BB&T declares second-quarter dividends

WINSTON-SALEM, N.C., April 25, 2017 /PRNewswire/ -- The board of directors of BB&T Corporation BBT today declared the following regular quarterly dividends payable June 1, 2017, to shareholders of record at the close of business May 12, 2017:

• A dividend of $0.30 per common share
• A dividend of $365.625 per share (equivalent to $0.365625 per depositary share or 1/1,000^th interest per share) on BB&T's Series D Non-Cumulative Perpetual Preferred Stock BBT
• A dividend of $351.5625 per share (equivalent to $0.3515625 per depositary share or 1/1,000^th interest per share) on BB&T's Series E Non-Cumulative Perpetual Preferred Stock BBT
• A dividend of $325.000 per share (equivalent to $0.325000 per depositary share or 1/1,000^th interest per share) on BB&T's Series F Non-Cumulative Perpetual Preferred Stock BBT
• A dividend of $325.000 per share (equivalent to $0.325000 per depositary share or 1/1,000^th interest per share) on BB&T's Series G Non-Cumulative Perpetual Preferred Stock BBT
• A dividend of $351.5625 per share (equivalent to $0.3515625 per depositary share or 1/1,000^th interest per share) on BB&T's Series H Non-Cumulative Perpetual Preferred Stock BBT

BB&T has approximately 811 million shares of common stock as of March 31, 2017; 23 million depositary shares related to its Series D Non-Cumulative Perpetual Preferred Stock; 46 million depositary shares related to its Series E Non-Cumulative Perpetual Preferred Stock; 18 million depositary shares related to its Series F Non-Cumulative Perpetual Preferred Stock; 20 million depositary shares related to its Series G Non-Cumulative Perpetual Preferred Stock; and 19 million depositary shares related to its Series H Non-Cumulative Perpetual Preferred Stock.

BB&T has paid a cash dividend to shareholders of its common stock every year since 1903.

About BB&T
BB&T is one of the largest financial services holding companies in the U.S. with $220.5 billion in assets and market capitalization of $36.3 billion as of March 31, 2017. Building on a long tradition of excellence in community banking, BB&T offers a wide range of financial services including retail and commercial banking, investments, insurance, wealth management, asset management, mortgage, corporate banking, capital markets and specialized lending. Based in Winston-Salem, N.C., BB&T operates more than 2,100 financial centers in 15 states and Washington, D.C. A Fortune 500 company, BB&T was recognized as one of Forbes' 2017 Best Banks in America and is consistently recognized for outstanding client service by Greenwich Associates for small business and middle market banking. More information about BB&T and its full line of products and services is available at BBT.com.

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SOURCE BB&T Corporation