BB&T Corp. (BBT) Raises Quarterly Dividend 3.7% to $0.28; 3.1% Yield

BB&T Corp. (NYSE: BBT) declared a quarterly dividend of $0.28 per share, or $1.12 annualized. This is a 3.7% increase from the prior dividend of $0.27.

The dividend will be payable on June 1, 2016, to stockholders of record on May 13, 2016, with an ex-dividend date of May 11, 2016.

The annual yield on the dividend is 3.1 percent.

In addition, the board declared the following regular quarterly dividends payable June 1, 2016, to shareholders of record at the close of business May 13, 2016:

• 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)
• 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 H Non-Cumulative Perpetual Preferred Stock (NYSE: BBT PrH)

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

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