OREANDA-NEWS. April 27, 2016. The board of directors of BB&T Corporation (NYSE: BBT) today declared a quarterly common stock dividend increase of \\$.01 to \\$.28 per share payable June 1, 2016, to shareholders of record at the close of business May 13, 2016. The increase is in connection with BB&T's 2015 capital plan filed last year. The board may consider another increase effective in the third quarter based on the 2016 capital plan.

In addition, the board declared the following regular quarterly dividends payable June 1, 2016, to shareholders of record at the close of business May 13, 2016:

  • A dividend of \\$365.625 per share (equivalent to \\$0.365625 per depositary share or 1/1,000th interest per share) on BB&T's Series D Non-Cumulative Perpetual Preferred Stock (NYSE: BBT PrD)
  • A dividend of \\$351.5625 per share (equivalent to \\$0.3515625 per depositary share or 1/1,000th interest per share) on BB&T's Series E Non-Cumulative Perpetual Preferred Stock (NYSE: BBT PrE)
  • A dividend of \\$325.000 per share (equivalent to \\$0.325000 per depositary share or 1/1,000th interest per share) on BB&T's Series F Non-Cumulative Perpetual Preferred Stock (NYSE: BBT PrF)
  • A dividend of \\$325.000 per share (equivalent to \\$0.325000 per depositary share or 1/1,000th interest per share) on BB&T's Series G Non-Cumulative Perpetual Preferred Stock (NYSE: BBT PrG)
  • A dividend of \\$351.5625 per share (equivalent to \\$0.3515625 per depositary share or 1/1,000th interest per share) on BB&T's Series H Non-Cumulative Perpetual Preferred Stock (NYSE: BBT PrH)

BB&T had approximately 782 million shares of common stock at March 31, 2016, and has 23 million depositary shares related to its Series D Non-Cumulative Perpetual Preferred Stock, 46 million depositary shares related to its Series E Non-Cumulative Perpetual Preferred Stock, 18 million depositary shares related to its Series F Non-Cumulative Perpetual Preferred Stock, 20 million depositary shares related to its Series G Non-Cumulative Perpetual Preferred Stock and 19 million depositary shares related to its Series H. Non-Cumulative Perpetual Preferred Stock.

BB&T has paid a cash dividend to shareholders of its common stock every year since 1903.