Forbes -
4 Aug 2014 19:35

On 8/6/14, 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 9/2/14. As a percentage of BBT.PRD's recent share price of $24.48, this dividend works out to approximately 1.49%, so look for shares of BBT.PRD to trade 1.49% lower — all else being equal — when BBT.PRD shares open for trading on 8/6/14. On an annualized basis, the current yield is approximately 5.96%, which compares to an averag...
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