WINSTON-SALEM, N.C., June 19 /PRNewswire-FirstCall/ -- BB&T Corporation
(NYSE: BBT) today said it is reaffirming an earlier assertion from its
first-quarter earnings report that the company's capital levels remain
strong and management anticipates "some increase in the cash dividend
during 2008."
BB&T has increased its cash dividend 36 consecutive years and has paid
a cash dividend to shareholders every year since 1903. BB&T released first
quarter earnings April 17.
With $136.4 billion in assets, Winston-Salem, N.C.-based BB&T
Corporation 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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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; MEDIA: Bob Denham, Senior Vice President,
Corporate Communications, +1-336-733-1475
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