WINSTON-SALEM, N.C.,
Oct. 23, 2017 /PRNewswire/ -- The
board of directors of BB&T Corporation (NYSE: BBT) today
declared the following regular quarterly dividends payable
Dec. 1, 2017, to shareholders of
record at the close of business Nov. 10,
2017:
- A dividend of $0.33 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 789 million shares of common stock as
of Sept. 30, 2017; 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 $220.3 billion in assets and market
capitalization of approximately $37.0
billion, as of Sept. 30, 2017.
Building on a long tradition of excellence in community banking,
BB&T offers a wide range of financial services including retail
and commercial banking, investments, insurance, wealth management,
asset management, mortgage, corporate banking, capital markets and
specialized lending. Based in Winston-Salem, N.C., the company operates more
than 2,100 financial centers in 15 states and Washington, D.C. A Fortune 500 company,
BB&T is recognized consistently for outstanding client service
by Greenwich Associates for small business and middle market
banking. 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