WINSTON-SALEM, N.C., June 22 /PRNewswire-FirstCall/ -- The board of directors of BB&T Corporation today declared the 2010 third-quarter dividend of $0.15 per common share. At this quarterly rate, the annual dividend is equivalent to $0.60 per common share.
The dividend will be paid Aug. 2, 2010, to shareholders of record as of July 9, 2010. The company has approximately 692 million shares outstanding. BB&T has paid a cash dividend to shareholders every year since 1903.
BB&T is the 10th largest financial services holding company in the U.S. with $163.7 billion in assets and market capitalization of $22.4 billion, as of March 31. Based in Winston-Salem, N.C., the company operates more than 1,800 financial centers in 12 states and Washington, D.C., and offers a full range of consumer and commercial banking, securities brokerage, asset management, mortgage and insurance products and services. A Fortune 500 company, BB&T is consistently recognized for outstanding client satisfaction by J.D. Power and Associates, the U.S. Small Business Administration, Greenwich Associates and others. More information about BB&T and its full line of products and services is available at http://www.bbt.com/. More information about BB&T Corporation is available at http://www.bbt.com/About.
BB&T Corporation
CONTACT: Analysts, Tamera Gjesdal, Senior Vice President, Investor
Relations, +1-336-733-3058, or Media, Cynthia Williams, Senior Vice President,
Corporate Communications, +1-336-733-1478
Web Site: http://www.bbt.com/
