BB&T Corp. (BBT) Raises Quarterly Dividend 8% to $0.405; 3.2% Yield

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Go back to BB&T Corp. (BBT) Raises Quarterly Dividend 8% to $0.405; 3.2% Yield

BB&T announces third-quarter dividends

July 24, 2018 1:54 PM EDT

WINSTON-SALEM, N.C., July 24, 2018 /PRNewswire/ -- The board of directors of BB&T Corporation (NYSE: BBT) today declared a quarterly common stock cash dividend increase of $0.03 to $0.405 per share payable Sept. 4, 2018, to shareholders of record at the close of business Aug. 10, 2018. The increase is in connection with BB&T's 2018 capital plan filed and approved this year.

This 8-percent increase is in addition to BB&T's previously announced 13.6-percent increase in the common quarterly dividend earlier this year.

The board also declared the following regular quarterly dividend payable Sept. 4, 2018,... More