Forbes -
5 Aug 2013 20:35

On 8/7/13, 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 9/3/13. As a percentage of BBT.PRD's recent share price of $24.31, this dividend works out to approximately 1.50%, so look for shares of BBT.PRD to trade 1.50% lower ? all else being equal ? when BBT.PRD shares open for trading on 8/7/13. On an annualized basis, the current yield is approximately 5.99%, which compares to an average yi...
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