Tuesday, June 26, 2007

BB&T Corporation Increases Dividend 9.5%

BB&T Corporation (BBT) announced a 9.5% increase in the company's quarterly cash dividend today. The 5-year historical dividend growth rate for BBT is 8%. The new quarterly dividend of 46 cents per share is 4 cents higher than the comparable quarter dividend a year ago of 42 cents per share. The estimated payout ratio on 2007 estimated earnings of $3.34 is 55%.

(click on table/chart for larger image)

BB&T Corporation dividend analysis. June 26, 2007
BB&T Corporation stock chart. June 26, 2007

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