WINSTON-SALEM, N.C., Feb. 26 /PRNewswire-FirstCall/ -- The board of
directors of BB&T Corporation (NYSE: BBT) today declared the 2008 second-
quarter dividend of $0.46 per share, a 9.5 percent increase over the $0.42
paid in the second quarter of 2007.
The dividend will be paid May 1 to shareholders of record as of April
14.
The five-year compound growth rate for BB&T's quarterly dividend
payment is 9.7 percent. BB&T has paid a cash dividend to shareholders every
year since 1903. The corporation has increased its quarterly cash dividend
payments for 36 consecutive years.
With $132.6 billion in assets, Winston-Salem, N.C.-based BB&T
Corporation (NYSE: BBT) is the nation's 14th largest financial holding
company. It operates nearly 1,500 financial centers in 11 states and
Washington, D.C. More information about the company is available at
BBT.com.
SOURCE BB&T Corporation
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Related links:
http://www.bbt.com/
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CONTACT:
Analysts, Tamera Gjesdal, Senior Vice
President, Investor Relations, +1-336-733-3058, or Chris Henson,
Senior Executive Vice President, Chief Financial Officer,
+1-336-733-3008, or Media, Bob Denham, Senior Vice President,
Corporate Communications, +1-336-733-1475, all of BB&T
Corporation
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