BB&T Corp.'s Series D Non-Cumulative Perpetual Preferred Stock Goes Ex-Dividend Soon

On 11/5/14, 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 12/1/14. As a percentage of BBT.PRD's recent share price of $25.16, this dividend works out to approximately 1.45%, so look for shares of BBT.PRD to trade 1.45% lower — all else being equal — when BBT.PRD shares open for trading on 11/5/14. On an annualized basis, the current yield is approximately 5.81%, which compares to an ave...