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BB&T Corp.'s Series F Non-Cumulative Perpetual Preferred Stock About To Put More Money In Your Pocket


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On 8/9/18, BB&T Corp.'s Series F Non-Cumulative Perpetual Preferred Stock (Symbol: BBT.PRF) will trade ex-dividend, for its quarterly dividend of $0.325, payable on 9/4/18. As a percentage of BBT.PRF's recent share price of $25.22, this dividend works out to approximately 1.29%, so look for shares of BBT.PRF to trade 1.29% lower - all else being equal - when BBT.PRF shares open for trading on 8/9/18. On an annualized basis, the current yield is approximately 5.14%, which compares to an average yield of 5.30% in the "Financial" preferred stock category, according to Preferred Stock Channel . The chart below shows the one year performance of BBT.PRF shares, versus BBT:

Performance Comparison Chart

Below is a dividend history chart for BBT.PRF, showing historical dividends prior to the most recent $0.325 on BB&T Corp.'s Series F Non-Cumulative Perpetual Preferred Stock :

BBT.PRF+Dividend+History+Chart

In Tuesday trading, BB&T Corp.'s Series F Non-Cumulative Perpetual Preferred Stock (Symbol: BBT.PRF) is currently off about 0.2% on the day, while the common shares (Symbol: BBT) are up about 1.1%.

Click here to learn which S.A.F.E. dividend stocks also have preferred shares that should be on your radar screen »

The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.



This article appears in: Investing , Investing Ideas
Referenced Symbols: BBT.PRF , BBT



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