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

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

BB&T announces 3.7-percent increase in common dividend

April 26, 2016 2:39 PM EDT

WINSTON-SALEM, N.C., April 26, 2016 /PRNewswire/ -- The board of directors of BB&T Corporation (NYSE: BBT) today declared a quarterly common stock dividend increase of $.01 to $.28 per share payable June 1, 2016, to shareholders of record at the close of business May 13, 2016. The increase is in connection with BB&T's 2015 capital plan filed last year. The board may consider another increase effective in the third quarter based on the 2016 capital plan.

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:... More