Tuesday, June 24, 2008

BB&T Corp. And Duke Energy Announce Dividend Increases

BB&T Corp. (BBT) and Duke Energy (DUK) both announced dividend increases today.

BBT increased its quarterly dividend to 47 cents per share versus 46 cents per share in the same quarter last year. This represents a year over year increase of 2.17%. The estimated dividend payout increases to 64% based on 2008 estimated earnings of $2.95. The 5-year historical payout ratio is approximately 54%. BBT carries an S&P Quality Ranking of A-

DUK increased its quarterly dividend to 23 cents per share versus 22 cents per share in the same quarter last year. The year over year dividend increase is 4.55%. The estimated dividend payout is approximately 72% based on 2008 estimated earnings of $1.28. DUK carries an S&P Quality Ranking of B.

(click on table/charts for larger image)

BB&T and Duke Energy dividend analysis June 23, 2008
BB&T stock chart June 23, 2008
Duke Energy stock chart June 23, 2008


1 comment :

Anonymous said...

Energy sector stocks 's performances are good this year.