BB&T Announces Fourth-Quarter Dividends
Oct 22, 2019
WINSTON-SALEM, N.C., Oct. 22, 2019 /PRNewswire/ -- The Board of Directors of BB&T Corporation (NYSE: BBT) today declared a quarterly common stock cash dividend of $0.45 per share, payable Dec. 2, 2019, to shareholders of record at the close of business on Nov. 8, 2019.
In addition, the board declared the following quarterly dividends payable Dec. 2, 2019, to shareholders of record at the close of business on Nov. 8, 2019:
- A dividend of $325.00 per share (equivalent to $0.325 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 $325.00 per share (equivalent to $0.325 per depositary share or 1/1,000th interest per share) on BB&T's Series G Non-Cumulative Perpetual Preferred Stock (NYSE: BBT PrG); and,
- 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 paid a cash dividend to shareholders of its common stock every year since 1903.
BB&T is one of the largest financial services holding companies in the U.S. with $236.8 billion in assets and market capitalization of approximately $40.9 billion as of September 30, 2019. 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., BB&T operates more than 1,700 financial centers in 15 states and Washington, D.C. and is consistently recognized 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.
SOURCE BB&T Corporation
For further information: Richard Baytosh, Executive Vice President, Investor Relations, (336) 733-0732; Brian Davis, Senior Vice President, Corporate Communications, Media@BBT.com
At BB&T, we're committed to creating superior, long-term economic rewards for our shareholders, excellent asset quality relative to our peers, superior dividend yield, and strong revenue growth.
We strive to help our clients achieve economic success and financial security. Learn more about our company, leadership initiatives and commitment to diversity.
The BB&T story continues to unfold. Read about how we seek to make the world a better place for our clients, associates and communities.
From funding education programs to lending a hand to charitable organizations, BB&T is proud to join our friends and neighbors in building stronger and more vital communities.