WINSTON-SALEM, N.C.,
Oct. 25, 2016 /PRNewswire/
-- The board of directors of BB&T Corporation (NYSE: BBT)
today declared the following regular quarterly dividends payable
Dec. 1, 2016, to shareholders of
record at the close of business Nov. 10,
2016:
- A dividend of $0.30 per common
share
- 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)
BB&T has approximately 811 million shares of common stock as
of Sept. 30, 2016; 23 million
depositary shares related to its Series D Non-Cumulative Perpetual
Preferred Stock; 46 million depositary shares related to its Series
E Non-Cumulative Perpetual Preferred Stock; 18 million depositary
shares related to its Series F Non-Cumulative Perpetual Preferred
Stock; 20 million depositary shares related to its Series G
Non-Cumulative Perpetual Preferred Stock; and 19 million depositary
shares related to its Series H Non-Cumulative Perpetual Preferred
Stock.
BB&T has paid a cash dividend to shareholders of its common
stock every year since 1903.
About BB&T
BB&T is one of the largest
financial services holding companies in the U.S. with approximately
$222.6 billion in assets and market
capitalization of approximately $30.6
billion, as of Sept. 30, 2016.
Based in Winston-Salem, N.C., the
company operates 2,220 financial centers in 15 states and
Washington, D.C., and offers a
full range of consumer and commercial banking, securities
brokerage, asset management, mortgage and insurance products and
services. A Fortune 500 company, BB&T is recognized
consistently for outstanding client satisfaction by the U.S. Small
Business Administration, Greenwich Associates, and others. BB&T
also has been named one of the World's Strongest Banks by
Bloomberg Markets Magazine, one of the top three in the U.S.
and in the top 15 globally. More information about BB&T and its
full line of products and services is available at BBT.com.
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SOURCE BB&T Corporation