Notable News to Watch: BB&T Corporation (NYSE: BBT)

Notable News to Watch: BB&T Corporation (NYSE: BBT)

BB&T Corporation (NYSE: BBT) stock observed trading -3.18% off 52-week high price. On the other end, the stock has been noted 26.33% away from low price over the last 52-weeks. The stock disclosed a move of 4.27% away from 50 day moving average and 5.43% away from 200 day moving average. Moving closer, we can see that shares have been trading 2.24% off 20-day moving average. It has market cap of $39268.9M and dividend yield of 3.15%.

On July 30, 2019, The Board of Directors of BB&T Corporation (NYSE: BBT) declared a quarterly common stock cash dividend increase of $0.045 to $0.45 per share, payable Sept. 3, 2019, to shareholders of record at the close of business Aug. 14, 2019.

In addition, the board declared the following quarterly dividends payable Sept. 3, 2019, to shareholders of record at the close of business Aug. 14, 2019:

A dividend of $365.625 per share (equivalent to $0.365625 per depositary share or 1/1,000th interest per share) on BB&T’s Series D Non-Cumulative Perpetual Preferred Stock (NYSE: BBT PrD);

A dividend of $351.5625 per share (equivalent to $0.3515625 per depositary share or 1/1,000th interest per share) on BB&T’s Series E Non-Cumulative Perpetual Preferred Stock (NYSE: BBT PrE);

A dividend of $325.00 per share (equivalent to $0.325 per depositary share or 1/1,000th interest per share) on BB&T’s Series F Non-Cumulative Perpetual Preferred Stock (NYSE: BBT PrF);

A dividend of $325.00 per share (equivalent to $0.325 per depositary share or 1/1,000th interest per share) on BB&T’s Series G Non-Cumulative Perpetual Preferred Stock (NYSE: BBT PrG); and,

A dividend of $351.5625 per share (equivalent to $0.3515625 per depositary share or 1/1,000th interest per share) on BB&T’s Series H Non-Cumulative Perpetual Preferred Stock (NYSE: BBT PrH).

As of June 30, 2019, BB&T had issued approximately 766 million shares of common stock; 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.

The USA based company BB&T Corporation moved with change of 0.37% to $51.39 with the total traded volume of 4264456 shares in recent session versus to an average volume of 4263.53K. The stock was observed in the 5 days activity at 0.80%. The one month performance of stock was 4.60%. BBT’s shares are at 0.37% for the quarter and driving a 0.14% return over the course of the past year and is now at 18.63% since this point in 2018.  Right now the stock beta is 1.12. The average volatility for the week and month was at 1.55% and 1.49% respectively. There are 764.14M shares outstanding and 760.56M shares are floated in market.

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William Payton

William Payton possesses over 7 years of investment experience, an M.B.A. from California State University, and is also certified in Risk Management Assurance. He is a self-taught investor and follows the value investing approach to picking stocks. William has exploited those observations and developed investment tactics within a fundamentally sound long-term investment strategy. He currently covers Earnings News category for our site. William is a Certified Internal Auditor, Data Miner, and author with a career broadly spanning over multiple business areas.Address: 4831 Elk Street, Irvine, California, USAPhone number: 949-757-9251Email: William@surveypaid.info 

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