Cash Dividend On The Way From BB&T Corp.'s Series D Non-Cumulative Perpetual Preferred Stock

On 2/11/15, 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 3/2/15. As a percentage of BBT.PRD's recent share price of $25.65, this dividend works out to approximately 1.43%, so look for shares of BBT.PRD to trade 1.43% lower — all else being equal — when BBT.PRD shares open for trading on 2/11/15. On an annualized basis, the current yield is approximately 5.70%, which compares to an aver...