WINSTON-SALEM, N.C., Aug. 26 /PRNewswire-FirstCall/ -- The board of
directors of BB&T Corporation (NYSE: BBT) today declared the 2008 fourth-
quarter dividend of $0.47 per share, a 2.2 percent increase over the $0.46
paid in the fourth quarter of 2007.
The dividend will be paid Nov. 3 to shareholders of record as of Oct.
17.
"I am pleased to announce an increase in the quarterly cash dividend
paid to shareholders," said Chairman and Chief Executive Officer John A.
Allison. "The increase of 2.2 percent compared to the fourth quarter of
last year reflects our commitment to our shareholders and the continued
strength in our capital levels."
The 10-year compound growth rate for BB&T's quarterly dividend payment
is 10.4 percent. BB&T has paid a cash dividend to shareholders every year
since 1903. The corporation has increased its quarterly cash dividend
payments for 37 consecutive years.
With $136.5 billion in assets, 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 BB&T
Corporation is available at BBT.com.
SOURCE BB&T Corporation
 back to top
Related links:
http://www.bbt.com
http://www.prnewswire.com/comp/809325.html /
CONTACT:
for 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 for media: Bob Denham, Senior Vice President,
Corporate Communications, +1-336-733-1475, all of BB&T
Corporation
|
