WINSTON-SALEM, N.C., Feb. 24 /PRNewswire-FirstCall/ -- The board of
directors of BB&T Corporation (NYSE: BBT) today declared the 2009 second
quarter dividend of $0.47 per share, a 2.2 percent increase over the $0.46
paid in the second quarter of 2008.
The dividend will be paid May 1 to shareholders of record as of April 10.
The 10-year compound growth rate for BB&T's quarterly dividend payment is
10.4 percent. BB&T has paid a cash dividend to shareholders every year since
1903. The corporation has increased its quarterly cash dividend payments for
37 consecutive years.
With $152 billion in assets, BB&T Corporation is the nation's 11th largest
financial holding company. Founded in 1872, it operates more than 1,500
financial centers in 11 states and Washington, D.C. More information about
BB&T Corporation is available at BBT.com.
