BB&T Corp. (BBT) Raises Quarterly Dividend 25% to $0.20; 2.6% Yield

BB&T Corp. (NYSE: BBT) declared a quarterly dividend of $0.20 per share, or $0.8 annualized. This is a 25% increase from the prior dividend of $0.16.

The dividend will be payable on May 1, 2012, to stockholders of record on April 9, 2012, with an ex-dividend date of April 4, 2012. The annual yield on the dividend is 2.6 percent.

After a review of BB&T's 2012 capital plan and projections under a hypothetical economic scenario that is more adverse than actually expected, the Federal Reserve today did not object to any of BB&T's requests related to capital actions in 2012. BB&T's performance was among industry leaders in recent years, as BB&T did not report a net loss in any quarter during the economic downturn, maintaining strong levels of capital and liquidity.

For a dividend history and other dividend-related data on BB&T Corp. (BBT) click here.

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