from Stockhouse on social media

Follow STOCKHOUSE Today