Forbes -
25 Oct 2012 21:48

On 10/29/12, BB&T Corp.'s Series D Non-Cumulative Perpetual Preferred Stock (NYSE: BBT.PRD) will trade ex-dividend, for its quarterly dividend of $0.3656, payable on 11/1/12. As a percentage of BBT.PRD's recent share price of $26.55, this dividend works out to approximately 1.38%, so look for shares of BBT.PRD to trade 1.38% lower — all else being equal — when BBT.PRD shares open for trading on 10/29/12. On an annualized basis, the current yield is approximately 5.53%, which compar...
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