BB&T Corp. (BBT) Raises Quarterly Dividend 13.6% to $0.375; 2.8% Yield

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BB&T announces second-quarter dividends

April 24, 2018 2:18 PM EDT

WINSTON-SALEM, N.C., April 24, 2018 /PRNewswire/ -- The board of directors of BB&T Corporation (NYSE: BBT) today declared the following regular quarterly dividends payable June 1, 2018, to shareholders of record at the close of business May 11, 2018:

A dividend of $0.375 per common share, reflecting a 13.6% increase as previously announced in February as BB&T shares tax reform benefits with shareholders 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... More