WINSTON-SALEM, N.C.,
April 30, 2019 /PRNewswire/ -- The
board of directors of BB&T Corporation (NYSE: BBT) today
declared the following regular quarterly dividends payable
June 3, 2019, to shareholders of
record at the close of business May 15,
2019:
- A dividend of $0.405 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 766 million shares
of common stock as of March 31, 2019; 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 $227.7
billion in assets and market capitalization of approximately
$35.6 billion as of March 31, 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 1,800 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.
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SOURCE BB&T Corporation